UK gov’t issues sanctions against Russian whitefish imports
Under the new sanctions, there will be an additional 35% tariff applied to many products imported from Russia, including whitefish
American Aquafarms’ sister bids to be first firm raising cod in closed pens
New player Purecod has received a permit to farm Atlantic cod in closed pens with a maximum standing biomass allowance of 3,120t in Roneset, in Storfjorden
Seafood still seeing y-o-y value declines at UK retail, despite inflation
Meat, fish, and poultry continue to see value decline when compared with the strong household purchasing seen last year during much stricter lockdown restrictions
Nueva Pescanova brings in M&A veteran as finance director
Carlos Lopez Jall has a track record of more than 30 years in the financial arena, 'especially in the fields of corporate advice, mergers and acquisitions', and alternative debt financing
Young’s parent Sofina launches plant-based seafoods
Greenland Seafood has launched a rice protein-based range of frozen 'seafoods', for both retail and foodservice
Denmark’s CM Aqua appoints former AKVA exec as CEO
Denmark's water treatment firm CM Aqua appointed Mikael Denhardt as its new CEO; Kurt Carlsen, the former CEO, will continue focusing on sales and technical improvements
EU fleet faces stoppages, collapse as fuel price rises to record high
Spanish and European industry groups are eyeing strike action if they do not receive the aid they say is urgent, as fuel and logistics costs rocket
Cooke invests $40m in value-added expansions for Canadian salmon, Spanish bass
Around $35m has been invested in the plant in Canada, with the expansion in Spain likely to cost around $5m, executives with the company told Undercurrent News
Finnish firm looks to revitalise port with $5m fishmeal factory purchase
At a time when Finland is said to be verging on desperate for fishmeal production, two vessel owners and entrepreneurs have acquired a new, 150-metric-ton-per day facility
Pelagic activities, including capelin, take Iceland’s SVN to significant profits
The company earned -- and spent -- big in its first year of being listed on the Nasdaq Iceland stock exchange