Business & Finance – Page 23
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Thai Union profits rebound as demand recovers
Seafood giant reports a net profit of THB 1.2 billion for the first-quarter of 2024, a year-on-year increase of 53.9%
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John West appoints new commercial director
UK tinned seafood brand announces the promotion of Kate Willoughby to the executive position
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Challenging opening quarter for Mowi Norway
Salmon giant hit by winter sores and an unusually high prevalence of string jellyfish, in addition to a very cold winter
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Record April for Norwegian exports
Currency effects and an early Easter boost Scandinavian country’s overseas seafood sales
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Optimar tripling Vikenco’s slaughter capacity on Rindarøya
Expansion will strengthen Norwegian seafood processing company’s global position
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BAADER, Grieg Seafood ink salmon processing plant deal
Set for completion by summer 2025, the new NOK 130 million Gardermoen Oslo facility will be equipped with advanced post-rigor fillet technology
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Trident concludes Ketchikan sale
Silver Bay Seafoods has completed its takeover of Trident Seafood’s processing facility in Ketchikan, Alaska
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EU aquaculture lingers at less than 1.1 million tonnes
But between 2010 and 2022, the value of the region’s aquaculture production increased by around 75%
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Seafood Expo Global/Seafood Processing Global breaks records
More than 35,000 seafood professionals attend, making it the largest edition in the event’s history
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New seafood alliance launched for Europe
AIPCE-CEP, EAPO, Europêche and FEAP unite to advance shared goals and promote industry priorities
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Skretting and Iceland’s LAXEY enter long-term partnership
Aquafeed giant has committed to supply feed to the hybrid flow-through salmon project
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Bluefront introduces next impact seafood investment fund
$50 million for sustainable seafood investments already secured
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NFI Sushi Council announces founding members
Precompetitive partnership gains widespread industry participation
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Norwegian seafood exports decline for first time in three years
Seafood worth over NOK 40 billion was exported by the Scandinavian country in the first-quarter of 2024
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Rockfish launches virtual fishmongers
New concept allows customers to choose seafood from a digital, on-screen counter linked to the Rockfish Online Seafood Market
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Funding injection for cleaner fish vaccination project
Project could expand the use of the cleaner fish to control sea lice on salmon farms
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European aquaculture boosted as blue economy investments increase
Due to its strong potential, the sector is seeing an encouraging influx of young companies and a growing share of early-stage financing
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Salmon Scotland: Brexit annually costing up to £100m in lost exports
Producers of the UK’s largest food export have faced increased red tape and costs following the departure from the EU in January 2020
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Fisheries and Seafood Scheme announces next panel date
Grant scheme will deliver a further GBP 6 million in match funding to projects developing the catching, processing and aquaculture sectors
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Boost for Western Australia barramundi production
Tassal Group receives an AUD 5 million grant from the state government to aid its barramundi farm growth plans