Ohad Maiman steps down as Kingfish CEO
Ohad Maiman, the founder of the yellowtail fish farmer The Kingfish Company, has stepped down from his role as chief executive of the business. The surprise announcement comes just days […] Continue Reading
Proximar’s Mt Fuji hatchery gets first egg batch
Proximar Seafood has placed the first eggs at its hatchery in Oyama, near Mount Fuji, Japan. The company said some 125,000 eggs were inserted in this first batch and the […] Continue Reading
Kingfish Maine project gets local go-ahead
The Kingfish Company has cleared the final local hurdle in its route to building a yellowtail fish farm in Maine on the US east coast. In a significant move, the community […] Continue Reading
Kingfish Company sales up 90% for Q3
Land-based aquaculture business The Kingfish Company has reported third quarter sales up by 90% year-on-year. The company’s update for Q3 shows that sales reached €5.5m (£4.8m) in the period, helped […] Continue Reading
Atlantic Sapphire shares plunge after mortalities warning
Shares in land-based salmon farmer Atlantic Sapphire plunged by 40% on the Oslo Stock Exchange today after it told investors that it is reducing its revenue forecast for the second […] Continue Reading
New SalMar hatchery handed over
Fish farming giant SalMar has formally taken over its new land-based hatchery on Senja Island in the north of Norway. The 13,650 square metre floor area facility, built at an […] Continue Reading
Kingfish Company looks to raise more funds
The Kingfish Company is planning to seek up to €35m (£30.6m) in additional finance as it revealed that the expansion of its Netherlands facility is looking considerably more expensive than […] Continue Reading
Nocera’s Alabama land deal marks US debut
International seafood company Nocera has bought more than 200 acres of land in Alabama as part of its US expansion plan. Nocera already has six fish farms using its specialist […] Continue Reading
Atlantic Sapphire looks forward to profitable production
Land-based salmon producer Atlantic Sapphire is set to deliver profitability when its phase 1 facility in Florida reaches full production, the company says. The pledge was made as Atlantic Sapphire […] Continue Reading