Cliff White has been the executive editor of SeafoodSource since 2016. Previously, he worked as the senior business reporter for the McClatchy-owned Centre Daily Times in State College, Pennsylvania, where he won state and national awards for his coverage of the development of the Marcellus Shale natural gas deposit and the Jerry Sandusky scandal.
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At the boutique Bergères market in Puteaux, France, on the outskirts of Paris, OSO’s cooked shrimp are stylishly spread in a position of honor at the stall of Poissonnerie Goube.
Run by owner Jordan Goube, who holds the prestigious title of Meilleur Ouvrier de France, a lifetime award presented by the French Ministry of Labor to master fishmongers, the seafood presented by Poissonnerie Goube to customers is specially selected for
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Nissui’s sales were up 10 percent year over year in Q1 2024 to JPY 220 billion (USD 1.5 billion, EUR 1.4 billion), but the Japanese seafood conglomerate recorded flat operating profit and a slight decline in its ordinary profit.
Nissui credited a solid performance by its Food Products Business, a recovery in its Marine Product Business, and a weak yen for its sales boost.
Its operating profit for the quarter, which ended 30 June, remained
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A letter penned by 92 fishermen based in and around Port Moller, Alaska, U.S.A., has compelled Rodger May to withdraw his bid for assets – including a Port Moller processing facility – owned by Peter Pan Seafoods, which is now in receivership.
May, who purchased Peter Pan along with McKinley Capital in 2021, had offered USD 15 million (EUR 13.8 million) for Peter Pan’s warehouse in Seattle, Washington; its processing facility
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Silver Bay Seafoods has won its USD 27.3 million (EUR 25 million) bid to acquire the frozen seafood assets of Peter Pan Seafoods, which entered receivership in April 2024.
On 5 August, King County Superior Court Commissioner Henry Judson approved the sale of the so-called Britestack assets – nearly 750,000 cases of canned salmon – despite an ostensibly higher bid from Peter Pan Co-Owner Rodger May.
With the approval of the sale,
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Tokyo, Japan-headquartered seafood conglomerate Maruha Nichiro recorded higher sales but lower profits in its most recent quarterly results.
Maruha Nichiro’s net sales were up 2.4 percent to JPY 257 billion (USD 1.8 billion, EUR 1.6 billion) in the first quarter of its 2024 fiscal year, covering the three months ending 30 June 2024. However, its operating income fell 0.4 percent to JPY 7.7 billion (USD 52.4 million, EUR 48 million), its
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Compañía Internacional de Pesca y Derivados (Inpesca) has reduced its estimation of the worth of its holding in Atunlo to zero, wiping out EUR 5 million (EUR 5.5 million) in value.
The Vigo, Spain-based Atunes y Lomos (Atunlo) is a value-addition and marketing firm for tuna products caught by Inpesca’s four vessels operating in the Indian Ocean. Earlier this year, it entered bankruptcy after it was unable to restructure
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Shrimp imports into the United States dropped 14 percent year over year in June 2024.
June’s U.S. shrimp import total sunk to 117.2 million pounds, or 53,179 metric tons (MT), down from 136.3 million pounds (61,816 MT) in June 2023, and 140.6 million pounds (63,768 MT) in May 2024.
U.S. imports are now down 11,000 MT year-to-date at 771.3 million pounds (349,841 MT) between January and June 2024, versus 794.6 million pounds (360,426 MT) in
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