Business & Finance

LAND-BASED FARMING

LAND-BASED FARMING

US land-based salmon farming company AquaBounty Technologies Inc has paused construction of its new farm in Pioneer, Ohio due to a substantial increase in its estimated cost of completion. 

5th June 2023

Rising costs halt US land-based farm build

5th June 2023

SEAFOOD

SEAFOOD

Seafood Scotland, the national trade and marketing body for Scottish seafood, has created a new key role as it works to promote the industry around the globe and at home.

2nd June 2023

Scottish seafood body ramps up engagement

2nd June 2023

ELECTRONICS & COMMUNICATIONS

ELECTRONICS & COMMUNICATIONS

California-headquartered communications company Viasat Inc has confirmed the completion of its acquisition of Inmarsat, stating that the combined company would enhance its scale and scope to continue to drive growth in the increasingly…

31st May 2023

Done deal – Inmarsat acquired by Viasat

31st May 2023

SEAFOOD

SEAFOOD

European Seafood Investment Portugal (ESIP), Thai Union’s factory in Portugal, has officially opened a new factory store that will sell ESIP’s own brand creation Peniche Can by Thai Union as well as…

31st May 2023

Thai Union opens Portugal factory store

31st May 2023

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Scottish-based fishing and aquaculture equipment supplier Gael Force Group has progressed plans to deliver its integrated SeaQureFarm in 2024 by establishing a partnership with Cunningham Covers of Northern Ireland for the prototyping…

31st May 2023

Gael Force advances new fish farming system

31st May 2023

SEAFOOD

SEAFOOD

Britain’s National Fish and Chips Day, this year occurring on Friday 2 June, has secured sponsorship from the Seafood from Norway campaign, with the Norwegian Seafood Council (NSC) initiative providing free resources…

30th May 2023

Fish and chips day nets Norwegian support

30th May 2023

AQUACULTURE

AQUACULTURE

The government of Norway has had its resource rent tax on aquaculture passed by the country’s parliament (Storting), but the controversial proposal’s rate of 35% was lowered to 25%.

30th May 2023

Norwegian salmon farming tax agreed at 25%

30th May 2023

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

New software has been developed to digitally capture and convey key data from Aquaculture Stewardship Council (ASC) certified shrimp farms and feed sources, through processing, packaging and transport to retailers.

30th May 2023

ASC launches shrimp traceability project

30th May 2023

AQUACULTURE

AQUACULTURE

With the support of Boston-based aquaculture technology firm Innovasea, new company Petros has secured government approval for a 3,000-tonne open ocean fish farm that will be located 8km off the southwest coast…

26th May 2023

Aruba’s first ocean fish farm approved

26th May 2023

FISHERIES

FISHERIES

From summer 2023, share fishermen, trawler skippers and experienced deckhands on large fishing vessels will benefit from lower fees and salary requirements. This will ensure that the fishing sector can continue to…

25th May 2023

Fishing jobs added to occupation shortage list

25th May 2023

AQUACULTURE

AQUACULTURE

Scottish salmon exports to Asia have more than doubled to GBP 24 million in response to growing demand, new HM Revenue and Customs (HMRC) figures show.

22nd May 2023

Scotland doubles Asia salmon trade

22nd May 2023

NEW HORIZONS

NEW HORIZONS

As a food, farmed Atlantic salmon is a special fish. Highly-prized across traditional and new seafood markets, the unwavering growth in consumer demand for salmon has shown little sign of flagging. Its…

22nd May 2023

Striving to stay in the fast lane

22nd May 2023

AQUACULTURE

AQUACULTURE

The new revenue tax for the Faroe Islands’ salmon farming industry proposed by the recently-elected government has been passed by parliament.

18th May 2023

Faroes parliament okays increased salmon tax

18th May 2023

INSIGHT

INSIGHT

The 6 February 2023 earthquake that shook Turkey and neighbouring Syria and took tens of thousands of lives massively disrupted the Turkish seafood industry, with the immediate suspension of all fishing and…

17th May 2023

Turkey stays resilient

17th May 2023

AQUACULTURE

AQUACULTURE

The Sustainable Aquaculture Innovation Centre (SAIC) is supporting a further six innovation projects valued at £2.5 million, bringing the total number it has funded to 100.

16th May 2023

SAIC funds landmark aquaculture project

16th May 2023

SEAFOOD

SEAFOOD

The Australian government’s 2023-2024 federal budget is a ‘missed opportunity’ for the seafood industry, says the sector’s national trade body.

15th May 2023

Australian food producers ‘overlooked’

15th May 2023

AQUACULTURE

AQUACULTURE

Salmon farmers have welcomed a Scottish government commitment to consider their call for £10 million-a-year in licence fees to help tackle a housing crisis in rural Scotland.

15th May 2023

Scottish government ‘open-minded’ about licence fees

15th May 2023

AQUACULTURE

AQUACULTURE

Mowi has recorded its highest ever operational profit of €322 million in the first quarter of 2023, thanks to record-high salmon prices.

11th May 2023

Mowi records best ever quarter

11th May 2023

NEW VESSELS

NEW VESSELS

Vesterålen company Kystdrift went to Seacon for the design of its new 50.3-metre vessel, subsequently placing the build order at the nearby Larsnes Mek Verksted yard. The SC-51 design has a 499-cubic-metre…

11th May 2023

Newbuild to combine fishing and farming

11th May 2023

AQUACULTURE

AQUACULTURE

Fifty-five billion dollars must be invested in regenerative aquaculture and technological progress by 2050 if a 20% shortfall between the global seafood demand and supply is to be avoided, according to a new…

11th May 2023

Report: $55bn needed to avoid seafood shortage

11th May 2023