The U.K. Department of Environment and Rural Affairs (DEFRA) has awarded GBP 3.9 million (USD 4.7 million, EUR 4.5 million) to seafood projects in the United Kingdom.
The funding, awarded through the GBP 100 million (USD 121.8 million, EUR 115.2 million) U.K. Seafood Fund, will go to projects to improve the quality of training facilities to both upskill the workforce and promote seafood careers and to projects building new and improved fishing
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Nova Sea, a farmed salmon producer based in Norway, has picked Maritech as a cloud-based solution for its sales, invoicing, and accounting software.
Molde, Norway-based aquaculture technology company Maritech develops digital solutions for a number of aspects of the aquaculture industry, from transport management systems to sales and orders. Nova Sea said it plans to implement Maritech Purchase & Sales as a cloud-based solution for managing
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A joint operation between the U.S. and Canada recently completed a high seas patrol to detect illegal, unreported, and unregulated (IUU) fishing in the North Pacific, and discovered more than 3,000 illegally possessed or stored shark fins.
The joint operation, dubbed Operation North Pacific Guard, ran earlier this year. It was the first time that Canada took the lead in the mission, which has taken place each year since 2019.
Over two months,
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Ocean 14 Capital announced on its LinkedIn that it has added WellFish Tech to its portfolio of investments.
WellFish Tech, based in Scotland, is a startup working to improve fish health and welfare using data and blood-based clinical analysis. The company, according to Ocean 14, uses blood biomarkers and AI to determine the health status of fish, allowing aquaculture operations to improve the health of the fish in their stock.
Founded by
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Norwegian halibut farmer Nordic Halibut reported in a Q3 operation update that it is continuing to see upward sales price trends, but that the company saw lower revenue and harvests as part of its long-term strategy to capitalize on larger sized fish.
Nordic Halibut farms the species in ocean-based net pens in Midsund, Askøy, and Averøy, Norway. In a Q2 2023 operational update, the company said it saw an increased average sales
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Multiple members of the North Atlantic Pelagic Advocacy Group (NAPA) including Skretting, Asda, Biomar, and Young’s have vowed to stop buying pelagic species sourced from the Northeast Atlantic if coastal states can’t reach an agreement on sustainable total allowable catches.
NAPA, a collective of 50 retailers and supply chain businesses including wholesalers, foodservice businesses, aquaculture producers, feed
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Gigante Salmon, the company currently building a land-based salmon aquaculture facility Lille Indre Rosøya, Norway, has successfully raised another NOK 200 million (USD 18.2 million, EUR 17.3 million) through a private placement.
The private placement is intended to help pay for an expected cost increase of NOK 200 million for its flow-through salmon aquaculture system. The company announced the cost increase in September, and
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Cape May, New Jersey, U.S.A.-based Lund’s Fisheries has ceased its business relationship with a Chinese supplier in the wake of a report by the Outlaw Ocean Project on the use of Uyghur laborers at seafood companies in China.
Lund’s Fisheries, in a statement released on 13 October, said that upon hearing questions and criticisms about Rongcheng Haibo – one of several Chinese companies named by the Outlaw Ocean Project in its
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AquaBounty Technologies’ board of directors has approved a 1-for-20 reverse stock split of its common stock, to be executed at 12:01 a.m. on 16 October.
The company, which plans to build a recirculating aquaculture system (RAS) facility in Pioneer, Ohio, U.S.A. to raise genetically engineered salmon, announced it would pursue a reverse stock split in early September after the company’s stock continued to remain below the USD 1.00
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Bioriginal Food and Science Corp., a subsidiary of Cooke Inc., has continued to expand with the acquisition of Pflanzenölmühle Kroppenstedt, which operates as Kroppenstedter Ölmühle.
Kroppenstedter Ölmühle is a family-owned mill specializing in the pressing of plant-based oil products from conventional and organic sources. The Kroppenstedt, Germany-based firm was established in 1922 and develops and produces
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