Core Points - India's cabinet has approved a spending plan of 450.6 billion rupees ($5.1 billion) to support exporters, which includes 200 billion rupees in credit guarantees for bank loans [1] - The plan allocates 250.6 billion rupees over six years for affordable trade finance aimed at small exporters, logistics, and market support to mitigate the impact of recent U.S. tariff hikes [2] - Labour-intensive sectors such as textiles, jewellery, and seafood have been significantly affected, with margins as low as 3%-5%, leading to job losses in key industrial regions [3] Financial Support Details - The credit guarantee program will run until March 2026, providing collateral-free bank loans to exporters to enhance competitiveness and explore new markets [3] - Credit guarantees will be available for loans up to 500 million rupees [3] Export Market Impact - Nearly 55% of India's exports to the U.S., valued at approximately $48 billion, are at a cost disadvantage compared to competitors from Vietnam, China, and Bangladesh [4] - India's merchandise exports to the U.S. fell nearly 12% year-on-year to $5.43 billion in September, following the implementation of 50% tariffs [5]

Trade Relations - The US has flagged Indonesian footwear exports for radiation [1] Export Concerns - Indonesian shrimp and cloves are already on the US list of flagged exports [1]

RT Chef Andrew Gruel (@ChefGruel)The same problem we’re seeing with flooding the market with foreign beef already happened in seafood.Over 80% of America’s seafood is imported, not because we can’t fish, but because our industry’s been strangled by regulation while other nations dump junk here under shady labels, sketchy labor, and zero oversight.Then we’re told: “We can’t supply Americans with enough U.S. seafood.” That’s nonsense. We have some of the most sustainable fisheries on the planet.We just need t ...

Core Points - Lerøy Seafood Group ASA will present its Q3 2025 results on 12 November 2025 at 08:00 CET in Oslo [1] - The presentation will be conducted in Norwegian and will include a Q&A session [1] - A live broadcast of the presentation will be available for those who wish to submit questions online [1] - The quarterly report and presentation will be published at 06:30 CET on the same day [1] - An English recording of the presentation will be accessible from 12:00 CET on the company's investor website [2] - This information complies with the disclosure requirements of the Norwegian Securities Trading Act [2]

Core Viewpoint - The bid by Mitsubishi Corp. to increase its stake in Thai Union Group to 20% has been unsuccessful due to insufficient shareholder participation during the offer period [1][2]. Group 1: Offer Details - Mitsubishi aimed to acquire an additional 13.81% of Thai Union's shares, increasing its stake from 6.19% to 20% [3]. - The offer required at least 532.2 million shares to be tendered, which represents 11.95% of Thai Union's total issued shares [4]. - The offer was valued at Bt6.65 billion ($205 million) [4]. Group 2: Shareholder Response - The number of shares tendered did not meet the required threshold, leading to the automatic cancellation of the offer [2][5]. - Shareholders who tendered their shares will have them returned according to the procedures outlined in the offer document [4]. Group 3: Current Stake and Future Plans - Mitsubishi's stake in Thai Union remains at 238.7 million shares, which is 5.36% of total issued shares or 6.19% excluding treasury shares [5]. - Thai Union stated that the lapse of the offer will not impact its business plans or operations, and the collaboration between the two companies will continue [5][6]. - Mitsubishi remains committed to exploring growth opportunities and further collaboration through its existing shareholding [6].

Group 1 - Mowi's acquisition of a majority share in Nova Sea is under scrutiny by the European Commission, with the company aiming to increase its stake to 95% [1][2] - The European Commission is inviting comments from interested parties regarding the transaction, which could fall under the Merger Regulation [2] - Mowi plans to acquire Vigner Olaisen's 46% stake in Nova Sea for Nkr7.4 billion ($748 million), with 30% of the payment in Mowi shares and 70% in cash, valuing Nova Sea at Nkr16 billion [3][4] Group 2 - Mowi's business activities encompass the full value chain for Norwegian Farmed Atlantic Salmon, while Nova Sea is focused on farming and primary processing [4] - Mowi intends to extend a voluntary cash offer of Nkr800 million to shareholders owning the remaining 5% of Nova Sea [4] - Nova Sea is projected to harvest 52,000 tonnes of salmon in 2025, and combined with Mowi, they are expected to harvest 157,000 tonnes in northern Norway, contributing to a total of 367,000 tonnes in Norway and 572,000 tonnes globally [6] Group 3 - Mowi anticipates annual synergies of approximately Nkr400 million from the integration, driven by improved capacity utilization and targeted investments to enhance fish health [6] - Mowi CEO Ivan Vindheim highlighted Nova Sea's strong biological performance and industry-leading margins, emphasizing the significance of the acquisition after 30 years of collaboration [5] - Aino Olaisen, the chairman of Nova Sea's board, is proposed to join Mowi's board following the acquisition [5]

Vietnam urges the US to reconsider a ruling that effectively bans certain seafood exports, warning it could disrupt bilateral trade and cost the Southeast Asian nation’s seafood industry $500 million in annual losses https://t.co/fHJtOzyx7c ...

