Tag: James Wallace

• Thursday, September 10th 2026 - 12:00 UTC

  Iceland Foods to open first UK high street store in the Falklands in December

  

  British frozen food chain Iceland Foods announced Thursday that it has completed a deal to open a store in Stanley, the capital of the Falklands, in what the company describes as the first UK high street retail brand to establish itself in the archipelago.

• Thursday, November 27th 2025 - 08:30 UTC

  Fortuna completes acquisition of the Ocean Fish Group

  

  The Board of Fortuna Ltd are delighted to announce the acquisition of the Ocean Fish Group, as of 25th November 2025. Ownership of the Company is a further step towards growing Fortuna’s wider fishing and maritime-related interests.

• Tuesday, May 27th 2025 - 16:04 UTC

  Fortuna Ltd secures Tristan da Cunha lobster concession and transport contract

  

  Tristan da Cunha, the world’s most remote inhabited island, has awarded its prized lobster concession to Fortuna Ltd, a British Overseas Territory-based company with global seafood operations.

• Tuesday, April 8th 2025 - 09:08 UTC

  CFL acquire Falkland’s container vessel MV Unispirit

  

  The Board of Consolidated Fisheries Ltd (CFL) are delighted to announce the acquisition of MV Unispirit. The vessel was handed over to new ownership in Montevideo on Monday 7th April, 2025. This marks a significant moment for the Islands; for the first time the Falklands has its own container vessel, and the acquisition represents a major investment of Falklands capital.

• Friday, October 25th 2024 - 18:28 UTC

  Fortuna completes acquisition of Holyhead Towing Company Ltd

  

  The Board of Fortuna Ltd are delighted to announce the acquisition of Holyhead Towing Company Ltd, as of 25th October 2024. Ownership of the Company is a further step toward growing Fortuna’s wider maritime-related interests.

• Wednesday, February 28th 2024 - 00:31 UTC

  Falklands Fortuna Ltd. shows its state of the art stern trawler Prion

  

  Fortuna Ltd are delighted to welcome the new stern trawler Prion down the slip in Marin, Spain. 

• Thursday, September 15th 2022 - 10:30 UTC

  Falklands' Fortuna Group establishes Taiwan subsidiary

  

  Falkland Islands' Fortuna Group has established a wholly owned company in Taiwan to manage its Illex business. Atlantic catch (Taiwan) will be a subsidiary of Atlantic Catch Falkland Islands both of which will be 100% Falklands owned.

• Tuesday, July 19th 2022 - 15:45 UTC

  Fortuna Ltd. announces new Strategic Advisor

  

  Fortuna Ltd. announced on Tuesday the appointment of Barry Rowland as Strategic Advisor of the Falklands' company. “Barry is well known to many people in the islands. He will be working alongside the board, supporting the Managing Director and General Manager,” Fortuna expressed in a statement.

• Monday, October 4th 2021 - 21:41 UTC

  Differences between FIG and local businesses emerge over changes in fisheries policies

  

  Disappointment broke out in the Falkland Islands among fishing companies over the latest licensing and securities measures, the local weekly Penguin News reported Friday.

• Thursday, July 22nd 2021 - 23:59 UTC

  Falklands' fishery exports to EU: small window opens but much negotiations still ahead

  

  James Wallace, CEO Fortuna Ltd., made the following comments regarding the European Union Council Regulation referred to Falkland Islands fishery exports to the EU. We welcome the publication today of Council Regulation (EU) 2021/1203 as regards autonomous union tariffs for certain fishery products (ATQ).