Aquatech news

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

Explosive gains in mollusk and crustacean shored up sales, while catfish remained the US aquaculture industry's most lucrative species in 2023

Tsar Nicoulai acquires Sterling Caviar, consolidating California operations

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

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

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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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Popular stories

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

Undercurrent News reported live from the Norway-China Seafood Summit in Qingdao, China on Oct. 29, held ahead of the China Fisheries and Seafood Exhibition

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aquaculture

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

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

Mitsubishi to invest in Finnish trout RAS farm Finnforel

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

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

Bluefront Equity makes major investment in genetic conservation firm

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

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

free read Michelin backs next stage of growth at Scotland’s Ace Aquatec

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

Asian shrimp industry poised to lose more market share with automation, say experts

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

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

fishing

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

US federal court orders review of industrial shellfish harvest methods in NY refuge

Recap day one from North Atlantic Seafood Forum