Nowaco acquires Uruguay’s largest fishing firm
'As co-owner of a fishing company, with direct access to raw materials, we are moving deeper into the value chain and becoming an even stronger business partner'
View ArticleSouth Africa’s Oceana sells logistics, cold storage business to focus on fishing
Oceana Group has agreed to sell its cold storage and logistics business, Commercial Cold Storage, for ZAR 760 million to a consortium of African investors
View ArticleMarfrio’s new Peru plant starts squid production after several delays
After several delays in its construction, Marfrio has been given the green light to start production at its second plant in Peru
View ArticleFastnet will continue to prosper despite whitefish market turmoil, says...
Andy Weightman, who spent three decades with Fastnet, said he's never seen a time of so much turmoil and uncertainty in the whitefish markets
View ArticleCape hake supply to remain stable, prices strong in 2023
Cape hake's total allowable catch and supply are expected to remain stable also in 2023, with strong pricing due to high fuel and freight costs
View ArticlePeru landings rise 7% as anchovy catches aimed for fishmeal, oil soar
Peru saw its wild-caught seafood landings increase year-on-year to 116,300 metric tons worth PEN 145m in August, up by 7% by volume but down 14.7% by value
View ArticleGrupo Pereira to turn cold storage unit into new processing factory, renew fleet
The firm wants to convert its current cold storage facility in Pazos de Borben, near Vigo, into a new processing plant to boost its annual production capacity
View ArticleAmerican Seafoods plans ‘next-generation’ pollock new-builds, eyes fishing M&A
American Seafoods has engaged a Nordic naval architect to design a 'next-generation' pollock and Pacific hake factory trawler, while also looking at upstream acquisitions, executive advisor and...
View ArticleAs war continues, Ukraine seafood imports from US increase, slowly
'A lot of people [have] fled the country, so they're missing employees. A lot of cold storages have been destroyed' -- Alex Babadzhanov, chief operations officer, Sogda
View ArticleArgentina’s seafood sales drop by 8% as shrimp exports dive
Argentina's fisheries sector saw its exports of shrimp drop by 18% in volume and 28% in value year-on-year during this period
View ArticleCDQ group takes control of Golden Alaska pollock mothership after two catcher...
CDQ Yukon Delta Fisheries Development Association has gone from owning 26% of Golden Alaska to a majority via deals for two catcher boats that supply the mothership, sources said
View ArticleMorris takes president role at quiet North American salmon giant Canfisco
Morris has taken over from Dan Nomura as president of Canfisco, the largest fishing company in the Canadian province of BC and also a major player in the US salmon fishery in Alaska
View ArticleSpain’s Cabomar hopeful on end of year recovery for slack retail sales
Cabomar marketing director Tania Lage expects inflation to hit Spanish consumer's pockets, shifting demand from foodservice back to the retail market
View ArticleFalkland Islands’ gov’t foresees record hake catches this year
The Falkland Islands' department of natural resources expects hake catches this year to surpass 62,000 metric tons
View ArticleLower shrimp, hake sales cause 4% drop in Argentina seafood export volumes in Q3
Argentina's fisheries sector exported a total of 137,574 metric tons of seafood worldwide worth $594.3 million during the third quarter of 2022
View ArticleDutch firm Zalmhuys builds new salmon smokehouse
Zalmhuys Group, which has annual revenues of over €250 million, plans to open a new salmon smoking plant in Urk, Netherlands, in March 2023
View ArticleArgentina’s Veraz confirms deal talks with Nueva Pescanova are off
The negotiations between Spain's Nueva Pescanova and Argentinian fishing company Pesquera Veraz have halted without a deal
View ArticleRenewed missile strikes knock back recovering Ukraine hake market
'The country's not set up and does not have the tools and infrastructure to do quick repairs from serious damage like missile strikes' -- Alex Babadzhanov, chief operations officer, Sogda
View ArticleArgentina’s seafood sales drop by 17% in October as red shrimp, hake exports...
Argentina saw its shrimp and hake exports fall year-on-year in October to 14,605t worth $95.3m and 10,679t worth $28.9m
View ArticleOverfishing falls in Med, Black Sea fisheries but stocks remain under...
While most key commercial species are not yet exploited sustainably, nearly all of them show a decrease in fishing pressure to levels below the regional average, a new report from the UN's FAO shows
View Article