Business & Finance – Page 7
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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
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Washington State sued for fish farming ban
Northwest Aquaculture Alliance files lawsuit insisting commercial net pen ban is unlawful
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Mowi may sell feed business
Time is ripe to assess how the division will be organised in the future, says CEO Ivan Vindheim
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Norwegian Greentech wins Arctic Seafarm deal
Norwegian Greentech breaks through into the land-based sector with a deal with Arctic Seafarm
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SIA receives grant for China relations
Seafood Industry Australia has received a grant to strengthen Australia-China seafood relations
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Seamless shipment of mackerel from Scotland for Danish processor
Northbay Pelagic uses Port of Hirtshals for the first time to ship processed mackerel
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Soaring seafood prices impacting European consumption
New survey determines cost is greatly affecting consumer decision making in the current economic climate, leading to more cautious spending
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Opinion: From predictive to prescriptive – how agentic AI is reshaping manufacturing operations for seafood businesses
Rather than replacing people on the ground, the progressive tech enables human resources to be redeployed to more commercially-critical areas
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Icelandic Salmon strengthens operations
Icelandic Salmon has stabilised operations, secured additional funding, and reported strong demand despite earlier challenges
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Strong finish to challenging 2024 for SalMar
SalMar ended 2024 on a high with improved results, increased investments and a 17% harvest volume growth
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Clean Seas receives merger proposal
Exclusive due dilligence granted to shellfish producer Yumbah Aquaculture Ltd
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EU shrimp imports bounce back
Volumes approach 2022’s record year, with demand rising in all regions