Business & Finance

Published on
April 24, 2017

A series of meetings between Norwegian Prime Minister Erna Solberg and Alibaba CEO Jack Ma reveal the online retailer’s growing appetite for seafood – and especially salmon – from the Scandinavian country.

During the prime minister’s recent visits to Beijing and Shanghai, Solberg was treated to lavish hospitality events hosted with a guest list long in Chinese seafood executives. The premier’s two meetings with

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By

Brian Hagenbuch

Published on
April 24, 2017

The business competition Fish 2.0, now in its third installment, is evolving into a nexus of communication that is helping fight fragmentation in the seafood industry, according to its founding director Monica Jain. 

Held every two years after an inaugural 2013 edition, Fish 2.0 is an open call for entrepreneurs and business owners in the seafood industry to propose their projects and get feedback from investors and industry professionals,

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By

Jason Holland

Published on
April 21, 2017

The Board of Icelandic Group has announced its decision to initiate a sale process for its Seachill operation, a leading supplier of chilled fish to the U.K. retail market.

In addition to being a large chilled fish processor, Seachill is also the owner of The Saucy Fish Co., a four-time CoolBrand award winner, which this year also entered the frozen retail category.

Founded in 1998, Seachill´s revenues totaled GBP 266.3 million (USD 340.5

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By

Jason Holland

Published on
April 20, 2017

Marine Harvest achieved operational earnings before interest and taxes (EBIT) of EUR 215 million (USD 231 million) in the first quarter of this year, an increase of EUR 103 million (USD 110.7 million) compared to the corresponding period of 2016.

According to the Norway-headquartered salmon farmer’s latest trading update, the operational EBIT of its salmon of Norwegian origin in the last quarter increased to EUR 2.50 (USD 2.69) per kg

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By

Cliff White

Published on
April 18, 2017

Peter Hajipieris has joined Singapore-based tilapia farming company Regal Springs Group as its global advisor for corporate social responsbility, sustainability and external affairs.

The Regal Springs Group raises tilapia in lakes in Indonesia, Honduras and Mexico without the use of chemicals, growth hormones or antibiotics. In August 2016, the company was purchased by Golden Springs Group, the parent company of Gold Coin Group, a feed company

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By

Jason Holland

Published on
April 17, 2017

Thiraphong Chansiri, CEO of Thai Union Group, will run in the Virgin London Marathon on 23 April 2017 to raise funds for WWF-UK.

Chansiri, a committed marathon runner, is aiming to raise a minimum of THB 90,000 (USD 2,628, EUR 2,472) in sponsorship from taking on the 26.2-mile route. In 2015, he successfully completed the Paris Marathon.

Thai Union has partnership agreements with WWF in a number of countries and is funding work to improve the

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By

Cliff White

Published on
April 14, 2017

Elena Conterno Martinelli, who has served has president of Peru’s seafood trade body, the National Fisheries Society (SNP), since 2013, has been reelected for another two-year term.

SNP elections on 11 April also saw Ricardo Bernales of Pesquera Diamante become the group’s first vice-president and Austral Group’s Adriana Giudice elected as second vice president.

The SNP works to promote Peruvian fisheries and supports

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By

Madelyn Kearns

Published on
April 14, 2017

Fortune Fish & Gourmet parent company Fortune International has acquired e-commerce business Lobster Gram in a move to expand Fortune’s presence in the online retail market within the United States. 

Founded in 1987 by Dan “The Lobsterman” Zawacki, Lobster Gram has a basis in both Chicago, Illinois and Biddeford, Maine. The company is built around Zawacki’s concept of having Maine lobster shipped directly to

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By

Cliff White

Published on
April 13, 2017

Felipe Manterola Gana, the general manager of Chile’s salmon trade group SalmonChile, has voluntarily resigned from his position.

The reasons for the resignation were “strictly professional,” having to do with “undertakings that require all his attention,” according to a SalmonChile press release first published by Aqua.cl.

Manterola had been general manager of the trade association since 2014. From 2011 until his

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By

Madelyn Kearns

Published on
April 13, 2017

A partnership has been forged between Chinese e-commerce platform Tmall Fresh (operated by Alibaba Group) and GLOBALG.A.P. to provide more certified, fresh seafood to the website’s customers. 

Through the partnership, GLOBALG.A.P.-certified products will be promoted on the online retail interface, enabling such “products to reach China’s vast and growing consumer market,” according to the

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