Andfjord Salmon remains on track with its plan to increase production at its land-based, flowthrough system in Kvalnes, Norway, according to its Q4 2022 financial update.
Andfjord Salmon CEO Martin Rasmussen told shareholders at a presentation of Q4 2022 results the company had provided “successful provided proof of concept” with its first large salmon pool, which was stocked with smolts in June 2022.
“Briefly summarized,
… