Business & Finance – Page 2
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STIM acquired by equity firm
An investment by equity firm Summa will help fish health specialist STIM drive growth and expand its operations
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Norcod gets US$5m cash injection
A North American seafood company is tapping into the cod farming market with a US$5m investment in Norcod
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Scottish pelagic processor puts quality and sustainability at the heart of its operations
Pelagia Shetland has seen its best-practice procedures secure sales to the Japanese market and others
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Kaldbakur acquires Optimar in strategic move
Fish processing systems provider will continue to serve its customers worldwide as an independent company
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Record revenue for Lerøy Seafood Group
Fish farming and fishing company achieved revenue of NOK 30 billion for the first time in its history last year
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Barramundi Group to expand Brunei operations
Facility offer will be used to fund the first phase of the expansion and pivot to BG 2.0
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BioMar appoints new vice president for Asia markets
Cedric van den Bossche will develop the product portfolio and the market strategies for the Asian markets
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First Alaska aquaculture report released
New ’State of Alaska Aquaculture’ overview reveals the state’s opportunities and challenges
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Brussels calls for evidence on a potential ban on sales of loose shark fins
Feedback also being collected on potential policy options to better protect sharks and related marine eco-systems
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American sushi council begins inaugural year
Industry group will work to enhance food safety and product integrity
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Bakkafrost reveals strong results in 2023
Bakkafrost delivered strong results in the fourth quarter 2023 with an improved operating margin
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Scottish salmon crowned UK’s top food export
Scottish salmon has once again been named the UK’s top food export but challenges remain for the industry
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Solid fourth quarter ends a record year for SalMar
SalMar has enjoyed a record 2023 with an operational EBIT of €710,000 (€2.81 per kg) and a consolidated harvest volume up 31% to 254,100 tonnes
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Record 2023 for Mowi
Mowi ended 2023 with record revenues of €5.5 billion, operational profit of €1.028 million and harvest volumes of 475,000 tonnes
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US seafood trade deficit exceeds $20.3 billion
Approximately 80% of the estimated seafood consumption in the United States comes from overseas sources
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Norwegian seafood exports still in sustained growth
Norwegian seafood exports market is still going strong into 2024
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NEOM enters joint-venture to establish Topian Aquaculture
New venture to support national goal of producing 600,000 tonnes of fish products annually by 2030
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Zambian farmers benefiting from smallholder aquaculture
New WorldFish study learns the transformative power of fish farming
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Satellite company warned it's contributing to overfishing
Chris Packham, Hugh Fearnley-Whittingstall and Amanda Holden join campaign to stop satellite-assisted ocean destruction
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IPNLF appoints two new directors
IPNLF has appointed two new directors to key positions in the organisation