Business & Finance

AQUACULTURE

AQUACULTURE

An urchin ranching company and an environmental project developer are establishing a new business to tackle the ecological and climate challenges posed by urchin overpopulation

21st May 2024

Urchin ranching to tackle NZ kelp depletion

21st May 2024

AQUACULTURE

AQUACULTURE

Norwegian coastal cargo company Eidsvaag AS is to grow its fleet of forage carrier vessels with two new state-of-the-art vessels designed and equipped by Kongsberg Maritime.

21st May 2024

Kongsberg to design, equip two salmon farm forage carriers

21st May 2024

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Aquaculture solutions provider Ocean on Land Technology has entered a new strategic licensing agreement with Northbay Innovations (NBI) aimed at enhancing lobster and crustacean hatchery systems worldwide. The collaboration leverages Ocean on Land’s Aquahive…

21st May 2024

Ocean on Land Technology advances lobster hatchery systems

21st May 2024

SUSTAINABILITY

SUSTAINABILITY

Focusing exclusively on the multi-trillion-dollar blue economy, Ocean 14 Capital Fund I has announced it has closed on €201 million to support its mission of funding sustainable solutions to improve ocean health. 

20th May 2024

Ocean 14 Capital Fund I reaches €200m

20th May 2024

AQUACULTURE

AQUACULTURE

Urchin ranching and kelp restoration venture Urchinomics has announced Mawae Morton is to become a senior advisor for Aotearoa and take on the role of non-executive chair for the region.

15th May 2024

Urchinomics appointment enhances NZ operations

15th May 2024

AQUACULTURE

AQUACULTURE

Scottish government sees a bright future for aquaculture, but it also recognises that it’s not all plain sailing for the industry, new Minister for Employment & Investment Tom Arthur told attendees at…

14th May 2024

Scottish aquaculture open for business

14th May 2024

SEAFOOD

SEAFOOD

Europe’s association of fish processers and traders is calling on the European Commission to back the industry as it continues negotiations on a free trade agreement with Thailand.

13th May 2024

Brussels urged to safeguard EU tuna

13th May 2024

SEAFOOD

SEAFOOD

Seafood giant Thai Union Group PCL has reported a net profit of THB 1.2 billion for the first-quarter of 2024, a 53.9% increase from the adjusted net profit of Q1 2023. This…

9th May 2024

Thai Union profits rebound as demand recovers

9th May 2024

SEAFOOD

SEAFOOD

Following Mark Doherty’s promotion to Managing Director of John West in March this year, UK tinned seafood brand John West has announced the promotion of Kate Willoughby to Commercial Director, the position previously held by…

8th May 2024

John West appoints new commercial director

8th May 2024

AQUACULTURE

AQUACULTURE

Bergen, Norway, -headquartered Mowi ASA has reported first-quarter 2024 revenues of €1.33 billion, compared with €1.36 billion generated in the corresponding quarter of last year. Its Q1 2024 operational profit was €201…

8th May 2024

Challenging opening quarter for Mowi Norway

8th May 2024

SEAFOOD

SEAFOOD

Seafood worth NOK 13.9 billion was exported by Norway last month, representing an increase of NOK 924 million or 7% compared with April 2023.

7th May 2024

Record April for Norwegian exports

7th May 2024

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Expansion of Norwegian seafood company Vikenco’s Rindarøya processing plant capacity with tailored systems from Optimar will increase the facility’s slaughter capacity from 40,000 tonnes to 120,000 tonnes per year.

7th May 2024

Optimar tripling Vikenco’s slaughter capacity on Rindarøya

7th May 2024

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Through a deal finalised at the Seafood Processing Global exhibition in Barcelona, processing technology supplier BAADER will outfit a new Grieg Seafood salmon facility with a state-of-the-art post-rigor fillet solution. This cutting-edge…

7th May 2024

BAADER, Grieg Seafood ink salmon processing plant deal

7th May 2024

SEAFOOD

SEAFOOD

Silver Bay Seafoods has completed its takeover of Trident Seafood’s processing facility in Ketchikan, Alaska.

1st May 2024

Trident concludes Ketchikan sale

1st May 2024

ANALYSIS

ANALYSIS

An estimated 1.08 million tonnes of aquatic organisms were farmed in the European Union in 2022, with the total production valued at €4.9 billion, according to the latest statistics from the European…

1st May 2024

EU aquaculture lingers at less than 1.1 million tonnes

1st May 2024

SEAFOOD

SEAFOOD

Held in Barcelona for the third time, Seafood Expo Global/Seafood Processing Global, the world’s largest seafood trade show, closed its 30th edition with record breaking figures, making it the largest edition in…

30th April 2024

Seafood Expo Global/Seafood Processing Global breaks records

30th April 2024

SEAFOOD

SEAFOOD

AIPCE-CEP, EAPO, Europêche and FEAP, representing the EU’s fisheries and aquaculture industries, announced their intent to form a strategic alliance aimed at advancing shared goals and promoting critical industry priorities on a broader stage…

26th April 2024

New seafood alliance launched for Europe

26th April 2024

LAND-BASED FARMING

LAND-BASED FARMING

Aquafeed giant Skretting has committed to supply feed to the hybrid flow-through salmon project, in a partnership that strengthens its immediate commercial and future strategic positions. 

22nd April 2024

Skretting and Iceland’s LAXEY enter long-term partnership

22nd April 2024

SEAFOOD

SEAFOOD

Norway-based seafood investor Bluefront Equity has launched its second investment fund and has already secured US$ 50 million for sustainable seafood investments, including commitment from one of the world’s most renowned impact…

22nd April 2024

Bluefront introduces next impact seafood investment fund

22nd April 2024

SEAFOOD

SEAFOOD

United States industry trade group the National Fisheries Institute Sushi Council has announced its roster of founding members. Following a successful membership campaign, the Council has engaged 26 companies to support its food…

10th April 2024

NFI Sushi Council announces founding members

10th April 2024