Category Archives: Processing

Fish Update Briefing, Friday, August 17

Fish Update Briefing, Friday, August 17

HISTORIC VENICE FISH MARKET UNDER THREAT VENICE Fish Market, one of the oldest of kind in the world, is under threat. The Rialto market opened 921 years ago in 1097 and became a symbol of the city’s commercial dynamism. But the number of fish merchants has been declining and now there are barely a handfulContinue Reading

Filed Under: Aquaculture, Catching, Catching News, Front Page News, Markets, Prices, Processing
Sturgeon hosts ‘valuable’ seafood summit

Sturgeon hosts ‘valuable’ seafood summit

A SEAFOOD summit organised by Nicola Sturgeon today focused on long-term growth opportunities, investing in capacity, and building Scotland’s brand at home and abroad. It was described on Twitter by Food and Drink Scotland boss James Withers as a ‘valuable meeting’, and it involved all sections of Scotland’s fisheries industry, including aquaculture. Concern has beenContinue Reading

Filed Under: Aquaculture, Catching News, Front Page News, Markets, Processing
Coast Seafood profits up almost 20 per cent

Coast Seafood profits up almost 20 per cent

THE Coast Seafood group, one of the world’s largest independent salmon and trout sales companies, has announced a major increase in operating profits for 2017. The Norwegian based company, which boasts that it exports seafood to the world, reported sales of 4.3 billion kroners, the same total as the previous year. But operating profits jumpedContinue Reading

Filed Under: Aquaculture, Catching News, Front Page News, Markets, Prices, Processing, Processing News
NFFO throws weight behind Skipper show

NFFO throws weight behind Skipper show

THE National Federation of Fishermen’s Organisations (NFFO) is sponsoring Skipper Expo Int. Bristol 2018, underlining its importance as a fisheries showcase in England and Wales. The NFFO will also have a stand at the expo, where it will be highlighting the range of the work it does on behalf of its members. Federation chief executiveContinue Reading

Filed Under: Catching, Catching News, Front Page News, Processing
Ireland to spend €23m on port upgrade

Ireland to spend €23m on port upgrade

THE Irish government is investing more than €23 million to upgrade one if its main fishing ports in the south west of the country. Michael Creed, the minister for Agriculture, Food and the Marine, has signed a contract which will see a 216m-long quayside development and new port buildings on Dinish Island, Castletownbere, in CountyContinue Reading

Filed Under: Catching, Catching News, Front Page News, Markets, Processing
Oslo names new fisheries minister

Oslo names new fisheries minister

HARALD Tom Nesvik, who has written extensively about the seafood industry, was named as Norway’s new fisheries minister today. He replaces Per Sandberg who resigned following intense political pressure since taking a holiday in Iran last month with his new Iranian girlfriend. Sandberg has been under fire for the past two weeks, not as aContinue Reading

Three-way bid for Young’s Seafood

Three-way bid for Young’s Seafood

THREE businesses are bidding to buy Young’s Seafood, including one of its former owners, weekend reports have suggested. The Sunday Telegraph said yesterday that the £200 million sale of Britain’s largest frozen and chilled seafood company was nearing completion. The current private equity owners, led by Lion Capital, announced in April that they were puttingContinue Reading

Marel boosted by favourable markets

Marel boosted by favourable markets

MAREL, the international fish and food equipment processing company, has announced strong growth in both new orders and revenues during the second quarter of this year. The Iceland based business said it has enjoyed extremely favourable market conditions and, as a result, the order book increased to 291 million euros, compared to 272.7 million eurosContinue Reading

Fish Update Briefing, Friday, August 10

Fish Update Briefing, Friday, August 10

FOOD CHIEF EXPRESSES BREXIT ALARM THE head of the Food and Drink Federation in the UK, whose members include seafood companies, has called for a meeting with ministers on the impact of Britain leaving the EU without a deal. Chief executive Ian Wright, told the ‘i’ newspaper that Brexit was ‘shaping up to be theContinue Reading

Icelandic group seals Spanish deal

Icelandic group seals Spanish deal

ICELAND Seafood International (ISI) says it has finalised the acquisition of Solo Seafood (the company which owns Icelandic Iberica), enabling it to become a fully integrated European industry powerhouse. The deal creates a combined group with sales of more than €400 million. Icelandic Iberica is one of the leading seafood suppliers in the southern EuropeanContinue Reading