The Company harvests and processes a variety of fish species aboard its sophisticated catcher-processor vessels, its freezer-longliner vessels and at its land-based processing facilities, and markets its products to a diverse group of customers in North America, Asia and Europe. In the U.S., American Seafoods is the largest harvester and at-sea processor of pollock and hake and the largest processor of catfish. In addition, American Seafoods harvests and/or processes additional seafood, including cod, scallops and yellowfin sole.
American Seafoods Company was created in 1987 by Kjell Inge Røkke, a Norwegian fisherman who had quit school at 16 to go to sea.In 1998 the American Fisheries Act (AFA) passed, requiring that certain fishing companies, including those engaged in the Alaska pollock and cod fisheries, to be American-owned.This caused American Seafoods Company to scramble for American owners.(In 2008, Røkke was considered to be the seventh richest person in Norway)
Eventually a group of U.S. investors led by Centre Partners Management purchased the company in 2000 for $485 million and created American Seafoods Group as a holding company.
In 2006 Centre Partners sold its nearly 23 percent equity interest in the company to a management group led by Bernt O. Bodal, the company's chairman and chief executive officer, and Coastal Villages for nearly $82 million.
Hoki stock has fully recovered New Zealand
The Ministry for Primary Industries has unveiled the latest thorough scientific assessment of the status of New Zealand’s fisheries with hoki as the “star performer,” having now fully recovered.
Open sea trials will examine seaweed farming's impact on finfish aquaculture Australia
The feasibility of farming seaweed to complement aquaculture and safeguard the environment will be examined during open sea trials to be conducted by the South Australian Research and Development Institute in Spencer Gulf later this year.
Govt decides against joining the EU Iceland
Iceland has decided to end its bid to join the European Union, according to the news announced by the country's foreign minister to the European Commission.
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