Business & Finance

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

SEAFOOD

SEAFOOD

Providing access to more than 65 million UK consumers, the free trade agreement between Australia and the United Kingdom that was recently signed by both countries has been welcomed by Seafood Industry Australia (SIA), the national…

8th May 2023

Seafood industry welcomes Australia-UK FTA

8th May 2023

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Skretting Southern Europe has launched new precision fish farming concept Skretting 360+ as part of its commitment to grow Mediterranean aquaculture while reducing its exposure to risk.

4th May 2023

Precision farming launch for Med aquaculture

4th May 2023

AQUACULTURE

AQUACULTURE

Scotland’s salmon sector has unveiled new European growth plans for its premium Label Rouge salmon, aimed at boosting the rural economy and further enhancing Scotland’s international reputation for food and drink.

1st May 2023

Export plans outlined for Scottish salmon

1st May 2023

SEAFOOD

SEAFOOD

Seafood Expo Global/Seafood Processing Global (SEG/SPG) 2023, the world’s largest trade expo for the seafood industry, reached a record in terms of exhibit space, number of exhibiting companies and total attendance for its…

1st May 2023

Barcelona seafood expo sets new records

1st May 2023

FISHERIES

FISHERIES

A new fund has launched to help finance the move towards more sustainable fisheries worldwide.

27th April 2023

New ‘blue finance’ fisheries improvement fund

27th April 2023

AQUACULTURE

AQUACULTURE

Dutch Yellowtail kingfish producer, The Kingfish Company, has reported a strong improvement in earnings during Q1 2023 thanks to high demand and increased prices.

24th April 2023

Kingfish begins 2023 with record sales

24th April 2023

AQUACULTURE

AQUACULTURE

Having seen energy prices skyrocket in 2022 and with the prospect of inflated winter heating and electricity bills, fish farmers across Europe were extremely nervous as last year drew to a close.…

24th April 2023

Energy crunch squeezing European aquaculture

24th April 2023

LAND-BASED FARMING

LAND-BASED FARMING

Norwegian land-based salmon farming company Salmon Evolution ASA has confirmed the book-building process for a private placement of new shares has been successfully completed, raising gross proceeds of NOK 525 million, through…

21st April 2023

Private placement for Salmon Evolution

21st April 2023

AQUACULTURE

AQUACULTURE

Bergen, Norway-headquartered salmon farming group Grieg Seafood ASA harvested approximately 15,350 tonnes of fish in the first-quarter of this year, which was 1,550 tonnes less than in the corresponding period of 2022,…

19th April 2023

Lower Q1 salmon harvest for Grieg Seafood

19th April 2023

FISHING TECHNOLOGY

FISHING TECHNOLOGY

Technical fibre manufacturer Garware has hired three executives to help strengthen its international teams in Norway, Chile and southern Europe.

19th April 2023

Garware appoints new executives

19th April 2023

AQUACULTURE

AQUACULTURE

Atlantic salmon producer Mowi ASA harvested 102,500 tonnes of gutted weight equivalent (GWE) fish in the first-quarter of this year, some 5,500 tonnes more than in the corresponding period of 2022, and…

18th April 2023

Higher first-quarter harvest for Mowi, earnings rise

18th April 2023

FISHERIES

FISHERIES

Reykjavik, Iceland-based fisheries company Brim hf has completed the acquisition of a 50%-share in Polar Seafood Denmark A/S.

18th April 2023

Brim completes Polar Seafood purchase

18th April 2023

AQUACULTURE

AQUACULTURE

Aquaculture body Salmon Scotland has asked Scottish government not to put politics before employment when considering a proposed ban on all marine activity in Scottish waters.

17th April 2023

Scottish government urged to prioritise seafood jobs

17th April 2023

AQUACULTURE

AQUACULTURE

Norwegian aquaculture technology supplier Fjord Maritime has won a contract to convert an oil platform supply vessel (PSV) to a containerised battery powered live fish carrier (LFC).

17th April 2023

Fjord Maritime lands live carrier contract

17th April 2023

FISHERIES

FISHERIES

Winners of the 2023 Icelandic Fisheries Bursary Awards have been announced at a ceremony held at the Brúin in the Iceland Ocean Cluster, Reykjavik.

14th April 2023

Icelandic Fisheries Bursary Award winners named

14th April 2023

FISHERIES

FISHERIES

Plans to mobilise US$100 million to safeguard the ocean and sustainable seafood supplies over the next decade have been laid out by the Marine Stewardship Council (MSC).

13th April 2023

MSC ups sustainability drive by $100m

13th April 2023

AQUACULTURE

AQUACULTURE

One year ago, Russian troops crossed the Ukrainian border, triggering the bloodiest conflict the European continent has seen since the Second World War. Since then, Ukrainian fish farmers have sustained tremendous losses,…

12th April 2023

Ukrainian aquaculture – one year on

12th April 2023