Surf Clam Fishery Partnership Exceeds Expectations in First Year
A landmark agreement announced in March 2019 between Clearwater Seafoods and 14 First Nations communities in Nova Scotia and Newfoundland and Labrador, that forged a 50-year partnership in the Arctic surf clam fishery, is reportedly exceeding expectations.
“Year one of the partnership fostered through this landmark agreement has exceeded our expectations,” said Christine Penney, Clearwater vice-president.
“Tangible benefits are being generated for all parties. Year one has been a ...
Legal Action and Controversy Follow Awarding of Arctic Surf Clam License
When Fisheries Minister Dominic LeBlanc announced his intention last fall to introduce a fourth license for Arctic surf clams, representing 25 per cent of the total allowable catch (TAC), speculation and controversy quickly followed.
And that controversy came to a head Feb. 21 when LeBlanc announced, to the surprise of many industry stakeholders, that the new license for Arctic surf clams would be going to the newly created Five Nations Clam Company.
The minister said the Five Nations ...
Clearwater Increases Investment in Arctic Surf Clam Fishery
Ian Smith, CEO of Clearwater Seafoods Inc. recently announced more than $5 million in new investments in Clearwater’s Arctic surf clam fishery.
The investments in Glace Bay, N.S. and Grand Bank, N.L. will add new jobs, processing capacity and spur continued sustainable growth of the fishery.
“Today’s investment is good news for local jobs, domestic seafood processing capacity and those looking for the very finest wild-caught surf clams from Atlantic Canada,” Smith said.
“With ...
Clearwater Announces Further Investment For Grand Bank Seafoods During 25th Anniversary Celebrations
Grand Bank Seafoods, a division of Clearwater Seafoods, celebrated 25 years as an innovation leader in Canada’s clam industry with a new investment in a prime cut line to support growth of the business in Europe and North America.
Grand Bank Seafoods is located in the town of Grand Bank, Newfoundland and Labrador, producing Arctic surf, northern propeller and cockle clams. Clearwater acquired Grand Bank Seafoods’ Arctic surf clam operation in 1991. Since then, Clearwater has invested ...
Creating Value Key to Success in Global Seafood Business: CEO — Clearwater Seafoods Focused on Growth
With world population growth and a trend toward healthier diets, the global demand for seafood has jumped way past the available supply from both wild and farmed finfish and shellfish species.
For innovative seafood companies this means favourable market dynamics and opportunities for growth.
Ian Smith, Clearwater Seafood’s chief executive officer, said his company is doing well because of its ability to create value in its wild-caught seafood products and customer service. Ensuring the ...
