Canada’s Ocean Supercluster – a “cluster model” of investment that pools member money to advance ocean-based technology – and multiple Canada-based electric companies are investing CAD 10.5 million (USD 7.7 million, EUR 7.3 million) in AI fish monitoring technology.
The investment is aimed at advancing AI fish monitoring technology and fish tracking so that power companies can maximize energy production an
… Read More
The International Council for the Exploration of the Seas (ICES) has advised big cuts to the Northeast Atlantic spring spawning herring stock.
In its advice, published on 29 September, ICES advised that if the long-term management strategy agreed to by the U.K., the Faroe Islands, Iceland, Norway, Russia, and the E.U. is applied, the total allowable catch (TAC) in 2024 should be no more than 390,010 metric tons (MT). That total represents a 44
… Read More
Fujian Qingliu Shoho Eel Industry, a subsidiary of C-J Global Group, is aiming to expand the market for its eel products beyond Japan.
The company farms eel in Qingshui County, in the Fujian Province of China, and has a headquarters in Tokyo, Japan. It sources its baby eels from Japan and from the U.S. state of Maine, raising them to market size at its farm.
Fujian Qingliu Shoho Eel Industry General Manager of Asia Wei Zhang told SeafoodSource
… Read More
A fire at Raw Seafoods Inc.’s facility in Fall River, Massachusetts, U.S.A. on Wednesday, 27 September, forced the company to evacuate all of its employees, but damage was kept to a minimum.
According to WPRI, the fire broke out Wednesday afternoon, but employees managed to keep the small fire contained with fire extinguishers prior to evacuating. Firefighters then quickly knocked down the flames, with no injuries reported.
Raw
… Read More
Bloomfield, Prince Edward Island, Canada-based South Shore Seafoods and several of its subsidiaries have been allowed to continue operating as a court-appointed restructuring firm decides the best way it can pay off millions in unpaid debt.
South Shore Seafoods and its subsidiaries – Captain Cooke’s Seafood, By the Water Shellfish, South Shore Seafoods International, Can-Am Lobster and Shellfish, Bridge Lobsters Limited, and
… Read More
Four crab fishermen in British Columbia, Canada, were hit with fines totaling more than CAD 287,000 (USD 212,700, EUR 201,400) for illegal fishing and license violations.
The Department of Fisheries and Oceans, Canada (DFO) announced that investigations by its fishery officers into the Boundary Bay commercial crab fleet in Surrey, B.C. resulted in several convictions after multiple violations were found on four different vessels.
One
… Read More
The Future of Fish Feed, also referred to as F3, has registered 40 different aquaculture feed companies as competitors in its new F3 Krill Replacement Challenge.
The challenge, announced in June, is the latest in a line of aquafeed challenges it has run each year since 2015. The challenges require participants to innovate and sell a new fish-free variety of aquaculture feed, with past winners of the challenge
… Read More
Auburn, New York, U.S.A.-based LocalCoho has received a new investment from Cuna del Mar, an investment company working to support innovative aquaculture methods.
LocalCoho said the “multi-million-dollar” investment will be used to help the company expand its pilot facility in the Finger Lakes region of upstate New York. The company is currently working in a 43,000-square-foot recirculating aquaculture system (RAS) facility in
… Read More
For two decades, Ron Risher has been a key figure in the Alaskan seafood industry, with experience at Icicle Seafoods and OBI Seafoods.
Risher’s knowledge of the Alaska market has led to him becoming a regular presence on the Global Seafood Market Conference’s salmon panel, where he annually provides updates on the U.S. state's salmon harvest and market.
Now, Risher is taking that knowledge to a new company in a new
… Read More
Russia is planning to run a new auction for the sale of crab fishing investment quotas in October, which will set quotas for the next 15 years.
The Russian Federal Agency for Fisheries has been signaling throughout 2023 that it planned to run investment quota auctions for several species in the country. In June, Russian Federal Agency for Fisheries Head Ilya Shestakov announced the agency was working to organize auctions for the remaining
… Read MoreRecent Articles
