Singapore-based Blue Aqua International has received a further investment from two Omani businesses.
Bahwan Group and Muscat Investment House will invest in the aquaculture company’s planned recirculating aquaculture system (RAS) trout farm in Singapore, according to an agreement signed 14 July. The investment will speed up construction of the farm, which is expected to open by 2024 and produce 3,000 metric tons (MT) of trout
… Read MoreOver the past five years, Lin Zilong has transitioned from haute couture to haute cuisine.
Beginning in the early 2000s, Lin, who goes by the anglicized name Alex Lam, carved out a career as a hair and make-up stylist serving some of Hong Kong’s biggest celebrities, including television and movie stars. In 2016, he moved into designing wedding and evening gowns at Monique and Co., with famous clients including author Lu Huiyi and the
… Read MoreThe global seafood industry is not adapting fast enough to the bevy of threats it faces due to climate change, a Blue Food Assessment study has found.
Climate change is the biggest problem barreling down on the industry, but pollution and overfishing also loom large, according to "Vulnerability of Blue Foods to Human-induced Environmental Change,” published 26 June in Nature Sustainability. It is one of seven scientific papers being
… Read MoreThe International Whaling Commission (IWC) has warned the critically endangered vaquita porpoise will likely disappear from the earth if immediate action isn’t taken to save it from extinction.
Just 10 to 13 individual vaquita remain alive, all in the Northern Gulf of California in Mexico, down from 570 in 1997, according to a survey released in June 2023.
The IWC was created in 1946 as a global body responsible for managing the
… Read MoreCooke-owned Wanchese Argentina, a subsidiary of Wanchese Fish Company, has added a new-built scallop vessel to its fleet.
On 5 August, the vessel was christened after being completed at the Astilleros Armon shipyard in Vigo, Spain.
“This new vessel is designed to be fuel efficient, offer modern accommodations for the crew, and leverage new technology and equipment to find new efficiencies in our harvesting and processing,” Cooke
… Read MoreThe Vietnam-Israel Free Trade Agreement (VIFTA) was signed on 25 July, with predictions it will boost bilateral trade by 50 percent within two years.
The agreement was signed by each nation’s trade minister after seven years of negotiations. Trade between the two countries was valued at USD 2.2 billion (EUR 2 billion) in 2022, up 18 percent year over year, and is expected to reach USD 3 billion (EUR 2.7 billion) next year thanks to the
… Read MoreAmazon has commenced an overhaul of its grocery business, with a goal of winning over a larger chunk of the USD 1.5 trillion (EUR 1.36 trillion) U.S. market.
Amazon, which operates 515 Whole Foods supermarkets, 45 Amazon Fresh stores, and 23 Amazon Go markets, wants to move from a niche grocer – it operates tech-savvy Amazon Fresh stores and acquired the high-end Whole Foods Market chain in 2017 – to the mainstream, according to Tony
… Read MoreNew Delhi, India-based Ucliq has scored an angel investment from We Founder Circle.
The B2B marketplace start-up, specializing in seafood and chicken, won the INR 7 million (USD 84,000, EUR 78,000) investment after participating in the EvolveX Accelerator.
“UcliQ aims to revolutionize India’s meat supply chains by providing an easy, transparent, and secure digital platform that connects buyers and sellers, including HoReCa,
… Read MorePrices in Russia for pink salmon have dropped 15 percent as a predicted record-setting catch has increased supply far above domestic demand.
A preliminary forecast of 375,000 metric tons (MT) of pink salmon made in February 2023 is likely to be surpassed, with 285,000 MT already caught, according to the Russian Association of Production and Trade Enterprises of the Fish Market. That’s nearly as much as the 2022 season, though
… Read MoreWalmart has opened registration for its annual open call event, through which entrepreneurs and small business owners can pitch their products to the world’s largest retailer.
The hybrid event will take place online and along a monthlong countrywide touring initiative featuring a two-day event in Walmart’s Bentonville, Arkansas, U.S.A. headquarters 24 and 25 October, 2023.