NZ King Salmon eyes US, Chinese markets as finances pave way for growth project
Higher revenues and earnings in FY25 set the stage for the salmon farmer to invest some NZD 12m in its Blue Endeavour project in FY26
Ecuador’s Aquagold, France’s Crusta C eye joint European shrimp cooking acquisitions
Aquagold and Groupe JMI, which owns Crusta C and other seafood companies, are 'exploring different options to acquire an operation in Europe'
Infrastructure fund takes 50% stake in Norway aquaculture service firm AQS
The partnership will also see the recruitment of a new CEO as current CEO Pal Anders Lauvsnes transitions to the role of COO
AquaBounty facing lawsuit from contractor claiming $1.6m unpaid bill
The developer of genetically engineered AquAdvantage salmon continues to face the financial fallout of its decision to abandon fish farming and sell off its assets
Kaldvik completes $18m deal for Iceland processing assets
The terms of the deal saw a company board member step down, not wanting to be a part of the deal which he claimed to have been valued inappropriately
Blue Star Foods creates Asian food division to capitalize on rising US sushi demand
The move is 'expected to drive incremental and meaningful sales growth' -- CEO and chairman John Keeler
Boston 2025 in 5: Prestige Oysters sets sights on foodservice growth with latest acquisition
Raz Halili of Prestige Oysters joins Catch the Current at Seafood Expo North America to talk about his company's recent acquisition of Bayou Carlin
Hofseth expands salmon processing capacity for ‘external opportunities’
The Norwegian business is enlarging its capacity at its site in the port town of Alesund -- an urban building that requires new technology as it cannot expand its footprint
Nova Sea CEO resigns two months on from Mowi deal announcement
Tom Eirik Aasjord is resigning from Nova Sea after six years as CEO for personal reasons independent of the company's current sale process, he said
Princes to explore new pack formats, diversify seafood offerings
Newlat plans to explore new pack formats and further diversify in seafood at its UK subsidiary, moving beyond standard tuna offerings, as well as sign longer private-label contracts