Business & Finance

Iceland Seafood International will issue 40 million new shares of its stock to help finance its acquisition of Madrid, Spain-based salmon smoker Ahumados Dominguez.

ISI issues 40 million new shares to finance Ahumados Dominguez acquisition

September 20, 2021

U.S. District Court Judge for the District of Alaska Sharon L. Gleason is set to decide whether to intervene in an effort by Customs and Border Protection to fine American Seafoods and other companies over a transportation line that brings Alaska pollock to the U.S. East Coast, which the agency has ruled violates the Jones Act.

Hearing set to determine fate of US CBP’s Jones Act fines against American Seafoods, pollock transporters

September 17, 2021

American Seafoods, allies counter US CBP claims in Jones Act-related lawsuit

September 16, 2021

Grobest Group has appointed Ko Chi-Kang as to serve as chairman of its board of directors.

Grobest’s Ko Chi-Kang takes over as chairman of the board

September 16, 2021

Seinunn's seine-netting vessel Steinunn SH-167 at sea.

Fisk Seafood nets majority stake in Steinunn

September 16, 2021

Guolian Aquatic lost CNY 269 million (USD 40.3 million, EUR 34.9 million) in 2020, even higher than the losses it projected from the COVID-19 pandemic.

Analyst flags writedowns as liability after Guolian announces larger-than-expected losses

September 15, 2021

Corporación Financiera Alba SA is to invest EUR 100 million (USD 118.1 million) in Profand Fishing Holding.

Spain’s Alba takes EUR 100 million stake in Grupo Profand

September 14, 2021

A Multi X salmon farm in Chile

Rebranded Multi X starts on good footing, with Q2 profits

September 13, 2021

Kverva Industrier buys into FW Lübbert GmbH

September 13, 2021