SeafoodSource
SeafoodSource is the leading international online business tool offering seafood industry professionals an interactive package of resources including industry news, editorial commentary, market reports, product reviews, classifieds, and a comprehensiv
Red Lobster names new CEO, will close 23 more restaurants
Aug 26, 2024 — Orlando, Florida, U.S.A.-based Red Lobster, which filed for Chapter 11 bankruptcy protection in May, is rejecting the leases of 23 additional locations by 31 August, CNN reported. The company will have around 544 locations left across the U.S. and Canada after the bankruptcy proceedings, its new owner, Fortress Investment Group, said.
Proximar harvests first salmon from its Japan-based recirculating ...
Oct 4, 2024 — Proximar Seafood has harvested Atlantic salmon from its recirculating aquaculture system (RAS) facility in Japan. The company’s facility in Shizuoka Prefecture, Japan, has been operational since October 2022 and has been steadily raising batches of salmon ever since. The company experienced a tank breach in February 2024 that killed 50,000 salmon but, since that time, has taken steps to ...
US state of Washington reaches settlement in Mitchell Act …
Oct 10, 2024 — In return, the WDFW will make more information about its Mitchell Act hatchery programs available. The department has also agreed to pay the legal fees of the two organizations that brought the suit. “WDFW is pleased to resolve this litigation,” WDFW Director Kelly Susewind said. “This agreement allows us to focus on conserving and ...
Raptis Premium Seafood searches for a strategic investment
Oct 14, 2024 — Raptis Premium Seafood, Australia’s largest privately owned fishing company, has hired corporate advisory firm Kidder Williams to help in its search for either a majority or minority external investor. If Raptis is successful, it would be the third major Australian seafood brand to be acquired by overseas investors in the last three years ...
Conagra to ask judge to dismiss short-weighting fish class-action …
Jul 31, 2024 — Chicago, Illinois, U.S.A.-headquartered food supplier Conagra will soon ask a U.S. judge to dismiss a class-action complaint alleging it artificially adds weight to its Van de Kamp and Mrs. Paul ’ s frozen fish products via overglazing.. The complaint, filed in the U.S. District Court for the Northern District of Illinois in Chicago on 11 June, alleges Conagra “ pumps up” its fish with ...
Acme unveils new manufacturing plant, products, packaging
Jan 18, 2024 — Brooklyn, New York, U.S.A.-based smoked salmon supplier Acme Smoked Fish is opening a facility in the U.S. state of Florida, which it originally bought in 2022, to effectively address increased demand across the Southeast U.S. – and is also unveiling new products, packaging, and an innovative climate initiative to start out 2024.. The 43,000-square-foot manufacturing facility in Pompano ...
Kuzuoğlu Group, Turkey’s largest steelhead producer, using size to …
May 8, 2024 — Supply & Trade. Kuzuoğlu Group is Turkey’s biggest steelhead trout producer, accounting for 12,000 metric tons (MT) of whole round steelhead in 2023, up from 10,166 MT in 2022. The Fındıklı, Rize, Turkey-headquartered firm, which recently celebrated its 24th anniversary in business, just started exporting its fish in 2016.
Climate change heavily affecting fish stocks in Japan, resulting in ...
Sep 18, 2024 — Japanese catch totals of important seafood species have fallen dramatically, and climate change is the suspected cause, according to new reports, with catches of Japanese flying squid and Pacific saury suffering in recent years compared to historical averages.. The Tokyo-based National Pacific Saury Stick Net Fishery Cooperative released countrywide catch data on saury through the end of 2023 ...
Rodger May wins auction for most of Peter Pan Seafoods assets …
Sep 23, 2024 — Rodger May was the highest bidder at an auction of most of Peter Pan Seafoods’ assets, beating out rival Silver Bay Seafoods. May, who acquired 50 percent of Peter Pan Seafoods in 2021, agreed to pay more than USD 37.32 million (EUR 33.38 million) for three processing facilities and groundfish quota, among other assets.That beat Silver Bay’s bid of USD 37.07 million (EUR 33.17 million) and ...