Business & Finance

FISHERIES

FISHERIES

The UK fishing industry is to benefit from an additional 140,000 tonnes of fishing opportunities in 2023 worth £282 million.

22nd December 2022

£282m UK fishing deal

22nd December 2022

SEAFOOD

SEAFOOD

Japan’s Tokai University and multinational company Fujitsu have revealed the successful development of a new technology to inspect the freshness of frozen tuna. 

21st December 2022

AI tuna quality test

21st December 2022

FISHERIES

FISHERIES

To increase the global representation and recognition of the professionalism of fishing, the Nautical Institute has opened its membership to the UK and international commercial fishing industry. 

21st December 2022

Nautical Institute opening

21st December 2022

SEAFOOD

SEAFOOD

Sales of salmon in UK retail currently stands at a level of £1.2 billion-a-year, with the high-protein fish increasing its share of the market ahead of the busy Christmas period.

20th December 2022

Brits buy less salmon

20th December 2022

FISHERIES

FISHERIES

A much lower pelagic catch led the Icelandic fishing fleet to land 70,628 tonnes of wild-capture fish and shellfish last month, down 27% from November 2021’s 96,641 tonnes.

20th December 2022

Icelandic catch falls

20th December 2022

SHIPYARD NEWS

SHIPYARD NEWS

Shipyard Damen Maaskant and New Zealand-based seafood company Sanford Limited have signed a contract for the design and build of a new scampi vessel.

19th December 2022

Scampi newbuild order

19th December 2022

AQUACULTURE

AQUACULTURE

New Brunswick, Canada, headquartered Cooke Aquaculture Pacific has filed a complaint in the Washington State Superior Court to appeal the Washington Department of Natural Resources’ (DNR) decision to deny the renewal of…

16th December 2022

Cooke launches appeal

16th December 2022

FEED & NUTRITION

FEED & NUTRITION

Insect-based ingredients company Ÿnsect has signed two major agreements to set up production sites in the United States with milling company Ardent Mills and in Mexico with food and general services provider Corporativo Kosmos. 

14th December 2022

Robert Downey Jr-backed Ÿnsect expands

14th December 2022

FISHERIES

FISHERIES

Next year’s fishing opportunities for the fish stocks exclusively managed by the EU in the Atlantic Ocean, Kattegat, and Skagerrak, including deepsea stocks for 2023 and 2024, have been agreed by the…

14th December 2022

2023 EU catches adopted

14th December 2022

FISHERIES

FISHERIES

Bergen, Norway-headquartered pelagic fish company Pelagia AS has signed agreements with Vigner Olaisen AS and Fjellmyhr AS to purchase the remaining shares in Aquarius AS.

13th December 2022

Pelagia buys Aquarius

13th December 2022

FISHERIES

FISHERIES

Trilateral fisheries negotiations between the United Kingdom, Norway and EU have concluded with the UK fleet securing catch limits worth £202 million next year. This value represents a £33 million increase from 2022.

12th December 2022

UK nets more quotas

12th December 2022

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Norwegian aquaculture supplier companies Redox AS and Proff Kulde AS have entered into a strategic cooperation agreement to provide hygienic and energy efficient storage solutions for stun and bleed vessels. 

12th December 2022

Stun, bleed collaboration

12th December 2022

SEAFOOD

SEAFOOD

Seafood giant Thai Union Group PCL has confirmed its Corporate Venture Capital (CVC) Fund has joined other strategic and financial partners in investing in UK-based Jellagen’s £8.7 million Series A fundraising round.

9th December 2022

Jellyfish collagen funding

9th December 2022

AQUACULTURE

AQUACULTURE

Following the decision taken by the US state of Washington to end commercial finfish net pen aquaculture, a large group of industry leaders have written to the Commissioner of Public Lands Hilary…

9th December 2022

Washington aqua review

9th December 2022

AQUACULTURE

AQUACULTURE

Singapore-based impact investor Silverstrand Capital has made an additional €15 million investment in Netherlands-based aquaculture investment fund Aqua-Spark, bringing its total investment to €25 million.

8th December 2022

Silverstrand investment

8th December 2022

SEAFOOD

SEAFOOD

Norway exported NOK14.4 billion (€1.37 billion) worth of seafood in November, an increase of 19% compared to the same month last year.

7th December 2022

Norway export values soar

7th December 2022

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Nordic private equity firm Bluefront Equity has become the 51% majority owner of tech company Seacloud AS, which delivers cloud-based software and sensor technology for analysis and utilisation of management data for the fish…

7th December 2022

Bluefront in Seacloud

7th December 2022

SEAFOOD

SEAFOOD

Secondary producer of nutraceuticals, seafood products and premium marine ingredients New Zealand Coastal Seafoods Limited (NZCS) has reported a significant acceleration of its sales growth in the second-quarter of the financial year…

7th December 2022

NZCS sees sales soar

7th December 2022

SEAFOOD

SEAFOOD

Portugal and Slovenia will receive millions in funding from the European Maritime, Fisheries and Aquaculture Fund 2021-2027.

6th December 2022

Portugal, Slovenia funding

6th December 2022

FISHERIES

FISHERIES

A £3 million funding scheme to support the fisheries, marine and aquaculture sectors in Wales is now open for expressions of interest, the country’s Minister for Rural Affairs Lesley Griffiths has announced.

6th December 2022

Wales offers up support

6th December 2022