Clean Seas Tuna released a report today that indicated a rebate from research and development will lead to a projected USD 1.5 to 3 million (EUR 1.1 to 2.2 million) after-tax profit.
Cermaq’s pro forma EBIT pre fair value was NOK 113 million in third quarter 2013 versus a loss of NOK 97 million in third quarter 2012, due to higher salmon prices which have lifted earnings in all farming regions.
Embattled Spanish fishing group Pescanova needs EUR 185 million (USD 247.1 million) in working capital and capital expenditures in order to implement its viability plan for the future, according to the plan's summary report.
On 7 November 2013 Marine Harvest ASA ("Marine Harvest") announced it had purchased 28,826,736 shares in Grieg Seafood ASA ("Grieg Seafood") at NOK 22 per share.
Archer Daniels Midland Company is building a new feed-premix plant in the city of Nanjing, in eastern China, bringing to three the total number of facilities in the company’s Chinese premix network.
According to figures from the Norwegian Seafood Council, the value of Norwegian Salmon exports totals NOK 31.4 billion, which is already NOK 2 billion more than for the whole of 2012.
High Liner Foods’ third quarter results show the company’s net income rose 30 percent compared to the same time period of 2012, to USD 10.4 million (EUR 7.7 million).
Cargill plans to invest £35 million to improve efficiencies, upgrade technologies and create a state of its poultry processing facility in Hereford over the next 24 -36 months.
Indian shrimp firms are getting prices 50 higher than last year for their products in China, according to a leading official at the country’s fisheries representative body.
Verlasso announced partnerships with three retailers: Andronico’s Community Markets in San Francisco, Nugget Markets in Sacramento and online retailer Peapod, based in Chicago.
Cargill Inc will begin labeling its branded, U.S.-made, fresh, ground beef products containing Finely Textured Beef, prior to the 2014 grilling season, with the declaration “Contains Finely Textured Beef.”
Canadian salmon farmer Skuna Bay has announced two new distribution partnerships that will bring its farmed salmon to six new U.S. states, according to the company.
Total supplies of red meat in freezers declined 4 percent compared to 2012, while supplies of frozen poultry climbed 2 percent from a year ago, according to the US Department of Agriculture's National Agricultural Statistics Service.
