With approximately 120,000 mts (metric tonnes) of fish and seafood handled yearly, the Ocean Trawlers Group is the biggest supplier of cod from the Barents Sea, a leading distributor of cod and haddock in North America, and the largest processor of cod in China.
Ocean Trawlers Holding Limited, incorporated in Hong Kong, is the flagship holding company of the Group, which organizes its fish and seafood business in an integrated manner along the supply chain model:
Cod captures register strong decline off New England United States
Since a while ago, the United States has been forced to import cod from Norway, Russia or Iceland in the north Atlantic due to the decline of the fishery in New England, where the federal government has reduced capture quotas.
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.