Daily recap: Peter Pan creditor appeals Alaska plant sale; CapVest eyes US smoker

Here's a recap of the top daily seafood stories from Friday, Oct. 4:

• Peter Pan creditor appeals judge's sale of Alaska salmon plant to Rodger May .

An investor in the US state of California, who loaned Peter Pan Seafood Co., LLC $10 million last year in return for a lien on one of the company's Alaska salmon processing plants, is challenging the receivership auction sale in court.

• UK's CapVest in talks to buy US salmon smoker

UK-based private equity CapVest Partners is in talks to acquire Honey Smoked Fish Holdings, LLC Company, a US salmon processor based in Colorado, sources told Undercurrent News. 

• Report increases pressure on Canadian fisheries department to tackle illegal fishing of lobster, elvers

Canada's Department of Fisheries and Oceans should take action to increase enforcement of the Fisheries Act to deter the illegal poaching of species like lobster, elvers, tuna and salmon, to protect these aquatic populations and the people who legally harvest them.

• China's largest shrimp import service provider bullish on long-term growth

China's largest facilitator of shrimp imports is optimistic about long-term seafood consumption growth, despite recent market volatility and changing consumer preferences.

• Alaskan pollock surimi prices for Japan see $0.40/kg hike on yen volatility, lower output

Alaskan pollock producers and Japanese buyers have mostly finalized an agreement on surimi prices for the 2024 B season, with the level increasing by JPY 60 per kilogram ($0.40/kg) across all grades compared to the previous season, multiple sources told Undercurrent.

• Sofina restructures internally at Greenland Seafood after Barinet's July exit

Sofina Foods Canada has parted ways with long-time Greenland Seafood top executive Patrick Barinet , with two experienced sales executives at the firm's French and German fish finger operations filling the gap, sources told Undercurrent.

• Ecuador shrimp farmer Limbomar starts production at new $40m plant

Limbomar, an Ecuadorian company that is a part of Grupo Almar Ecuador , has started operations at its new shrimp processing plant.

• Norway H&G saithe prices set high, cod soars despite supply bump

Norwegian auction prices for headed and gutted frozen saithe have seen a sharp hike over the last two weeks of September, while values have risen yet again for frozen cod and haddock, according to the latest data from Norway's Norges Rafisklag auction for week 39 (Sept. 23-29).