Kingfish Company’s Phase 2 is now operational

The Kingfish Company has announced that the second phase of expansion for its land-based farm in the Netherlands has been completed and is now fully operational. In a 2023 final quarter trading update, the yellowtail producer said the standing biomass has more than doubled to 967 tonnes in the company’s RAS (recirculating aquaculture system) facility.…

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Billionaire builds stake in Australian kingfish farmer

Australian tech billionaire Anthony Hall has amassed a significant stake in troubled yellowtail kingfish producer Clean Seas Seafood. Hall, co-founder of medical imaging business Pro Medicus, now owns just over 11.5% of Clean Seas’ equity. Clean Seas sells its kingfish through two brands: Spencer Gulf Kingfish for professional cooks/foodservice, and South Australian Yellowtail for consumers…

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Another step forward for Nordic Aquafarms’ California project

Nordic Aquafarms’ plans for a yellowtail kingfish RAS facility on the California coast have moved a key step forward with the granting of a permit for the plant’s waste water. The company, Nordic Aquafarms Inc, which is a subsidiary of its Norway based parent, had originally planned to build a 33,000 tonne RAS (recirculating aquaculture…

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Kingfish opens trading on Oslo’s Merkur Market

The Netherlands-based seafood company Kingfish made a promising debut on the Oslo Stock Exchange’s Merkur Market yesterday. Kingfish hopes the Norwegian IPO will generate millions of euros to help finance and accelerate its expansion in the Netherlands and the United States. Dutch news sources say the company expects to raise between €50 million and €70…

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Huon expands to Western Australia

HUON Aquaculture, the large Tasmanian salmon farming group, is to create a 24,000 tonne capacity fish farm on a 6,000 acre location off the Abrolhis Islands in Western Australia. David Kelly, the fisheries minister for Western Australia, confirmed that the company has signed a contract with the state government for a lease in the mid-west…

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