Exporters fear Norwegian salmon prices are rising to unrealistic levels
Prices have been on the rise for four consecutive weeks.Prices intrafish.com 5 hours old
Bumble Bee bidder FCF Fishery 'mum' on sales process
'We are only starting the process and there are other interested parties as well as an auction before us,' exec tells IntraFish.Finance intrafish.com 5 hours old
Sea Shepherd's Paul Watson on salmon farms: 'Our objective is to shut them down'
One of the most notorious and controversial NGO campaigners tells IntraFish his group has a multi-pronged attack ready against the industry.Aquaculture intrafish.com 12 hours old
US market supplier Niceland Seafood invests in Maritech traceability software
The Icelandic company supplies fresh fish from its domestic fleet.Fisheries intrafish.com 13 hours old
When are retailers implementing plastic packaging changes? Sooner than you think
The seafood industry needs to prepare; commitments from retailers towards recyclable packaging come as early as 2019.Processor intrafish.com 13 hours old
Former tuna exec admits to price-fixing agreement with Lischewski
Another said he made up a car crash and told other lies to avoid discussions on price-fixing with the former Bumble Bee CEO.Finance intrafish.com 13 hours old
Lower salmon prices trim Camanchaca Q3 earnings
The Chilean salmon farmer is maintaining production forecasts for this year and next.Finance intrafish.com 14 hours old
UPDATE: Skipper with ties to Samherji arrested on illegal fishing charge, vessel detained
Arngrimur Brynjolfsonn along with Russian Iurri Festison faces allegations of contravening Namibia’s Marine Resources act.Fisheries intrafish.com 15 hours old
ISA detected at SalMar-run salmon farm
Salmar notified the authorities on Nov. 15 following a positive test, leading to restrictions on the movement of fish from the site.Aquaculture intrafish.com 15 hours old
Pharmaq exec takes the reins at Barramundi Asia
The Singapore-based barramundi producer has plans to create 'the salmon of the tropics'.Aquaculture intrafish.com 16 hours old
Land-based farm fires shot at GM salmon, promotes non-GMO fish
A Greener World aims to drive consumers away from GM salmon, according to its website.Aquaculture intrafish.com 21 hours old
Bumble Bee files for bankruptcy protection; FCF buying assets for $925 million
Bumble Bee received new financing commitments from its existing lenders that will provide sufficient liquidity to fund the business through the closing of the sale.Finance intrafish.com 23 hours old
Acting Samherji CEO: 'I want to believe that the company survives this'
The company's board is taking the cash for quotas allegation very seriously Bjorgolfur Johannsson said in an Icelandic media interview.Fisheries intrafish.com 21 Nov 15:30 GMT
Grieg employees become shareholders through company program
To date, 14,737 shares have been transferred to company employeesFisheries intrafish.com 21 Nov 13:32 GMT
Nova Austral struggling through difficult market circumstances, legal fees
Earnings for the Chilean salmon farmer are down, despite company prices remaining competitive.Fisheries intrafish.com 21 Nov 13:28 GMT
130,000 fish are dead at Cermaq's BC salmon farms
An algal bloom is still ongoing at the sites, after the first mortalities were removed from the water at the start of last week.Aquaculture intrafish.com 21 Nov 11:44 GMT
Trudeau appoints Nova Scotia MP as fisheries minister
The new minister has yet to discuss her plans regarding Trudeau's vow to ban netpen farming in British Colombia.Aquaculture intrafish.com 21 Nov 09:25 GMT
Mitsui GM: China shows 'intense potential' as salmon market
The Japanese conglomerate is investing across the board to supply future protein to the world's biggest markets, including China.Marketplace intrafish.com 21 Nov 08:16 GMT
US salmon market returns to normal after Chile crisis
Softer demand expected during Thanksgiving festivities but demand should pick up on the run into Christmas and New Year.Marketplace intrafish.com 21 Nov 08:15 GMT
Report: Bumble Bee in buyout talks with Taiwan's FCF Fishery
FCF is already a stakeholder in Bumble Bee and has been touted by those close to the transaction as a possible buyer.Finance intrafish.com 21 Nov 07:46 GMT
WATCH: Anti-salmon farming NGO releases drone footage of die-off at Cermaq's BC farms
Earlier this week Cermaq released a statement about an algal bloom affecting its operations in the region, but Sea Shepherd says the company is downplaying the scale of the event.Aquaculture intrafish.com 21 Nov 07:37 GMT
