Former Kingfish Company CEO Ohad Maiman and former Atlantic Sapphire CTO Thue Holm recently announced the formation of AquaFounders Capital, an investment company that will concentrate on three sub-sectors pertaining to land-based aquaculture: farming, software, and hardware. In a joint interview with SeafoodSource, Maiman and Holm discussed their reasons for forming AquaFounders Capital and their goals for the firm.
SeafoodSource: Both of you
… Read MoreFrance Finance Minister Bruno Le Maire has secured a deal with retailers that will result in price-cuts on hundreds of food items.
Le Maire previously threatened to implement special taxes on food companies that did not lower prices to align with lower costs as supply chain crunches have eased from the critical point they reached in 2022. United Nations' index of world food commodity prices reached a two-year low earlier this month on improving
… Read MoreAsda and Waitrose, Great Britain's third- and eighth-largest supermarket chains, have instituted price freezes on hundreds of products.
Asda announced on Tuesday, 13 June it has frozen the prices through August of over 500 products, mainly “cupboard essentials” including cereals, pasta, and tea; and “summer favorites” including salads, burgers, and ice cream.
“We’re always looking at ways we can support our
… Read MoreOslo, Norway-based Cermaq has signed a contract with AKVA Group worth at least EUR 60 million (USD 64 million) to build a land-based post-smolt facility in Hasvik, Sørøya, Norway in the northern region of Finnmark.
Engineering and design work on the recirculating aquaculture system (RAS) facility, which will have a production capacity of 12 million smolt annually, “will start immediately,” according to AKVA CEO Knut
… Read MoreTokyo, Japan-based Zensho Holdings has acquired Houston, Texas, U.S.A.-headquartered Snowfox Group, which operates 3,000 sushi kiosks in North America and the United Kingdom, for USD 621 million (EUR 575.5 million).
The Snowfox Group, a sushi manufacturer and wholesaler, was formerly known as Yo! Sushi but was renamed following a merger in 2019. Since that merger, Snowfox has rapidly expanded its full-service sushi program and now has
… Read MoreThe Santa Isabel, a fishing vessel allegedly owned by Aveiro, Portugal-based Antonio Conde and Companhía, has been detained in the port of Vigo, Spain.
The vessel, which has been accused of illegal fishing by a number of environmental groups, arrived in Vigo from Montevideo, Uruguay, in early May 2023. It was detained by port authorities after an inspection revealed more than 50 severe deficiencies in its maintenance, as well as another
… Read MoreSeafood Exporters’ Association of India President Jagdish Fofandi is calling for the improvement of aquaculture infrastructure nationwide and the expansion of shrimp aquaculture into Kerala state.
Fofandi, who was recently named the vice president of India’s Marine Products Export Development Authority (MPEDA), told The Hindu his country needs to improve its support for its aquaculture sector and make more land available for shrimp
… Read MoreA man died in Saint Louis, Missouri, U.S.A. of vibriosis after eating raw oysters he purchased from a seafood outlet in Manchester, Missouri.
The 54-year-old man died Thursday, 8 June, after becoming infected by the bacteria Vibrio vulnificus after he ate oysters sold by the Fruit Stand and Seafood, according to the Saint Louis County Department of Health.
“There is no evidence that the business did anything to contaminate the oysters,
… Read MoreStavanger, Norway-based aquafeed company Skretting has introduced Elevia, a new shrimp feed specifically designed for use in hatcheries and nurseries.
“[Elevia] is engineered to offer superior nutrition and water quality in shrimp hatcheries and nurseries. The precisely produced, stable micro diet improves larval performance while simplifying feed management and ensuring a cleaner system,” Skretting said. “Formulated to mimic
… Read MoreThe latest survey of the vaquita porpoise population in Mexico’s Upper Gulf of California has placed the current population of the species at 10 to 13 individuals, including one or two calves – level with the most-recent previous estimate from 2021.
The survey was conducted by the International Union for Conservation of Nature (IUCN) Species Survival Commission Cetacean Specialist Group in May 2023 in the gulf of California.
The
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