Business & Finance – Page 9
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Bakkafrost board buoyant despite challenges
Bakkafrost’s board remains buoyant despite weak Q3 results owing to low salmon prices and a virus outbreak at one of its farms
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Mowi posts record operating revenues in its third quarter
The company’s seawater production and harvest volumes reached an all-time high of 161,000 tonnes
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Kate Forbes: Seafood industry success essential to Scotland
Much will depend on the strength of the products, strength of the sector and international connections, says Deputy First Minister
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Ecuadorian shrimp fails to repeat record volume
Third-quarter 2024 exports stayed just below 300,000 tonnes, finds latest Shrimp Insights analysis
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Norway achieves record-breaking month for exports
Never before has a higher value of seafood being exported in a single month for Norway - largely thanks to mackerel
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Accent Equity to acquire composite manufacturer
Accent Equity is to acquire Brimer, a leader in GRP solutions for use in aquaculture and fish processing
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Trojo secures millions to fund tilapia production
Investment will boost Ghana’s aquaculture industry and help satisfy the growing local demand for high-quality, affordable fish
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UK seafood loses £1bn in four years
Industry has been hard hit but 2024 has brought some green shoots of recovery, says Marcus Coleman CEO Seafish
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Ole-Eirik Lerøy to step down as Mowi Chairman
Lerøy has decided to step down after a 15-year tenure with the company. Ørjan Svanevik has been proposed as successor
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10 restaurants eye fish and chips prize
National Fish & Chip Awards announces shortlist for Restaurant of the Year award
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‘AI will transform seafood’
By leveraging AI, seafood can address its biggest challenges and ensure a more sustainable future, insists tech entrepreneur Chris van der Kuyl
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Bluefront acquires 80% stake in Cryogenetics
Bluefront Equity has acquired an 80% stake in Cryogenetics, aiming to enhance sustainable fish farming and expand operations
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UK seafood school launches in Grimsby
A seafood school has opened in Grimsby, UK to provide essential training for future industry professionals
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New APPG charts a strategic course for UK fisheries
Cross-party forum will continue to promote and support efforts towards a sustainable and thriving industry
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Alaska’s seafood industry suffers $1.8bn losses
Beyond the economic impacts, the decline of fisheries in the region threatens a way of life, sense of place, community and identity, says new NOAA Fisheries report
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40 chippies in the running for top UK takeaway prize
National Fish & Chip Awards announce shortlist for Takeaway of the Year 2025
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Stolt Sea Farm starts construction of new Portuguese facility
Tocha project is the latest step in the land-based aquaculture company’s ongoing expansion programme
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Australia to resume live lobster trade with China
Imports expected to restart by the end of the year after China imposed a ban on Australian-caught lobsters in 2020
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Triumph for Australian tuna
Bluefin stocks recovering but seafood industry served up a mixed bag in new Marine Park plan
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Irish seafood navigates challenges
The Irish seafood economy faced a turbulent 2023 but government investments have led to a recovery and 12% growth