Cermaq turns $5m Q1 profit with new subsidiary, increased sales in Chile
Norwegian salmon farming company Cermaq Group, a subsidiary of Japanese conglomerate Mitsubishi, posted an equity profit of JPY 800m for April-June 2024
Scotland’s Ace Aquatec enters Spanish market, installs stunner at trout farmer
Scotland's Ace Aquatec has sealed a deal with Aqualande-owned trout farmer Piszolla to install the company’s first stunning system in Spain
Argentina’s largest seafood producer secures partnership to expand sales in Middle East
Seafood Souq has become the exclusive distributor for Argentine seafood producer Newsan Food in the Gulf Cooperation Council region
Japanese railway firm latest to enter land-based salmon farming
Japan's Shikoku Railway Company will kick off trials at its flow-through salmon farming operation in August, targeting an annual sales goal of $656,000 by 2030
Mowi Scotland takes delivery of first refurbished feed barge in Dawnfresh project
The UK arm of Norway's Mowi has taken delivery of the first of five refurbished feed barges as part of a project to consolidate four former Dawnfresh Loch Etive farms down to three
Reduced aquaculture imports help narrow Brazil’s seafood trade deficit
Brazil's seafood imports totaled 37,317t worth $246.5m in Q2, up 22% in volume and 12% in value year-on-year, but the numbers were down 20% and 15% compared to Q1
Innovafeed expansion makes French factory ‘largest insect site in world’
French insect feed manufacturer has scaled up production capacity at its factory in northern France, with its latest expansion taking the total floor area to 55,000 square meters
Ex-Mowi exec Nattero joins Chilean salmon exporter to boost international sales
Ex-Mowi exec Gianfranco Nattero has joined Chilean salmon exporter Sea Garden Export in a move aimed at revitalizing the company's international sales, he told Undercurrent News
Japan, China boost Chile’s seafood exports in H1 despite overall 5% decline
Chilean seafood exports amounted to $4.36bn in the first half of the year, down 5% year-on-year
Coho demand surge propels Chilean farmed salmon, trout sales to highest level
The first quarter of 2024 saw a significant boost in Chilean salmonid exports, with a 10.5% y-o-y increase