NEWS

See all articles

Last week’s must-reads: CEO salaries; IntraFish Person of the Year; Trump's tariffs; and seafood fraud

Find out what made the seafood headlines during Brussels week.

With the world's biggest and busiest seafood trade fair just having concluded many in the industry are heading or arriving home to catch their breath and begin the cycle of planning to do it all again at next year's extravaganza.

As they do so we’ve compiled a list of the must-read stories from last week which, in case you missed them, during the endless rounds of meetings and events are here to you to enjoy!

One sure fire winner was the 2018 Seafood CEO salary ranking. In general, for 2018, CEOs of seafood companies -- both fishing, and aquaculture -- did well over the year, with their salaries sometimes doubling and tripling with the addition of other income such as share-based compensation, and bonuses.

Last week saw IntraFish name its Person of the Year for 2019. This year the prestigious award has been awarded to someone whose ambition, innovation and persistence is changing the face of the global salmon industry.

Staying on the salmon theme, Australian salmon and trout producer Petuna may be small in the grand scale of seafood production, but its ambitions to double production in an offshore farm site in Tasmania's ominously named Storm Bay mark a bigger future for the company.

While you may have been locked in meeting after meeting in the seafood industry's version of speed dating at Brussels, we take a look at what else was going on around you with our Brussels 2019 recap.

On the other side of the Atlantic Ocean the Southern Shrimp Alliance (SSA) lauded US President Trump's decision to increase tariffs on Chinese shrimp imports to 25 percent, part of the products included in the $200 billion (€178.9 billion) worth of imports subject to the tariffs starting Friday as IntraFish brought you live updates.

As in real life the US President was never far from the headlines and as Rachel Sapin discovered it's seafood importers and consumers, not China, bearing the brunt of Trump's tariffs.

Meantime, with the commercial wild salmon season edging closer eager buyers are proceeding with caution as predictions for the Copper River salmon in the Prince William Sound Fishery are made.

Almost a world away, the fusion of Selonda and Nireus into Andromeda under their Greek seabass and bream merger has become more an "act of survival" as they sell assets to meet antitrust requirements from the European Commission, as Rachel Mutter reports.

In the wider European Union seafood made the headlines for all the wrong reasons topping list of most food fraud reports last year with nine member states directly involved in a high profile tuna fraud case.

But of course on a more upbeat note that was far from all that happened last week, so sign up to our Editor’s Picks newsletter to make sure you stay abreast.

Latest news
Most read