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Solid 2009 for Bakkafrost

The Faroese company Bakkafrost topped the billion mark in turnover for 2009, and achieved a result before tax of 222 million (€27.1 million/$37.2 million).

UBS downgrades Austevoll

Investment bank UBS downgraded its rating on Austevoll Seafood from “buy” to “neutral” as shares dramatically outperformed the market over the last year.

Russian law could affect salmon

A new Russian law implements a 90-day price ceiling on a product if price increases by 30 percent in the course of one month.

Salmar CEO predicts record year

The CEO of Norwegian salmon farmer Salmar predicts its 2009 results will show record profits for the company.

 

U.S. reviewing complaint against Norwegian farmed salmon ad

The U.S. is reviewing a complaint about a Norwegian advertisement that allegedly infers the salmon advertised are wild-caught and not farmed. Read also
- Marine Harvest labor dispute to be heard by human rights tribunal

Marine Harvest labor dispute to be heard by human rights tribunal

The British Columbia Human Rights Tribunal says it has jurisdiction over a complaint filed by a female worker at Marine Harvest Canada.

Seafood needs ‘the other Obama’

Seafood can’t find a better public figure to pitch its healthfulness and need for inclusion in a smart and balanced diet than the First Lady.

Dutch firm’s $9 million superfrozen expansion

Culimer B.V. is putting $9 million (€6.5 million) into expanding its superfrozen capacity in Vietnam and Netherlands. Read also
- Culimer debuts crab product
 
 
 

Salmon prices could spike higher

Two leading analysts say salmon prices could reach extreme levels in 2010.

Farmed salmon opponents take fight to Norway's king

Groups opposed to net-pen salmon farming are preparing to make a personal plea to Norway's King Harald when he attends the Winter Olympics in Vancouver, B.C.

Heiploeg shutters Goldfish plant

Dutch shrimp company Heiploeg Group is shutting a plant operated by one of its subsidiaries, Goldfish, in an ongoing effort to increase efficiency.

Multiexport exec: not enough salmon for U.S.

Jason Paine, who manages the U.S. office for Chile's Multiexport Foods in Miami, sees a challenging year for salmon in the U.S. market. Read also
- Mood change in Chile
- U.S. importer: salmon consumption will fall
- Norway salmon has U.S. identity problem
- Challenge of building U.S. salmon market
- Drop expected in U.S. salmon sales
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