Business & Finance

SEAFOOD

SEAFOOD

The Better Seafood Board (BSB), an initiative sponsored by the National Fisheries Institute (NFI), has released its third edition of “Industry Guidance of Best Practices for Addressing Seafood Fraud”.

30th January 2025

America’s Better Seafood Board issues new best practices

30th January 2025

AQUACULTURE

AQUACULTURE

Mowi ASA has entered into an agreement with Vigner Olaisen AS to acquire its controlling stake in Nova Sea AS. It will pay NOK 7.4 billion for Vigner Olaisen’s 46% stake in…

30th January 2025

Mowi increases ownership of Nova Sea to 95%

30th January 2025

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Fish waste is a significant issue in aquatic food systems. It impacts not only economic efficiency and profitability but also environmental sustainability and food security. Reducing waste is essential to optimise the…

29th January 2025

Harnessing the power of fish waste – creating solutions in Kenya

29th January 2025

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Seafood is critical to global nutrition and food security, and its consumption is rising each year. However, increasing amounts also end up uneaten. A new report from the World Economic Forum (WEF)…

29th January 2025

Revolutionising fishing – the valorisation of waste and by-products

29th January 2025

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Around 24 million tonnes of edible products generated by fisheries and aquaculture are being lost across supply chains every year, according to estimates made by the World Economic Forum (WEF), with the…

29th January 2025

Healthy returns from by-product pathways

29th January 2025

FISHERIES

FISHERIES

The ‘A’ season for wild Alaska pollock officially opened on 20 January 2025, with the industry stating that the stakes couldn’t be higher for thousands of Alaskans as the fishery, one of…

28th January 2025

Stakes high for Alaska communities as ‘A’ season for wild pollock opens

28th January 2025

SEAFOOD

SEAFOOD

The Global Seafood Alliance (GSA) has announced the appointment of Michael Szemerda and Trin Tapanya to its board of directors.

27th January 2025

GSA appoints two new directors

27th January 2025

AQUACULTURE

AQUACULTURE

Gigante Salmon has released its quarterly report for Q4 2024, highlighting strong progress at its northern Norway farming site on Lille Indre Rosøy.

23rd January 2025

Gigante Salmon on track for harvest

23rd January 2025

NEW HORIZONS

NEW HORIZONS

Russia sees great potential in expanding trade relations with the 10 BRICS countries of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates, outlined Herman Zverev,…

22nd January 2025

BRICS: Russia sets it sights on fish trade growth

22nd January 2025

AQUACULTURE

AQUACULTURE

Vietnam’s Ministry of Industry and Trade and the United States Trade Representative (USTR) have formalised a bilateral agreement that resolves an anti-dumping dispute over Vietnamese pangasius fillets.

22nd January 2025

US, Vietnam end pangasius antidumping row

22nd January 2025

SEAFOOD

SEAFOOD

UK seafood processors and traders have a new unified voice to promote the sector following the launch of the UK Seafood Federation (UKSF). The new membership organisation is an amalgamation of the…

21st January 2025

New member organisation launched to unite UK processors and traders

21st January 2025

INSIGHT

INSIGHT

Europe’s fishing industry needs urgent, coordinated action from policymakers to secure the fleet’s future, with a strong focus on the social dimension, to support a thriving and resilient industry that’s able to…

21st January 2025

EU urged to shift policies to safeguard fishing industry

21st January 2025

BUSINESS & FINANCE

BUSINESS & FINANCE

Norwegian fish farming industry analysts Kontali has confirmed the appointment of Ole Magnus Waage as Chief Commercial Officer. In the position, Waage will lead the commercial team, securing revenue and strengthening relationships…

20th January 2025

Kontali appoints new Chief Commercial Officer

20th January 2025

ANALYSIS

ANALYSIS

A total 993,972 tonnes of fish and shellfish was caught by Iceland’s fishing fleet in 2024, representing a decrease of 28% on the previous year’s volume (1.38 million tonnes), according to preliminary…

20th January 2025

Icelandic catch falls by over a quarter

20th January 2025

SEAFOOD

SEAFOOD

Scottish salmon farming leaders are backing the UK Chancellor’s growth-focused regulatory approach, which urges Scotland to capitalise on seafood exports for economic recovery.

14th January 2025

Regulatory reform needed to boost Scottish seafood exports

14th January 2025

SEAFOOD

SEAFOOD

South Korea’s Ministry of Oceans and Fisheries (MOF) has presented a new Development Plan for the Oyster Aquaculture Industry, aimed at taking the lead position in the trade which is currently valued…

14th January 2025

South Korea targets becoming world’s top oyster exporter

14th January 2025

ANALYSIS

ANALYSIS

Despite challenges, including increased competition from other countries, trade wars and market barriers, Vietnam’s seafood exports are expected to continue to increase and could reach a total value of US$ 11 billion…

14th January 2025

Vietnam aiming at $11 billion of seafood exports in 2025

14th January 2025

FISHERIES

FISHERIES

Aker QRILL Company and Tersan Shipyard are teaming up on the construction of a new state-of-the-art krill fishing vessel.

13th January 2025

Aker QRILL secures fourth krill fishing vessel

13th January 2025

ANALYSIS

ANALYSIS

The profitability of Iceland’s fishing and fish processing sectors declined in 2023, according to new analysis compiled by Statistics Iceland.

13th January 2025

Iceland’s fishing, fish processing profitability declines

13th January 2025

AQUACULTURE

AQUACULTURE

The taxation of the Faroes’ salmon industry has been restructured, effective from 1 January 2025, following a broad political agreement stretching to 2032, producer Bakkafrost has confirmed.

9th January 2025

Faroe Islands onboards new salmon farming tax

9th January 2025