Business & Finance

SEAFOOD

SEAFOOD

Plant-based seafood and meat company OMG Meat has launched its latest product Plant-based Shrimp Dumplings into the Thai market, with the business citing the growing consumer demand for healthy and environmental-conscious products.

31st August 2022

OMG extends offering

31st August 2022

SEAFOOD

SEAFOOD

Faroese salmon farmer is shipping its produce directly to the States courtesy of its own air cargo service.

30th August 2022

Bakkafrost gets airborne

30th August 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

More than 500 projects in England’s catching, processing and aquaculture sectors have been awarded over GBP 9 million in UK government funding through the Fisheries and Seafood Scheme (FaSS), the Marine Management…

30th August 2022

£9m English seafood boost

30th August 2022

SEAFOOD

SEAFOOD

Seafood giant Thai Union and its subsidiary Chicken of the Sea Frozen Foods have established an alliance in North America with plant-based seafood brand, The ISH Food Company.

30th August 2022

Plant-based seafood deal

30th August 2022

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Faroe Islands-based Atlantic salmon farmer Bakkafrost Group has signed contracts with Faroese entrepreneurs Malltek, RV-tøkni and Nomatek on a 2,000-square metre expansion of Hall D at Viðareiði hatchery. 

30th August 2022

Bakkafrost expansion

30th August 2022

POWER & PROPULSION

POWER & PROPULSION

Global technology company ABB has secured a repeat order with Sefine Shipyard to deliver a comprehensive power and propulsion system to a second Frøy live-fish carrier.

26th August 2022

ABB lands hybrid contract

26th August 2022

SEAFOOD

SEAFOOD

Food processing solutions provider, Baader has established a holding company to help establish the company as a European group.

25th August 2022

Baader sets up global group

25th August 2022

SEAFOOD

SEAFOOD

India’s Marine Products Export Development Authority (MPEDA) is marking five decades of operation with an ambitious plan to increase India’s seafood exports.

24th August 2022

India’s new exports plan

24th August 2022

FEED & NUTRITION

FEED & NUTRITION

BioMar Group and Síldarvinnslan are teaming up to build a net-zero aquafeed production facility in Iceland.

17th August 2022

New net-zero feed plant

17th August 2022

AQUACULTURE

AQUACULTURE

The trade body for Scottish salmon has issued a warning over labour shortages and trade war with the EU.

16th August 2022

Salmon trade warning

16th August 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Cooke Inc, parent company of Cooke Aquaculture Inc of New Brunswick, Canada, has entered into a deal through which it will buy Australia-headquartered salmon and shrimp company Tassal Group Limited.

16th August 2022

Cooke agrees Tassal deal

16th August 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Australian salmon farming and seafood company Tassal has signed a sustainability-linked loan (SLL) for AUD 497 million of facilities, linking some of the interest charges on its loans to sustainability key performance…

15th August 2022

Tassal $497m green loan

15th August 2022

NEWS

NEWS

The Scottish salmon sector is facing continued challenges following Brexit and the pandemic, according to new HMRC figures.

15th August 2022

Challenges for Scots salmon

15th August 2022

AQUACULTURE

AQUACULTURE

An amendment to US laws banning imports of EU caviar to the United States has sparked worries with the Federation of European Aquaculture Producers (FEAP).

11th August 2022

Caviar trade concerns

11th August 2022

SEAFOOD

SEAFOOD

Some NOK 11.6 billion worth of fisheries and aquaculture products were exported by Norway to overseas markets last month – the best July on record, confirms the latest figures from the Norwegian…

9th August 2022

Norwegian export growth

9th August 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

The UK government has awarded nearly £1.3 million in funding to help improve the sustainability and resilience of the fishing, aquaculture and seafood sectors.

5th August 2022

Govt funding for UK seafood

5th August 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

The UK government is being urged to take immediate action to support exports of salmon held up by cross-Channel delays.

4th August 2022

Fresh salmon border delays

4th August 2022

SEAFOOD

SEAFOOD

The UK government is being urged to use its UK Seafood Fund to prioritise the ‘wild catching’ sector, which operates mainly offshore but also in some inland waters.

25th July 2022

UK seafood fund priorities

25th July 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Icelandic processing equipment firm Marel has announced plans to reduce its global workforce by 5% in order to improve its operational performance, which it says has fallen “below expectations”.

22nd July 2022

Marel to cut workforce

22nd July 2022

FISHING GEAR

FISHING GEAR

Finland-headquartered technology group Wärtsilä has completed its exit from the Russian market following its announcement of scaling down activities in April this year. 

21st July 2022

Wärtsilä leaves Russia

21st July 2022