Seabay is such a sad loss

REPORTING on a loss to Grimsby's business community is never a satisfying task, espcecially when it involves 100 livelihoods.
More so when, as with Seabay Quickfish, it involves an industry on which Grimsby prides itself on.
It is clearly a time for consolidation in the seafood processing industry. Escalating prices for fish combined with energy costs are afffecting those operating on tight margins.
Such economic factors cannot be borne out by all companies, and it is extremely sad when one is lost.
Seabay Quickfish was a leading light on the fish docks, a major part of the make up with a traditional North Wall base, but we are seeing a period of caution in the industry. Across the once bustling fish dock at Ross House, major decisions have been made to reel in operations north of the Humber, and for Young's to concentrate activities in Grimsby. The efficiency drives and streamlining decisions have to be made to keep companies in good order. This is where those that are already close to the red line can fall.
Seabay has, having struggled on for some time, and it is a sad and major loss.
Jobs created by Young's in Grimsby with the Hull plant closing may offer a chink of light for some, but it is one less employer and one less voice to shout about the combined strength of Europe's Food Town.