Category Archives: Markets

Norway Q1 salmon earnings surge

Norway Q1 salmon earnings surge

HIGHER prices, a weaker kroner and rising demand from the United States have combined to deliver strong growth to Norway’s salmon exporters during the first quarter of 2019, the latest figures from the Norwegian Seafood Council today show. The country exported 245,000 tonnes of salmon worth NOK 16.7 billion (£1.49 billion) between January and MarchContinue Reading

Filed Under: Aquaculture, Catching News, Front Page News, Markets, Prices
Norway warning over UK fish sales

Norway warning over UK fish sales

THE Norwegian Seafood Council has urged exporters to send as much fish to the UK before Brexit Day, due on March 29, in case extra customs checks are imposed, leading to chaos. With the prospect of a no deal increasing, the fear is that Norwegian suppliers will also face higher costs and hold-ups. Interestingly, theContinue Reading

Filed Under: Aquaculture, Catching, Catching News, Front Page News, Markets
Tuesday, February 5, fish prices from Grimsby market

Tuesday, February 5, fish prices from Grimsby market

FISH PRICES TUESDAY 5th FEBRUARY 2019 TOTAL BOXES FOR SALE: 1758 TODAY KILOS: 87900 WE DO NOT BUY OR SELL FISH THIS IS A ROUGH GUIDE ONLY – Prices are in £ per kilo Vessels Overland Norwegian Icelandic Other – 73 – 1599 86 SPECIES Size Low High Low High Low High COD 1 XLContinue Reading

Filed Under: Catching News, Prices
Tuesday, February 5, fish prices from Lerwick market

Tuesday, February 5, fish prices from Lerwick market

FISH MARKET PRICES SHETLAND Tuesday 5th February 2019 2 BOATS LANDED 259 BOXES Sharyn Louise, Radiant Star SPECIES GRADE VOLUME MAXIMUM AVERAGE kgs PRICE PRICE £ per kg £ per kg CATS COD 1 COD 2 131 3.68 3.44 COD 3 78 3.00 2.84 COD 4 33 2.87 2.87 COD 5 41 2.24 2.14 CODContinue Reading

Filed Under: Catching News, Prices
Norway exports off to flying start

Norway exports off to flying start

NORWEGIAN seafood exports got off to a strong start in the New Year with revenues last month increasing by almost a billion kroner – or £90.5 million. The country exported 200,600 tonnes of seafood worth NOK 8.6 billion (£778.3 million), a four per cent decline in volume, but an increase of NOK 992 million orContinue Reading

Filed Under: Aquaculture, Catching, Catching News, Front Page News, Markets, Prices
Monday, January 28, fish prices from Lerwick market

Monday, January 28, fish prices from Lerwick market

FISH MARKET PRICES SHETLAND WEEK 5 Monday 26th January 2019 10 BOATS LANDED 1457 BOXES Resilient, Defiant, Tranquility, Copious, Sadie Joan, Avrella, Fairway, Sharyn Louise, Lesley A, Arcturus SPECIES GRADE VOLUME MAXIMUM AVERAGE kgs PRICE PRICE £ per kg £ per kg CATS 88 3.31 3.07 COD 1 327 3.38 3.21 COD 2 4037 3.63Continue Reading

Young’s reports impressive growth

Young’s reports impressive growth

SOLID sales growth and the capture of important new contracts helped give Young’s Seafood an impressive increase in turnover and gross profits last year. The company reported turnover of £545.9 million for the financial year ended September 30, 2018, a rise of 4.3 per cent, and an EBITDA (earnings before interest, tax, depreciation and amortisation)Continue Reading

Tesco jobs review fuels Grimsby fears

Tesco jobs review fuels Grimsby fears

FISH processors in Grimsby were today anxiously studying reports that the supermarket giant Tesco is planning to cut back on the number of fresh fish counters in its larger stores as part of a major jobs review. The reports, which first appeared in the Mail On Sunday, suggest that the retailer could axe thousands ofContinue Reading

World’s first salmon ‘ATM’ opens

World’s first salmon ‘ATM’ opens

THE world’s first salmon vending machine has gone into action in Singapore. From a distance it looks like a brightly coloured bank cashpoint, but move in closer and it will dispense not banknotes but frozen Norwegian salmon fillets, all ready to cook. A local and as yet unnamed local distributor has come up with theContinue Reading

Norway ‘will strike its own deal with UK’

Norway ‘will strike its own deal with UK’

NORWAY will reach a separate agreement with the UK in the event of a no deal or a hard Brexit, in order to safeguard the two countries’ uninterrupted trade in seafood. This was the message from Norwegian fisheries minister Harald Tom Nesvik, addressing delegates at the Norwegian Seafood Council seminar in London yesterday. Nesvik drewContinue Reading