Aquatech news

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Canada’s elver pilot project threatens company’s aquaculture plans

NovaEel had proposed to build an aquaculture facility in the Canadian province of Nova Scotia to raise baby eels to adult size

Interim eFishery CEO exits amid reports co-founder was cooking books from 2018

The interim CEO of aquatech unicorn eFishery is said to have stepped down as allegations surface his predecessor and the company's founder was cooking the company's books for as long as six years 

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Aquaculture veteran Maclean resigns from eFishery prior to financial fraud probe  

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Finnish tech addresses off-flavor, mold in RAS production

Letter to editor: Land-based and at-sea farming not mutually exclusive
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Norwegian study finds UV treatment effective against hatchery fish parasite

Rabobank: Flow-through salmon projects in Iceland, Norway could be producing 120,000t by 2030

US aquaculture sales grew 38% to $1.57bn in latest census

Nasdaq delists Blue Star after stock price falls below minimum threshold

Tsar Nicoulai acquires Sterling Caviar, consolidating California operations

Mowi, Leroy back heavy salmon post-smolt, submersible pen investments to bear fruit over winter

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Norway’s Marine Donut reports low salmon mortality during first full-scale test

Japanese energy company ventures into land-based trout farming with LNG-based system

Norwegian firm to supply land-based aquaculture facilities in South Korea, Iceland, Japan

Mowi exec urges gov’t help as Scottish salmon farmers bid to cope with climate change

Salmon giant Mowi extends Innovasea as preferred vendor

free read Finnforel signs agreement to build land-based trout site in UAE

Aquatech supplier Tidal expands team in Norway

Andfjord criticizes ‘one size fits all’ proposal for land-based farms in Q3 update

Pelagia to open new mackerel filleting factory in 2025 as part of value drive

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Analyst: Productivity initiatives could boost Norwegian salmon earnings $1.8bn per year

UK’s Ocean 14 Capital partners with Greek aquatech firm to boost sustainable practices

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Arctic Securities show recap: Land-based salmon at inflection point as sector grapples lice issues

Arctic Securities conference: Akvafuture looks to Canada due to lack of Norwegian backing; Veramaris to double capacity in US

Billund Aquaculture founder launches new RAS tech firm

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Canada’s ReelData partners with Kingfish Co for AI biomass camera trial in Netherlands

European single-cell protein feed firm hits milestone as it eyes 15,000t scale-up

Turbidity issues prompt Proximar to push most of Q4 harvest into next year

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Canada invests over CAD 1.4m to bolster Quebec’s fishing industry

The initiatives aim to boost the market value of harvested seafood and assist local fishers in adapting to climate change

free read Norway’s FiiZK to deliver two large closed fish cages to undisclosed farmer

FiiZK has secured a contract to supply two large closed fish cages to an unnamed fish farmer in Norway

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aquaculture

Nordic Aquafarms blindsided: $500m Maine salmon project in jeopardy

free read GSA launches latest update to seafood processing standard

free read CFSE 2024 day three recap: Indian shrimp processors unveil investments

prices

NASF 2024: NESI whitefish wins push revenue over £200m; Atlantic Sapphire’s bullish update

Chile salmon prices to increase further after new year spike, says Blumar

‘Mad’ feed prices threaten bass, bream market profitability

companies

free read CFSE 2024 day two recap: Indian shrimp traders turn to Vietnam, while Hondurans bid for China

free read CFSE 2024 Norway summit recap: China has ‘greatest potential’ for salmon consumption growth

free read CFSE 2024 day one recap: Atlantic mackerel prices to soar, Aussie abalone under pressure

people

Canadian, Norwegian, Swedish firms team up on land-based Quebec salmon farm

Alpha Aqua brings in three from bankrupt Billund

Veterans of finfish RAS sector secure site, approval for Dutch black cod project

m&a

How Pacifico’s nursery plans brought together two do-good private equities

Finnforel sets multi-‘gigafactory’ ambitions in motion with expected €240m funding boost

Mitsubishi to invest in Finnish trout RAS farm Finnforel

retail

Investors eagerly eye hybrid flow-through prospects amid challenges for full RAS

Minority shareholders win Sustainable Blue auction with unchallenged CAD 30m bid

US shrimpers demand tougher restrictions on Peru, Guatemala

processing

Ecuador shrimp farmer Limbomar starts production at new $40m plant

Cooke, Hendrix among recipients of £14m in grants from Scottish gov’t

Icelandic firm plans 14,000t land-based salmon facility

fishing

free read GSA summit day two recap: German RAS secures €35m funding, Rabobank gives shrimp outlook

free read GSA summit day one recap: Tilapia output to ‘crack 7m metric tons’ in 2025

New bill would empower US food safety agency to destroy rejected seafood, prevent ‘port shopping’