High Liner Q2 earnings fall 13.5%
Yet sales increased 14.9% due to the American Pride acquisition, without which sales would have still eked out a modest gain
View ArticleUS graduate student turns vacant house into shrimp farm
Student turns a vacant house in Detroit into a shrimp farm as part of its master's pilot project to distribute the mature shrimp within the city
View ArticleUS canned salmon exports to UK rise overall, but sockeye still lags
A jump in canned salmon to UK has been a big contributor to roughly 18% rise in US exports of the packaged seafood this year through June, even though canned sockeye exports to the European nation...
View ArticleNorwegian salmon producers might be able to reroute their Chilean fish to Russia
Large salmon producers in Norway could circumvent Russian sanction by sending fish from their operations in Chile to Russia
View ArticleSeafood entrepreneur: The tough but promising Maine lobster industry
Kyle Murdock, who started lobster processor Sea Hag Seafood at the age of 23, told Undercurrent there is both room for more processing, and for younger entrepreneurs, in the tough sector
View ArticleDarden buys back $900m of debt with Red Lobster sale money
The company used after-tax proceeds from its sale of Red Lobster to consummate the debt retirement and to initiate a $500 million accelerated stock buyback program
View ArticleAlaska commercial fisherman faces year in jail over abandoned fish
Potential jail time comes with $10,000 fine after a Kotzebue commercial fisherman allegedly abandons half a shackle of commercial gill net with 103 salmon in the water
View ArticleBarry Group plant opening delayed
The Barry Group is delaying the opening of its salmon processing plant in Harbour Breton, in the Canadian province of Newfoundland, about six months
View ArticleMaine scallop management issues relieving advice for next year
The Maine state Department of Marine Resources is proposing to allow the scallop fishing season, for draggers and divers, to be the same number of deals next year, with the caveat that the department...
View ArticleCanfisco: Fraser River sockeye run may be overhyped, but still significant
Rob Morley, vice president of production for Canada's largest wild fish processor, is gearing up to tackle a Fraser River sockeye production season likely to rival that of 2010, the infamous record run...
View ArticleMississippi oyster harvest strengthens this year
This year’s Mississippi oyster harvest has been stronger than in recent years but still remains low by historical standards
View ArticleRussia to replace North American hake with Latin imports
Russia is likely to switch hake imports from North America to Argentina, Peru and Ecuador, following the Russian import ban announced on Aug. 7
View ArticleSalmon smoker MacKnight secures Einstein Bagels deal
Salmon processing group with bases in the US and UK has now more than replaced the business it lost with Morrisons in 2013, as it starts sales of multiple products to fast-casual chain
View ArticleWarmer, lower water could lead to Fraser River salmon deaths
This year’s Fraser River salmon run could be negatively impacted by warmer water and low river levels
View ArticleHigh Liner not planning further haddock price increases
High Liner Foods is not planning another price increase for haddock despite high costs for the raw material and may look to substitution or smaller package sizes
View ArticleAkva reaps record H1 amid positive expectations for Chile
Demand in the Nordic market is still expected to be good in the next quarters despite turmoil after the Russian import stop of food and fish, the equipment provider says
View ArticleAlaska B season surimi rebounds to outpace 2013 numbers
US pollock fishers this B season are now slightly ahead of last year’s pace for surimi production in an about-face from last month’s year-on-year decline
View ArticleHundreds attend EPA Pebble Mine public hearing
Hearing in Anchorage comes as EPA seeks public comment on its proposal to put severe restrictions on the Pebble Mine proposed near Bristol Bay
View ArticleThai Union chief declines to identify targets for acquisition push
Yet CEO Chansiri makes no denials when asked if it is interested in a Bumble Bee buy
View ArticleClearwater targets CAD2m in China retail sales for 2014
Clearwater Seafoods’ brand launch in China is proceeding on schedule as the company makes inroads Western stores such as Sam’s Club and Tesco
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