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Pacific whiting catchers get 20,000t reapportion from tribal quota

After fishery was re-opened on Monday, US commercial Pacific whiting catchers now have an additional 20,000t of fish to harvest, as a result of reapportion from tribal quota

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Tropical surimi ‘slowly’ winning back market share from pollock

Subtle market shifts back to tropical surimi from buyers who moved to pollock because of low prices and low levels of inventory in Japan set to shape 2015 surimi picture, with outlook looking good for...

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High costs mean Argentina hake, hoki catches way off TAC

Costs of production in Argentina combined with competition on price with pollock means catches of hake and hoki are way off the TAC levels, exec says at Groundfish Forum

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Namibia implements hake management plan

The plan, implemented on Nov. 1, will guide the conservation and management of hake

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Red Chamber leases Alpesca plant, fleet

Starting from $10m, Red Chamber will initiate an investment process to recover the Argentinian shrimp and hake catcher

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Sources: Alpesca could file for bankruptcy if Red Chamber doesn’t negotiate...

Unpaid debts could push creditors to ask for the Argentinian shrimp and hake group's bankruptcy, which would cause trouble to the US seafood conglomerate

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Bain Capital shifts M&J Seafood, two other Brakes firms into Fresh Direct JV

Bain Capital is combining M&J Seafood and two other former Brakes portfolio companies into a JV with Fresh Direct, with current MD of the latter to run the new business

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In pictures: American Seafoods’ Northern Eagle finishes up 2014 hake season

Undercurrent News was on hand last week to watch part of the unloading of American Seafoods Group's Northern Eagle catcher-processor

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Pacific whiting earns MSC re-certification

The Pacific whiting mid-water trawl fishery, which operates off the west coast of the United States and Canada, has achieved Marine Stewardship Council (MSC) re-certification

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Canned fish, fishmeal sales boost Oceana revenue

Rising canned fish and fishmeal sales helped overcome lower horse mackerel catches to boost Oceana’s revenue for the year ended Sept. 30

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M&J deal has Fresh Direct CEO looking beyond sales target of £500m

Fresh Direct will be around £400m in turnover with addition of M&J and two other former Brakes companies, meaning CEO of enlarged group is looking to up five-year-plan turnover target

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I&J owner forecasts strong year ahead on back of bumper capex

South Africa’s I&J reports strong top and bottom line growth in 2013/2014 year, with big year of investments setting the scene for more of the same in 2014/2015

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Majority of South Africa’s seafood exported

This emerged in a report by World Wide Fund and Traffic to better understand the context within which seafood is bought and sold

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Scapeche’s €2m converted trawler ready to start deep-sea longlining

Heliotrope is ready to start fishing in the Gascogne Gulf, Scotland and Ireland after a ten-month refit transformed her from a trawler to a freezer-longliner

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Artisanal fishermen destroy Chilean authorities’ offices in hake quota protests

Artisanal fishermen have damaged fisheries authorities’ offices among other violent incidents as part of a protest over the government's refusal to authorize higher hake catches

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Chile ups hake quota despite biomass decrease

Government decides to up quota to 23,000t, at upper range of limit set by scientists

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Chile faces 200,000t cut in main pelagic stocks for 2015

Hake and jack mackerel, in contrast, have seen an increase in total TAC for next year

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Russian hake imports dive on ban impact

Despite strong increases from China and Ecuador, imports were down by 52% in October as Canada and US continue to be shut off from Russia

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Argentinian electronics firm eyes $200m fish turnover on back of Vieira deal,...

Newsan will become the 'number one' fishing company in 2015, the company's food director tells Undercurrent News

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Argentina sets 2015 hake quota at 320,000t

Hoki quota was set at 130,000t and southern blue whiting's TAC was set at 33,000t

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