High prices to drive NZ’s export revenue up 8% despite volume drop
New Zealand's seafood industry is experiencing growth for the second consecutive year, with export value expected to reach NZD 2.1bn for the year ending June 30, 2023
Barramundi Group insists firm is still viable despite ‘extreme challenges’
The tropical aquaculture firm has issued its 2022 accounts which show losses of SGD 32m; auditors could not vouch for it as a 'going concern' as it looks to wind down operations in Singapore too
Barramundi Group’s Aussie business sale falls through without funding
Voluntary administrators have now been appointed to assess a restructure or recapitalization; business should go on as normal in the meantime
South Atlantic is US’ largest per capita seafood consuming region, study finds
The biggest consumer of seafood in the US is also the most visited region by international tourists
Australis hires Paine to up already-promising sales for barramundi
The Vietnam-based farmer and wholesaler is also making inroads into Australia, China
Barramundi Group makes CFO reshuffle amid sale of 75% of Aussie ops
Jessie Lai will take over the group CFO function, allowing current CFO Helen Chow to step into her new role as CFO of the Australian business, Marine Produce Australia
Multi X veteran Paine emerges as president of barramundi producer Australis
Australis Aquaculture, the world's largest barramundi producer, has hired Multi X veteran Jason Paine as its new president, effective March 1, 2023
ADB to fund Australis’ barramundi, seaweed farms in Vietnam
The Asian Development Bank has agreed to provide an equity investment of up to $15m to Vietnam-based Australis to finance its climate-smart barramundi and seaweed aquaculture project
Aussie uni creates improved testing method for deadly aquaculture virus
The new testing method created by scientists at the University of Sydney can identify all three variants of the ISKN virus, opposed to current methods which can only detect two
Barramundi agrees sale of 75% of Australian biz, will continue presence there
The deal's value should reach AUD 5m if at least four of the 13 additional planned seawater site leases in Kimberley, Western Australia are approved in future