Espersen faces massive pollock price inflation for Russian McDonald’s plant
'When we are buying for B season, in the second half of the year or even before that, there would be a huge price increase if the ruble is where it is today,' says Klaus Nielsen, CEO
Premium tipped for CAD 450m-plus crab, lobster deal after upping bid on C&E to meet Novacap
Canadian food group Premium is the favorite to acquire Champlain Financial's lobster and snow crab processing assets over Novacap, its final rival left in the sale process
Norway starts Barents Sea capelin fishery, wait goes on for herring roe
Just days after the disappointing capelin fishery in Icelandic waters ended, Norwegian vessels were starting with their 42,000t Barents Sea quota
Icelandic exporters to lose millions as consequence of Ukraine war
Many of Iceland's seafood exporters shifted their focus from Russia to Ukraine after the 2014 Crimea crisis; the growing export of food technology to Russia is also halted
Big Prawn expects new retail wins to drive return to pre-pandemic profits
The UK processor began replacing Hilton Food Group in some Tesco stores in 2022, but said new contract wins would show their full benefit in year ended May 2023
Russian H&G pollock prices rise to ‘panicked’ Chinese processors
The Chinese processing sector is experiencing some 'panic' over what will happen in the EU as a result of Russia's invasion of Ukraine, executives said
As fallout from Ukraine invasion tempers pollock prices, sector fears for worst
While pollock processors in Europe are running down stocks, they are also worried about further sanctions or retailer and consumer opposition to Russian products
Cromaris reports double-digit volume, earnings growth for 2021
The Croatian fish farmer entered the Spanish market in November, and began producing the world's first farmed greater amberjack and dentex earlier in the year
Sea Harvest ‘streamlines’ lossmaking aquaculture division, while group shows ‘mettle’
The South African firm said it had 'once again proved its resilient and defensive nature', reporting increased revenue and profits for the full year 2021
No plans in place to sanction Russian landings in Norway
Although landings of Russian fish in Norwegian ports have declined sharply in recent years, Norwegian institutes have stressed that it remains business as usual
