AKVA expects improvement in Norwegian post-smolt market in 2025
The aquaculture equipment supplier posted strong Q3 results driven by its sea-based division, and that was before securing a letter of intent with Cermaq worth €30m
Rise in Norwegian fresh salmon sales to EU, South Korea offset drops elsewhere
Norwegian fresh salmon sales saw a boost in week 44, with increased exports to key markets like the EU and South Korea helping to offset declines in other regions
Canadian seafood sector expects little impact from British Columbia port lockout
A business advocacy group warned, however, that the labor dispute could lead to plant closures and inventory shortages across the Canadian economy
Mowi sets 520,000t target for 2025 with record biomass in place
The world's largest salmon farmer by volume has announced its intent to produce 520,000t next year, up 4% from its current milestone target of 500,000t in 2024
Controversial French land-based salmon plan abandoned
The Norwegian company Smart Salmon has withdrawn its application to build a farm in Plouisy, northwestern France, ending years of debate and opposition
GSA launches latest update to seafood processing standard
GSA has launched the sixth version of its seafood processing standard, adding a modular framework and enhanced safety features
AquaBounty’s sales drop nearly 95% in Q3 as financial strain continues
The US land-based salmon producer's cash reserves fell to $500,434 by the end of September, down from $8.2 million in January amid rising costs and debt repayments
Skills: Chilean salmon prices to Brazil, China jump in week 43, flat to US
Chilean salmon sold to Brazil increased in price again week-on-week, while the FOB and CFR price for salmon sold to China also ticked up
Huge mackerel exports behind Norway’s record monthly seafood sales
Norway exported $1.68bn worth of seafood in October, up $83m on the same month last year, an increase almost entirely caused by bumper mackerel sales
Bakkafrost’s Q3 earnings decline amid market slump, ISA outbreak
Faroese salmon farmer Bakkafrost reported a significant decline in operational earnings for the third quarter of 2024, citing low salmon prices and an ISA virus outbreak as key challenges