Chris Chase

Port Lincoln, South Australia-based yellowtail kingfish farmer Clean Seas is undertaking an operational review following an AUD 7.7 million (USD 5 million, EUR 4.6 million) loss in Q1 2024. 

The company’s review comes alongside a successful AUD 9.5 million (USD 6.3 million, EUR 5.7 million) non-underwritten private placement, which it said will be used for working capital to “facilitate the right sizing” of the business

The company Statt Torsks chose to merge with, Vesterålen Havbruk, has successfully executed a private placement for between NOK 50 million and NOK 100 million (USD 4.6 million and USD 9.3 million, EUR 4.2 million and EUR 8.5 million), the company announced on the Oslo Børs. 

Statt Torsk, a cod farming company based in Stokkeneset, Norway, officially agreed to merge with Vesterålen Havbruk in late September, just one month

A campaign organized by the Canadian Aquaculture Industry Alliance (CAIA) and the Fisheries Council of Canada (FCC) to promote Canadian seafood is expanding via a partnership with Sobeys and Safeway.

The campaign, “Choose Canadian Seafood,” is designed to steer Canadian consumers toward locally produced seafood products, the campaign said in a press release. The campaign announced a new partnership to place “Choose Canadian

Nordic Aquafarms has received a “notice of intent to issue” a major permit for its land-based recirculating aquaculture system (RAS) farm in Humboldt County, California, U.S.A., while across the country in Millinocket, Maine, Katahdin Salmon's RAS project has received additional funding.  

The California Coastal Commission voted 12-0 to move a wastewater discharge permit for Nordic Aquafarm’s project forward, which

The North-East Atlantic Fisheries Commission (NEAFC) has taken a step toward ecosystem-based management of stocks in the region, but the 2024 total allowable catch (TAC) allocations of overfished pelagic species is yet to be decided.

NEAFC met from 14 to 17 November 2023 to discuss management measures for a number of species in its coverage area, including the overfished blue whiting, mackerel, and Atlanto-Scandian herring. Through the

The International Commission for the Conservation of Atlantic Tunas (ICCAT) meeting in Cairo, Egypt has come to a close, with a mix of conservation and management progress and status quo.

Ahead of the meeting, which ran from 13 to 20 November, 2023, NGOs called for the commission to establish strategies to rebuild Atlantic bigeye tuna stock, maintain yellowfin tuna stocks within the total allowable catch (TAC), and establish a management

In its interim results report for Q3 2023, Ice Fish Farm reported steep revenue and harvest drops compared to 2022, but a similarly big increase in operational earnings. 

The Seltjarnarnes, Iceland-based salmon-farming company harvested just 193 metric tons (MT) of salmon in the quarter, a big drop from the 1,946 MT it harvested in Q3 2022. It was forced to cull salmon last summer after an infectious salmon anemia (ISA) outbreak, and

Canada’s Department of Fisheries and Oceans (DFO) is investing over CAD 25 million (USD 18.2 million, EUR 16.6 million) in fishing and processing in the province of Newfoundland and Labrador.

The government of Canada and the province are contributing CAD 25.3 million (USD 18.4 million, EUR 16.8 million) to 147 different projects in Newfoundland and Labrador to improve harvesting, processing, aquaculture, and indigenous partnerships in the

Subsequent share offerings from both land-based salmon-farming firms Atlantic Sapphire and Gigante Salmon have come up undersubscribed over the past week.

But historically, they aren’t the only subsequent offerings for aquaculture firms listed on the Oslo Børs that haven’t hit the maximum value on offer. 

Atlantic Sapphire, which is building a salmon recirculating aquaculture system (RAS) facility in Miami, Florida,