Business & Finance

AQUACULTURE

AQUACULTURE

Faroe Islands-headquartered salmon farmer Bakkafrost Group has advised that preliminary results of the unaudited consolidated accounts for the second-quarter 2023 indicate a lower-than-expected operational earnings before interest and taxes (EBIT).

17th July 2023

Bakkafrost issues Q2 profit warning

17th July 2023

AQUACULTURE

AQUACULTURE

Bergen, Norway-headquartered Mowi ASA posted operational earnings before interest and taxes (EBIT) of approximately €300 million for the second-quarter of this year, some €20 million less than in the corresponding period of…

17th July 2023

Mowi Q2 harvest increases but earnings fall

17th July 2023

BUSINESS & FINANCE

BUSINESS & FINANCE

“The potential for land-based aquaculture is huge,” says Kjetil Haga, founding partner of impact seafood investor Bluefront Equity, “and a lot of that is down to events taking place in the salmon…

13th July 2023

Bluefront Equity takes a niche approach

13th July 2023

BUSINESS & FINANCE

BUSINESS & FINANCE

While working in Norway between 1998 and 2014, Dr Woo-Jai Lee, CEO and founder of genomics and precision-breeding aquaculture firm BluGen, gained a deeper insight into the South Korean fish farming industry.…

13th July 2023

Multi-storey RAS for high-value production

13th July 2023

SEAFOOD

SEAFOOD

New Zealand has negotiated a free trade agreement with the EU worth an immediate NZ$20 million in tariff reductions to its seafood industry.

12th July 2023

Seafood boost as NZ, EU agree free trade deal

12th July 2023

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

International research organisation WorldFish has embarked on an initiative with Norway aimed at refining, testing and scaling innovative renewable energy solutions for the aquaculture sector in Egypt. 

11th July 2023

WorldFish, Norway target Egyptian aqua growth

11th July 2023

AQUACULTURE

AQUACULTURE

Norwegian-headquartered salmon farmer SalMar ASA harvested 44,300 tonnes of head-on gutted (HOG) salmon in the second-quarter of this year, up 11,900 tonnes on the corresponding period of 2022, with increased volumes coming…

10th July 2023

Increased Q2 salmon harvest for SalMar

10th July 2023

SEAFOOD

SEAFOOD

Norway has exported seafood worth NOK82.3 billion in the first half of 2023, despite a drop in export volumes.

7th July 2023

Norwegian export values at highest level ever

7th July 2023

BUSINESS & FINANCE

BUSINESS & FINANCE

Grimsby and the wider Humber region is synonymous with fish. It is home to most of the UK’s largest processing companies and manufactures around 80% of the country’s seafood. It’s also estimated…

6th July 2023

Great Grimsby looks to lead UK’s RAS revolution

6th July 2023

LAND-BASED FARMING

LAND-BASED FARMING

First Water hf, formerly known as Landeldi hf, which is farming salmon on land in Þorlákshöfn, Iceland, has completed a new financing round worth ISK12.3 billion.

4th July 2023

Icelandic salmon farm raises new capital

4th July 2023

FISHERIES

FISHERIES

A new sustainable fisheries partnership agreement (SFPA) has been signed by the European Union and Madagascar which will allow 65 tuna fishing vessels from EU member states to access Madagascar waters for…

4th July 2023

EU, Madagascar agree fisheries partnership

4th July 2023

SEAFOOD

SEAFOOD

Responding to priorities identified by the United Kingdom’s seafood industry and the government, public body Seafish has launched its new Corporate Plan 2023-2028. 

22nd June 2023

UK’s Seafish unveils new corporate plan

22nd June 2023

AQUACULTURE

AQUACULTURE

Refrigerant and heating manufacturer, Proff Kulde, has acquired welding company, Paulsen Sveiseservice.

21st June 2023

Proff Kulde acquires welding company

21st June 2023

LAND-BASED FARMING

LAND-BASED FARMING

A strategic partnership has been established between land-based aquaculture company Andfjord Salmon and fish handling technology provider Cflow to develop the former’s facility at Andøya, Norway.

20th June 2023

New partners to advance land-based salmon farm

20th June 2023

AQUACULTURE

AQUACULTURE

Salmon Evolution has awarded Artec Aqua the contract to design phase 2 of its new land-based grow-out salmon farming facility at Indre Harøy, Norway.

19th June 2023

Artec Aqua wins salmon farm design contract

19th June 2023

AQUACULTURE

AQUACULTURE

BioMar is expanding its marine hatchery trial facilities at the company’s Aquaculture Technology Centre (ATC) Hirtshals in Denmark.

19th June 2023

BioMar expands hatchery trials facility

19th June 2023

AQUACULTURE

AQUACULTURE

Cod farming company Norcod AS has entered into an agreement to purchase 100% of the shares in mid-Norwegian harvester Kråkøy Slakteri AS and TN Kråkøy Eiendom AS. 

15th June 2023

Norcod acquires fish harvesting business

15th June 2023

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Dundee, Scotland, -based aquaculture technology company Ace Aquatec has secured an investment from cleantech investor Earth Capital Limited (ECL) to grow its portfolio of products and markets. ECL joins existing investors Aqua-Spark and…

7th June 2023

Ace Aquatec lands new backers for growth plans

7th June 2023

SEAFOOD

SEAFOOD

Norway exported NOK 13.1 billion worth of seafood in May, an increase of NOK 816 million, or 7% over the same time last year.

6th June 2023

Norwegian exports up – only due to weak kroner

6th June 2023

AQUACULTURE

AQUACULTURE

Falcon Bidco AS, a company indirectly wholly-owned by infrastructure funds managed by Goldman Sachs Asset Management, has entered into an agreement with NTS AS, a wholly-owned subsidiary of SalMar ASA and Frøy…

5th June 2023

Goldman Sachs to buy NOK 6.6 billion Frøy

5th June 2023