Business & Finance – Page 44
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Land-based fish farmer secures additional €10m financing
Rabobank provides a €10 million bridge facility to ensure the Dutch facility’s expansion stays on track
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Sea Harvest acquires MG Kailis
Sea Harvest Group is to acquire the fishing and related businesses of Western Australia-based MG Kailis and its subsidiaries for AUS$70 million.
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Norway Royal Salmon and SalmoNor to merge
The merger will create the world’s sixth largest salmon farmer
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Russian Fishery Company places bumper follow-up onboard processing plant order with Carsoe
Carsoe A/S has won a new DKK 500 million contract from the Russian Fishery Company (RFC) for the fitting out of four of its vessels with fully-equipped onboard fish processing plants.
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European project seeks high value in seafood by-products, by-catch
A European research project is hoping to demonstrate that there is considerable untapped potential in utilising marine co-products and non-target by-catch species as ingredients in high-value products such as creams and dietary supplements.
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Salmon farmer brings in Denmark’s Blue Unit to help with water quality
To help uphold Mowi’s production capability and market position, the Norwegian-headquartered salmon farming company has started working with Blue Unit Solutions, a Danish company that produces data and visualisation technologies to improve water quality controls in farms.
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Tim Heddema takes up the helm at PFA
The Pelagic Freezer-trawler Association (PFA), which represents the interests of nine European pelagic freezer-trawler companies that fish for human consumption, has appointed Tim Heddema as its new president
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Bakkafrost snaps up 90% of Danish processor
Ninety percent of the shares in Danish canned fish processor Munkebo Seafood A/S have been acquired by the Bakkafrost Group.
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Arctic Seafarm gets government green light, Kvarøy CEO joins the board
The Norwegian land-based production project has received an official governmental permit for its flow through system, confirming the plans to produce up to 15,000 tonnes of fish annually and to employ 50 people.
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Ice Fish Farm edges closer to owning Laxar
The majority shareholders at Ice Fish Farm AS and Laxar Fiskeldi ehf have agreed to the former’s acquisition of Laxar and its subsidiaries and the merger of the two Icelandic salmon farming companies.
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Innovasea helps secure Federal Grant for Gulf of Mexico oil rig aquaculture venture
Innovasea, a global leader in technologically advanced solutions for aquaculture and fish tracking, has announced that it has helped the Gulf Offshore Research Institute secure federal grant funds to continue its plan to repurpose a defunct oil rig in the Gulf of Mexico for aquaculture.
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Scottish Sea Farms cleared to acquire Grieg Seafood Hjaltland UK
The UK’s Competition and Markets Authority (CMA) has cleared Scottish Sea Farms’ bid to acquire Grieg Seafood Hjaltland UK, paving the way for the deal to complete.
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Billion for sustainable seafood
Bluefront Equity has NOK 1 billion earmarked for sustainable seafood investments.
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Skretting and Atlantic Sapphire team up on local feed facility
Skretting is to construct a feed plant in Florida for land-based salmon to serve Atlantic Sapphire’s US operations with feeds specialised for Bluehouse farming.
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Carsoe acquires outstanding shares in Intech
Carsoe has acquired all outstanding shares in Intech, consolidating the two companies’ seafood activities and tray denesting technology at Carsoe and Intech respectively.
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Framo strengthens sustainable focus
Pump manufacturer Framo, part of the Alfa Laval group, has acquired equipment supplier LiftUP strengthening the company’s focus on sustainable aquaculture.
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Bakkafrost’s sustainable growth plans
Faroese aquaculture group Bakkafrost has announced ambitious plans for increase its output of its premium salmon by more than 40% over the next five years, with a significant investment programme in Scotland, incorporating innovative RAS technology.
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New and uncertain horizons
With the Brexit agreement now in place, the seafood industry finds itself in uncharted waters
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Covid-19: Farmers seek help with feed costs
Members of the Panay Aqua Farmers Cooperative (PAFC) have visited the Aquaculture Department of the Southeast Asian Fisheries Development Center (SEAFDEC/AQD) accompanied by Remia Aparri of the Philippine Bureau of Fisheries and Aquatic Resources 6 (BFAR-6) to find ways to soften the impact of Covid-19 on the aquaculture industry in ...
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Aquafeed production plant opens in Chongqing
The first commercial-scale plant in the world fully-funded through the Calysseo joint-venture between Adisseo and Calysta will be built in Chongqing’s Changshou district, an important milestone for the Feedkind project.