Bakkafrost defends offer made to Scottish Salmon Company minority shareholders
The company is not willing to compromise on full ownership.Finance intrafish.com 21 Nov 04:39 GMT
Climbing catches mark successful season for Russian pollock
Pacific herring and cod catches are also well ahead.Fisheries intrafish.com 21 Nov 04:31 GMT
Estonian salmon company shuts down production after listeria scandal
The company was linked to an outbreak in Denmark.Aquaculture intrafish.com 20 Nov 21:36 GMT
Exclusive: Maine investigation of Cooke reveals 'poor handling of fish', prompts reform
The 99-page report details the state of Maine's investigation into Cooke's hatchery where animal cruelty was documented in October.Aquaculture intrafish.com 20 Nov 21:13 GMT
Peru's Diamante, Exalmar don't fear fishmeal price fallout
Pesquera Diamante and Exalmar executives not expecting signficant price falls despite 33% increase in second season anchovy quota.Aquaculture intrafish.com 20 Nov 13:31 GMT
Fulton Fish Market prepares massive M. Slavin spot for auction
The foreclosure auction will take place at the Fish Market on Dec. 6.Processor intrafish.com 20 Nov 13:24 GMT
Young's shuffles management team; top procurement exec out
The new business units will take effect on Dec. 2.Marketplace intrafish.com 20 Nov 11:35 GMT
Dutch land-based farmer selects Maine site for US yellowtail farm
The facility is expected to produce around 6,000 metric tons of fish by 2021.Aquaculture intrafish.com 20 Nov 10:36 GMT
Land-based shrimp farmer Sino Agro sees earnings boost from food trade
But this seemingly had more to do with its beef trading than its seafood business, which saw volumes decrease year on year.Finance intrafish.com 20 Nov 09:16 GMT
Labeyrie, Cermaq launch blockchain smoked salmon in the French market
Laberyrie customers can now access detailed information on the life of the salmon they are buying with the touch of a mobile phone.Marketplace intrafish.com 20 Nov 08:52 GMT
Sanford plows $13 million into new health supplement facility
The investment will allow New Zealand's largest seafood company to reap further value from local resources.Processor intrafish.com 20 Nov 04:56 GMT
Bumble Bee will be 'tough sell' for Lion, deals expert says
Reported moves to sell off the embattled canner come amid a very quiet period for M&A transactions in the tuna sector.Processor intrafish.com 20 Nov 03:53 GMT
China cutting red tape on Norway seafood imports
A new template is expected make the exporters list easier to update.Processor intrafish.com 20 Nov 03:44 GMT
British tycoon backs disgruntled Scottish Salmon Company shareholders
Minority shareholders remain concerned about being squeezed out in the Bakkafrost deal.Finance intrafish.com 19 Nov 23:33 GMT
John West scores a win at UK business culture awards
Canned seafood group takes home one win, and nearly nabs a second.Marketplace intrafish.com 19 Nov 23:00 GMT
Lischewski's lawyers continue to poke holes in tuna price-fixing testimony
Lawyers for the former Bumble Bee CEO accused a former Starkist executive of outright lying.Finance intrafish.com 19 Nov 20:12 GMT
Buyer beware: Bumble Bee is no bargain at any price
The company has had more owners than a cheap used car. Is there another willing buyer out there?Commentary intrafish.com 19 Nov 19:41 GMT
US scallop sector pushes back on offshore wind project
Proposal backed by Norwegian giant Equinor and others is getting backFisheries intrafish.com 19 Nov 18:33 GMT
Iceland drafts action plan to contain political damage from Samherji saga
The country fears the reputational damage from the scandal, and is taking steps to shore up its governance.Fisheries intrafish.com 19 Nov 17:34 GMT
Leroy Seafood CEO Beltestad snaps up shares worth $120K
Executive is joined by purchases from financial manager.Finance intrafish.com 19 Nov 15:03 GMT
Walmart expanding distribution of Mowi, American Seafoods' Alaska pollock line
The product marks the first time Walmart or any major retailer has featured a pollock fillet portion in its chilled seafood case.Marketplace intrafish.com 19 Nov 13:22 GMT
Belgian authorities recall Rokerij de Zalm smoked salmon products
The products were produced this month.Marketplace intrafish.com 19 Nov 08:59 GMT
20 tons of salmon missing-in-action after truck crash
The salmon had been gutted but not processed.Marketplace intrafish.com 19 Nov 08:47 GMT
Will rising production costs change the competitive landscape for salmon farming?
