Bregal quietly netted $20m from Blue Harvest plant sale
As Bregal closes in on sale of three scallop vessels from fleet of 15, it's also emerged the PE firm netted over $20m in 2019 from divesting plant in likely sale and leaseback deal
Filipino city plans $800k seafood processing hub
The 512 square meter project near Davao City will support the processing and value-adding of locally-produced milkfish and tilapia
South Korea manages stable seafood output in 2021
The Asian nation's output rose 1.2% thanks to improved production from the aquaculture sector, the government said
UK’s Waterdance sees fuel efficiency gains with new beam trawl gear
Devon, UK-based Waterdance reported an 'an extremely promising' 42% saving in fuel consumption in trials with the 'Sumwing' beam fishing gear
Whitefish consumer product prices must find ‘new level’
The rising costs for whitefish raw materials such as cod and pollock mean finished product prices will rise considerably in 2022, said the CEO of A. Espersen
Spain’s Profand appoints board of directors, Caladero name disappears
Profand has completed a corporate restructuring after the entry, last September, of the investment arm of Banca March, Corporacion Financiera Alba
Editor’s choice: Fisher King initiates sale process; Maruha, CDQs buy Icicle assets
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
Bornstein expands into Alaska processing with lease takeover
The plant in the city of Seward, Alaska, a community of 2,700 people on the Kenai Peninsula, will process salmon, halibut, black cod, cod and pollock, Bornstein Seafoods said
US House passes trade competitiveness bill with SIMP expansion provisions
The US House of Representatives has voted, 222-210, to pass HR 4521, the America Competes Act, including a provision that would expand SIMP to cover all species
Slow catches, strong demand drive H&G cod prices toward $5,000/t for China
Prices for H&G Atlantic cod are continuing to increase, with fishing slow and demand strong; the current level is the highest the price has been since 2008.