Archive for May 2018
US tightens tariffs on Chinese shrimp
THE Southern Shrimp Alliance in the United States has called on Washington to impose additional tariffs on imports of certain types of Chinese seafood, in what many people fear could lead to a trade war between the two countries. The alliance has submitted a letter to the Office of the United States Trade Representative (USTR) supporting…
Read More‘Good’ first quarter for Scottish Sea Farms
SALMON farming giant SalMar today announced ‘satisfactory’ first quarter results for 2018, with overall price during the period contributing to revenue growth and further strong earnings. Its half owned Scottish subsidiary, Scottish Sea Farms, posted a good result in the first quarter 2018 on the back of sound underlying operations. It harvested 6,000 tonnes in the…
Read MoreGrieg shines as Q1 volumes and sales jump
GRIEG Seafood beat all earnings forecasts for the first quarter of 2018 on the back of considerably higher output, figures show today. The company harvested 11,433 tonnes in Q1 2018, up 34 per cent on the 2017 Q1 figure of 8,522 tonnes. While the average industry spot price was down NOK 5.36 per kg on 2017, for Grieg Seafood the price…
Read MoreBioMar invests £10.6m in fry and RAS line
FEED group BioMar is expanding the capacity of its factory in Denmark with a £10.6 million line dedicated to fry and RAS feed production. The Brande based factory has seen a significant growth in volumes sold over the last few years, with a growing customer base. Feed is delivered to farmers across most of Europe,…
Read MoreMonday, May 14, fish prices from Peterhead market
PETERHEAD FISH MARKET PRICES Monday 14.05.18 Boats 11 Consignments 2 Boxes 5273 Cod Large £2.70 – £3.50 Cod Medium £2.50 – £2.85 Cod Selected £2.50 – £2.80 Cod Small £1.60 – £3.00 Haddock Large £2.50 – £2.80 Haddock Medium £2.50 – £2.90 Haddock Selected £3.20- £3.50 Seed £2.40 – £3.00 Chippers £2.00 – £2.75 Metros…
Read MoreMonday, May 14, fish prices from Grimsby market
FISH PRICES MONDAY 14TH MAY 2018 TOTAL BOXES FOR SALE 3000 TODAY KILOS: 150000 WE DO NOT BUY OR SELL FISH THIS IS A ROUGH GUIDE ONLY – Prices are in £ per kilo Vessels Overland Norwegian Icelandic Other – 110 – 2714 176 SPECIES Size Low High Low High Low High COD 1 XL Large 2.50 2.80 COD 2…
Read MoreBakkafrost buys US salmon importer
FAROESE salmon farmer Bakkafrost has entered into a conditional share purchase agreement with the owners of North Landing to purchase all outstanding shares of the US salmon importer. Bakkafrost said it wanted to establish an American base to better serve its US customers. The deal is expected to be closed at the end of May.…
Read MoreSeafood summit leaving Grimsby
AFTER seven years, the Humber Seafood Summit is being moved from its traditional Grimsby area location. And it is being given a new name as the UK Seafood Summit, with the event moving around the country. The two-day summit this year will be held on October 17-18, 30 miles from Grimsby at the Forest Pines…
Read MoreIreland unveils new seafood strategy
IRELAND has launched a bold new strategy designed to drive up its fishing and aquaculture industries. Bord Iascaigh Mhara (BIM), the agency responsible for leading the development of the Irish seafood sector, has outlined its plans in a statement titled ‘Enabling Sustainable Growth’ to deliver growth between now and 2025. The new strategy is aimed at enhancing…
Read MoreBrexit no deal ‘will push up fish prices’
THE price of popular fish species such as cod and haddock could shoot up by almost 20 per cent if Britain crashes out of the EU without a deal, a leading investment bank warned at the weekend. And among the hardest hit will be the fish and chip shop sector, which is already struggling with…
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