Daley’s PE owner eyes more shellfish M&A, taps RBC to run sale process
The US PE backer of Canadian shellfish processor Daley is looking at more add-on acquisitions but also planning to run a sale process for the company later in the year
Norway’s blue whiting, capelin seasons go on after weak February for herring exports
Bad weather and the purse seine fleet's focus on capelin fishing in Iceland were important reasons for lower herring volumes last month
Seafood trading site appoints former Grobest, Nomad exec as CEO
The seafood trading site Seafoodportal.com announced the appointment of Kristin Veriga as its new CEO, tasked with accelerating the group's expansion
UK processors brace for 30% price hike in fallout from Ukraine conflict
'Margins are already tight across the processing sector and many businesses (likely SMEs) will not be able to absorb these costs' -- Seafish
Skipjack prices on rise in Bangkok, Manta
Prices for skipjack tuna raw material delivered to the Thai capital Bangkok are on the increase for March, as are ex-vessel prices in Manta, Ecuador, the major hub in ETP
Airfreight costs double for fresh seafood sent to East Asia, though China largely unaffected
The cost of flying salmon from farms in northern Norway to Japan and South Korea has roughly doubled after Russia closed its airspace to European and Japanese airlines
Higher sales volume, strong salmon prices boost Multi’s X Q4
Chilean salmon farmer Multi X saw its sales rise by 36.3% year-on-year to $176.8m in the fourth quarter of 2021
Russian fisheries in danger of losing MSC label over auditor group’s decision
'While respecting our contractual obligations with [conformity assessment bodies] and scheme owners, ASI will limit its activities in Russia where possible'
Alaska guv wants ban on Russian seafood imports
Many US seafood importers oppose the measure, fearing that it could put further strain on their businesses
Its sales, earnings shoot up in 2021, but Premium stays mum on C&E talks
Premium Brands Holdings has acquired three companies selling everything from pizzas to sandwiches. But the seafood-hungry company announced no deals in the sector this time