Posts Tagged ‘United States’
AquaBounty sees increased revenue – and losses – for Q4
Land-based salmon farmer AquaBounty Technologies has reported a year-on-year revenue increase of 23% for the last quarter of 2023, but the period also saw losses growing. AquaBounty has developed a genetically modified (GM) strain of salmon, aimed at faster growth and suitability for farming in RAS (recirculating aquaculture systems) facilities. For Q4, the company recorded…
Read MoreBakkafrost’s ‘salmon air service’ makes first flight
Bakkafrost CEO Regin Jacobsen has hailed the first flight of salmon on its FarCargo Boeing 757 as a new chapter in Faroe Islands trade history. The aircraft departed from the Faroes with a consignment of premium fresh salmon, landing at Newark Liberty International Airport, New Jersey, for the first time. Jacobsen said: “The aim is…
Read MoreCooke gives up legal fight over trout farm closures
Cooke Seafood has abandoned plans to win back leases at its two Washington state steelhead trout farms in the US, blaming delays by the state’s administration which it says make the case futile. The group’s subsidiary, Aquaculture Pacific, has filed a motion with the Superior Court of the State of Washington to dismiss its appeal…
Read MoreCooke Seafood appoints Jack Crouch to key subsidiary
The Cooke seafood and aquaculture group has appointed senior seafood professional Jack Crouch as national sales manager of its subsidiary business, the Wanchese Fish Company. He brings more than a decade of experience in seafood processing, distribution, and supply chain. The Wanchese Fish Company, headquartered in Virginia, USA, is part of the Cooke family of…
Read MoreAtlantic Sapphire raises a further £27m for Florida site
Florida-based land salmon company Atlantic Sapphire raised around NOK 369m (£27.5m) in a new share issue in Oslo, where the company is listed, last night. The issue at NOK 1.20 per share was fully subscribed with its largest shareholder Nordlaks Holdings of Norway buying shares worth NOK 52m (£3.8m). The extra money will be used…
Read MoreAquaBounty set to sell Indiana RAS farm
North American land-based salmon farmer AquaBounty Technologies is putting its Indiana site on the market in an effort to raise funds and strengthen its balance sheet. In a stock market announcement yesterday, CEO Sylvia Wulf said: “We have been focused on securing funding for our near and long-term needs, so we can continue to pursue…
Read MoreSan Antonio conference set to break records
Aquaculture America 2024 will take place over February 18-21, 2024, at the San Antonio Marriott Rivercenter in San Antonio, Texas USA. The event is organised by the World Aquaculture Society. At this point it looks like Aquaculture America 2024 will be the largest Aquaculture America ever. The exhibit Hall is almost full, the program includes…
Read MoreTrout farmer receives first eggs – and eyes US expansion
Hima Seafood has just taken delivery of the first eggs for its new trout farm in Telemark, Norway. The company also disclosed that it is looking at moving into the United States over the next few years. Hima’s managing director, Sten Falkum, told the US magazine Forbes that it has acquired a plot of land…
Read MoreCanadian capital pulls anti salmon farming advertisements
Anti-salmon farming billboards around Ottawa have been removed following a complaint from the Canadian Aquaculture Industry Alliance, which says the posters contained false claims. The statements included claims from the eco-activist group Wild First stating that: “Open-net pen salmon farms are banned in Washington, Oregon, California, and Alaska.” The advertisements called on the Canadian capital…
Read MoreCooke Seafood appoints new US public affairs director
Cooke Seafood has appointed Steve Hedlund from the Global Seafood Alliance as its new director of Public Affairs in the United States. Mr. Hedlund (pictured) is an experienced leader in seafood communications, public affairs, event management and media relations. He joins family-owned Cooke from his most recent role as spokesperson for the Seafood Alliance (GSA)…
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