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Markets Analysis
Skjæran, the Norwegian Fisheries Minister, wants sustainable and fish-awareness industry
According to Norwegian Minister of Fisheries and Ocean Policy, Bjørnar Selnes Skjæran, Norway’s seafood industry has been a record export in 2022 but must incorporate technology, new methods, and species to maintain and reach new markets.
Fake label? Conagra and Bumble Bee made into defendants by their consumers
Conagra and Bumble Bee are facing class action lawsuits against consumers over the Marine Stewardship Council (MSC) sustainable labeling on their products. The appeal, which has been filed separately in federal courts in Illinois and California, seeks damages of about $5 million (€4.7 million).
Visscher Seafood acquires salmon exporter NRS, the sales arm of SalMar
The Dutch importer and processor, Visscher Seafood, has a trading activity’s deal with the Norwegian arm of SalMar, Norway Royal Salmon (NRS). Full details are not yet available.
Egypt and Andhara (India) in search of an aquaculture model for the African region
The Arab Republic of Egypt and Andhra Pradesh (an Indian region) want to join forces in many topics such as pharma, drones, and commodities, but to develop aquaculture.
Population data foregone: Canadian fishermen want to reopen Atlantic mackerel market
The Fisheries and Oceans Canada (DFO) closed the fishery as well as the spring herring fishery in 2022, as a matter of fact, the Canadian Coast Guard, Joyce Murray, stated that the management actions put in place to protect the stock were not enough. Now, the Fish Food and Allied Workers Union (FFAW-Unifor) cite higher numbers observed by fishermen than DFO estimates and is urging to reopen the Atlantic mackerel fishery this year.
Norcod satisfied with achievements and focused on changes
Norcod’s Q4 report reveals many achievements and also reveals aspects to keep on improving to achieve their market goals.
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Prices go up but customers do not go down
The trifecta of skyrocketing food, labor, and energy prices are some of the consequences and challenges that are suffering food service operators despite the increase in total annual sales in U.S. restaurants in January.
Austevoll Seafood in South America more expected that achieved
Austevoll Seafood ASA Group (AUSS) had a higher total revenue in Q4 of 2022 compared to the same period...
European companies of AUSS challenging a difficult four quart
Austevoll Seafood ASA Group had a higher total revenue in the fourth quarter of 2022 compared to the same...
A record January for Norwegian seafood exports
Norway exported seafood products worth NOK 12.700 million (€1.156 million, $1.261 million) in the first month of 2023. That...
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