Norwegian frozen whitefish prices jump higher still in week 12
Fresh cod and haddock prices also held firm during the past week, albeit far higher than the usual price level at the peak of the catching season
Norway’s Pelagia snaps up 100% of fishmeal, oil group
The Austevoll Seafood JV purchased Norsk Fiskeindustri Invest, which itself owns stakes in two further producers
NRS completes $221m private placement
The cash raised will be used to fund the cash consideration part of its $690m acquisition of Salmonor from NTS
Lucrative king crab sector faces Russia sanctions upheaval
With western sanctions targeting Russian seafood, Russian producers are expected to reconfigure some frozen production volumes into live for China and South Korea
Mowi about to break ground on 100,000t plant in Norway
The 'state-of-the-art' facility at Hitra will replace Mowi’s current factory at Ulvan
Norway’s fresh salmon price rebounds, volume drops in week 12
Weekly export prices for Norway's fresh salmon rebounded to NOK 83.57/kg in week 12 after three weeks of continuous drops
Indian vannamei prices stabilize in AP, up in Gujarat in week 13
Farm-gate prices for shrimp in the main farming state of Andhra Pradesh appear to have reached a new normal level
Newfoundland processor group leader fires back at call for resignation over crab quality comments
'It's a different product. No barnacles, redder crab, bigger crab, better yields and closer to market ...' -- Derek Butler, Association of Seafood Producers, on crab caught in the southern Gulf of Saint Lawrence
Lobbying effort underway for wharf improvements in southwest Nova Scotia
'[T]here needs to be a major capital investment in the area for our wharves being fit for the vessels that we have' -- Lucian LeBlanc, Wedgeport Harbor Authority
Norway Royal Salmon launches private placement to fund $690m deal for Salmonor
Despite its 68% shareholder NTS asking it to delay its move for Salmonor, NRS has stated its intention to try and close the deal, and is looking to raise NOK 1.9bn