Firm attributes losses to downtime at Indiana farm due to repairs and reduced harvesting in its Canadian facility Continue reading
Tag Archives: Aquaculture
Could land-based aquaculture be the world’s hottest investment right now?
Venture capital investors would be hard-pressed to identify a single asset class that is hot in today's economic climate Continue reading
Chinese-owned salmon farmer Australis files first lawsuit against former owner, top execs
Chile's Australis Seafoods filed its first lawsuit against Isidoro Quiroga and some members of his immediate circle, including his sons Isidoro and Benjamin, as well as its former president Martin Guiloff and Santiago Garreton, ex-CFO Continue reading
Chinese tilapia giant enters pangasius supply chain in Hainan
Hainan Xiangtai Fishery, one of China's largest tilapia exporters, is entering the pangasius supply chain to meet surging domestic market demand Continue reading
Bondholders of beleaguered Nova Austral to vote on Altor exit, potential full sale
Bondholders will decide later in April whether to provide $20m in liquidity support to the debt-defaulted Chilean salmon farmer; to potentially allow a sale process for its shares; or to hold out for a different, uncertain, future
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Avramar CEO says no debt covenants breached, company coming off ‘best-ever’ year
CEO Thor Talseth has refuted reports that the company's investor owners have tasked Houlihan Lokey with a debt restructuring
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New venture capital firm to fund, nurture land-based aquaculture startups
Three factors are behind the new firm: mature investor base, land-based sector's next phase, and traditional aquaculture and wild fisheries' limitations, say co-founders Continue reading
Norway’s would-be offshore farmers tick over awaiting clarity on regulations, tax
Both Utror and SalMar Aker Ocean are postponing future investment decisions until the new regulatory landscape is clear Continue reading
‘Twice as much brackish water as AP’: the vast shrimp potential for India’s West Bengal
India's second-largest shrimp-producing state contains hundreds of thousands of hectares of brackish water as yet unused for aquaculture, while there are ongoing efforts to improve regional processing and hatchery facilities Continue reading
CP’s Homegrown Shrimp USA holds official opening at Florida facility
Homegrown Shrimp USA held its grand opening in Florida, US, as the company starts full production at its land-based shrimp farm Continue reading
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