New industry association to support sustainable aquaculture in Iceland
The Iceland Aquaculture & Oceans Forum (IAOF) brings together ten leading companies to create a new industry association with the primary goal of supporting sustainable aquaculture.
Lower harvested volume and higher feed prices weigh down Måsøval’s results in Q1 2023
The company records a loss after tax of NOK 31 million due to the reduction in the fair value adjustment of biomass and extraordinary restructuring-related costs incurred.
New Science Plan for Salmon Farming in Chile
The plan is designed to contribute to the sustainability of the sector and will involve a total investment of USD 5 million over the next 5 years.
Salmon farmers say DFO’s report on the future of aquaculture in BC not distinguish fact from fiction
The BC Salmon Farmers Association regrets that Fisheries and Oceans Canada has merely reflected the views gathered in the consultations without evaluating them.
TalentView: Bjørn Aspheim
Noray Seafood's founder and CEO managed to make the impossible possible, but he's not finished. Bjørn Aspheim is ready to take the business all over Europe.
Lerøy not entirely satisfied, despite 26% increase in revenues in Q1 2023
In addition to seafood price inflation, the challenging situation in Lerøy's farming segment in the second half of 2022 resulted in a lower-than-expected harvest in Q1.
Biological challenges mark Grieg Sefood’s Q1 2023 results
Nevertheless, the company notes that the salmon market remains strong, supporting earnings, as it awaits the final "salmon tax" proposal in Norway.
AquaBounty posts Q1 loss but remains on Nasdaq
Despite the fall in its results, Nasdaq has increased the extension granted to the salmon company, which will have 180 more days to maintain and consolidate its listing.
Startup MACROCARBON to cultivate Sargassum seaweed in the Canary Islands
Sargassum macroalgae are able of producing new raw materials for the chemical industry while fixing large amounts of CO2.
TalentView: Rajamanohar Somasundaram
Rajamanohar Somasundaram's journey into aquaculture started from a personal quest within the professional environment. Discover the story behind this entrepreneur founder and CEO of Aquaconnect, a full-stack technology platform devoted to shrimp farming in India.
Andfjord Salmon’s 2022 results, above expectations
According to the company, 2022 results demonstrate its ambition to develop the world's most fish-friendly and sustainable fish farming facility of its kind is realistic.
Blue Star Foods closes 2022 with losses despite 28% revenue growth
The company increased revenues by $2.8 million over the last year but had to deal with higher costs of goods sold and inflationary operating expenses.
Hot stories
Irish investment to “bring home” pelagic processing to Donegal
An €8.9 million investment will create 30 new jobs at Donegal Fish’s facility in Killybegs, Ireland, part of EU post-Brexit seafood funding.
“Unicorn” status for Indonesian aquaculture startup eFishery
Indonesian-based eFishery has raised US$108 million in series D funding, taking its overall valuation to USD $1.3 billion.
A new bill in Maine against aquaculture mega-farms
On Thursday, a legislative committee in Maine, U.S., gave the green light to a proposal to stop large-scale aquaculture projects. The proposal seeks to exclude such projects from the purview of state regulators.
Start-ups and investors mingle at Blue Food Innovation Summit
Sustainability, regeneration, collaboration and communication on blue food were among the topics discussed during the summit's final day.
