News

INSIGHT

INSIGHT

As production gathers pace worldwide, one UK firm has launched a new buoy to help farms better monitor and cultivate their crops.

25th April 2022

Seaweed farming up close

25th April 2022

SHIP DESIGN

SHIP DESIGN

NSK Ship Design has designed a battery-hybrid wellboat with a 2,800 cubic metre capacity for Ervik Havfiske and Husøy Fiskeriselskap, which are investing in the sector.

25th April 2022

Confidence in wellboats

25th April 2022

AQUACULTURE

AQUACULTURE

Ice Fish Farm AS’s board has approved the share purchase of Laxar Fiskeldi ehf, moving forward the agreement between majority shareholders agreement made in December last year for Ice to acquire Laxar…

25th April 2022

Laxar sale moves forward

25th April 2022

POWER & PROPULSION

POWER & PROPULSION

Finland-headquartered technology group Wärtsilä has written-off approximately €200 million related to assets and business operations in Russia, in the wake of the ongoing war in Ukraine. 

22nd April 2022

Wärtsilä writes off millions

22nd April 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

SEAFOOD

SEAFOOD

Coinciding with US National Seafood Month in October, the Global Seafood Alliance (GSA) has launched its first consumer marketing campaign. 

21st April 2022

GSA consumer campaign

21st April 2022

SEAFOOD

SEAFOOD

Land-based salmon farming company Proximar Seafood AS has reached an agreement with Marubeni Corporation whereby Marubeni will be the exclusive distributor in Japan for all the Atlantic salmon produced by the closed recirculating aquaculture…

21st April 2022

Proximar inks Japan deal

21st April 2022

SEAFOOD

SEAFOOD

The Global Sustainable Seafood Initiative (GSSI) has confirmed that South Africa-headquartered Woolworths has joined as a Funding Partner and is the first African retailer to become a member of the public-private partnership.

21st April 2022

Woolworths joins GSSI

21st April 2022

AQUACULTURE

AQUACULTURE

With new technologies and artificial intelligence attracting increasing attention from the aquaculture space, leading Japanese sushi chain Kura Sushi has elected to support the country’s fish farming progress through its new subsidiary…

20th April 2022

Serving up AI-raised fish

20th April 2022

SEAFOOD

SEAFOOD

Despite heavily interrupted trade with Russia – brought by the ongoing Ukraine conflict – and increased costs, Vietnam exported around US$920 million worth of seafood to overseas markets in March, thereby achieving a…

20th April 2022

Vietnam export surge

20th April 2022

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

An innovative water purification system is to be trialled alongside a medicine used to treat sea lice on salmon for the first time in Scotland in what’s hoped will be a major…

20th April 2022

Scottish aquaculture first

20th April 2022

FISHERIES

FISHERIES

Forty-four commitments to protect the ocean valued at close to €1 billion have been announced by the EU for the period 2020-2022 at the seventh Our Ocean Conference (OOC) in Palau.

20th April 2022

€1bn ocean protection

20th April 2022

AQUACULTURE

AQUACULTURE

The total cumulative production of fishmeal in the first two months of this year decreased 11% compared to the corresponding period of 2021, while the overall production of fish oil was 12%…

19th April 2022

Fishmeal production falls

19th April 2022

NEWS

NEWS

UK retailer the Co-op has been audited on the quality of its seafood sourcing by an independent partnership of charities

19th April 2022

Co-op bycatch audited

19th 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

FISHERIES

FISHERIES

A huge capelin catch helped Iceland’s fishing fleet to land 40% more last month, with the capture of 145,432 tonnes of fish and shellfish, according to preliminary data from the country’s Directorate…

18th April 2022

40% jump in Iceland catch

18th April 2022

FISHERIES

FISHERIES

The Rasmussen family from Klaksvík in the Faroe Islands haven’t been shy of making investments in both fishing capacity and activities ashore, and the latest development is the delivery of new pelagic…

18th April 2022

Setting a new standard

18th April 2022

AQUACULTURE

AQUACULTURE

The joint US-Canada Center for Aquaculture Technologies (CAT) has added three leading scientists to its breeding team, with Dr Peter Kube, Carlos Pulgarin and Jeffrey Prochaska appointed to contribute to the expansion of…

18th April 2022

CAT adds to breeding team

18th April 2022