Business & Finance – Page 18
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NewsEU pledges €20m for sustainable aquaculture
European Investment Fund is providing €20 million to help drive innovation and sustainability in the aquaculture industry
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NewsNorway’s seafood industry welcomes EFTA-India trade deal
New agreement will gradually reduce the current seafood tariff level to zero within five years
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NewsTrident Seafoods close to finalising deals for Alaska plants
Moves position the company to focus investments on modernising and retooling its remaining processing plants throughout Alaska
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NewsThree years of growth for Norwegian seafood
February 2024 marks three years of consecutive growth in the value of Norwegian seafood exports
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NewsSTIM acquired by equity firm
An investment by equity firm Summa will help fish health specialist STIM drive growth and expand its operations
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NewsNorcod gets US$5m cash injection
A North American seafood company is tapping into the cod farming market with a US$5m investment in Norcod
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NewsScottish pelagic processor puts quality and sustainability at the heart of its operations
Pelagia Shetland has seen its best-practice procedures secure sales to the Japanese market and others
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NewsKaldbakur acquires Optimar in strategic move
Fish processing systems provider will continue to serve its customers worldwide as an independent company
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NewsRecord revenue for Lerøy Seafood Group
Fish farming and fishing company achieved revenue of NOK 30 billion for the first time in its history last year
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NewsBarramundi Group to expand Brunei operations
Facility offer will be used to fund the first phase of the expansion and pivot to BG 2.0
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NewsBioMar appoints new vice president for Asia markets
Cedric van den Bossche will develop the product portfolio and the market strategies for the Asian markets
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NewsFirst Alaska aquaculture report released
New ’State of Alaska Aquaculture’ overview reveals the state’s opportunities and challenges
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NewsBrussels calls for evidence on a potential ban on sales of loose shark fins
Feedback also being collected on potential policy options to better protect sharks and related marine eco-systems
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NewsAmerican sushi council begins inaugural year
Industry group will work to enhance food safety and product integrity
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NewsBakkafrost reveals strong results in 2023
Bakkafrost delivered strong results in the fourth quarter 2023 with an improved operating margin
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NewsScottish salmon crowned UK’s top food export
Scottish salmon has once again been named the UK’s top food export but challenges remain for the industry
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NewsSolid fourth quarter ends a record year for SalMar
SalMar has enjoyed a record 2023 with an operational EBIT of €710,000 (€2.81 per kg) and a consolidated harvest volume up 31% to 254,100 tonnes
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NewsRecord 2023 for Mowi
Mowi ended 2023 with record revenues of €5.5 billion, operational profit of €1.028 million and harvest volumes of 475,000 tonnes
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NewsUS seafood trade deficit exceeds $20.3 billion
Approximately 80% of the estimated seafood consumption in the United States comes from overseas sources
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NewsNorwegian seafood exports still in sustained growth
Norwegian seafood exports market is still going strong into 2024
