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
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
Listeria, filth allegations prompt federal effort to close US processor
Inspectors found Listeria monocytogenes where workers prepared seafood, including fish jerky and cold- and hot-smoked salmon, in inspections last year and in 2018
Spain’s Profand acquires Greek seabass, seabream farmer
Profand said the acquisition of Kefalonia Fisheries 'boosts the group's presence in aquaculture production, specifically in seabream and seabass'
UK whitefish processors prepare for ‘recalibration’ away from Russian supply
Russian industry supplies roughly 30% of UK's whitefish, but as retailers move to drop fish from the country, processors expect they will have to lean more on Iceland and Norway
South Africa’s Oceana closes ‘difficult chapter’ as revenues contract 8%
The Capetown-headquartered company reported revenues of RAD 7.6bn in the 12 months to Sep. 30, 2021, down from RAD 8.3bn in the 12 months prior
Espersen plans farmed cod move as wild prices rocket
Denmark's A. Espersen is planning to start selling farmed cod, having tested a small run in one of its processing plants, its CEO told Undercurrent News
Bregal to sell Blue Harvest’s last dozen scallopers after deals for three others close
With scallop vessels and licenses commanding a value of between $5 million and $7m, the 12 could net between $60m and $84m
Cut in Chilean mussel output to offset lost sales to Russia, Ukraine
Chile's mussel sector expects output to drop between 15% and 20% in 2022 due to reduced growth and mussel yield. This is set to offset sales lost by Russia's invasion of Ukraine
Viciunai suspends operations in Russia
Lithuanian surimi giant Viciunai -- which manufactures some of its products in the Kaliningrad region -- said it had suspended operations in Russia