“Whitefish processors in Norway and Europe in general have lost money,” Jack-Robert Moller, director UK at the Norwegian Seafood Council (NSC), said at Thursday's Humber Seafood Summit in Grimbsy.

"This is because in the last few years there has been a huge reduction of processing capacity in Europe, while at the same time there has been a big increase in China, which saw an increase fueled by production yield and lower production costs."

Nevertheless, Norway's exports to Europe have been on the growth path -- led by salmon.

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