Saving Seafood

  • Home
  • News
    • Alerts
    • Conservation & Environment
    • Council Actions
    • Economic Impact
    • Enforcement
    • International & Trade
    • Law
    • Management & Regulation
    • Regulations
    • Nutrition
    • Opinion
    • Other News
    • Safety
    • Science
    • State and Local
  • News by Region
    • New England
    • Mid-Atlantic
    • South Atlantic
    • Gulf of Mexico
    • Pacific
    • North Pacific
    • Western Pacific
  • About
    • Contact Us
    • Fishing Terms Glossary

High Liner struggles in Q1 as pandemic seafood-buying surge wanes

May 18, 2021 — Lunenburg, Nova Scotia, Canada-based High Liner Foods reported weaker sales and profits in the first quarter of 2021, while acknowledging “global supply challenges.”

The value-added seafood company recorded USD 243.4 million (EUR 199 million) in sales in Q1 2021, down USD 25.2 million (EUR 20.6 million) from Q1 2020. By volume, the company’s sales decreased by 7.5 million pounds to 69.8 million pounds. Its gross profit shrunk by USD 1.1 million (EUR 900,000) to USD 57.7 million (EUR 47.2 million) and its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) declined by USD 2.9 million (EUR 2.4 million) to USD 27.8 million (EUR 22.7 million).

Read the full story at Seafood Source

High Liner Foods suspends Portsmouth plant operations due to COVID-19 cases

April 21, 2020 — High Liner Foods Inc. has announced the temporary suspension of all operations at its Portsmouth, New Hampshire, U.S.A., processing facility due to confirmed positive cases of COVID-19.

The company announced the move on 20 April, as High Liner works to protect its employees at plants in both the U.S. and Canada.

Read the full story at Seafood Source

Recent Headlines

  • Bottom-trawl gear to blame for most of this year’s fishery-related killer whale deaths, NOAA says
  • Biden-Harris Administration makes $106 million available for Pacific Coastal Salmon Recovery Fund as part of Investing in America Agenda
  • Seafood Companies, Governments, and NGOs Support ‘Seabird-Safe’ Fishing Toolkit
  • Study points to concurrent marine heat waves as culprit in Western Alaska chum declines
  • Channel Fish, Trident split USD 1.75 million pollock award
  • Rabobank: Farmed fish, shrimp production to bounce back in 2024
  • SENATORS MARKEY, SULLIVAN INTRODUCE BIPARTISAN LEGISLATION TO PROTECT PHYSICAL AND BEHAVIORAL HEALTH IN COMMERCIAL FISHING INDUSTRY
  • Where Will the Whales Be? Ask the Climate Model.

Most Popular Topics

Alaska Aquaculture ASMFC Atlantic States Marine Fisheries Commission BOEM California China Climate change Coronavirus COVID-19 Donald Trump groundfish Gulf of Maine Gulf of Mexico Illegal fishing IUU fishing Lobster Maine Massachusetts Mid-Atlantic National Marine Fisheries Service National Oceanic and Atmospheric Administration NEFMC New Bedford New England New England Fishery Management Council New Jersey New York NMFS NOAA NOAA Fisheries North Atlantic right whales North Carolina North Pacific offshore energy Offshore wind Pacific right whales Salmon Scallops South Atlantic Western Pacific Whales wind energy Wind Farms

Daily Updates & Alerts

Enter your email address to receive daily updates and alerts:
  • This field is for validation purposes and should be left unchanged.
Tweets by @savingseafood

Copyright © 2023 Saving Seafood · WordPress Web Design by Jessee Productions