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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'

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South 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

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Marfrio’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

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Fastnet 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

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Cape 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

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Peru 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

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Grupo 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

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American 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...

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As 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

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Argentina’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

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CDQ 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

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Morris 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

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Spain’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

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Falkland 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

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Lower 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

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Dutch 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

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Argentina’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

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Renewed 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

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Argentina’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

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Overfishing 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

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