High Liner in talks to buy EU salmon smoker with strong US position
Canadian frozen seafood giant High Liner is reportedly in talks to acquire a European salmon smoker which has close to $500m in turnover, with around a third generated from the US market
Walmart agrees to $45m settlement for overcharges on seafood, other categories
The lawsuit, filed in a Florida federal court, identified dozens of seafood items that the retail giant allegedly overcharged for
Nowaco brings on Bo Larsen to grow salmon, trout sales
Bo Larsen, owner and CEO of SilverRed -- formerly Sirena Salmon Co. -- has joined Nowaco's seafood division to expand the business in salmon and trout
Russia can reach 250,000t feed production per year by 2030, says gov’t
At that level, Russia would be self-sufficient and able to maintain its aquaculture production at the high growth rates maintained recently, it said
Camanchaca’s profit takes dive in Q4 amid declining salmon prices, rising costs
Salmones Camanchaca encountered a challenging fourth quarter in 2023 marked by declining prices and rising operational costs
Japanese Miyagi coho salmon prices hit a record high
The first harvests of the 2024 farmed coho salmon in Miyagi Prefecture, Japan, arrived on March 28 at Ishinomaki Uoichibam, with prices at over JPY 1,200/kg
NOAA Sea Grant awards $1m to boost US aquaculture competitiveness
The project headed by Virginia Tech and Virginia Sea Grant is deemed crucial to the future of the US aquaculture industry
Italian insect protein firm plans 40,000t Norway plant in 2027
The ambitious firm is targeting the salmon aquaculture sector, expects to have optimized a 2,500t pilot facility during the second half of 2024, and be breaking even with a commercial product in 2025
Chilean seafood exports ride high on Brazil, China demand
Chile's seafood exports witnessed a modest 0.3% value uptick in February, totaling $729 million
Inflation pushes Labeyrie’s UK salmon arm into red
Turnover was up year-on-year, but not enough to cover the rise in the cost of sales and administrative expenses, meaning Farne Salmon & Trout slipped to a loss in 2022-2023