Indian excitement grows around breakthrough year for black tiger shrimp
As much as 20% of national shrimp production could be black tiger by the year's end, with major packer Royale Marine forming a new 10,000t JV for black tiger production
NZ Coastal suffers another loss as Chinese visitor numbers fall
The firm reported a loss of NZD 978,000 in the three months ended Dec. 31, as Chinese visitor numbers to New Zealand decline during the pandemic
Fish Factor: Alaska lawmakers want action on US seafood trade inequities
Undercurrent News is featuring 'Fish Factor', a weekly column featuring the reporting and perspective of Alaska seafood journalist Laine Welch
Sale process underway for $500m Canadian shellfish supplier
The company, which has a turnover of around $500 million and is highly profitable, has tasked Antarctica Advisors with running a sale process, sources told Undercurrent News
Espersen CEO says customers won’t take non-MSC cod, price premium inevitable
Espersen will not take non-MSC certified cod and haddock, which means a price differential is likely in 2022, the company's CEO told Undercurrent News
Fimex expects Vietnam shrimp picture to begin smooth flow once more
The company's chair sees shrimp harvesting starting the year off well, and notes more processing capacity should 'reduce the problem of shrimp product stagnation'
Sky-high valuations make organic growth more tempting than M&A for Royal Greenland
'The way we do our spreadsheets, we have not been able to match, in any way, some of the prices which have been obtained in the M&A market recently' -- Mikael Thinghuus
UK, Greenland formally begin FTA talks
The UK government said cutting tariffs of up to 20% would benefit UK supermarkets and catering businesses, and ultimately consumers
Thai Union announces India joint venture with ingredient maker, shrimp processor
Seafood giant Thai Union Group on Friday announced the signing of a joint venture with R&B Food Supply PCL and Srinivasa Cystine Private Limited
Espersen makes ‘contingency plans’ for possible Russian sanctions over Ukraine
One of the largest seafood processors in Europe is planning for a worst-case scenario for the sector stemming from a Russian invasion of Ukraine