8F fundraises for China portion of $1.6bn Pure Salmon RAS plan
8F is raising capital for the China portion of its $1.6bn plan to produce 260,000t of salmon in RAS farms globally, Martin Fothergill, a co-founder and partner with the firm, told Undercurrent
AquaBounty counters Montreal panel’s concerns over GMO salmon
The company, which expects to have its first major harvests of genetically engineered salmon a year from now, has responded to concerns expressed about sales in Canada
Early maturing salmon vex land-based farmers
'The high cost of development and production is one of the greatest challenges faced by salmon RAS companies, and early maturation is a contributor to that problem' -- Brian Vinci
Uganda eyes overseas investors for 40,000t tilapia, catfish farming project
In partnership with the EU, the East African country has plans in place to construct two 20,000t fish farms, one land-based and the other on the waters of Lake Victoria
New US salmon RAS network gets $1.2m headstart from NOAA Sea Grant
Five US land-based salmon companies are involved and two more have offered their strong support
Atlantic Sapphire’s US, Danish losses widen, as Florida progress remains on track
Operations in Denmark brought in more than $2m in revenue for H1 2019, but lost more than that overall; construction and operational milestones are being hit in Florida as planned
NZ targets nearly $2bn aquaculture sector by 2035
The New Zealand government has laid out plans to streamline the sector, by expanding existing farms as well as investing in land-based and offshore technology
Startup tech companies promise to further expand Indonesian aquaculture
Indonesia's aquaculture industry grew 264% from 2008 to 2017, but still has plenty of room to expand
New paper encourages offshore, RAS investments to satisfy seafood demand
'By our calculations, it’s going to take about $150 billion to $300bn in investments and capital alone to meet the demand for seafood by 2030' -- Robert Jones, The Nature Conservancy
CP Foods building land-based shrimp farm in Florida
The farm’s first crop of shrimp is planned to be stocked in March of 2020, with subsequent harvest in May; firm ultimately aiming for some 640t per year from the site