Walmart supplier Fishin’ Company plans $130m India tilapia project
According to Undercurrent News sources familiar with Fishin', the project will offer vertically integrated supply for the likes of Walmart, in the North American market
Western buyers increasingly ask Chinese processors to avoid Russian fish
Though requests have not reached a critical mass, Chinese processors worry it forewarns widening western sanctions and boycotts
RAS veterans, Billund partner up for ‘world’s smartest salmon farm’
A former exec with experience in helping to launch Swiss Lachs has now founded Switzerland's latest land-based salmon farm, which will aim to produce 3,400t
After passing $600m sales, Southwind looks to organic growth with M&A valuations high
Further growth more likely to come from organic initiatives due to the high valuations from a strong 2021 for the sector as a whole, said president Sam Galletti
China slaps five-month ban on shrimp imports from Omarsa plant
China has slapped five-month bans on imports from an Omarsa Group shrimp plant in Duran, Ecuador, as well as a plant operated by Exportadora Total Seafood
Ocean Choice set to open $16m Canadian value-added plant in Q4, eyes EU move
The company plans to use the plant to launch value-added products from 15 species, including scallops, coldwater shrimp, redfish and Greenland halibut
Nova Sea’s new 125,000t-capacity salmon plant under construction
Norwegian salmon producer Nova Sea has commenced the building process for its new factory, which will double its current annual capacity and should be ready in 2024
Fish Factor: Alaska hatcheries contribute 1/3 to total salmon catch; BOF tussle continues; ASG grants
Undercurrent News is featuring 'Fish Factor', a weekly column featuring the reporting and perspective of Alaska seafood journalist Laine Welch
Labeyrie’s UK divisions ride out COVID, Brexit with strong 2021 profits
Turnover and earnings were both up year-on-year at shrimp supplier Lyons Seafoods and Farne Salmon & Trout, each of whom predominantly sell to retail
Minh Phu puts $2m into domestic sales subsidiary
The Vietnamese shrimp firm has upped the charter capital of Minh Phu Green Food by VND 48bn, in an effort to boost domestic sales
