Nissui hits record revenue of $5.5bn on processed food expansion
The Japanese seafood giant reported the strongest financial performance in its history for the fiscal year of 2023, of JPY 831bn in revenue and JPY 29.6bn in operating income
Atlantic Sapphire names Chilean aquaculture veteran as new CEO
Pedro Courard has been involved in the salmon industry in Chile for over 25 years, including roles with Ocea Chile, Multi X and, since 2022, as managing director of Cermaq Chile
Surimi price crash, rising costs in pollock roe hit Japan’s Nichimo profits
Japan's Nichimo saw a 30% reduction in its consolidated operating income at JPY 2.02bn, $13.4m, for the full year ended March 2024, largely due to price crashes in surimi products
Nordic Aqua’s RAS salmon gets thumbs-up from Shanghai processor
The land-based salmon farmer harvested 92t of Atlantic salmon from its Gaotang, Xingbo facility in China, with an average live weight of 6.1kg
Nova Scotia’s Premium Seafoods pauses shellfish investments after nearly five-year permit wait
A company executive has also resigned from an industry trade association in response to the delays
Salmon Evolution Q1 beats earnings forecasts, on track to hit capacity in H2
In a positive quarterly report, Salmon Evolution has breached NOK 100m in revenue for the first time, as well as achieved a farming margin of NOK 40/kg
Iceland’s Laxey names aquaculture director
Icelandic fish farmer Laxey has announced the appointment of Rustan Lindqvist as its new director of aquaculture, effective on Sept. 1
Atlantic Sapphire names aquaculture veteran CFO as Oyehaug steps down
Atlantic Sapphire has announced the appointment of Gunnar Aasbo-Skinderhaug as chief financial officer and deputy CEO, effective July 1
Barge orders buoy AKVA but no excitement expected in land-based for H1
Three new barges for the Nordic market made for a contract value of around NOK 160m, but 'the market for land-based [technology] is still slow'
Land-based shrimp farmer targets new markets in northern US
NaturalShrimp said it seeks to tap into fresh markets as a result of increased production at its Webster City, Iowa, facility