Business & Finance

INSIGHT

INSIGHT

Russia typically produces around 100,000 tonnes of crab each year. This catch has always been one of the most profitable segments of the country’s fisheries sector, with volumes mainly oriented towards export…

8th January 2024

Russia’s crab industry continues to thrive

8th January 2024

SEAFOOD

SEAFOOD

The first tuna auction of the New Year at Tokyo’s Toyosu Market on 5 January 2024 saw seafood wholesaler Yamayuki and sushi chain Onodera Group pay over JPY 114.2 million – around…

8th January 2024

Giant tuna sells for $791,000 at first Tokyo auction

8th January 2024

SEAFOOD

SEAFOOD

Carsoe is selling its plate freezer business, Freezertech, to focus on its core business of developing, manufacturing, distributing and servicing onboard seafood processing systems.

5th January 2024

Carsoe sells freezer arm to focus on onboard processing

5th January 2024

SEAFOOD

SEAFOOD

Norway exported record values of seafood in 2023 thanks to high prices and a weak krone.

4th January 2024

Record year of exports for Norwegian seafood

4th January 2024

BUSINESS & FINANCE

BUSINESS & FINANCE

The founders of Icelandic seafood company, Samherji have set up a new company to drive innovation and create jobs in the Eyjafjördur region.

3rd January 2024

Samherji founders set up innovation company

3rd January 2024

SEAFOOD

SEAFOOD

While artificial intelligence (AI) will have a significant impact on the food industry, it is important not to treat it like a magic bullet. Instead, food safety protocols should be firmly in…

3rd January 2024

LRQA: AI tech not a ‘magic bullet’ for food safety

3rd January 2024

SEAFOOD

SEAFOOD

Trade and marketing body Seafood Scotland has announced the appointment of French national Marie-Anne Omnes as its Head of Trade Marketing (Europe). The role is based in Edinburgh.

22nd December 2023

Seafood Scotland seeks European market growth with new hire

22nd December 2023

AQUACULTURE

AQUACULTURE

American Industrial Partners Capital Fund VII, LP, an investment fund managed by American Industrial Partners, has become the majority and controlling shareholder in AquaShip AS and Intership AS and will merge the…

20th December 2023

AquaShip, Intership merge to create aqua service vessel giant

20th December 2023

POWER & PROPULSION

POWER & PROPULSION

Norway-based maritime system supplier Brunvoll AS has signed a contract with Westcon Yards for the delivery of an array of products to new pelagic fishing vessel Quantus – for owner MV Quantus…

14th December 2023

Brunvoll lands Scottish newbuild propulsion contract

14th December 2023

FISHERIES

FISHERIES

The UK fishing industry will have access to 420,000 tonnes of fishing opportunities worth up to GBP 700 million after agreements were reached with the EU and Norway, UK government has confirmed.

11th December 2023

UK secures £970m worth of fishing

11th December 2023

FISHERIES

FISHERIES

The EU has successfully concluded agreements with the UK and Norway, and bilaterally with Norway, for fishing opportunities for next year.

11th December 2023

2024 fishing deals agreed by EU, UK and Norway

11th December 2023

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Seafood processing equipment supplier Carsoe has secured a contract to equip a new vessel being built for New Zealand fishing company Talley’s Group with an onboard multispecies factory.

8th December 2023

Talley’s trawler to get Carsoe multispecies factory

8th December 2023

SEAFOOD

SEAFOOD

US seafood body National Fisheries Institute (NFI) is to become the home of the Global Shrimp Council as the group begins work to create a precompetitive partnership designed to promote US shrimp…

6th December 2023

NFI teams up with Global Shrimp Council

6th December 2023

SEAFOOD

SEAFOOD

Norway sold NOK 16.7 billion worth of fisheries and aquaculture products to a total 118 overseas countries last month, some 17% or NOK 2.4 billion more than in November 2022. For the…

6th December 2023

Weak currency helping Norwegian seafood exporters to another record

6th December 2023

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Ålesund-based Multi Kulde Vest has become a wholly-owned subsidiary of Norwegian refrigeration technology company Perfect Temperature Group (PTG), part of the Nordic Climate Group.

6th December 2023

Multi Kulde Vest fully-joins PTG, Nordic Climate

6th December 2023

FISHERIES

FISHERIES

A major court case has ended with the Netherlands acknowledging it is likely fraud is likely happening across its entire fisheries sector. The admission came in a ruling from the Hague Administrative Court…

5th December 2023

Netherlands admits widespread fisheries fraud ‘likely’

5th December 2023

FISH HANDLING

FISH HANDLING

Temperature solutions provider PTG has secured contracts for the record delivery of 17 onboard refrigerated sea water (RSW) plants to Karstensens Shipyard in Denmark and three RSW plants to Westcon Yards in Norway. 

30th November 2023

PTG to supply RSW systems for seven new fishing vessels

30th November 2023

FISHERIES

FISHERIES

European Council’s new regulation for autonomous EU tariff quotas (ATQs) for certain fishery products has been called into question for granting certain third-country seafood species access to the EU market at reduced…

29th November 2023

European fishers irked by import-friendly ATQ regs

29th November 2023

SEAFOOD

SEAFOOD

The EU Council has unanimously adopted a regulation opening autonomous EU tariff quotas (ATQs) for certain fishery products for the years 2024, 2025 and 2026, plus new rules for their management.

28th November 2023

EU adopts autonomous tariff quotas for next three years

28th November 2023

ANALYSIS

ANALYSIS

A more positive production outlook is expected across the shrimp and fin-fish aquaculture sectors next year, according to the findings of the latest seafood industry survey conducted by Rabobank and the Global Seafood…

28th November 2023

Less turbulence, more optimism for aquaculture in 2024

28th November 2023