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    Finance

    Florida aquaculture suffers $34M blow from Hurricane Idalia

    Clam producers the hardest hit by the disaster, with total costs expected to increase as full extent of damage to Florida's aquaculture industry becomes clear.

    WTO welcomes Iceland’s contribution to the promotion of responsible fishing practices

    The government of Iceland has contributed CHF 500,000 to the WTO's Fisheries Financing Mechanism for developing countries and member states.

    Iran eyes aquaculture boost with Russia as key partner

    Iran's Deputy Minister of Agriculture, Seyed Hossein Hosseini, plans to leverage aquaculture potential, exploring cooperation with African nations and Russia.

    New American company, LocalCoho, receives substantial funding from Cuna del Mar

    LocalCoho, a new land-based company that produces high-quality Coho salmon, has secured significant new funding from Cuna del Mar.

    Océano Seafood achieves its first U.S. acquisition by purchasing Sea Fresh USA

    The Peruvian company Océano Seafood, based in Lima, has acquired the entire American company Sea Fresh USA, located in Kingston, Rhode Island.

    Iceland’s IS Haf Investments buys 53% of land-based salmon project

    IS Haf invests undiclosed sum in land-based salmon venture Thor Landeldi, planning a 20,000 ton facility in southern Iceland.
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    Dongwon explores Starkist stock market debut to back a significant acquisition move

    The Dongwon Group, the owner of the American tuna company StarKist, is reportedly taking financial steps to acquire a transport company.

    Atlantic Sapphire raises $65m in bid to get “back on track”

    The Florida land-based salmon farming giant has been beleagured by setbacks during 2023, hopes share offering will enable breakeven in 2024.

    Royal Greenland feels the pressure with $16m loss in first half of 2023

    CEO Susanne Arfelt Rajamand notes Royal Greenland is impacted by "volatile environment", but despite market challenges, she predicts better results in second half of 2023.

    Australia to accept Icelandic farmed salmon imports

    Permit "a long time in the making" says Icelandic food agency, but Iceland's farmed salmon now meets Australia's strict biosecurity rules.
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