While production costs are rising globally, some countries are seeing a higher rate of increase than others.Aquaculture intrafish.com 19 Nov 07:22 GMT
DOJ subpoenas wiped $1 billion off Norwegian salmon shares
Some of the companies' stocks staged partial recoveries Monday.Finance intrafish.com 19 Nov 05:53 GMT
Heavy rainfall, warm waters fueling algal blooms in BC salmon farms
Algal blooms are always a threat to BC, industry experts confirmed, but unique weather conditions are increasing risks this year.Aquaculture intrafish.com 19 Nov 05:26 GMT
Samherji cash-for-quotas scandal puts Iceland’s global reputation in jeopardy
To avoid worsening the country's standing on a list of corrupt nations, Icelandic authorities may have to make an example of Samherji.Fisheries intrafish.com 19 Nov 04:54 GMT
Was I wrong about salmon farming?
I asserted the industry couldn't be stopped. Maybe I spoke too soon.Commentary intrafish.com 19 Nov 04:50 GMT
Insula-owned Amanda Seafoods scores big with Coop contract
This comes one year after the company acquired a wholesaler, distributor in Hvide.Marketplace intrafish.com 18 Nov 22:56 GMT
Greenpeace, Aker krill project shows the narrowing industry-NGO divide
The sometimes radical NGO sees a tremendous difference in the definition of sustainability, and the need for cooperation with industry.Fisheries intrafish.com 18 Nov 22:51 GMT
Maine's Ready Seafood nabs another lobster company
The companies look to expand the market for their products with the acquisition.Finance intrafish.com 18 Nov 22:42 GMT
Seafood restaurant chain Captain D's expands deeper into Western US states
Expansion brings the chain into the western United States.Marketplace intrafish.com 18 Nov 19:58 GMT
ISA virus detected at Cermaq Chile site
The company says there has been no signs of disease or elevated mortalityAquaculture intrafish.com 18 Nov 19:36 GMT
Pacifico Aquaculture adds former Regal Springs exec to its sales team
PE firm overseeing Pacifico said it's "overwhelmed" by customer reception of striped bass.Aquaculture intrafish.com 18 Nov 19:34 GMT
Samherji CEO resigns from shipping company board
The cash-for-quotas scandal has already led to the resignations of two Namibian cabinet ministers, as well as the managing director of South Africa-based investment firm Investec Asset Management.Fisheries intrafish.com 18 Nov 14:53 GMT
Leroy share price higher despite earnings reverse
Results fail to impress Sparebank 1 analysts.Fisheries intrafish.com 18 Nov 14:01 GMT
Grieg-backed firm to build land-based salmon facility in Japan
The company was set up in 2015.Aquaculture intrafish.com 18 Nov 13:08 GMT
Cermaq Canada salmon farms hit by algal bloom
The number of mortalities is as yet unknown.Aquaculture intrafish.com 18 Nov 09:08 GMT
Scottish Aquaculture Innovation Centre nabs $13 million in funding
More than 200 jobs were created in the industry over the span of five years.Aquaculture intrafish.com 18 Nov 08:56 GMT
Marine Stewardship Council nabs former Young's Seafood CSR exec
David Parker will head NGO and government relations.Fisheries intrafish.com 18 Nov 07:00 GMT
Strong seafood demand mitigates poor fishmeal, oil catches for South African fishing giant Oceana
Canned fish, hake and horse mackerel rescued a poor fishmeal, fish oil harvest.Finance intrafish.com 18 Nov 06:24 GMT
Longtime Mitsubishi exec moves into Princes chilled and frozen
The new role is an expansion of his current duties.Processor intrafish.com 18 Nov 05:00 GMT
Nestle gives Corbion's algae feed plans a boost
The two companies have been in contact for some time, exploring potential areas of cooperation, top exec tells IntraFish.Aquaculture intrafish.com 18 Nov 04:18 GMT
Lawyer for Samherji whistleblower: The fishing industry is at risk of corruption, not only in Namibia
Many in Iceland will feel let down by the conditions that are now being revealed, she tells IntraFish sister publication Fiskeribladet.Fisheries intrafish.com 18 Nov 02:26 GMT
