In addition to the $740 million in new current debt, the … To learn more, view our privacy policy. Bodal will step down from his role as chairman of American Seafoods’ Board of Directors as part of his exit, but, as an equity holder in the firm, he will remain a member of the board once his retirement goes into effect. Published in partnership with Urner Barry, the leading provider of seafood price, foreign trade and import data, we focus on the business side of the industry, plus everything that affects it. The main shareholder of American Seafoods Group (ASG), private equity Bregal Partners, has broken off deal talks with a group of rivals from the industry, Undercurrent News understands. American Seafoods, which operates a fleet of six vessels, is a major player in harvests off Washington and Alaska with the ability to process catches on board into frozen products. The company is a majr quota holder for offshore pollock, as well as Pacific whiting and Pacific cod, and produces fillet, surimi, roe and block product sold worldwide. By continuing, you consent to the use of these cookies. We provide a readable daily snapshot of the global seafood industry. American Seafoods has come up with a plan that involves at least a five-day quarantine as well as testing crew for the infection and the presence of antibodies, according to a company spokesperson. American Seafoods uses cookies to help give you the best experience on our site. American Seafoods has reported that 85 crew members on the American Triumph, shown here moored in Bellingham, Wash., with the Northern Jaeger, have tested positive for COVID-19 in Unalaska. American Seafoods Group, the big Seattle operator of factory trawlers, is putting together a package of deals to keep estimated debts of more than … SeafoodNews.com is the most widely read seafood industry news in North America, with subscribers in over 50 countries. American Seafoods is a leader in the harvesting, processing, preparation and supply of quality wild-caught seafood, with operations concentrated in Alaskan waters. American Seafoods had more than $400 million in revenue last year and employs about 1,000, Bodal said. After more than 25 years of service, American Seafoods’ Bernt Bodal is retiring, the company announced on 31 May. The Bristol Bay Native Corporation is looking to team up with partners on the acquisition of American Seafoods due to the latter's high value, sources told Undercurrent News American Seafoods Group (ASG) is fighting a coronavirus outbreak on its American Dynasty factory trawler (pictured above), with 86 crew testing positive for COVID-19 so far.

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