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.
Norway to Fish 386.4 Tons of Bluefin Tuna in 2024 Norway
In fisheries negotiations this week, Norway has approved the plan for Norwegian fishing for bluefin tuna (Thunnus thynnus). Norway will be allowed to fish 386.4 tonnes of bluefin tuna in 2024, wh...
Fisheries subsidies: ‘We have let history down’ Worldwide
The following is an excerpt from an article published by China Dialogue Ocean:
Disappointment as negotiators fail to agree curbs on subsidies for overfishing at World Trade Organization meeting
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The Norwegian snow crab fishery is closing today Norway
On Saturday, March 16, 9,769 tons were caught in this year's Norwegian snow crab fishery. This means that the quota has been overfished by 11 tons, and with two more days, it is likely that the quota ...
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