Russian fishing firm warns sanctions ‘would be devastating for both sides’
Business as usual, for now, say sources close to Norebo Holding, Russia's largest quota holder and major exporter of cod, haddock, pollock and pelagic fish
High Liner’s Q4 sales improve but expenses erode earnings
CEO Rod Hepponstal said that High Liner took 'early action' to mitigate some of the supply chain troubles that have been hitting manufacturers
Red Lobster narrowed its losses amid 2021 foodservice recovery
Privately held Red Lobster does not disclose its financials but Thai Union Group's statements provide some insight
All segments contribute as Thai Union’s Q4 results hit new high
Sales hit a new high of $1.19bn, with frozen and chilled seafood, pet care, value-added, and ambient seafood all contributing
Bristol Bay processors add capacity but shortfall still possible
Salmon processors in the US state of Alaska are making preparations to collectively handle 10m more sockeye this year than they did in 2019
Mowi ‘very optimistic’ about 2022 salmon markets amid global supply constraints
The company's price achievement in Q4 was hampered by size distribution, quality downgrading in Norway, and challenging biology in Canada East
Smales sees COVID create ‘new generation’ of chip shop customer
The fish-and-chip shop supplier saw sales rise 16.6% in 2020-21, and volumes sold rise 20.4%, as coronavirus drove changes to the sector
Siam Canadian: No improvement on the horizon for global freight costs
Even if container costs eventually drop, Siam Canadian chief Jim Gulkin believes the lower, four-digit pre-COVID prices are 'a thing of the past'
Editor’s choice: SalMar outbids Mowi for NTS; Beaver Street seeks investor
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
Trident names Scherer to head its European operations
Thomas Scherer has been promoted to managing director of Trident Seafoods Europe in addition to his current role as managing director of Pickenpack Seafoods