Group 1: Leadership Changes - Royal Greenland has appointed Toke Binzer as the new CEO, effective December 1, following the departure of Susanne Arfelt Rajamand in February [1] - Preben Sunke served as the interim CEO since Arfelt Rajamand's exit [1] - The chairman of the board, Niels Thomsen, expressed optimism about Binzer's leadership and experience [4] Group 2: Financial Performance - In the first half of 2025, Royal Greenland reported a revenue decline of 1.1% to DKr2.61 billion compared to the same period in 2024 [5] - The company achieved an EBIT profit of DKr27 million, recovering from an EBIT loss of DKr11 million in the previous year [5] - The EBIT margin improved to 1%, up from a negative 0.4% in the corresponding period [2] Group 3: Strategic Goals - Royal Greenland aims for an EBIT margin of 5% by 2027 and a pre-tax profit of DKr250 million ($39.3 million) [2] - The company is currently implementing a recovery program known as the 'back to black' turnaround strategy [1]

Core Viewpoint - The company reported strong financial performance in the first half of 2025, with normalized profit before tax doubling year-on-year and significant sales growth across various divisions [1][8]. Financial Performance - Group sales for Q2 2025 reached €114.6 million, a 17% increase compared to Q2 2024 [2]. - Normalized profit before tax for 1H 2025 was €2.3 million, up from €1.1 million in 1H 2024 [8]. - Total sales for 1H 2025 amounted to €233.8 million, reflecting a 10% increase from 1H 2024 [8]. - EBITDA for 1H 2025 was €9.2 million, up from €5 million in 1H 2024 [8]. - Net profit improved to €1.1 million in 1H 2025, compared to a loss of €0.7 million in 1H 2024 [8]. Division Performance - The VA S-Europe division reported sales of €52.9 million in Q2 2025, a 3% increase from Q2 2024, with strong sales of premium products like cod [3]. - The VA N-Europe division achieved sales of €14.3 million in Q2 2025, a 5% rise from the same quarter last year, with pre-tax profit improving to €0.4 million from a loss of €0.1 million [4]. - The S&D division maintained strong sales momentum, particularly from frozen-at-sea products driven by high cod demand [5]. Market Outlook - The normalized profit before tax outlook for 2025 remains between €7.5 million and €9.5 million, with expectations of stable salmon prices and high cod prices [6][9]. - The CEO noted that strong demand for cod and record-high prices were driven by the U.S. ban on Russian fish and quota reductions in key fishing areas [7]. Strategic Initiatives - The company is focused on enhancing the performance of existing business units and optimizing its capital structure [11]. - An important step was taken to strengthen operations in Argentina by signing an offer letter to acquire two vessels, aiming to leverage existing expertise in the region [11]. - The company has begun selling and marketing Icelandic salmon, with plans for expansion as salmon farming grows in Iceland [11].

Core Insights - Blue Star Foods Corp. is focusing on improving revenue growth through strategic partnerships and product initiatives, particularly with KeHE and the relaunch of the Crab Meat Pouch & Meals [2] - The company has successfully reduced operating expenses to align with revenue levels, leading to a decrease in losses [2] Financial Performance - Revenues increased by 85% to $1,172,340 due to higher inventory sales and increased pricing [6] - Gross profit surged by 532% to $252,690 [6] - Operating loss decreased by 44% to $493,875, which includes $138,012 of non-cash expenses [6] - Adjusted EBITDA loss improved to $355,863 [6] - Net loss decreased by 68% to $651,818, including $276,024 of non-cash expenses [6] Company Overview - Blue Star Foods Corp. is an integrated ESG sustainable seafood company specializing in Recirculatory Aquaculture Systems (RAS) [4] - The company processes, packages, and sells high-value seafood products and operates the oldest continuously running RAS full grow-out salmon farm in North America [4]