NEWS
Princess Royal to open Seawork trade show
HRH The Princess Royal will officially open the Seawork trade show and conference on Tuesday 11 June 2024, marking the 25th edition of Europe’s leading commercial marine exhibition. The Princess...
US seafood industry calls for aquaculture funding
US lobby group Stronger America Through Seafood (SATS) is officially requesting that funding for offshore aquaculture be approved by Congress. SATS has submitted a letter to the Chair of the...
Mowi raises millions in green bonds issue
Salmon giant Mowi has successfully raised around £255m (€298m/NOK 3.5bn) in green bonds. Mowi said green bond finance will be used for sustainable and environmentally friendly projects as defined by...
Spike in demand
Sea cucumbers may not look too appetising to the Western consumer, but their potential in the export market is huge, Robert Outram finds In a series of man-made lagoons in...
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EU seafood groups join forces at Barcelona
Five major trade organisations representing European aquaculture, fishing and seafood processing have come together in a new strategic alliance. Their aim is to get Europeans to eat – and produce...
Flesh eating cod bug found off Norway
A new parasite which turns fish flesh into a slimy jelly has been found in cod off the Norwegian coast. So far it does not appear to have affected the...
Loch Duart says new feed has improved fish health and cut carbon emissions
Independent salmon farmer Loch Duart says its switch a year ago to BioMar’s Blue Impact feed has reduced its carbon footprint, improved health for the stock and reduced natural impurities...
Breaking news: Mowi loses first round in tax case
Mowi has lost the first round of a court battle against Norway’s “salmon tax”. A court in Hordaland, Norway has rejected the company’s lawsuit against the tax, also known as...
Marel reports higher revenues, lower profits for H1
International food processing equipment manufacturer Marel saw a strong order book and increased revenue for the first half of 2022, but the group’s net profits were slashed by nearly 30%...
OTAQ sees revenue rise, profits fall
Marine technology business OTAQ achieved revenue growth in 2021/22 but recorded a loss for the same period as questions continue over whether its seal scaring devices will be allowed to...
Major investors backing Atlantic Sapphire
Investor interest in the Florida-based salmon farming company Atlantic Sapphire has increased significantly in the past few days with two major share transactions. The Norwegian billionaire and businessman Petter Stordalen...
Samherji set to focus on expansion
Samherji, Iceland’s largest integrated fishing and seafood company, is planning to invest 60 billion kroner (£365m) on expanding its aquaculture business over the next few years. Announcing its financial results...
