The 11th edition of Seafood Expo Asia, running from 11 to 13 September at the Sands Expo and Convention Centre in Singapore, is bringing back its conference program and hosting the Seafood Excellence Asia Awards – recognizing the best new seafood products represented at the expo – for the first time.
The latest edition of Seafood Expo Asia will be the largest in the exhibition’s history, hosting more than 350 exhibitors from
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AquaBounty Technologies is pursuing a reverse stock split at a special meeting of its stockholders as the company’s stock price continues to remain below the USD 1.00 (EUR 0.93) threshold it needs to meet to remain listed on the Nasdaq Stock Market.
The company, which has developed genetically engineered Atlantic salmon and had “aggressive” plans to develop multiple recirculating aquaculture system (RAS) facilities, was
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Australian yellowtail kingfish farmer Clean Seas posted record revenue and higher profitability in the 2023 fiscal year, achieving positive cashflow.
The Royal Park, South Australia, Australia-based company posted a record revenue of AUD 69.4 million (USD 44.7 million, EUR 41.5 million) in FY 2023, up AUD 3.24 million (USD 2.01 million, EUR 1.94 million) from the AUD 66.1 million (USD 42.6 million, EUR 39.5 million) it posted in FY 2022..
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New Bedford, Massachusetts, U.S.A.-based Blue Harvest Fisheries is reportedly shutting down all of its fishing operations.
The company, which recently suspended its processing work and laid off workers in March 2023, told fishermen it will by ceasing operation on Friday, 1 September, the New Bedford Light reported. Luke deWildt, captain of the Teresa Marie IV – one of Blue Harvest’s fishing vessels – said his most recent
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Maruha Nichiro, the world’s largest seafood company, reported higher net sales for its marine products segment, but lower income in the first quarter ending June 2023.
The Tokyo, Japan-based conglomerate's operating income of JPY 250.9 billion (USD 1.71 billion, EUR 1.58 billion) for the quarter ending June 2023 was up 7.9 percent from the JPY 232.6 billion (USD 1.59 billion, EUR 1.47 billion) it posted in the same quarter last year. The
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Atlantic Sapphire, the Miami, Florida, U.S.A.-based company aiming to build one of the largest salmon recirculating aquaculture system (RAS) facilities in the world, said it is expecting to breach financial covenants based on its projected revenue and cash flow in H2 2023.
In its H1 2023 results, released 24 August, the company said it is preparing interim consolidated financial statements for the period spanning 1 January 2023 to 30 June
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Swiss Alpine Fish, a land-based salmon farming company based in Lostallo, Switzerland, has received local regulatory approval to expand its aquaculture facility.
The company, founded in 2013, said it has received approval from the Civic Community of Lostallo for a planned expansion of its recirculating aquaculture system (RAS) salmon farm. Swiss Alpine Fish has been successfully farming salmon in the Swiss Alps for years and selling it
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Norcod posted higher revenues and higher operating losses in Q2 2023 as the company finished a round of accelerated harvests.
The Norwegian cod farming firm posted NOK 39 million (USD 3.6 million, EUR 3.3 million) in revenue in Q2 2023, up 39 percent from its Q2 2022 result of NOK 34 million (USD 3.1 million, EUR 2.9 million).
Norcod's higher revenue was partially driven by forced harvesting imposed upon the company by the
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Fisheries Innovation and Sustainability (FIS), a coalition of experts in the U.K. working to develop innovative technology for the fishing industry, has developed concept vessel designs that could help move the U.K. toward a net-zero fishing industry.
The report, and the concept vessels, are the result of a collaboration between Macduff Ship Designs, the University of Exeter’s Centre for Future Clean Mobility (CFCM), and FIS. The
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A partnership between aquafeed manufacturer Veramaris and aquaculture data analytics firm Manolin has revealed new details in how feeds high in omega-3s impact commercial salmon farming output.
Through the partnership, Vermaris and Manolin used data collected from over 232 million fish and 99 farms to determine what benefits – if any – including higher levels of EPA and DHA omega-3s in feed might have. Through the study, the
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