Finnforel sets multi-‘gigafactory’ ambitions in motion with expected €240m funding boost
The Finnish land-based aquaculture firm's co-founder and CEO has unveiled plans to establish a network of 'gigafactories,' an initiative supported by an expected €240m funding boost
US entrepreneur to pitch one-pot seafood take-out business on ‘Shark Tank’
Danielle Mahon, founder of Topsail Steamer, is seeking investors to expand her seafood business beyond 10 locations in the northeastern US
US seafood restaurant ordered to pay $105K for withholding tips
The US Department of Labor sued The Saucy Crab Grand Rapids and its owner for withholding employees' tips and denying them overtime pay
GSA summit day two recap: German RAS secures €35m funding, Rabobank gives shrimp outlook
Undercurrent News was reporting live in St. Andrews, Scotland for the 2024 edition of the Responsible Seafood Summit
Mitsubishi to invest in Finnish trout RAS farm Finnforel
Japan's Mitsubishi Corporation has agreed to invest in Finnish land-based aquaculture firm Finnforel to expand its land-based trout farming model on a global scale.
GSA summit day one recap: Tilapia output to ‘crack 7m metric tons’ in 2025
Undercurrent News is live in St. Andrews, Scotland for the 2024 edition of the Responsible Seafood Summit
Biomar receives UK’s first ASC feed certification
Global feed supplier BioMar Group said it has achieved a significant milestone by gaining the first Aquaculture Stewardship Council feed certification for its mill in the UK.
Volatile currency rates spark chaos in Chilean coho wholesale pricing in Japan
Volatile exchange rates between the yen and the dollar have thrown Chilean coho salmon wholesale pricing in Japan into chaos as the new season's product arrival approaches
Poland’s Suempol acquires UK chilled processor Copernus
Polish salmon processor Suempol has acquired UK chilled specialist Copernus, which counts Lidl as a major customer, the former announced on Friday
US land-based steelhead farmer bags permits, pursues $80m goal amid investor fatigue
'It's been difficult to raise capital for startups in this environment, but we're still moving forward' -- Austin Caperton, CEO, Appalachian Salmon