Processing
Scottish fleet faces big quota cuts
BIG reductions in the size of the North Sea and west of Scotland cod and haddock quotas for next year are being advised by ICES, the International Council for the Exploration of the Seas. If they are adopted, even in a reduced or modified form, they will have a major impact on the future performance…
Read MoreBarents Sea facing big cod and haddock cuts
COD and haddock, the two most popular white fish choices in the UK, look set to become more expensive next year following calls for big cuts in the Barents Sea quotas. ICES, the International Council for the Exploration of the Sea, is recommending a 13 per cent reduction in the cod take and a 25 per…
Read MoreHB Grandi’s Q1 profits dip
HB GRANDI, the big Icelandic fishing and fish processing company, which is currently the subject of a takeover bid, has reported a first quarter profit of 3.3 million euros (400 million Icelandic kroners). This is down by 400,000 euros on the same period in 2017. Its shareholders are considering a takeover offer from rival fishing…
Read MoreFrance now main buyer of Icelandic cod
FRANCE has overtaken Britain as the largest buyer of Icelandic cod for the first time. Last year, Iceland exported cod worth 17 billion kroners (£122 million) to France compared with sales worth 16 billion kroners (£115 million) to the UK. Until 2017, UK buyers were the main recipients because cod remains the most popular white…
Read MoreBrexit bonanza for fishermen: SNP report
BREXIT could bring 5,000 jobs to the Scottish fishing industry and generate £540 million, according to a report by government agency Marine Scotland published yesterday. The UK leaving the Common Fisheries Policy and regaining control of the entire quota in its waters would lead to a 21 per cent increase in the seafood sector’s output.…
Read MorePinneys closure 'devastating' – Mundell
SCOTTISH Secretary David Mundell has described Young’s Seafoods decision to go ahead with the closure of its Pinneys factory in Annan as “devastating”. The decision has been met with a chorus of criticism from a number of local and leading politicians. Young’s said last night it had explored in detail all possible alternatives, but had…
Read MoreLondon to stage major seafood festival
LONDON\’S Battersea Power Station is to stage its first ever seafood festival next month after undergoing a major regeneration. And it will be one of the longest events of its kind in the UK, stretching over five days from Wednesday June 20 to Sunday June 24. Simply called the London Seafood Festival, it has attracted a…
Read MoreNew Shetland fish company aiming high
SHETLAND Fish, which opened its doors on May 14 as the Islands’ latest seafood supplier, is aiming high on the European market. Run by Gideon Ward and Hansen Black, who both have several decades’ experience in the fishing and wider seafood industry, Shetland Fish is offering a full-service package for companies wishing to source fish…
Read MoreMarel joins Iceland Ocean Cluster
THE international seafood and food processing equipment company Marel has joined forces with the Iceland Ocean Cluster in a bid to build a stronger network, create new business opportunities and promote innovation. The Ocean Cluster concept, established a few years ago, is based on the idea of bringing people together from different parts of the…
Read More‘Excellent’ chance of UK- Iceland free trade deal
A FREE trade deal between Britain and Iceland after Brexit was now a real possibility, Stefán Haukur Jóhannesson, Iceland’s ambassador to the UK, said in Grimsby yesterday. He was on a two-day fact finding and contact building mission to the South Humber port complex, during which he met industry leaders over dinner, and toured the…
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