Clearwater’s resource access is ‘nice’ inflation hedge for Premium
'As a harvester, they benefit from inflation because their harvesting costs tend to be relatively fixed. So that gives us a nice hedge as well with regards to runaway inflation' -- George Paleologue
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
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
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
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
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
Princes hits 100% tuna sourced either MSC or from FIP
The international food and drink group announced it had 'achieved its long-standing ambition to responsibly source 100% of its branded tuna across the group'
US pollock sector has top-10 burger joint bragging rights
Alaska pollock is now the fish of choice in sandwiches offered by nine of the world's 10 largest burger chains, GAPP confirmed
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