Latest EU sanctions on Russia to ban €5.5bn worth of imports, including seafood
The EU's fifth package of sanctions against Russia over its invasion of Ukraine has six pillars, one of which is a ban on imports 'to cut the money stream of Russia and its oligarchs'
Benelux PE takes majority stake in hatchery aquafeed firm
Torqx Capital Partners has entered into a partnership with the former owners to acquire Ocean Nutrition
Nissui-backed giant Australian shrimp farm deemed unviable, put on hold
A project review by executives that took over in 2021 has concluded that while Seafarms remains committed to delivering on the promise of 'Sea Dragon', it is not viable at present
EJF lays bare Chinese distant water fleet’s overfishing, abuses
Around half of China's distant water fleet catch is from African waters, caught by vessels conducting human rights abuses, according to Environmental Justice Foundation
Leroy invests $19m in upgrading Norway whitefish factory
The plant in Batsfjord employs 130 full-time workers, and the investment will go into modernizing production equipment and improving the building itself
UK crab, lobster rated ‘avoid’ in latest Good Fish Guide, North Sea herring a ‘best choice’
New ratings for Scottish brown crab and lobster have been added to the guide, with eight of the nine new ratings either amber rated or 'fish to avoid'
Indian shrimp processor’s expansion plans give it ‘top-three’ potential
Following its expansion Coastal Corporation will have one of the largest capacities in the country for shrimp processing, said Incred Capital, a Mumbai-based financial advisory
Norwegian whitefish enjoys record export values in 2022
The export value for cod has never been higher, while strong volume growth for frozen whole saithe and still-rising prices for clipfish also contributed
Shanghai’s coronavirus controls snarl up seafood import supply chain
More than 300 vessels are waiting to dock at the city's port and at least one salmon processor has been told to close
Salmon prices mean a record first quarter export value for Norwegian seafood
The record value comes despite the tense global situation, bad weather, quota reductions and lower sea temperatures combining to mean the lowest export volume since 2016