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    Thai Union now owns 50% of Aegir Seafood

    Thai Union has announced that it has converted its loan-based strategic investment in Aegir Seafood into a 50% shareholding. The aim is to strengthen...

    “The tax will hit harder and wider than what was intended,” Norwegian report suggests

    The challenges of the salmon tax report outline that the Norwegian government’s proposal "will hit harder and wider than what was intended". Furthermore, it...

    Positive Thai Union Q3 results due to its continued business diversification

    Thai Union Group PCL reported record sales and net profit during the third quarter, driven by strong core businesses, favorable foreign exchange, and continued growth in PetCare and value-added operations. Revenue during the July-September period reached THB 40.7 billion. A 14.7% increase from a year earlier, while net profit for the period was up 30.7% year-on-year to THB 2.5 billion. On the other hand, for the first nine months of 2022, the company recorded sales of THB 116.0 billion, a 13.1% increase year-over-year, while the gross profit was up 8.7% to THB 20.3 billion. The gross profit margin was at 17.5 percent despite an increase in key material prices. While inflationary pressures during the quarter continued across all markets where Thai Union operates, the company was able to limit the impact through price negotiations with customers,...

    King Oscar celebrates its 120th anniversary

    King Oscar, will celebrate its 120th anniversary on Tuesday, November 29th, 2022. The Norwegian seafood producer, currently the top purveyor...

    Young’s Seafood launches its biggest brand refresh

    The company started selling whitebait on the banks of the River Thames in 1805 UK fish and seafood company, Young’s...

    Chinese retailer Qdama commits to sourcing BPA seafood to help provide assurances to consumers

    Chinese retailer Qdama has committed to sourcing seafood from Best Aquaculture Practices (BAP) certified producers to help provide assurances...
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    Thai Union donates products to support its workers affected by COVID-19

    10,000 cans of SEALECT Thai Union recently donated 10,000 cans of SEALECT products to Thailand’s Ministry of Labour, which will...

    Shiok Meats and Minh Phu Seafood partner to produce and market cultivated shrimp products

    Shiok Meats Pte. Ltd. (Shiok Meats) and Minh Phu Seafood Joint Stock Company (Minh Phu Seafood) have signed an...

    Singapore Airlines serves “wellness meals” from New York fish farm

    Hudson Valley Fisheries is located 130 miles from New York City Singapore Airlines has decided to serve specially-raised fish from...

    US Chefs, environmental NGOs and business leaders join forces to promote sustainable aquaculture

    Through the Coalition for Sustainable Aquaculture (CSA) The Coalition for Sustainable Aquaculture (CSA), formed by a group of top chefs,...
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