Samherji buys stake in major fish carrier

SAMHERJI, the big Icelandic  fishing and seafood processing company, has made another significant move to strengthen its integrated international supply chain. It has acquired a 25 per cent stake in Eimskip, one of Iceland’s main shipping and logistics lines. Eimskip  also regularly brings fish to the Humber. The move comes just a week after it…

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New blow for Iceland shrimp sector

ICELAND’S struggling coldwater shrimp industry has taken a further hit with the closure of an important processing  centre in the west of the country. Fisk Seafood ehf said a decision had been made to cease production its its shrimp (prawn) site in Grundarfjörður with the loss of 21 jobs. While the figure may not seem…

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Responsible fishing ports scheme launched

Seafish has today launched  the Responsible Fishing Ports Scheme,  coupled with a call for suitable ports to apply. The scheme (RFPS) is a voluntary programme developed by industry to certify responsible food safety and operational practices within fishing ports. It will allow fishing ports and organisations that operate within them to demonstrate they are following good…

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Consumer expert Alison to lead Seafood 2040

CONSUMER affairs expert Alison Austin is to lead Seafood 2040, a strategic framework for the seafood supply chain in  England. Alison, who is also a Seafish board member, has more than 25 years experience in various aspects of the consumer issues, including a spell with Sainsbury’s. Seafood 2040 (SF2040) has been set up to identify …

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Samherji buys major UK fish supplier

SAMHERJI, Iceland’s largest fishing company, has bought Collins Seafood, a major UK marketing and distribution company. Based at Newton Aycliffe in County Durham, where it employs 30 people, Collins sells and distributes frozen seafood in central and northern England. Many of its customers are fish and chip outlets. The sale figure has not been disclosed,…

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Gas leak at Young's factory

A MAJOR emergency was declared at the Young’s Seafood processing plant in Kilkeel, Northern Ireland, late yesterday after 14 people were taken to hospital following a suspected ammonia leak. Two were detained and are said to be in a stable condition. It happened as workmen – not thought to be Young’s employees – were carrying…

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Cod price spiral hits whole food chain

NORWAY may have exported less cod over the past six months, but its fishing companies are receiving more money for what they do sell. It is another sign of the upward price pressure on UK and European fish buyers, which in turn is impacting on performances, profits and jobs right down the food chain. The…

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Scottish fleet faces big quota cuts

BIG reductions in the size of the North Sea and west of Scotland cod and haddock quotas for next year are being advised by ICES, the International Council for the Exploration of the Seas. If they are adopted, even in a reduced or modified form, they will have a major impact on the future performance…

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Barents Sea facing big cod and haddock cuts

COD and haddock, the two most popular white fish choices in the UK, look set to become more expensive next year following calls for big cuts in the Barents Sea quotas. ICES, the International Council for the Exploration of the Sea, is recommending a 13 per cent reduction in the cod take and a 25 per…

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HB Grandi’s Q1 profits dip

HB GRANDI, the big Icelandic fishing and fish processing company, which is currently the subject of a takeover bid, has reported a first quarter profit of 3.3 million euros (400 million Icelandic kroners). This is down by 400,000 euros on the same period in 2017. Its shareholders are considering a takeover offer from rival fishing…

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