Business & Finance

BUSINESS & FINANCE

BUSINESS & FINANCE

EFTA States and India have signed a landmark Trade and Economic Partnership Agreement (TEPA) which is expected to bring significant economic benefits, such as better-integrated and more resilient supply chains, and new…

13th March 2024

Norway’s seafood industry welcomes EFTA-India trade deal

13th March 2024

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

US seafood harvester and processor Trident Seafoods is entering the final stages of closing deals for three of its Alaska shoreside plants, with multiple parties interested in a fourth plant. The Seattle,…

13th March 2024

Trident Seafoods close to finalising deals for Alaska plants

13th March 2024

SEAFOOD

SEAFOOD

February 2024 marks three years of consecutive growth in the value of Norwegian seafood exports.

11th March 2024

Three years of growth for Norwegian seafood

11th March 2024

BUSINESS & FINANCE

BUSINESS & FINANCE

Fish health market leader STIM has been acquired by Summa Equity.

6th March 2024

STIM acquired by equity firm

6th March 2024

SEAFOOD

SEAFOOD

Norcod is to benefit from a US$5 million cash injection from North American frozen seafood company, High Liner Foods.

4th March 2024

Norcod gets US$5m cash injection

4th March 2024

INSIGHT

INSIGHT

Quality is close to the heart of John Angus, Senior Sales Manager at Pelagia Shetland Ltd, and this dedication by him and the rest of the team to ensure best-practice procedures in…

1st March 2024

Scottish pelagic processor puts quality and sustainability at the heart of its operations

1st March 2024

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Icelandic investor Kaldbakur ehf has acquired fish processing systems provider Optimar International AS, following negotiations with the company’s previous shareholders, the German investment holding Franz Haniel & Cie GmbH as well as…

29th February 2024

Kaldbakur acquires Optimar in strategic move

29th February 2024

AQUACULTURE

AQUACULTURE

Lerøy Seafood Group ASA (LSG) achieved revenue of NOK 30 billion for the first time in its history last year, the Bremen, Norway, -headquartered fish farming and fishing company has confirmed.

29th February 2024

Record revenue for Lerøy Seafood Group

29th February 2024

AQUACULTURE

AQUACULTURE

Aquaculture company Barramundi Group Ltd has secured a facility offer of BND $15 million from a Bruneian financial institution to expand its operations in the country.

29th February 2024

Barramundi Group to expand Brunei operations

29th February 2024

NEWS

NEWS

BioMar has appointed the experienced animal nutrition and aquaculture profile Cedric van den Bossche as vice president for the Asia division.

27th February 2024

BioMar appoints new vice president for Asia markets

27th February 2024

AQUACULTURE

AQUACULTURE

With marine aquaculture in Alaska contributing to economic opportunities for coastal communities through the farming of shellfish and seaweed, and to document the continued growth of the industry, NOAA Fisheries has released its…

26th February 2024

First Alaska aquaculture report released

26th February 2024

SUSTAINABILITY

SUSTAINABILITY

Views and expertise on the environmental, social and economic consequences of a potential ban on EU sales and international trade of loose shark fins are being sought by the European Commission in…

22nd February 2024

Brussels calls for evidence on a potential ban on sales of loose shark fins

22nd February 2024

SEAFOOD

SEAFOOD

The National Fisheries Institute (NFI) has announced the formation of the NFI Sushi Council, a pre-competitive stakeholder group made up of harvesters, processors, distributors and end-users at retail and foodservice. Together they…

20th February 2024

American sushi council begins inaugural year

20th February 2024

NEWS

NEWS

Bakkafrost recorded revenues of DKK 1,562 million in the fourth quarter of 2023, compared with DKK 1,940 million in the corresponding quarter of 2022.

20th February 2024

Bakkafrost reveals strong results in 2023

20th February 2024

AQUACULTURE

AQUACULTURE

Scottish salmon has once again been named the UK’s top food export as sales grow 0.5% in 2023 to £581 million.

19th February 2024

Scottish salmon crowned UK’s top food export

19th February 2024

AQUACULTURE

AQUACULTURE

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.

16th February 2024

Solid fourth quarter ends a record year for SalMar

16th February 2024

AQUACULTURE

AQUACULTURE

Mowi ended 2023 with record revenues of €5.5 billion, operational profit of €1.028 million and harvest volumes of 475,000 tonnes.

15th February 2024

Record 2023 for Mowi

15th February 2024

SEAFOOD

SEAFOOD

Consumer demand for seafood in the United States has risen over the last three decades, according to new analysis from the National Oceanic and Atmospheric Administration (NOAA), with per capita consumption of…

13th February 2024

US seafood trade deficit exceeds $20.3 billion

13th February 2024

SEAFOOD

SEAFOOD

Norway exported seafood worth NOK 13.3 billion in January 2024 – an increase of NOK 640 million, or 5% on January 2023.

6th February 2024

Norwegian seafood exports still in sustained growth

6th February 2024

AQUACULTURE

AQUACULTURE

NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, has confirmed the establishment of a joint-venture (JV) with Tabuk Fisheries Company. Endorsed by the Ministry of Environment, Water and Agriculture…

6th February 2024

NEOM enters joint-venture to establish Topian Aquaculture

6th February 2024