Lima, Peru-based Océano Seafood has finalized the acquisition of Castellón, Spain-headquartered Pescados Fabregat (Pesfasa) for EUR 1.8 million (USD 2 million).
Pesfasa entered bankruptcy in November 2022 and its assets were put up for auction, attracting bids from Océano, Frimo, Cocimar, Bicapital, and Boreas Efficient Management, with Pesfasa’s workers overwhelmingly voting in favor of Grupo Océano’s
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Juneau, Alaska-U.S.A. Alaska Seafood Company has been acquired by the Central Council of the Tlingit & Haida Indian Tribes of Alaska.
The company is a processor and provider of Alaska salmon, halibut, black cod, and caviar, selling to foodservice providers and retailers across the U.S. Northwest and operating its own online store allowing B2C sales.
The Central Council of the Tlingit and Haida Indian Tribes of Alaska is a Juneau-based tribal
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Correction: USDA's initial report included eroneous contract information. This story has been updated with the correct contracts and award amounts.
The U.S. Department of Agriculture has awarded contracts for Alaska pollock sticks and canned pink salmon to four separate seafood companies.
On Friday, 23 June, the USDA announced the winners of contracts for its emergency food assistance programs, with deliveries to be made from 1 October, 2023,
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Residents of Richibucto, New Brunswick, Canada are protesting the acute smells emanating from a crustacean shell processing operation they say are making them sick and ruining their quality of life.
Coastal Shell Products processes lobster, clam, shrimp, and crab shells through a heating and drying process in its 2,800-square-meter facility in Richibucto, producing fertilizer, animal feed, and value-added products such as chitin, chitosan, and
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The U.S. Agency for International Development (USAID) and the Better Seafood Philippines (BSP) Program will host a responsible seafood summit on 14 September, 2023.
BSP is a USAID-funded initiative implemented by Sustainable Fisheries Partnership, created to promote and facilitate sustainable fisheries management and marine biodiversity conservation, with members including Fishta Seafood, SeaTrace International, Mayani, Wilcrafted, Meliomar,
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Iceland’s government has suspended its sanctioning of whale hunting, and has said a permanent ban is under consideration.
Iceland Minister of Food, Agriculture and Fisheries Svandís Svavarsdóttir issued a directive on 20 June postponing the country’s whaling season until 31 August, 2023, after concluding the commercial killing of whales does not comply with Iceland’s Animal Welfare Act. The decision came following
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India’s shrimp exports have dropped below 2022 levels, and there are signs of a smaller first crop this year, signaling trouble for the powerhouse commodity of the country’s seafood industry.
“A market correction seems to be underway,” Willem van der Pijl, the founder of consultancy Shrimp Insights, wrote in a recent blog post.
A large crop harvested in Q4 2022, combined with lower global demand, has resulted in
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Philippines President Ferdinand Marcos Jr. said his administration is “making some progress” in talks with China on curtailing its unilaterally imposed fishing ban in the South China Sea.
Every summer since 1999, the Chinese government has enforced a fishing ban across the South China Sea north of the 12th parallel, including in areas of the Philippines’ exclusive economic zone. This year’s ban will stretch from 1 May
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