Business & Finance

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

NEWS

NEWS

Bord Iascaigh Mhara (BIM) has reported strong take-up of a new support scheme to help fishing boat owners adjust their businesses in a post-Brexit market.

28th March 2022

Post-Brexit support scheme

28th March 2022

SEAFOOD

SEAFOOD

Grupo Profand has acquired a majority stake in the Greek corporation Kefalonia Fisheries.

11th March 2022

Profand acquires Kefalonia Fisheries

11th March 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

A new steering and advisory group is being formed to focus on non-quota finfish species around the UK to help ensure their continued sustainable management.

9th March 2022

Non-quota UK finfish

9th March 2022

FEED & NUTRITION

FEED & NUTRITION

SHV and Nutreco, the respective owner and sister company of global aquaculture feed company Skretting, have advised that no new investments, no new projects and no new exports to Russia will be…

7th March 2022

Aquafeed conflict response

7th March 2022

AQUACULTURE

AQUACULTURE

A new national organisation that has been formed to promote the small and medium enterprises that stock and equip Canada’s growing aquaculture sector is calling on federal government to support the industry…

28th February 2022

Canadian aquaculture lift

28th February 2022

SEAFOOD

SEAFOOD

Cell-based salmon start-up Wildtype has confirmed that it has raised US$100 million in its latest funding round, with investments coming from actor and environmentalist Leonardo DiCaprio, Bezos Expeditions, S2G Ventures Oceans and…

24th February 2022

DiCaprio, Bezos invest

24th February 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

The UK government has pledged £1.4 million for sustainable fishing and fisheries science.

23rd February 2022

Sustainable fisheries funding

23rd February 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Sunderland Marine, the fixed premium insurance division of North P&I, has appointed Mia Bredenberg as Australian branch manager with effect from 31 January 2022.

14th February 2022

Sunderland Marine

14th February 2022

LAND-BASED FARMING

LAND-BASED FARMING

Kvidul has joined forces with Israel-based AquaMaof Aquaculture Technologies to create a land-based RAS facility in Norway.

2nd February 2022

New RAS farm for Norway

2nd February 2022

POWER & PROPULSION

POWER & PROPULSION

Denmark-headquartered manufacturer Hundested Propeller A/S has announced the appointment of Henrik Hamann Juel as CEO with immediate effect.

25th January 2022

New CEO appointed at Hundested Propeller

25th January 2022

FISHERIES

FISHERIES

Following a request from the Governor of Alaska, US Secretary of Commerce, Gina M. Raimondo, has determined that a number of fishery disasters occurred across the state from 2018 to 2021.

24th January 2022

US Secretary of Commerce confirms Alaskan fishery disasters

24th January 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

A fund worth £1 million is being made available to the Welsh fishing and aquaculture community to help the industry overcome the effects of the pandemic and adapt to the changing market…

19th January 2022

£1m fund for Welsh fishing

19th January 2022

LAND-BASED FARMING

LAND-BASED FARMING

While long-term debt financing to enable the completion of the second phase of its production strategy in the Netherlands is in advanced stages, The Kingfish Company has confirmed that a bridge facility…

18th January 2022

Land-based fish farmer secures additional €10m financing

18th January 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Sea Harvest Group is to acquire the fishing and related businesses of Western Australia-based MG Kailis and its subsidiaries for AUS$70 million.

17th January 2022

Sea Harvest acquires MG Kailis

17th January 2022

AQUACULTURE

AQUACULTURE

NRS Farming, a subsidiary of Norway Royal Salmon, has acquired 100% of SalmoNor creating the world’s sixth largest salmon farmer.

12th January 2022

Norway Royal Salmon and SalmoNor to merge

12th January 2022

BUSINESS & FINANCE

BUSINESS & FINANCE

Danish processing equipment manufacturer Carsoe A/S has won a new contract from the Russian Fishery Company (RFC) for the fitting out of four of its vessels with fully-equipped onboard fish processing plants.…

12th January 2022

Russian Fishery Company places bumper follow-up onboard processing plant order with Carsoe

12th January 2022

PROCESSING & REFRIGERATION

PROCESSING & REFRIGERATION

A European research project is hoping to demonstrate that there is considerable untapped potential in utilising marine co-products and non-target by-catch species as ingredients in high-value products such as creams and dietary…

11th January 2022

European project seeks high value in seafood by-products, by-catch

11th January 2022