Danish association: Russian fish processed in China likely to be part of any EU sanctions
Russian whitefish sent to China for re-processing would likely be included in any EU food-focused sanctions from the bloc, says director of Danish Seafood Association
Spain threatens to close ports to Russian vessels, encourages EU to follow suit
Spain has called on the EU bloc to ban Russian vessels from its ports and waters, bringing sanctions against Russia to the maritime space
Salmon farmer Wester Ross sees turnover dip but profits lift in 2020
The salmon farmer saw turnover fall 6.8%, but was able to reduce its costs further, meaning an operating profit that was up 20% year-on-year
ASC launches second consultation round for new farm standard
This development of the new farm standard will be the biggest overhaul of the ASC certification program since its origin, the group said
Spain’s Globalimar to invest €7m in processing expansion
Globalimar Europa, a Spanish processor based in Llagostera, in Girona, close to Barcelona, will invest €7m in expanding its facilities with an aim to launch a new line of chilled products
SalMar names new CEO to replace Witzoe
The salmon farmer's board has named an executive from Aker Solutions as its new CEO, to take up the role no later than June 1
Bakkafrost halts sales to Russia over military aggression
Bakkafrost's CEO Regin Jacobsen told Undercurrent News his company was 'in shock' over Russia's actions, and felt it had to halt its supplies there
France’s Ocealliance snaps up family-owned Boulogne-based fish trader
The major French distributor has acquired FFG Maree and associated trader J-Trade, together based in the key Channel port of Boulogne-sur-Mer
Sanctions could hit EU, US ability to pay for pollock fillets, but H&G sales to China going strong
Buyers in Europe and the US will be limited in their ability to pay Russian fishing companies after the latest sanctions, an executive with a major supplier told Undercurrent News
Vietnam pangasius shortage begins to bite, expected to last until summer
Analysts in Vietnam expect raw material prices to keep rising for a month or two, and then stay firm for the summer; processors said to be concerned, with contracts to fulfill