New Taipei City, Taiwan-based Yen and Brothers hit USD 170 million (EUR 159 million) in revenue in 2022, making it one of the country’s largest seafood importers.
And despite tensions with China, which claims Taiwan as Chinese Taipei, the future is looking positive for the company, according to its sales director, Margaret Chu.
Yen and Brothers, or Yens, operates three seafood-processing facilities in Taiwan – two in Tainan and
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A limited-time offering from home meal-kit maker Blue Apron is intended to give crab-lovers a special treat.
Its Summer Crab Picnic is available through 28 August. It serves eight and includes Crab Salad Sandwiches with Chives & Celery; Romaine Wedge Salad with Bacon and Everything-Seasoned Ranch; Corn Salad with Avocado, Cucumber, and Honey-Lime Dressing; and Summer Fruit Pie with Cornmeal Crumble.
The Summer Crab Picnic will be available
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BioMar Group is planning to expand its marine hatchery trial facilities at its Aquaculture Technology Centre in Hirtshals, Denmark.
The expansion, expected to be completed by September 2023, will add units dedicated to larval rearing as well as live feed production, “allowing for extensive research and testing of hatchery feeds for several marine species.”
“The investment will allow for an expansion into a new larger facility
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Reykjavik, Iceland based Hampidjan Group began trading on the Nasdaq Iceland Main Market on 9 June.
Founded in 1934, Hampidjan has grown to encompass 51 companies making products and offering services to the fisheries, aquaculture, and offshore industries.
“We proudly welcome Hampiðjan to the Main Market of Nasdaq Iceland and at the same time celebrate the company’s 30-year milestone as a listed company,” Nasdaq Iceland
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Young’s Seafood is moving forward with a plan to close its seafood-processing facility on Marsden Road in Grimsby, England.
Sofina Foods Europe, which purchased Young’s owner Eight Fifty Food Group in 2021, said in a statement the facility “was no longer financially sustainable.”
The plant, which primarily produces whitefish products, employs 297 workers, and as many as 285 of those jobs could be eliminated with the
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The government-operated Saudi Agricultural and Livestock Investment Company (SALIC) has purchased a 42.4 percent stake in NAQUA, Saudi Arabia’s largest aquaculture firm.
Al-Lith, Saudia Arabia-headquartered NAQUA operates 80 nurseries, 77 super-intensive ponds, and 547 open inland ponds spread over 4,485 hectares, with an annual production capacity of 90,000 metric tons (MT) of shrimp, according to its website. It also operates an aquafeed
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Nueva Pescanova’s owner, Abanca, is reconsidering a sale to Iberconsa after issues arose in Cooke's ongoing due diligence process as part of its own planned acquisition of the company.
Cooke’s offer for Nueva Pescanova, originally in the range of EUR 150 million (USD 165 million) plus the assumption of EUR 500 million (USD 552 million) in liabilities in exchange for 80 percent of Nueva Pescanova, valuing the company at EUR 800
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Founded by a seafood industry veteran in Grimsby, U.K. Skipper's Pet Products has found success in using fish byproducts to create pet treats.
The company, which was founded in 2013, enjoyed a 500 percent increase in its sales over the past year as the result of pet ownership surging during the Covid-19 pandemic. After securing an investment package worth GBP 150,000 (USD 191,000, EUR 175,000), Skipper’s Pet Products has moved into a
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Bumble Bee Seafoods has introduced 12 new tuna products that will be available at retail outlets across the United States.
The San Diego, California, U.S.A.-based firm, which was acquired in 2020 by Fong Chun Formosa (FCF) Fishery Company, sells a full line of seafood and specialty protein products in the U.S., Canada, and around 50 other markets globally under the Bumble Bee, Anova, Brunswick, Clover Leaf, Snow’s, Wild
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India’s seafood exports reached USD 8.09 billion (EUR 7.41 billion) in its most recent fiscal year, up 4.31 percent year-over-year, according to the country’s commerce ministry.
India’s exports by volume increased 26.7 percent to 1,735,286 metric tons (MT) in the 2022-2023 fiscal year, which ended in March 2022, up from 1,369,264 MT the year prior.
Despite the increases, India did not meet its goal of USD 8.8 billion (EUR
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