Mergers and acquisitions (M&As) in the tuna sector are currently few and far between due to the lack of right-sized businesses available and the high valuations being placed on those companies, according to Jose Antonio Zarzalejos, director of corporate finance at Price Waterhouse Cooper (PwC) Deals.
Speaking at the sixth European Tuna Conference in Brussels, Belgium before the 2017 Seafood Expo Global, Zarzalejos highlighted that while a… Read More
France Pélagique has contracted with Havyard Ship Technology to design and build a new trawler that will bring state-of-the-art technology to its pelagic fishing efforts.
France Pélagique, part of the Dutch Cornelis Vrolijk Group, will use the new trawler to fish for herring, mackerel and blue whiting. The 80-meter ship, expected to be delivered in December 2018, will replace one of the two French-flagged trawlers of France… Read More
Big plans are coming to fruition for Belgium-based Setraco Foods, the company’s new CEO Erwin De Spiegeleire revealed in a press conference on Tuesday, 25 April during Seafood Expo Global / Seafood Processing Global 2017.
The company, having recently built a new state-of-the-art facility, has been focusing on entering different emerging markets and ramping up its production value-added seafood in the form of convenient,… Read More
Cozy Harbor Seafood of Portland, Maine, U.S.A and Globe Export/Algues de Bretagne of Rosporden, France won the top prizes in the Seafood Excellence Global awards at the 2017 Seafood Expo Global in Brussels, Belgium on Tuesday, 25 April.
The winners were chosen from a field of 43 finalists by a panel of judges that evaluated the products based on taste and overall eating experience, packaging, marketability, convenience, nutritional value and… Read More
Machinery developer CT International has created the seafood industry’s first vessel-ready steam cooker for snow crab, a technology that will be on display during Seafood Expo Global / Seafood Processing Global 2017, taking place this week in Brussels, Belgium from 25 to 27 April.
The steam cooker offers snow crabbers an alternative to traditional boilers, which can hurt crabmeat quality with harsh mechanisms, explained the… Read More
Fishing effort in most tuna fisheries has grown steadily in recent years, a trend that has been largely led by the constantly increasing purse-seine harvest. At the same time, these stocks remain in a healthy state and are much less overfished than many other coastal resources, delegates heard at the sixth European Tuna Conference in Brussels, Belgium.
Speaking at the biennial forum, held on the eve of the 2017 Seafood Expo Global, Alain… Read More
Seeking to convert seafood into a larger driver of its economy, the country of Peru announced the launch of a new brand, Superfoods Peru, on the eve of the 2017 Seafood Expo Global in Brussels, Belgium.
Peruvian Minister of Production Bruno Giuffra Monteverde announced the launch at a special event at the Press Club of Brussels on Monday, 24 April. The launch is part of a strategy to promote the country’s 30-plus highly valued… Read More
As April comes to a close, many seafood professionals are finding themselves in a familiar place – Brussels, Belgium, for the 2017 Seafood Expo Global / Seafood Processing Global event. SeafoodSource, the official media source for SEG17, is right there with the industry’s global business core, delivering the latest expo news coverage live from the showfloor.
The event – organized by Diversified Communications – is in its… Read More
The Belgian city of Brussels welcomes the world’s seafood business elite this week for another installment of Seafood Expo Global / Seafood Processing Global (SEG), the premiere exhibition event for the global industry.
From 25 to 27 April, professionals from all along the seafood supply chain – including processors, equipment developers, wholesalers and more – will traverse the many halls and patios of the sprawling… Read More
Scottish Seas, a newly formed cooperative of Scottish fishermen, is a story of how unique partnerships can be formed out of a chance trade show meeting.
The cooperative, comprised of three regional fish producers’ organizations - Aberdeeen FPO, Orkney FPO and the West of Scotland FPO - was created after its founders met at the 2016 Seafood Expo North America / Seafood Processing North America event in Boston, according to… Read More