Foodvest acquired by private equity group

LION Capital has announced the acquisition of the Foodvest Group – parent company of Findus and Young’s Seafood – from funds advised by Capvest Limited.

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Whole Foods Market unveils new farmed fish standards

WHOLE Foods Market has announced the implementation of enhanced standards for all farmed seafood sold at the company’s 270 organic foods supermarkets in the USA, Canada and UK.

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FDA may relax Chinese scrutiny

USA may loosen restrictions imposed last year on Chinese seafood processors following a series of recent inspections, says a senior Food and Drug Administration (FDA) official.

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Brussels finds aid for fishermen

EUROPEAN Union (EU) nations have agreed an emergency aid package for the European fishing industry to cope with the current fuel price crisis.

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MSC alters sustainability assessment methodology

AFTER two years of scientific collaboration and consultation, the Marine Stewardship Council (MSC) has launched its new fishery assessment methodology.

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Europe makes bluefin breeding breakthrough

EUROPEAN research consortium Allotuna has announced productive spawning of captive Atlantic bluefin tuna (Thunnus thynnus) using the same strategy successfully used by Australia-based Clean Seas Tuna for southern bluefin tuna (Thunnus maccoyii) earlier this year.

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Show of support from Seafish

UK SEAFOOD authority Seafish has awarded £75,000 ($150,000) from their International Trade Support Fund (ITSF) to ten UK bodies to support the importing and exporting of seafood.

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USA issues final shrimp rulings

THE second administrative review of antidumping duties on shrimp exports from India to the US has in its final report slashed the duty to 1.69%.

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Dutch make historic commitment to MSC

NETHERLANDS government has made history by committing most of its fisheries to Marine Stewardship Council (MSC) certification, the first time a government has done so.

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Australis expects sales hike

BARRAMUNDI producer Australis Aquaculture believes it will substantially increase its revenue in the 2009 financial year as it continues to enjoy strong sales growth.

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