What You Want to Know: Impact of UK-EU Reset on English Channel Sector

Fish Ratings is ‘Cautiously Uncertain’ (Outlook: Evolving) on the English Channel sector following reports of a breakthrough in reset talks between the United Kingdom and the European Union.

Fish Ratings Assigns Iceland’s Fresh Batch of 28 Breaded Fish Fingers ‘B+(EXP)’

Fish Ratings has assigned Iceland’s new delivery of packets of 28 Breaded Fish Fingers an expected rating of ‘B+(EXP)’. The rating is aligned with its existing stock. The new batch will partly replace packets that have been in the freezers since September 2017 and have a use-by date in May 2025.

Fish Ratings Downgrades Filets de Merlan Panure Croustillante to ‘B-’ Following Early Removal from the Oven

Fish Ratings has lowered the rating on frozen Filets de Merlan Panure Croustillante (frozen whiting filets in crispy breadcrumbs) to ‘B-’ from ‘B’ due to the premature withdrawal of a batch from the oven.

More Unsolicited Small Fish (SF) Comments Are Likely due to Late-Cycle Behavior

Late-cycle behavior is manifesting in small fish (SF) more frequently of late, which has triggered more unsolicited commentaries from Fish Ratings on SF deals not rated by the agency and in certain seas.

FishRatings Affirms Haddock at ‘BBB+’; Revises Outlook to Positive

Fish Ratings – London – November 13, 2019: FishRatings has affirmed Haddock’s Viability Rating (VR) at ‘bbb+’ and its Long-Term Fish Default Rating at ‘BBB+’ and revised the Rating Outlook to Positive from Stable. The Outlook revision reflects strong demand for fish and chips at the same time that Cod (‘BBB’; Negative Outlook) fundamentals weaken.Continue reading “FishRatings Affirms Haddock at ‘BBB+’; Revises Outlook to Positive”