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Tag Archives: SEAFOOD

Kerry seafood company plans to create 120 jobs

LONDON: A family-owned business in Kerry which is to create 120 jobs in a series of seafood bars across the country has been praised for its entrepreneurial spirit by Minister for Agriculture, Food and the Marine Simon Coveney today. Quinlan’s Seafood already employs 74 staff at its fish processing plant in Renard, retail outlets in Cahersiveen and Killorglin and seafood ... Read More »

Norwegian seafood exports soar despite Russian import ban

OSLO: Norwegian seafood exports are running at a record high this year, boosted by a weak krone, as the industry shrugs off a Russian import ban by turning to Poland and western European markets. By the end of July, the export value of Norwegian seafood was at an all-time-high of 39.7 billion kroner ($4.81 billion), a 6% increase on the ... Read More »

Norway Seafoods reports profit in Q1 with fresh cod prices up 30% YoY

OSLO: Norway Seafoods reported a profit in Q1, with fresh cod prices up 30% year-on-year. The company’s Q1 earnings before interest and taxes (ebit) of NOK 14 million compares to a loss of NOK 3m in the same quarter of 2014, the start of a year of lossmaking quarters (see financials below). Revenue in the first quarter came to NOK ... Read More »

Indian seafood exports to EU likely to rise from $227m in 2000-01 to $1.06b in 2014-15

NEW YORK: Indian seafood exports to the European Union (EU) have been steadily growing from $227 million in 2000-01 to $805 million in 2011-12 and is expected to reach $1.06 billion in 2014-15 , according to Leena Nair, chairperson of Marine Products Export Development Authority of India (MPEDA) Speaking at a luncheon event organised by the MPEDA on the sidelines ... Read More »

Denmark’s Uhrenholt Seafood struggles to achieve revenue target in 2015

COPENHAGEN: The financial results of Uhrenholt Seafood’s group are not out yet, the outlook for 2015 “is positive” as its Q1 results are ahead of budget, Thellmann said. For its part, Uhrenholt Seafood AS, the only group’s unit that has published results, narrowed its losses to DKK 7.9 million in 2014, versus losses of DKK 16.9m in 2013. Owner F. ... Read More »

USD 23,500 grants available for individuals: Australia plans to increase seafood exports

CANBERRA: Australia government plans to increase seafood exports. Across Australia and internationally, restaurants and seafood retailers are increasingly looking for the reassurance of a tick of approval from independent, industry-standard certification. Australian economy was accounting for AUD 4.8 billion of the record AUD 17.1 billion revenue in 2013–14,” Bignell said. Goverment of Australia aims to help businesses gain industry-standard third-party ... Read More »

French Creek Seafood donates 4,000 cans of salmon to local food bank

PARIS: French Creek Seafood donated 4,000 cans of West Coast salmon to the local food bank. “It means a lot,” Salvation Army Major Norman Hamelin told from Salvation Army’s French Creek location. Hamelin said the months following Christmas are often the most difficult for food banks. The timing (for this donation) is excellent,” he said, noting the Salvation Army food ... Read More »

Norway seafood exports touch NOK 5.4m in Jan 2014, shows 8% decrease against Jan 2013

OSLO: Norway exported seafood worth NOK 5.4 billion ($72 million) in January, a decrease of NOK 457m, or 8% compared to January 2014. In spite of the decrease, the Norwegian Seafood Council (NSC) defined Norwegian export levels in January as “well above normal for this month”. This month’s decline is linked to the comparison with record figures at the start ... Read More »

Norway seafood exports touch NOK 5.4m in Jan 2014, shows 8% decrease against Jan 2013

OSLO: Norway exported seafood worth NOK 5.4 billion ($72 million) in January, a decrease of NOK 457m, or 8% compared to January 2014. In spite of the decrease, the Norwegian Seafood Council (NSC) defined Norwegian export levels in January as “well above normal for this month”. This month’s decline is linked to the comparison with record figures at the start ... Read More »

Norwegian seafood exports touch record high of NOK7.6b

OSLO: Norwegian seafood exports totalled NOK 7.6 billion, an increase of NOK 393 million, or 5 per cent, compared with October 2013. This is a monthly all time high for Norwegian seafood. So far this year, the combined export value of Norwegian seafood stands at NOK 56 billion, an increase of NOK 7 billion, or 14 per cent, compared with ... Read More »

Norway exports 84% more seafood to Korea to touch 46,000 tonnes YOY

OSLO:  Norway exported 84% more seafood to Korea than the year before, bringing the total to 46,000 tons, The Norwegian Seafood Council announced on Monday. Mackerel was the largest driver, being 77% of total exports and increasing the total number to NOK 1 billion ($129.5 million), reports Korea Bizwire. In addition, Norwegian seafood products had a “remarkable” performance in Korea’s ... Read More »

Denmark seafood exports forecast to top $8b mark in 2015

COPENHAGEN: Denmark Seafood exports in 2015 are expected to increase slightly from last year to top US$8 billion, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).The country earned $7.9 billion from seafood last year, a year-on-year increase of 18 per cent, with shrimp exports rising by nearly 28 per cent. Speaking at a meeting in HCM ... Read More »