Fish industry news
Reference is made to the release from Copeinca to the Oslo Stock Exchange on 24. June 2013.
The offer of NOK 6.2 billion implies an enterprise value of 10 times the market consensus EBIT for EWOS in 2013.
All four of HB Grandi’s freezer trawlers, after starting fishing on the 10th of May, managed to finish their redfish quotas before the Seamen’s Day weekend. This year’s quota was small at 2600 tonnes, or 650 tonnes per trawler
Cermaq today announced that the discussions between Cermaq and Marine Harvest on a potential recommended offer by Marine Harvest for Cermaq have been terminated
Cermaq's subsidiary Norgrain AS, where Cermaq holds 72.5 percent of the shares, has declared its option so sell its shareholding of 49 percent of the shares in Denofa AS to Amaggi. The Brazilian company Amaggi will thereafter own all shares in Denofa
AKVA group achieved revenues of 222.1 MNOK (243.7 MNOK) in the first quarter of 2013 with an EBITDA of 10.4 MNOK (39.7 MNOK)
Reference is made to the announcement of 30 April regarding our intention to launch a voluntary offer for the shares in Cermaq ASA. As Marine Harvest has made clear, the condition for launching such offer is that the Annual General Meeting of Cermaq turns down the proposals relating to the Copeinca transaction
During a recent meeting at ESE, Brussels, with Russian and Norwegian operators of Russian fresh salmon and trout market Yevgeny Nepoklonov, Deputy Head of the Rosselkhoznadzor, replaced threat of blanket ban with proposed 100% testing of all fresh fish shipments from Norway as a temporatry forced measure due to deficiencies of Norwegian food safety system
Food Safety Authority last week. The letter says among other things that "during the monitoring of residues of banned and harmful substances live larvae of nematode Anisakis simplex were detected in the consignment of chilled cod liver imported from Norway to Russia
HB Grandi signed a contract with Valka at the Brussels European Seafood Exposition for an X-ray guided cutting machine for its cod fillet production line. This is the first machine of its kind anywhere, and was unveiled publicly for the first time at the exhibition
“ The 21st edition of the European Seafood Exposition and the 15th edition of Seafood Processing Europe are opening their doors 23-25 April 2013 at the BRUSSELS EXPO in Brussels, Belgium.
All three of HB Grandi’s pelagic vessels called at Vopnafjördur this weekend after their first trip deep south of the Faroes. Faxi RE landed late on Friday night, docking with 1500 tonnes of blue whiting on board,while Lundey NS followed on Sunday with 1600 tonnes and finally Ingunn AK arrived late on Sunday night with 2000 tonnes in its tanks. This totals 5000 tonnes of blue whiting landed at Vopnafjördur this last weekend
Marine Harvest ASA has published update of salmon harvest volumes after the end of first quarter 2013
Three of HB Grandi’s pelagic vessels, Ingunn AK, Lundey NS and Faxi RE are now searching for blue whiting on fishing grounds south of the Faroe Islands. Ingunn and Lundey have already been there for two days, while Faxi has just arrived on the fishing grounds. So far they have not been successful finding any blue whiting
In March 2013 there were a number of important developments in EU Common fisheries policy
Mainstream Chile has sold the processing plant in Calbuco, Chile to Australis Seafoods for USD 11.7 million
There were a number of important developments in CFP in February
Morpol's consolidated operating revenue in Q4 2012 amounted to EUR 163.1 million, which was higher by EUR 12.8 million in comparison to operating revenue generated in the same period last year. Operating EBIT for the quarter amounted to EUR 6.2 million (3.8 percent margin), which was EUR 7.3 million lower versus the same period last year
(Oslo, 19 February 2013) Aker Seafoods achieved an operating result (EBIT) of NOK 31 million in the quarter, an increase of NOK 2 million compared to the fourth quarter in 2011