Core Insights - Lerøy Seafood Group ASA (LSG) reported solid operational results across all segments in Q2 2025, achieving an operational EBIT of NOK 680 million, demonstrating the robustness of its fully integrated value chain in the seafood industry [1][8]. Farming Segment - The Farming segment recorded an operational EBIT of NOK 256 million in Q2 2025, with strong biological performance reflected in high survival rates, superior quality share, and increased average harvest weight, while costs per kg are declining [2][3]. - Despite strong biological performance, low prices for salmon and trout due to increased supply growth impacted results, although contracts provided some earnings stability [4][3]. VAP S&D Segment - The VAP S&D segment achieved an operational EBIT of NOK 351 million in Q2 2025, marking the tenth consecutive quarter of growth in 12-month rolling operational EBIT [5]. - The segment's positive development is driven by improved capacity utilization and strengthened relationships with key customers, moving closer to the target of NOK 1,250 million in operational EBIT for 2025 [6]. Wild Catch Segment - The Wild Catch segment delivered an operational result of NOK 148 million in Q2 2025, with historically high prices for cod, although there are prospects for further reductions in cod quotas in 2026, posing challenges for whitefish factories [7]. - The segment's performance is expected to face challenges ahead due to reliance on volumes for profitability [7]. Strategic Outlook - The company is optimistic about future development, entering a new strategy period with new targets to be set, while maintaining a strong position with strategic customers amid strong global demand for seafood [8].

Group 1 - Lerøy Seafood Group ASA will present its Q2 2025 results on 20 August 2025 at Scandic Flesland Airport hotel in Bergen at 08:45 CET during the event "Vestland på Børs" [1] - The presentation will be conducted in Norwegian and will include a Q&A session [1] - The quarterly report and presentation will be published at 06:30 CET on the same day [1] Group 2 - An English recording of the presentation will be available from 13:15 CET on the company's investor website [2] - This information is subject to the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act [2]

Investment & Acquisition - Mitsubishi aims to acquire an additional 13.81% stake in Thai Union [1] - The acquisition cost is $205 million [1] Strategic Collaboration - Mitsubishi intends to deepen collaboration with Thai Union [1]

Core Insights - THORPESCA S.A.S., a new Argentinian subsidiary of Iceland Seafood Ibérica, has signed an offer letter to acquire two freezer fishing vessels for a total price of USD 5.8 million [1] Company Operations - Iceland Seafood Ibérica operates in Argentina through its subsidiary Achernar, which specializes in land-frozen Argentine Red Shrimp and has undergone significant modernization since its acquisition in 2017 [2] - Achernar is one of the few companies certified by the Marine Stewardship Council (MSC) for sustainable sourcing of Rawson shrimp [2] Strategic Importance of the Acquisition - The acquisition of the two vessels aligns with Iceland Seafood Ibérica's long-term strategic goals, focusing on strengthening operations in Argentina and expanding sales capabilities [3] - Ownership of the trawlers allows for direct control over raw material sourcing and enhances vertical integration in the wild shrimp value chain [4] - This move is expected to enhance supply chain resilience and open new avenues for selling higher-value, sea-frozen shrimp [4] Strategic Roadmap - The acquisition is part of Iceland Seafood International's strategic roadmap approved in 2024, which emphasizes targeted investments in Argentina to strengthen the group's regional footprint [5] - This acquisition is a significant step in enhancing Iceland Seafood Ibérica's operational capabilities and competitive position in the global shrimp market [5]

Core Viewpoint - Iceland Seafood Ibérica has signed a purchase agreement to acquire two fishing trawlers, ENTRENA UNO and ENTRENA DOS, for a total price of $5.8 million, which supports its long-term strategy in Argentina and enhances its shrimp supply capabilities [1][3][5] Group 1: Company Strategy - The acquisition of the two trawlers is part of Iceland Seafood Ibérica's strategy to strengthen its operations in Argentina and increase the supply of Argentine shrimp [3][5] - The company aims to leverage its extensive experience in land-frozen wild shrimp and improve access to high-quality, frozen-at-sea shrimp, which has a higher market value [3][4] Group 2: Operational Integration - Ownership of the trawlers provides direct access to raw materials and contributes to vertical integration in the wild shrimp value chain, enhancing the supply chain and supporting existing land processing operations [4][5] - The purchase is aligned with Iceland Seafood International's strategic initiatives approved in 2024, focusing on targeted investments in Argentina to strengthen the group's position and current operations in the region [4]

Group 1 - The successful refinancing of Iceland Seafood International hf. (ISI hf.) has significantly strengthened the company's financial position through debt restructuring, interest rate reduction, and enhanced liquidity [1][2] - The primary refinancing involved the issuance of the ICESEA 28 10 bond with a maturity of 3.5 years, reducing short-term debt by EUR 27.6 million and increasing long-term debt [1][3] - The effective interest rate after refinancing is approximately 5.2%, a substantial decrease from the previous bond's 13% flat interest rate [1][3] Group 2 - The refinancing of foreign bank loans has reduced credit margins by 0.5–1.0 percentage points, simplifying the Group's loan structure and improving operational efficiency [2] - Following the refinancing, ISI hf.'s long-term debt is now approximately EUR 35 million, indicating a better balance between long- and short-term liabilities [3] - CEO Ægir Páll Friðbertsson expressed confidence in the company's solid foundation for continued operations and future growth due to the simplified debt structure and lower interest burden [4]

A Maryland summer wouldn't be complete without blue crabs on the menu. A cornerstone of the state's culture and economy. I think it's just the culture, too. Like all of us sitting at the table, like just it's just family time.It's also a lifeline for thousands of watermen, reeling in tens of millions of dollars for the region annually. But the iconic catch is in trouble. This year's population numbers are the second lowest on record since the survey began in 1990.Very feisty little guy here. The juvenile cr ...

Trade Policy - China partially lifts ban on Japanese seafood imports [1]

Trade Relations - China will partially lift the blanket ban on some seafood products from Japan [1] - The ban was imposed following Tokyo's release of wastewater from a wrecked nuclear power plant in 2023 [1]

Core Insights - Amalgamated Bank successfully closed a C-PACE financing deal under the Massachusetts Program, utilizing Allectrify's FASTPACE Platform [1][5] - The financing will support a 205kW solar PV installation and roofing upgrades at an industrial property owned by Marder Seafood, a leader in sustainably sourced seafood [2][4] - The project is expected to generate over $1.9 million in lifetime energy cost savings [4] Company Overview - Amalgamated Bank invests nearly 40% of its lending portfolio in climate protection solutions, emphasizing its commitment to decarbonization and renewable energy [3][6] - The bank has over $1.2 billion in PACE assets in its investment portfolio, positioning itself as a leader in providing energy-saving financing solutions [6] - Amalgamated Bank operates a mission-driven model, focusing on sustainable companies, clean energy, and nonprofits since its founding in 1923 [7] Industry Context - C-PACE financing provides long-term, competitive funding for energy efficiency and renewable energy improvements in commercial properties [5] - The recent transaction marks the fourth financing closed under the Massachusetts C-PACE Program since its inception in 2020 [5] - Allectrify's FASTPACE platform facilitates efficient C-PACE execution, enabling access to financing for projects of various sizes [8]