Scottish seafood ‘open for business’

Scottish seafood ‘open for business’

SCOTTISH seafood companies were hoping to secure millions of pounds of new business as the Seafood Expo got underway in Brussels this morning. Some 21 Scottish companies have stand space within the Scotland pavilion in Hall 9, while an additional 21 firms are attending independently, all vying for new export contracts. Last year, Scottish businessesContinue Reading

Filed Under: Front Page News, Processing, Processing News
Aldi tops sustainable fish list

Aldi tops sustainable fish list

THE discount retailer Aldi has been named as the UK supermarket chain with the best record of stocking the highest proportion of sustainable seafood, says the Marine Stewardship Council. It is even beating high end retailers such as Waitrose and Marks & Spencer. The MSC, which is the international body that sets fishing standards aroundContinue Reading

Filed Under: Catching, Catching News, Front Page News, Processing, Processing News
John West owners joins ghost gear fight

John West owners joins ghost gear fight

THE Thai  Union Group,  one of the world’s largest seafood companies, has joined forces with the Global Ghost Gear Initiative  in a drive to reduce the growing problem of abandoned and discarded fishing gear  worldwide. The  global ghost initiative (GGGI)  is an alliance founded by World Animal Protection, dedicated to tackling the problem of ghostContinue Reading

Filed Under: Catching, Catching News, Front Page News, Processing, Processing News
Salmon market surprisingly robust says DNB

Salmon market surprisingly robust says DNB

DESPITE the volatility of salmon prices, the robustness of the market has surprised analysts, DNB’s Alexander Aukner told an audience of producers and traders at the DNB/Fish Pool seminar on the eve of the Seafood Expo. Aukner, an equity analyst at the Norwegian bank, said the ‘super cycle’ is set to continue, prices are atContinue Reading

Filed Under: Aquaculture, Front Page News, Markets, Prices, Processing
Norway PM hails aquaculture success

Norway PM hails aquaculture success

NORWAY’S prime minister, Erna Solberg, has said the country needs to develop an aquaculture industry that can deliver food and economic values ​​within an acceptable footprint. She was speaking at the Havbruck 2018 conference, which gathered the fish farming industry, along with researchers and politicians, for key discussion on future policy. The main theme of thisContinue Reading

Filed Under: Aquaculture, Front Page News, Markets
Fashion chain owner ‘eyeing Young’s’

Fashion chain owner ‘eyeing Young’s’

THE private equity company Sun Capital Partners, whose portfolio includes the women’s fashion chain Bonmarche and the UK bed maker Dreams, is reported to be considering a bid for Young’s Seafood. The current private equity owners announced on Thursday that Britain’s largest seafood business was being put up for sale. No price tag has beenContinue Reading

Queen’s Award for Scottish Ace

Queen’s Award for Scottish Ace

DUNDEE based company Ace Aquatec has received a prestigious Queen’s Award for Enterprise in the innovation category, it was announced today. The company’s managing director, Nathan Pyne-Carter (pictured), said the award is specifically for growth and innovation in seal deterrent systems, recognising significant investment in research and development, and benefits to the aquaculture industry fromContinue Reading

Fishupdate Briefing Friday April 20th

Fishupdate Briefing Friday April 20th

CHINA HUNGRY FOR US LOBSTER CHINA and the United States may be gearing up for a trade war, but the dispute hasn’t stopped Chinese ‘s hunger for American lobsters. And the demand is helping keep prices high for US domestic . consumers. However,  a tariff on the seafood by Beijing  is not thought to beContinue Reading

Young’s Seafood up for sale

Young’s Seafood up for sale

YOUNG’S, Britain’s largest seafood company, has formally announced that the business is to be put up for sale. And it is almost certain to attract widespread interest from at home and abroad. The news came in a statement yesterday from the parent company, Lion capital, which is owned by the private equity firm HPS Investment Partners (UK),Continue Reading

Loch Duart thanks communities for support

Loch Duart thanks communities for support

LOCH Duart thanked the communities where it farms by hosting two receptions last month – one in Scourie in Sutherland, and the other in Uist in the Hebrides. Managing director Alban Denton and Loch Duart staff met community leaders, owners of local hotels, shops, restaurants and B&Bs. The company updated the community on its workContinue Reading

Salmon and rum ‘married’ for royal wedding

Salmon and rum ‘married’ for royal wedding

ABERDEEN based salmon specialist John Ross Jr is marking the May wedding of Prince Harry and Meghan Markle by launching a celebration smoked salmon that marries rum with smoked salmon. The Original Rum Cured Smoked Salmon, which is presented in a bridal white pack, draws on a 160-year-old recipe using rum and sugar cane to createContinue Reading

Scope for farm growth on other coasts

Scope for farm growth on other coasts

THE lead planning officer at Highland Council has called for the long standing moratorium on fish farms on Scotland’s east and north coasts to be reviewed by the Scottish government. Mark Harvey, giving evidence to the Rural Economy and Connectivity (REC) committee at Holyrood yesterday, said it was a ‘strange situation’ that Scotland had threeContinue Reading

Bristol Seafood in $5m expansion

Bristol Seafood in $5m expansion

THE US state of Maine has received another significant boost to its expanding seafood industry. The company Bristol Seafood has announced it is investing nearly $5 million in its Portland processing facility over the next three years. The company says the investment, in partnership with the Maine Technology Institute (MTI), is made possible through a grant of moreContinue Reading

Chilean salmon deal on the cards

Chilean salmon deal on the cards

A BIG South American salmon farming deal could be on the horizon. The Chilean website Aqua.cl reports that Empresas AquaChile has made a $200 million plus offer to buy the salmon farming arm of rival company Friosur. So far there has been no reaction from Friosur, which is family owned by three brothers. Friosur isContinue Reading