Mowi threatens to pull $24 million investment in Irish subsidiary
Mowi Ireland exec says the country's rate of reform in seafood licencing is too slow.Aquaculture intrafish.com 18 Nov 01:52 GMT
IntraFish's Norwegian publications hire new news editor
Camilla Aadland will oversee news across Fiskeribladet, Intrafish.no and Tekfisk.Aquaculture intrafish.com 18 Nov 01:35 GMT
As retail pressure mounts, seafood industry faces moment of truth on plastic packaging
Retailers have already started accelerating their plastic packaging commitments thanks to consumers, and seafood may be next in the crosshairs experts tell IntraFish.Processor intrafish.com 17 Nov 22:39 GMT
Wall Street Journal: Canned tuna giant Bumble Bee to file for bankruptcy, put itself up for sale
Group allegedly making filing after being unable to pay off mounting losses associated with price-fixing scandal.Finance intrafish.com 16 Nov 23:40 GMT
Slade Gorton, Cooke distance themselves from Samherji scandal
Both firms have ties to the embattled Icelandic fishing company, but say the scandal is having no effect on their operations.Finance intrafish.com 15 Nov 22:38 GMT
Week's must-read seafood news: Samherji cash for quotas scandal, Mowi appoints new CEO, How to sell seafood to millennials
It was another massive week for seafood news. Here's a chance to catch up with the biggest stories you may have missed.Processor intrafish.com 15 Nov 22:29 GMT
Update: Icelandic fishing giant Sildarvinnslan rejects allegations it sought Samherji's advice on Greenland quota grab
Icelandic press reports allege the CEO of the group asked Samherji executives how best to cheat Greenlanders in order to secure good will and fishing quotas. The company is pushing back hard on the allegations and insisting the report is inaccurate.Fisheries intrafish.com 15 Nov 21:53 GMT
Russian firm buys rival, creating new pollock giant
Deal is estimated to be among the largest of its kind since 2018.Finance intrafish.com 15 Nov 18:51 GMT
Leroy joins list of Norwegian farmers subpoenaed in US price-fixing case
'Lerøy considers there to be no basis for the investigations,' says company.Finance intrafish.com 15 Nov 17:35 GMT
Holiday demand lifting Norwegian salmon prices
With Christmas around the corner, the demand for salmon is picking up and so is the price.Prices intrafish.com 15 Nov 14:03 GMT
Salmar Q3 results get mixed analysts reaction
The third quarter is typicall challenging for salmon producers with higher costs and pressure from higher sea lice rates.Finance intrafish.com 15 Nov 13:28 GMT
Investment firm MD resigns amid Namibian fish quotas probe
Namibia's fisheries and justice ministers have already resigned over their alleged involvement in a corruption scandal involving Samherji, Iceland's biggest fishing company, whose CEO has also stepped down.Fisheries intrafish.com 15 Nov 12:17 GMT
Austevoll earnings feel strain of low prices
Earnings fell in most of the company's segments.Finance intrafish.com 15 Nov 09:05 GMT
Chinese seafood giant Zoneco posts $40 million loss from scallop die-off
The company's stocks fell sharply on the announcement.Fisheries intrafish.com 15 Nov 08:57 GMT
Prices create friction for Leroy's farming, whitefish segments
Despite a large rise in harvests and revenues, earnings were still down.Finance intrafish.com 15 Nov 08:32 GMT
Jacques Cousteau's granddaughter: 'I fully support aquaculture done right'
The granddaughter of famed French oceanographer Jacques Cousteau shares her thoughts on the future of aquaculture.Aquaculture intrafish.com 15 Nov 07:26 GMT
Samherji scandal biggest ever to hit a Norwegian bank
Jon Petter Rui, law professor at the Norwegian Arctic University in Tromsø, believes Norway's authority for economic crime investigation should investigate Samherji's transactions through DNB.Finance intrafish.com 15 Nov 07:09 GMT
Icelandic Prime Minister: 'No stone should be left unturned' in Samherji investigation
