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Fish Industry News By Category: Markets and Economics

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26 May 2017
Salmon price predictions revealed
The impact that a 2 per cent increase in global Atlantic salmon production is likely to have on market prices is hard to predict, according to Damien Claire, President...
23 May 2017
Bakkafrost tops Q1 table despite ISA challenge
Bakkafrost’s farming segment harvested 13,200 tonnes at an EBIT of NOK 34.27 per kg in the first quarter of the year – an impressive margin despite facing a...
Record quarter for Norway Royal
Today Norway Royal Salmon (NRS) has reported the highest quarterly operational EBIT (MNOK 205) and EBIT/kg (NOK 28.60) for a first quarter in the history of the...
22 May 2017
Alaska Fish Factor: budget struggle threatens salmon jobs
Salmon managers are hoping for the best and planning for the worst as lawmakers extend into a third special session to try and agree on a state budget. It is the...
12 May 2017
Tough quarter for Shetland salmon
Salmon harvests in Shetland were at historically low levels in the first quarter of the year – while the archipelago usually produces around 40,000 tonnes annually,...
10 May 2017
Shetland still struggling with sea lice
Scottish Sea Farms harvested no fish from its Shetland operations in the first quarter of the year, due to the ongoing impact of high lice levels in the region....
Record quarter for Marine Harvest Scotland
A combination of good prices and lowered operating costs at sea has seen Marine Harvest Scotland experience a record start to the year, despite CMS outbreaks at...
09 May 2017
Losses mount for GM salmon firm
AquaBounty, the biotechnology company known for its GM AquaAdvantage salmon strain, has posted losses of just over $2 million for the first quarter of 2017, compared...
08 May 2017
Frozen rockfish in short supply
Poor weather conditions and a strong fresh market have kept frozen rockfish inventories bare, leading up to the busy summer season, according to Kyla Ganton, in...
05 May 2017
Easter blamed for export dip
The timing of Easter has been blamed for a 23% dip in Norwegian seafood export volumes last month. ...
04 May 2017
Salmon prices up 51%
The average price of Norwegian salmon exports last year was €6.75/kg, up from €4.63/kg in 2015, an increase of 51 percent....
01 May 2017
Russians reveal Pacific salmon quota
Russia’s salmon catch quotas for the Far East Basin are just under 320,000 tonnes across all salmon species this year, reveals Kyla Ganton in this week’s Tradex...
28 April 2017
Icelanders target 50,000 tonnes of salmon within 5 years
Salmon farmers in Iceland are aiming to increase production levels by 500% in the next five years, according to the country’s leading salmon producer....
27 April 2017
Scots seafood wins £1 million promotional package
Seafood Scotland has been awarded just under £1 million of EU funding to help showcase Scottish produce at seven trade shows around the globe over the next 12 months....
26 April 2017
British fishermen back Brexit to the hilt
The UK fishing industry is challenging candidates in the General Election to pledge their support for restoring national control of UK waters....
25 April 2017
Scots seek to build on salmon export success
Scottish producers exported 75,000 tonnes of salmon, worth £451 million, to buyers in 60 countries last year....
20 April 2017
Baltic farmer/processor reports solid start to the year
PRFoods, which is engaged in fish processing in Finland and Estonia as well as fish farming in Sweden and Finland, has reported a 3.2% sales increase in the first...
Canada and Scotland top performers for MH
Marine Harvest has reported a decent first quarter to the year, with their operations in Canada and Scotland faring particularly well....
13 April 2017
Prices and disease hit global shrimp production
Lower international prices and outbreaks of disease in some leading producing countries meant that global production of farmed shrimp in 2016 remained stagnant,...
11 April 2017
Scots seafood makes US inroads
Scottish seafood companies secured deals which could be worth an additional £5.5m in annual sales to North America last week....
10 April 2017
Strong prices for sockeye
Sockeye inventories are all but bare leading into the new season in Alaska and British Columbia, which is creating high prices, according to this week’s Tradex...
05 April 2017
Values up despite drop in volumes
Norway has exported 636,000 tonnes of seafood, worth NOK 24.1 billion (£2.26 billion) in the first quarter of this year – an increase of 13% in value compared...
27 March 2017
Panga producers hit hard
It's not shaping up to be a very good year for Vietnamese pangasius producers, as harsh weather and increased import tariffs strengthen finished goods, according...
24 March 2017
Aquaculture's key regional role explained
The regional importance of Scotland’s aquaculture industry was emphasised in front of a recent meeting of the House of Lords Science and Technology Select Committee...
15 March 2017
Turks seek to expand bass and bream output
Turkish aquaculture industry player Akvatur is planning to raise its output and export sales this year, according to senior company representatives....
13 March 2017
Pacific cod price hike predicted
Slow fishing in Alaska and Russia has left Chinese processors hard pressed for Pacific cod raw materials and a tightened twice frozen market in North America, reports...
Values up despite drop in volumes
Norway exported 196,000 tonnes of seafood, worth NOK 7.5 billion, in February – down by 19 per cent in volume, but up by 6 per cent in value, compared with February...
Export record for BC-raised salmon
Global sales of fresh BC farm-raised salmon reached a record $745 million CAD in 2016....
09 March 2017
Clearwater Reports Positive Outlook for 2017
CANADA - 2016 will be recorded as the seventh consecutive year of record top and bottom line results for Clearwater, according to Ian Smith, CEO of Clearwater, after...
Delta Raw Shrimp Prices Soar
VIET NAM - Prices of raw shrimp have been increasing rapidly in the Cửu Long (Mekong) Delta since early February when shrimp processors returned to work soon after...
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