Business & Finance

AQUACULTURE

AQUACULTURE

SalMar has ended 2022 with solid operational performance and record levels of activity at its harvesting and processing plants.

23rd February 2023

Record activity for SalMar

23rd February 2023

AQUACULTURE

AQUACULTURE

Faroese salmon producer, Bakkafrost, has made earnings before tax and interest of DKK376 million (€50.5 million) in the last quarter of 2022 with a net loss of DKK154 million (€20.69 million).

22nd February 2023

Bakkafrost: Q4 satisfactory

22nd February 2023

AQUACULTURE

AQUACULTURE

Lerøy Seafood Group has enjoyed a record 2022 with revenues of NOK26.6 billion (€2.4 billion) thanks to high prices and strong demand for seafood.

22nd February 2023

High demand boosts Lerøy

22nd February 2023

SEAFOOD

SEAFOOD

Thai Union Group saw strong revenue growth in 2022 driven by its PetCare and ambient seafood businesses.

21st February 2023

Record growth for TU

21st February 2023

SEAFOOD

SEAFOOD

Qatar has lifted its temporary ban on imports of frozen seafood from India, paving the way for enhanced export and improved bilateral relations between the two countries.

20th February 2023

Qatar ends India ban

20th February 2023

SEAFOOD

SEAFOOD

Certain countries have set “unreasonably high” standards for importing commodities as part of precautionary norms, causing concern for marine exporters from developing nations and raising production costs, one of India’s top government…

20th February 2023

India voices export worries

20th February 2023

SEAFOOD

SEAFOOD

China has lifted the suspensions that it had placed on 99 Indian seafood processing and exporting units, after acknowledging New Delhi’s assurances over source controls. 

17th February 2023

China lifts Indian vetos

17th February 2023

SEAFOOD

SEAFOOD

Seafood traceability platform BlueTrace has confirmed an additional US$ 3.2 million in seed funding, bringing the company’s fundraising total up to $4.1 million.

17th February 2023

More funds for tech firm

17th February 2023

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

Norwegian longliner company Leinebris AS has chosen Carsoe as the factory supplier for its fleet’s newest addition – a vessel bearing the company’s name that will be outfitted to combine seine netting,…

16th February 2023

Longliner factory chosen

16th February 2023

SEAFOOD

SEAFOOD

India is seeking to double its income from seafood exports to US$14 billion by 2025 amid a sustained annual growth of 3% in the sector, according to Union Minister of State for…

15th February 2023

India aims to double trade

15th February 2023

AQUACULTURE

AQUACULTURE

Salmon farmer Mowi ASA recorded best-ever fourth-quarter revenues of €1.36 billion for the closing three months of 2022. The Bergen, Norway-headquartered company’s operational Q4 profit was €239 million, compared with €146 million in the corresponding quarter of 2021.

15th February 2023

Mowi ends ’22 on a high

15th February 2023

LAND-BASED FARMING

LAND-BASED FARMING

Project Sea Dragon (PSD) Pty Ltd, regarded as one of Australia’s most ambitious aquaculture ventures, has been put into voluntary administration by its owner Seafarms Group Ltd (SFG).

14th February 2023

SFG pulls farm funding

14th February 2023

FEED & NUTRITION

FEED & NUTRITION

Nutreco’s aquafeed division, Skretting, has set up a new production facility for shrimp and fish feeds in Mangrol, Surat, explaining that the high-end facility is part of its commitment towards Indian aquaculture…

14th February 2023

Skretting opens in India

14th February 2023

BUSINESS & FINANCE

BUSINESS & FINANCE

The Ocean 14 Capital fund has received an investment of €30 million from Ingka Investments, the investment arm of Ingka Group which represents retailer IKEA, to support its mission of funding sustainable solutions to improve ocean health.

13th February 2023

IKEA invests in oceans

13th February 2023

SEAFOOD

SEAFOOD

Scottish salmon was the UK’s biggest food export in 2022, new HMRC figures have confirmed.

13th February 2023

Salmon tops UK exports

13th February 2023

LAND-BASED FARMING

LAND-BASED FARMING

Holzminden, Germany-headquartered Symrise Aqua Feed has widened its sales team in Asia-Pacific by recruiting two experts, Dr Puttitorn Saengrungruang in Thailand, and Denny Sapto in Indonesia, to help the development of the…

10th February 2023

Symrise adds to APAC team

10th February 2023

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

China-based fish-farming ship Conson No. 1 has become the first large yellow croaker (Larimichthys croceus) farm to achieve the Aquaculture Stewardship Council (ASC) certification. 

9th February 2023

Smart aqua-ship gets ASC

9th February 2023

LAND-BASED FARMING

LAND-BASED FARMING

Nordic Aqua Partners is contemplating selling shares to raise funds to expand its  Atlantic salmon production capacity.

8th February 2023

Nordic Aqua mulls fundraising

8th February 2023

INSIGHT

INSIGHT

In recent years, Polish fish farmers have developed and scaled-up their businesses – largely anticipating a steady rise in domestic fish consumption, but this past year, skyrocketing food inflation has led many…

8th February 2023

Poland in uncharted waters

8th February 2023

SEAFOOD

SEAFOOD

Norway exported NOK 12.7 billion worth of seafood in January, up by 23% on the year, largely helped by the price growth in exports.

7th February 2023

Prices fuel Norways exports

7th February 2023