Undercurrent News

Norway’s DNB tipped to lead lending syndicate that will fund Cooke’s Tassal deal

Mon, 03 Oct 2022 16:41:09 +0000


Norway's DNB Bank appears to be the frontrunner in organizing the lending syndicate that will finance Canadian seafood giant Cooke's buyout of Australia's Tassal Group

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McDonald’s sourcing exec to talk Filet-O-Fish at GAPP’s annual meeting

Mon, 03 Oct 2022 16:04:43 +0000


Jason Cervone will relate 'the latest happenings within the fast-food giant and what's next for the industry', GAPP said in a release

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Peruvian official decries Chinese opposition to more observers for giant squid fleet

Mon, 03 Oct 2022 16:02:00 +0000


'Tenacious' opposition from the Chinese delegation to the SPRFMO reportedly stymied a proposal to increase at-sea observer coverage for the giant squid fleet

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Nordic Aquafarms overcomes challenge to California RAS farm permits

Mon, 03 Oct 2022 15:13:38 +0000


As a condition of its permit approval, Nordic Aquafarms has agreed to include, in its annual reports, detailed information regarding the fish feed used and carbon-related efforts

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Leroy the latest to cancel license purchases, halts $38.5m investment plans

Mon, 03 Oct 2022 15:09:41 +0000


'Increasing the tax rate from 22% to 62% creates unreasonable framework conditions for the industry in Norway, changing the scope and incentives for investments in areas other than maintenance capex'

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Sushi Maki chain promoting ASC with special dish this month

Mon, 03 Oct 2022 15:04:28 +0000


ASC representatives are visiting cities across the US to promote the group's activities

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Suram Trading hires former Walmart, GSA exec

Mon, 03 Oct 2022 15:01:42 +0000


'Suram's ability to win on so many key metrics that buyers look for was really attractive to me' -- Chris Kerr

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Watch: Increasing Ecuador-Thai shrimp trade can benefit both countries, Luna believes

Mon, 03 Oct 2022 14:58:36 +0000


Regarding Ecuador's shrimp trade with Thailand, Gabriel Luna, owner of GLuna shrimp, addressed the importance of exchanges for both parties

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Commitment to seafood undeterred, NFI’s Connelly confronts cancer with humor, humility

Mon, 03 Oct 2022 14:47:44 +0000


'I've been here 20 years, and I don't need a second set of hands to tell you the number of times I've woken up in the morning and said, 'You know, I really just don't want to go to work today' -- John Connelly, NFI

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Cermaq puts Norway salmon farming investments on hold

Mon, 03 Oct 2022 12:32:49 +0000


Cermaq is the latest salmon farmer to put Norwegian investments on hold, awaiting more clarity on the government's plan to apply an additional 40% resource rent tax

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