To continue computerization of its production facilities Murmansk Trawl Fleet plc has hired NPP SpetsTek (scientific and production company) which will introduce information system of vessel maintenance and repair management of MTF's affiliates, namely ZAO MTF-1, ZAO MTF-2, ZAO MTF-3 and ZAO MTF-4, reports http://www.megafishnet.com

Around thirty Icelandic companies and organisations will be taking part in the European Seafood Exposition in Brussels this year from the 24th to the 26th of April. These include HB Grandi, which has exhibited at the specialist seafood exhibition every year since 2005. This makes it the eighth time that HB Grandi has taken to opportunity to present its activities and products at Brussels, reports www.megafishnet.com with reference to HB Grandi.

Russian fish business has a great potential for development. To use this potential it needs new fleet, new technologies, new approaches and new legislation. These issues actually lie in the sphere of activity of Russian Sea Group of Companies which has initiated a special interesting and promising project of state scale, reports http://www.megafishnet.com/ with reference to CEO of Russian Sea-Fishing Vadim Gurinov.

Unexpectedly for market participants JSC Nord-West F.C. based in Murmansk has taken the second place in Russia's seafood export in January 2012, reports http://www.megafishnet.com/

Russian oil and gas investor has been actively developing a project on construction of a fish processing plant in Spitsbergen and this is not going to become a symbolic object for geopolitical purposes but rather a real business project based on logistical advantages of the plant's location close to the fishing grounds and main whitefish markets, reports http://www.megafishnet.com/

OJSC Russian Sea Group (the "Company" or the "Group"), one of Russia's leading consumer food companies, announces the appointment of Olga Farenbrukh as Chief Executive Officer of the company "Russian Sea" (ready-to-eat segment) effective April 1st, 2012. The Company sincerely thanks Alexander Maksimov, the former CEO of more than two years, reports www.megafishnet.com.

Russia's Government will crackdown on implicit subsidiaries of Pacific Andes to buy back pollock quotas, reports http://www.megafishnet.com/ with reference to PR head of Russia's Federal Fisheries Agency Alexander Saveljev.

Marine Harvest ASA (leading supplier of salmon to world market and Russia in particular) has entered into agreements with the largest European institute for applied research within fisheries, aquaculture and food, Nofima, and the leading Norwegian agricultural feed producer, Felleskjøpet Rogaland Agder, which opens up for establishing a leading Norwegian salmon feed company with a yearly production capacity of up to 500.000 tonnes of salmon feed.

Dear Friends, we would like to inform you that even in situation of worldwide globalization of the fish market, there are some companies as WORLDFISHEX LLC., Salem (General Director is VYACHESLAV SHIPUK, anyway he is saying so).

The finalists for the 2012 European Seafood Exposition Seafood Prix d'Elite new products competition were announced on Monday by event organiser Diversified Business Communications of Portland, Maine

Russian Sea Group has announced an ambitious plan to become the world's biggest vertically integrated fish holding with complete production cycle from own raw material of both wild fishery and farmed origin to consumer packs, reports http://www.megafishnet.com/

Morpol's operating revenues in the fourth quarter amounted to EUR 150.2 million, which was 12.9 million lower than in the same period last year. The decrease in revenue in the fourth quarter was mainly due to a 6 percent reduction in processing sales volumes as well as a significant drop in salmon prices reducing revenues in farming.

Norway Seafoods received an operating result of 1 million kroner in the forth quarter 2012, a slight improvement from the same period 2011. Despited that the finished goods market in Eurpean was weeker this year compare to last year.

Aker Seafoods achieved an operating result (EBIT) of NOK 29 million in the fourth quarter 2011, an increase of NOK 20 million compared to the same period in 2010, reports www.megafishnet.com.

Though OOO Murmansk Marine Fish Port did not go for auction in late September 2011 as was announced earlier, the company will inevitably be sold to private owners until the end of 2013 according to the program on federal property privatization, reports www.megafishnet.com.

One of Kamchatka's biggest fishing companies AKROS will to be restructured soon, reports http://www.megafishnet.com/

In the end of January 2012 one of the biggest Russian fishing companies Murmansk Trawl Fleet (MTF) finally sold the bulk of its shares to a group of Russian share holders controlling fishing companies under the umbrella of fast-growing fishing giant Karat Holding, reports http://www.megafishnet.com/

The Marine Harvest Group achieved an operational EBIT of NOK 403 million in the fourth quarter of 2011, compared to NOK 1 033 million in the corresponding quarter of 2010. Favourable sales contracts reduced the impact on margins from lower spot prices. Marine Harvest expects a challenging supply situation in 2012 with continued price pressure and has taken necessary measures to preserve financial strength, reports www.megafishnet.com

Moscow, February 6, 2012 - OJSC "Russian Sea Group" (the "Company" or the "Group"), one of the leading Russian consumer food companies, today announces its revenue for the twelve months ended 31 January 2011 based on unaudited management accounts, reports www.megafishnet.com.

AKVA group ASA and OJSC «Russian Sea Group» announce the signing of the contract for complete AKVA Cage Farm to be installed in the operations of Russian Sea-Aquaculture LLC in the Murmansk region, reports www.megafishnet.com.