Business & Finance – Page 28
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Striving to stay in the fast lane
Farmed Atlantic salmon has long-transcended the wider seafood category, but its challenges are stacking up
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Faroes parliament okays increased salmon tax
Effective from 1 August 2023, a total of nine different tax rates – ranging from 0.5% to 20% – can be applied to salmon farming companies
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Turkey stays resilient
Despite this year’s devasting earthquake, the European country remains focused on increasing its domestic fish catch and its exports
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SAIC funds landmark aquaculture project
The Sustainable Aquaculture Innovation Centre (SAIC) has funded a landmark 100 aquaculture projects
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Australian food producers ‘overlooked’
The Australian seafood industry has labelled the federal budget a ‘missed opportunity’ which places more pressure on food producers
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Scottish government ‘open-minded’ about licence fees
A call by salmon farmers for licence fees to be directly reinvested into rural communities is being heard by the Scottish government
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Mowi records best ever quarter
Record-high global salmon prices have helped Mowi achieve record profits so far in 2023
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Newbuild to combine fishing and farming
Larsnes Mek Verksted has been contracted to build a unique vessel capable of alternating as a seine netter for whitefish and a carrier for the aquaculture sector
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Report: $55bn needed to avoid seafood shortage
Aquaculture industry unable to meet demand by 2050 unless it becomes regenerative, says financial think tank
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Seafood industry welcomes Australia-UK FTA
New trade deal expected to significantly boost Australian seafood exports to the UK market in the coming years
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Precision farming launch for Med aquaculture
Skretting Southern Europe introduces 360+ to optimise fish feeding protocols and production management
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Export plans outlined for Scottish salmon
Industry wants to ramp-up Label Rouge production and overseas sales over the next three years
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Barcelona seafood expo sets new records
More than 33,000 seafood professionals attended the 29th edition of Seafood Expo Global/Seafood Processing Global
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New ‘blue finance’ fisheries improvement fund
A new approach to fisheries improvement funding will build in the cost of sustainability upfront, with Mars committing $1 million
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Kingfish begins 2023 with record sales
The Yellowtail kingfish producer, The Kingfish Company, has begun 2023 with record sales amid an on-going expansion
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Energy crunch squeezing European aquaculture
When it comes to inflated energy costs, the eye of the storm may have passed, but the region’s producers remain in uncharted waters
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Private placement for Salmon Evolution
Norwegian land-based salmon farming company raises gross proceeds of NOK 525 million
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Lower Q1 salmon harvest for Grieg Seafood
The Bergen, Norway-headquartered salmon farming group harvested approximately 15,350 tonnes of fish in the first-quarter of 2023
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Garware appoints new executives
An Indian technical fibre manufacturer is focusing on business in Europe with three new executive appointments
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Higher first-quarter harvest for Mowi, earnings rise
Atlantic salmon producer harvested 102,500 tonnes of gutted weight equivalent fish in the first-quarter of 2023