Business & Finance

SEAFOOD

SEAFOOD

With plans to onboard more brands and fisheries, the Australian company is profiting from its sustainability and traceability investments.

15th November 2024

How green storytelling is paying off for Austral Fisheries

15th November 2024

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

The recent announcement by the UK Government regarding increases in National Insurance contributions, coupled with changes to the inheritance tax, has raised serious concerns within the Scottish seafood processing sector.

15th November 2024

Scottish processors: Tax changes a threat to business growth and stability

15th November 2024

SEAFOOD

SEAFOOD

The National Oceanic and Atmospheric Administration (NOAA) has released an action plan that recommends improvements to the United States’ Seafood Import Monitoring Program (SIMP) following a year-long review of the programme.

15th November 2024

NOAA issues action plan to improve US seafood import monitoring

15th November 2024

SEAFOOD

SEAFOOD

With a total export volume of 52,476 tonnes, shrimp exports from Indonesia in the third-quarter 2024 increased 2% year-over-year, finds the latest analysis from Shrimp Insights.

14th November 2024

Indonesian shrimp exports bounce back

14th November 2024

FISHERIES

FISHERIES

Fraserburgh Harbour, one of Scotland’s most important commercial fishing ports, has moved a step closer to realising its expansion masterplan with the completion of its technical feasibility study with maritime engineering specialist,…

14th November 2024

Fraserburgh releases expansion plans, calls for support

14th November 2024

FISHERIES

FISHERIES

Cooke has announced the takeover of one of the world’s largest fishmeal and fish oil producers and exporters to help diversify its portfolio.

13th November 2024

Cooke to acquire Copeinca

13th November 2024

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Aquaculture research company Onda has opened a satellite location in Brazil that will allow it to expand its services and include work with whiteleg shrimp (Litopenaeus vannamei). The extension will be conducted…

13th November 2024

Onda extends R&D to Brazilian shrimp

13th November 2024

OPINION

OPINION

The fishing industry is facing multiple challenges including tightening regulations and rising operational costs. Dan Rolfe, Head of DiPerk Power Solutions explains how balancing the need for engine upgrades with budget constraints…

12th November 2024

Opinion: Balancing upgrades and budgets in the fishing industry

12th November 2024

SEAFOOD

SEAFOOD

UK seafood industry body has added two new members to its board, Sarah Holmyard and Georgina Wright.  

12th November 2024

Seafish appoints new board members

12th November 2024

SEAFOOD

SEAFOOD

Seafood giant Thai Union Group PCL has launched a new roadmap aimed at helping it achieve significant growth. Strategy 2030 includes increasing net sales growth to US$7 billion by 2030 from $3.9…

12th November 2024

Thai Union targets $7bn in revenue and double earnings in six years

12th November 2024

AQUACULTURE

AQUACULTURE

Salmon Evolution ASA says that construction on its ambitious phase 2 expansion project is well underway, positioning the company for first smolt release in Q1 2026.

11th November 2024

Salmon Evolution on track for expansion by 2026

11th November 2024

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Norwegian refrigeration company PTG Frionordica AS has secured a contract with Larsnes Mek Verksted to deliver two refrigerated seawater (RSW) systems for Rostein’s new live fish carrier. 

7th November 2024

PTG Frionordica wins RSW supply contract

7th November 2024

FISHERIES

FISHERIES

European Union’s fishing industry body Europêche has congratulated Costas Kadis on his formal appointment as the new Commissioner for Fisheries and Oceans.

7th November 2024

Industry welcomes EU Fisheries Commissioner Costas Kadis

7th November 2024

AQUACULTURE

AQUACULTURE

Bakkafrost has reported unsatisfactory financial results for the third quarter, primarily due to ongoing low salmon prices.

7th November 2024

Bakkafrost board buoyant despite challenges

7th November 2024

AQUACULTURE

AQUACULTURE

Mowi has reported record-high operating revenues of €1.44 billion, generating an operational profit of €173 million in its third quarter.

6th November 2024

Mowi posts record operating revenues in its third quarter

6th November 2024

SEAFOOD

SEAFOOD

Scotland is proud of its seafood industry and is committed to ensuring it has a sustainable future, according to Deputy First Minister and Cabinet Secretary of Economy and Gaelic Kate Forbes.

5th November 2024

Kate Forbes: Seafood industry success essential to Scotland

5th November 2024

ANALYSIS

ANALYSIS

While shrimp exports from Ecuador reached almost 350,000 tonnes in the second-quarter this year – for the first time in the trade’s history, and representing an 11% increase year-on-year, the third-quarter failed…

5th November 2024

Ecuadorian shrimp fails to repeat record volume

5th November 2024

SEAFOOD

SEAFOOD

In October, Norway’s seafood exports reached a record-high of NOK 18.5 billion, an increase of 5% over the same month last year.

5th November 2024

Norway achieves record-breaking month for exports

5th November 2024

BUSINESS & FINANCE

BUSINESS & FINANCE

Accent Equity has agreed to acquire Brimer from Entec Group, with the transaction expected to close in autumn 2024, pending regulatory approval and closing conditions.

4th November 2024

Accent Equity to acquire composite manufacturer

4th November 2024

AQUACULTURE

AQUACULTURE

Specialist agriculture investor AgDevCo has signed a long-term investment with Tropo Farms, a leading tilapia fish producer in West Africa and among the largest in Sub-Saharan Africa. 

30th October 2024

Trojo secures millions to fund tilapia production

30th October 2024