India-based seafood group Captain Fresh has put its IPO application on hold as it seeks to speed up the closure of an acquisition. The company did not name the business it is buying but media reports suggest it is Spanish tuna company Frime. Captain Fresh agreed to acquire Frime in December for an undisclosed sum. In a statement to Just Food, Captain Fresh said: “We have voluntarily withdrawn our Pre Draft Red Herring Prospectus (PDRHP) filed with SEBI to facilitate the expedited closure of a contempla ...

Core Viewpoint - A significant theft of a $400,000 shipment of lobster intended for Costco has raised concerns about the increasing trend of freight thefts involving impersonation of legitimate carriers [1][2]. Group 1: Incident Details - The stolen shipment of lobsters was valued at $400,000 (£295,000) and was being transported by Rexing Companies to Costco stores in Illinois and Minnesota [1]. - The lobsters were picked up in Taunton, Massachusetts, but never reached their destination [1]. Group 2: Company Impact - The president of Rexing Companies, Dylan Rexing, stated that the theft was not random and is part of a growing pattern where criminals impersonate legitimate carriers [2]. - The loss from this theft is described as "significant" for Rexing Companies, which is based in Indiana [2]. Group 3: Industry Implications - The theft is expected to drive up costs across the supply chain, which will ultimately affect consumers [3]. - The FBI is currently investigating the incident, highlighting the seriousness of the issue [3]. - Rexing emphasized the need for federal agencies to have modern enforcement tools to combat organized criminal networks effectively [3][4]. - Without improved enforcement, such thefts are likely to continue disrupting businesses and impacting everyday prices [4].

This Boston Hotel Lets You Catch Your Own Lobster For Dinner https://t.co/SdcIrbdidz https://t.co/E09Z54caoX ...

Hotel & Dining - A Boston hotel offers guests the unique experience of catching their own lobster for dinner [1]

Hospitality Industry Trend - A Boston hotel offers guests the unique experience of catching their own lobster for dinner [1]

Hotel Industry Trend - Boston hotel offers a unique dining experience by allowing guests to catch their own lobster for dinner [1]

Industry Trend - The lobster industry faces an uncertain future, potentially approaching its peak [1] Market Focus - The industry's reach extends from Maine coasts to Chinese banquet halls [1] Product Analysis - "The Lobster Trap" traces the future of lobster as a luxury food [1]

Group 1 - In July, the prices of various seafood products in Qingdao have decreased, with stable prices for most farmed fish [1][5][6] - Retail prices for specific fish include: 65 CNY per jin for tongue fish, 35 CNY for blackhead fish, 120 CNY for East Star grouper, 45 CNY for tiger grouper, 40 CNY for eel, and 22 CNY for turbot [1][5] - The trading volume of live seafood in the Qingdao Chengyang wholesale market has increased compared to the same period last year, with a total trading volume of 29,965 tons in July [6][7] Group 2 - The price of premium seafood has also declined, with small lobsters selling for around 100 CNY each, down from previous highs [3][6] - The market manager noted that the decrease in seafood prices has led to an increase in trading volume, indicating a positive market response [6][7] - Qingdao's active regulation and promotion of sustainable aquaculture practices have contributed to the stability of seafood prices during the closed fishing season [7][8]

Climate Change Impact on Food Systems - Climate change is reshaping food systems [1] - Warming waters in Maine are causing lobsters to migrate [1] - Hurricanes in the Southeast impacted 60-70% of the pecan crop in Georgia [1]