Indonesian police name a suspect in a contamination case that led to radioactive shrimp being exported as far as the US https://t.co/bBHR5c9otP ...

Japanese seafood giant Maruha Nichiro has swallowed the shares in Netherlands-based Seafood Connection it did not already own. In a statement issued today (3 December), Maruha Nichiro said it would take its shareholding in Seafood Connection from 81.96% to 100% later this month. The financial terms and the seller were not disclosed. Maruha Nichiro, which first invested in Seafood Connection in 2013, said the Dutch business is the group’s “sales base for marine products in the European market”. The compa ...

Company Overview - Maruha Nichiro Corporation is the largest seafood company in Japan, competing primarily with Nippon Suisan Kaisha and Kyokuyo Co., Ltd [1] - The company operates subsidiaries in Japan, New Zealand, Australia, the United States, Europe, Asia, and South America [1] - The market capitalization of Maruha Nichiro Corporation is approximately US$1,204 million [1] Performance Metrics - The company achieved a Profitable Growth rank of 6, an improvement from the previous period's rank of 9 [4] - The Profitability rank is 7, which is an improvement from the prior period's rank of 8, but still below average compared to peers [4] - The Growth rank of 2 represents a significant improvement from the previous period's rank of 8, indicating World Class performance compared to peers [4]

[Música] Este tango fue la canción del verano de 1905 en Valparaíso. ¿Escucharon bien. 1905.teníamos en ese momento un puerto activo, imagínense, barcos en la bahía, hombres y mujeres haciendo negocios, distintos idiomas, distintos sabores. Y en ese puerto, tan como bolita se decía que cuando una compañía de teatro le iba mal en Latinoamérica, bueno, se venían a Valparaíso a hacer el cierre de la gira porque aquí había dinero, era lo mejor de lo mejor en Valparaíso. Buenos restaurantes, buenos hoteles, el h ...

Company Overview - Mowi ASA is one of the world's leading seafood companies and the largest producer of farm-raised Atlantic salmon, with an estimated harvest of 605,000 tonnes in 2026 from seven countries [2][3] - The company is headquartered in Bergen, Norway, employs 12,300 people across 26 countries, and is listed on the Oslo Stock Exchange [3] - Mowi reported a turnover of EUR 5.6 billion in 2024 [3] Sustainability and Market Position - Mowi is recognized as the most sustainable listed animal protein producer globally, according to Coller FAIRR [3] - The company operates under its own MOWI brand, providing high-quality salmon and other seafood to consumers worldwide [3] Financial Activities - Mowi has mandated several banks to arrange a series of fixed income investor meetings, indicating potential future NOK-denominated senior unsecured green bond issues, swapped to EUR, with a minimum tenor of 5 years [1][2] - The issuance of these bonds is subject to market conditions [2]

Trouble in paradise: Condo threat in wealthy Halifax enclave sparks feud among families of seafood empireThe dispute has Michael Risley, the son of one of the founders of Clearwater Seafoods, facing off against his uncle, the company's other founder, and other east coast business elites Photo by Tim Krochak /Chronicle HeraldArticle contentThe Deep South End neighbourhood in Halifax is one of the city’s wealthiest, known for its quiet, leafy streets and grand historic homes, particularly the waterfront quart ...

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Core Viewpoint - The company has demonstrated a significant operational turnaround in the first nine months of 2025 compared to the same period in 2024, with positive financial results and a strong outlook for the future [7][14]. Financial Performance - Total sales for the group in Q3 amounted to 16.4 billion ISK (€113.7 million), reflecting an 11% increase compared to the previous year [2]. - Profit from regular operations before tax reached 590 million ISK (€4.1 million) for the first nine months of 2025, an increase of 230 million ISK (€1.6 million) from the same period in 2024 [14]. - Revenue for the first nine months of 2025 was 50.1 billion ISK (€347.6 million), marking an 11% increase or 4.8 billion ISK (€33.6 million) from the same period in 2024 [14]. - EBITDA for the first nine months of 2025 increased by 55% to 2.0 billion ISK (€14.0 million) from 1.3 billion ISK (€9.0 million) in 2024 [14]. Regional Performance - Revenue from operations in Southern Europe for Q3 was 6.1 billion ISK (€42.6 million), a 10% decrease compared to the same period in 2024 [3]. - Northern Europe operations saw revenues of 2 billion ISK (€14.0 million) in Q3, a 5% increase from the previous year [4]. Market Conditions - The year has been characterized by high demand and prices for cod, influenced by the U.S. ban on Russian fish imports and decreasing quotas in the Barents Sea and Atlantic [8]. - The price of salmon was lower than anticipated, positively impacting operational results in the salmon sector compared to previous years [8]. Future Outlook - The company maintains its earnings forecast for 2025, projecting a profit before tax from regular operations in the range of 1.1 to 1.4 billion ISK (€7.5 million - €9.5 million) [6][14]. - The company plans to continue focusing on improving operations and exploring new opportunities, including recent acquisitions in Argentina to enhance shrimp operations [10][11].

Core Insights - Blue Star Foods Corp. reported a significant increase in revenue and gross margins, achieving a record high gross margin of 92.5% [3][7] - The company has successfully reduced operating losses and improved its financial performance through strategic initiatives and inventory management [3][7] Financial Performance - Revenues increased by 78% to $462,260, driven by higher inventory sales and pricing [7] - Gross profit rose to $427,816, reflecting the record gross margin [7] - Operating loss decreased by 84% to $412,788, which includes $128,273 of non-cash expenses [7] - Adjusted EBITDA loss improved to $284,515 [7] - Net loss decreased by 84% to $480,965, also including $160,850 of non-cash expenses [7] Strategic Initiatives - The company is focusing on right-sizing operations to enhance efficiency and drive revenue growth [3] - New partnerships and product relaunch initiatives are expected to further boost revenue [3]

Core Insights - The company reported a weaker performance across all segments in the third quarter, primarily due to biological challenges in Leroy caused by high sea temperatures and increased sea lice pressure, along with significantly lower salmon spot prices [2] - The pelagic activity also faced margin pressure, particularly in fish and marine oil products, impacting results in both South America and the North Atlantic [2] Financial Performance - Revenue for the third quarter was just over NOK 10 billion, with an EBITDA of NOK 652 million and an EBIT of NOK 73 million [3] - Including 50% of the EBITDA from Pelagia, the total EBITDA amounts to just under NOK 800 million [3] Market Insights - The presentation will provide insights into the different markets the company operates in, although specific details were not disclosed in the provided excerpts [1]