Bluegreen Group, which recently launched its first “Marine Donut” enclosed aquaculture system concept in Norway, has gained environmental approval to bring the concept to Newfoundland, Canada.
The company submitted environmental documentation for the project on 19 July, seeking to install a Marine Donut at an existing marine industrial site. The company announced in early October that it has successfully navigated the approval
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Seafood Expo Asia producer Diversified Communications confirmed the exhibit hall of the 11th edition of the expo grew in its second year in Singapore, resulting in the largest edition of the event in its history.
Diversified confirmed that 362 exhibiting companies from 41 countries participated in the show over an exhibit space that was 86 percent larger than in 2022. Over the three days of the expo – which ran from 11 to 13 September
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Global seafood companies and retailers are reacting to a recent report by the Outlaw Ocean Project detailing the use of state-sponsored forced labor, as defined by the U.S. Uyghur Forced Labor Protection Act of 2021, by some Chinese processing firms.
The report, published in The New Yorker magazine on 9 October, led Albertsons Companies to drop flounder and yellowtail sole products from High Liner Foods in early September – before the news
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Albertsons Companies, which operates ACME, Safeway, and Shaw’s Supermarket, has dropped flounder and yellowtail sole products from High Liner Foods in the wake of a bombshell Outlaw Ocean report implicating one of the seafood company’s suppliers China-based suppliers employed forced labor from China's ethnic Uyghur minority.
Per the Outlaw Ocean Project’s “Discussion” resource, which outlines the project’s
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Benchmark Holdings, an aquaculture biotechnology company and one of the world’s leading salmon egg producers has received two separate salmon broodstock licenses from the Directorate of Fisheries in Norway.
The two licenses, the company said in an announcement to the Oslo Børs, allow it to produce a combined total of 780 metric tons (MT) – split between 360 MT for sea-based production and 420 MT for land production. The new
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Former Kingfish Maine Operations Manager Megan Sorby has founded a new recirculating aquaculture system (RAS) company in Florida, U.S.A. dubbed Pine Island Redfish.
The new project will farm redfish on the eponymous Pine Island in Southwest Florida, located near the city of Fort Myers. The site of the farm has already been fully permitted, the company said.
“In studying sites for this farm, we were directed to Pine Island, Florida, as a
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The U.S. state of Alaska is planning to reopen the red king crab fishery on 15 October, the first harvesters will have a quota in two years.
The historically lucrative crab fishery, which runs in the winter months in Bristol Bay, was canceled in 2021 after a bottom-trawl survey by the National Marine Fisheries Service revealed the stock was not robust enough to support a fishery. The red king crab stock had been on a downward trend
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San Diego, California, U.S.A.-based BlueNalu has successfully raised an additional USD 33.5 million (EUR 31.5 million) from new and existing investors in a recent Series B financing round.
The new financing, venture capital firm Argonomics said in a release, will help BlueNalu continue scaling its cell-cultured seafood. Argonomics has invested USD 8 million (EUR 7.5 million) in BlueNalu across multiple funding rounds.
The additional funding
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Bodø, Norway-based Gigante Salmon has secured a path to additional funding to cover an additional NOK 200 million (USD 18.1 million, EUR 17.2 million) it expects to spend on its land-based salmon facility.
Gigante Salmon is building a flow-through salmon aquaculture system with an expected production capacity of 20,000 metric tons of Atlantic salmon annually. On 7 September, the company announced that inflation has lifted the total
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