‘Major milestone’ for algal oil plant

A JOINT venture that aims to revolutionise aquaculture with its sustainable omega-3 oil from natural marine algae has celebrated a major milestone in the construction of its new US production site. Production as the Nebraska plant, being built by Veramaris, Royal DSM and Evonik, is due to come on stream in mid-2019, when commercial quantities…

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US reports big reduction in overfishing

THE United States has reported a dramatic reduction in the amount of overfishing around its coastline. The National Oceanic and Atmospheric Administration (NOAA), which is the supervisor organisation for the industry, has sent a report to Congress stating that the number of stocks on the overfishing list are now at an all-time low. NOAA said…

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Bakkafrost plans new biogas plant

BAKKAFROST, the largest salmon farming company in the Faroe Islands, has announced plans to invest in a new biogas plant, working in collaboration with other Faroese fish farmers and local dairy farmers. The plant will use waste products from fish and dairy farming to produce energy and fertiliser. The project is one of a number…

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Fly meal firm raises further funding

FLY farmer and waste-to-nutrient pioneer AgriProtein has raised a further $105 million in funding, marking a new high in investor appetite for the insect protein sector. The latest investment, together with additional local project finance for a series of its alternative feed plants in Africa, the Middle East and Asia, puts South African based AgriProtein…

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Faroes and Greenland agree wild salmon ban

GREENLAND and the Faroe Islands have agreed to halt all commercial salmon fishing for the next few years in an effort to allow wild stocks to recover, including those in Scotland’s River Tweed. In the case of the Faroe Islands, which is well established as a major salmon farming country, the government in Torshavn has…

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Norwegian land based salmon farm on track

PLANS for Norway\’s first commercial land based aquaculture production plant for salmon in the east of the country are moving ahead. The company behind the project is Fredrikstad Seafoods, which is largely owned by Nordic Aquafarms, the company behind a recently announced $500 million land based salmon farm in the US state of Maine. The…

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‘Happy day’ as MH opens £26.5m hatchery

MARINE Harvest’s new £26.5 million recirculation hatchery in Inchmore, Glenmoriston, was a ‘magnificent investment’ for Scotland and the future of the aquaculture sector, said rural affairs minister Fergus Ewing as he officially opened the building this morning. In front of local councillors, members of the community, the construction team, and the Fort William based company’s…

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Fish Update Briefing, Friday, June 1

HOOKED – A COD FULL OF PLASTIC A 54-year-old Norwegian recreational fisherman Siv Ingebrigtsen received the shock of her life when she pulled in a 11 kilo cod recently to find the fish was full of plastic. She said the plastic included a over a metre of packing tape and a bunch of other tape,…

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Young's confirms Pinneys closure

YOUNG’S Seafood has confirmed that it is going ahead with its decision to close its Pinneys factory in Annan. The site employs 450 people, more than four per cent of a town which has a total population of a little under 10,000. But when pitched against the size of the workforce, the figure is probably…

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Stirling deal funds new Institute of Aquaculture

A TOTAL of £90.2 million is being invested into Stirling and Clackmannanshire by the Scottish and UK governments that will benefit aquaculture developments in the region. The money – £45.1 million for each area – is part of the City Region Deals, which are designed to drive economic growth. The University of Stirling will receive…

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