Business & Finance

AQUACULTURE

AQUACULTURE

Icelandic fishing company Síldarvinnslan hf has reached an agreement to purchase over 34% of the shares in salmon farming company Arctic Fish Holding AS for almost NOK 1.1 billion.

13th June 2022

Arctic Fish nets new shareholder

13th June 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Food processing equipment and software giant Marel has successfully closed the US$ 540 million acquisition of Wenger, a Kansas-based processing solutions provider for the petfood, plant-based proteins and aquafeed sectors. 

10th June 2022

Marel ties up Wenger deal

10th June 2022

FISHERIES

FISHERIES

The ongoing conflict in Ukraine could put a €300 million hole in the EU-27 fishing fleet’s profits this year, the European Commission has warned.

8th June 2022

Ukraine war hits EU fishers

8th June 2022

LAND-BASED FARMING

LAND-BASED FARMING

Icelandic salmon farming company Arnarlax has signed a share purchase agreement for the remaining 50% of shares in Eldisstöðin Ísþór smolt facility in Þorlákshöfn.

6th June 2022

Arnarlax acquires smolt facility

6th June 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

A new €25 million government scheme has been launched to support Ireland’s coastal communities post-Brexit.

6th June 2022

Irish post-Brexit funding

6th June 2022

SEAFOOD

SEAFOOD

Canada’s government has placed additional sanctions on Russian oligarchs in response to the continued aggression on Ukraine, alongside bans on imported goods, including fish and seafood, and on the export of luxury…

24th May 2022

Canada bans Russian fish

24th May 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Applications are open for a relaunched scheme to support the sustainability, resilience and prosperity of England’s seafood sector.

23rd May 2022

Seafood scheme opens

23rd May 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Salmon Scotland has written to the Prime Minister to raise concerns about the impact of a ‘trade war’ with Europe following a Commons statement from the Foreign Secretary, Liz Truss.

20th May 2022

Seafood trade war fears

20th May 2022

FISHERIES

FISHERIES

The Australian government is investing AUS$1.5 million in improving mental health support for commercial fishers across the country. 

16th May 2022

Fishers wellbeing support

16th May 2022

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

The winners of this year’s Aquaculture Awards have been announced at a celebratory dinner at Aquaculture UK in Aviemore, Scotland. 

9th May 2022

Aquaculture UK Awards 2022

9th May 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

New Zealand seafood company Sanford Limited has agreed the unconditional sale of its spiny (red) rock lobster quota in Fisheries Management Areas CRA7 and CRA8.

4th May 2022

Sanford sells lobster quota

4th May 2022

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Mairi Gougeon, Scotland’s Rural Affairs Secretary has reaffirmed the government’s commitment to reform the country’s aquaculture sector.

3rd May 2022

Scottish aquaculture reform

3rd May 2022

LAND-BASED FARMING

LAND-BASED FARMING

Land-based salmon producer AquaBounty has broken ground on the construction of its first 10,000-tonne Atlantic salmon farm in Pioneer, Ohio. 

22nd April 2022

Ohio salmon farm underway

22nd April 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Satellite tagging stingrays, translocating sea urchins and developing deepsea cameras are among 22 projects and fisheries to have been awarded new funding by sustainable seafood certification and ecolabelling programme, the Marine Stewardship…

21st April 2022

$1m sustainability boost

21st April 2022

LAND-BASED FARMING

LAND-BASED FARMING

The Netherlands-based yellowtail producer The Kingfish Company NV has entered into a Senior Facilities Agreement with P Capital Partners AB (PCP) for a five-year ESG-linked €75 million bilateral debt facility.

19th April 2022

Yellowtail farmer lands loan

19th April 2022

SEAFOOD

SEAFOOD

Kraisorn Chansiri, Founder and Chairman of Bangkok-based seafood giant Thai Union (TU), has resigned after receiving civil actions from Thailand’s Security and Exchange Commission (SEC) for alleged insider trading.

19th April 2022

Thai Union chief resigns

19th April 2022

SUSTAINABILITY

SUSTAINABILITY

The UN’s International Fund for Agricultural Development (IFAD) and the government of Haiti have signed a financing agreement to implement the Inclusive Blue Economy Project (I-BE).

13th April 2022

IFAD funds Haiti project

13th April 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

The latest round of awards from the first year of the Marine Fund Scotland (MFS) has provided fishing businesses and marine organisations in coastal communities with £7.4 million in funding.

6th April 2022

Marine Fund Scotland

6th April 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Europe’s fishers have welcomed measures to help support the industry following Russia’s invasion of Ukraine.

4th April 2022

Crisis support welcomed

4th April 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

The European Union is committing an additional €500 million to financial intermediaries investing in the blue economy.

30th March 2022

Blue economy fund

30th March 2022