Fishery quotas bribery scandal shakes Iceland, normally ranked highly for its transparency and high ranking among the least corrupt nations on earth.Fisheries intrafish.com 14 Nov 21:41 GMT
Ex-Starkist witness in Lischewski trial admits lying to the FBI
Key witnesses in the DOJ's case against Bumble Bee's Christopher Lischewski have taken the stand to provide evidence related to his alleged role in price-fixing.Processor intrafish.com 14 Nov 20:57 GMT
Directors of Icelandic giant Brim green-light acquisitions
The company is aiming to bolster its all round strength in the fishing industry.Fisheries intrafish.com 14 Nov 20:52 GMT
NOAA appoints new head of seafood inspection
Cole has worked for NOAA for more than 15 years.Processor intrafish.com 14 Nov 20:15 GMT
Interactive: Search the massive Wikileaks dump of Samherji documents
Namibia fisheries, justice ministers resign amid Samherji corruption probe Samherji CEO steps aside amid corruption probe Norway's DNB bank caught up in Samherji bribery scandal Constroversial whistleblowing website Wikileaks has published tens of thousands of emails related to allegations against Icelandic fisheries giant Samherji, offering a massive paper trail The group, founded by JulianMarketplace intrafish.com 14 Nov 19:35 GMT
Grieg-owned Ocean Quality, SalMar subpoenaed in DOJ investigation into Norwegian salmon price collusion
DOJ launches criminal investigation in to salmon price fixing.Aquaculture intrafish.com 14 Nov 19:22 GMT
US Justice Department opens criminal investigation into farmed salmon anti-trust allegations, subpoenas Mowi
The Antitrust Division of the US Department of Justice (DOJ) is opening a criminal investigation involving allegations of possible collusion between Norwegian producers of farmed Atlantic salmon and class action complaints in the United States related to the issue. Norway's DNB bank caught up in Samherji bribery scandal New Mowi CEO: 'The show goes on' Mowi, the world's largest salmon farmer, sAquaculture intrafish.com 14 Nov 18:40 GMT
PE investor increases stake in Norwegian seafood software firm
The firm first bought shares in the software company in 2017.Aquaculture intrafish.com 14 Nov 13:49 GMT
Namibia fisheries, justice ministers resign amid Samherji corruption probe
It is alleged that fisheries minister Bernhard Esau and justice minister Sacky Shanghala received massive kickbacks in return for doling out fishing licensesFinance intrafish.com 14 Nov 13:47 GMT
Norway's DNB bank caught up in Samherji bribery scandal
Bank closed suspicious bank accounts allegedly used by Samherji to funnel money in 2018.Fisheries intrafish.com 14 Nov 13:45 GMT
US-based feed alternative startup gets PE on board
The company aims to benefit the aquaculture industry with its technology.Aquaculture intrafish.com 14 Nov 13:27 GMT
Atlantic Sapphire named Europe's 'Star of Innovation'
The company IPO'd in 2017.Aquaculture intrafish.com 14 Nov 13:24 GMT
Icelandic salmon farmer registers on Norway's stock exchange
Norway-based DNB Markets acted as the financial advisor.Finance intrafish.com 14 Nov 13:21 GMT
Scientists recommending decrease in 2020 Bering Sea pollock ABC
What impact, if any, this might have on the 2020 catch quota won't be known until December.Fisheries intrafish.com 14 Nov 13:17 GMT
Samherji CEO steps aside amid corruption probe
The company is carrying out internal investigations over corruption allegations against its business in Namibia.Fisheries intrafish.com 14 Nov 10:24 GMT
Andromeda's meagre gets ASC nod
It claims to be the first in Spain to receive the certification.Aquaculture intrafish.com 14 Nov 08:53 GMT
Overseas aquaculture ops contribute to CP Foods' strong Q3 earnings
The strengthening Thai Baht, however, dragged on revenues.Finance intrafish.com 14 Nov 07:20 GMT
Tough quarter for salmon farmer SalMar as group continues push to offshore
Biological challenges pushed up costs for the group.Finance intrafish.com 14 Nov 06:06 GMT