Norway, Scottish salmon prices dip while Chile’s keep rising in week nine
There appears to have been a small price correction in Norway as a result of Russia's invasion of Ukraine, but prices remain historically high as the supply shortage continues
Russia-Ukraine fallout: Japan panel advises law change to revoke Russian MFN trading status
Keep clicking back to this blog for updates on how the evolving crisis is impacting the seafood sector
Iceland the focus of NRS’ planned $88m capex spend for 2022
NRS expects to phase out its use of triploid salmon, release the first big smolt from its new facility, and open a new Icelandic processing facility this year
NASDAQ: Salmon prices soar beyond 10-year highs in week seven
Spot prices for Norwegian farmed salmon leaped once again in week seven of 2022, according to the NASDAQ Salmon Index
Bakkafrost shares drop 9% on Q4’s salmon deaths
But Fearnley Securities believes the market has overreacted and has upgraded Bakkafrost to a 'buy', adding that the Russian market should remain solid for the Faroese firm
High prices, volumes, overcome cost levels as Camanchaca makes Q4 profit
Production costs were up 15% y-o-y due to the continued harvesting of fish from sites affected by algae blooms, but sales of inventories at high prices meant strong results
EU prepares sanctions on Russia after invasion of Ukraine begins
EU president von der Leyen will outline a sanctions package being finalized by the European Commission, and which the Council will swiftly adopt, on Feb. 24
High Liner’s Q4 sales improve but expenses erode earnings
CEO Rod Hepponstal said that High Liner took 'early action' to mitigate some of the supply chain troubles that have been hitting manufacturers
All segments contribute as Thai Union’s Q4 results hit new high
Sales hit a new high of $1.19bn, with frozen and chilled seafood, pet care, value-added, and ambient seafood all contributing
Anti-Pebble Mine group launches $100k ad campaign to ‘finish the job’
The Bristol Bay Defense Fund on Tuesday announced that it has launched a new $100,000 digital, print and television advertising campaign