Nueva Pescanova proposes €73m capital increase amid financial turnaround
Spanish seafood group Nueva Pescanova's board of directors will propose a capital increase of €72.6 million at the upcoming general shareholders' meeting, the firm said
Peru’s seafood sales record triple-digit growth powered by surge in fishmeal, fish oil demand
In June 2024, Peru exported some 217,400t of fishery products worth $469.2m, up by 256.3% and 189.7%, respectively, y-o-y
Sale of Aker BioMarine’s feed ingredient biz completed
Norway's has sold its ownership position in the business to American Industrial Partners and Aker, via its wholly-owned subsidiary Aker Capital
Low shrimp wholesale prices driving labor abuse in Vietnam, report finds
Low wholesale prices paid by supermarket chains have driven widespread wage deception and worse working conditions in Vietnam since the pandemic, according to a new report
Seaweed firm Nordic SeaFarm secures $2.5m funds, backed by Inter IKEA Group
Nordic SeaFarm, a firm that cultivates seaweed, has raised $2.5m in a recent funding round led by EIT InnoEnergy and Inter IKEA Group
UK feed-from-gas project takes ‘big step forward’ with pilot facility launch
A project aiming to create animal feed from carbon dioxide and hydrogen gases has opened its first pilot facility
Salmon, trout, squid boost Chilean seafood exports, but overall growth stalls
Chile exported $785 million worth of seafood in July 2024, barely more than was imported in July 2023, but it could've been a better month, based on a ProChile report
Vietfish day one recap: Easing feed prices mean pangasius shortage now unlikely
Undercurrent News is reporting live from Ho Chi Minh City, Vietnam, for the Vietfish 2024 trade show
Norway’s Austevoll buoyed by Peru’s anchovy recovery
Norwegian seafood company Austevoll Seafood reported a major turnaround in the second quarter for its Peruvian subsidiary Austral Group
India’s disrupted main shrimp crop hits Avanti’s feed sales
Indian shrimp feed giant Avanti Feeds reported a decline in shrimp feed sales for the first quarter of fiscal year 2025 due to floods and disease outbreaks that have impacted shrimp farming since April