Business & Finance – Page 3
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€6.6m EU funding boost for Irish fisheries
Investments of €6.6 million have been secured by Irish fishers under EU-funded schemes
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Catchwise backed to ‘revolutionise’ fisheries with satellite tracking, AI
Norwegian start-up raises NOK 14.5 million in its pre-seed funding round, led by Dreamcraft Ventures
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TOMI expands into aquaculture with new partner
US company’s SteraMist technology introduced by microalgae producer Algafeed
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Red tape has UK shellfish aquaculture in a bind
Offering the perfect marine protein, mussel and oyster producers could thrive if given a supportive platform by policymakers
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Australia advances labelling change for seafood
Enabling the population to choose Australian fish, country-of-origin labelling (CoOL) will be added to menus from 1 July 2025
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BioMar acquires full ownership of LetSea
BioMar is to take over 100% of LetSea, boosting its capacity for innovation in aquaculture
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India’s shrimp exports top 733,000 tonnes
Overseas sales value for 2024 also increases – to just under $5 billion
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Seafood Scotland: Cluster could treble industry’s value
Trade body calls for support to fund “game-changing” ocean cluster
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Gårdsfisk raises scale-up funding
Swedish land-based fish farmer successfully closes a SEK 50 million Series A investment round
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SuperGround secures seed investment to scale innovation
Finnish company upcycling fish side streams successfully closes EUR 2.5 million funding round
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Op-Ed: The economic case for a net-zero Scottish seafood sector
Strategic changes and CapEx projects can yield significant results, maintains the Scotland Food & Drink Partnership’s Net Zero Commitment
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Tariffs threaten Canadian seafood sector
New 25% tariffs on Canadian seafood threaten families, businesses and production, requiring urgent government support
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Kelly Cove Salmon acquires defunct Aqua Bounty
Kelly Cove Salmon has acquired Aqua Bounty’s PEI operations to boost its sustainable salmon farming
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Norwegian seafood enjoys best ever February
A weak krone, high salmon volumes and a burgeoning US market have helped Norway enjoy its best ever February
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Hong Kong urged to tackle imported seafood failings
Industry stakeholders call on government to urgently address critical gaps in the city’s seafood import regulations
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SalMar buys remainder of offshore farming firm
Norwegian salmon farming group snaps up Aker’s 15% ownership stake in SalMar Aker Ocean
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New Zealand invests in salmon farming
New Zealand is investing in open ocean aquaculture to boost salmon exports and create new jobs
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Organic Sea Harvest suspends production
Skye-based salmon farmer fallows existing farms and lays off staff until refinancing can be agreed for the business
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Optimar, Slippurinn Akureyri team up
Domestic and international alliance expected to create new opportunities for both companies and their customers
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Ambitious thinking behind new factory trawler
Bluewild’s Ecofive has been handed over for the last stages of outfitting before testing the array of new systems on board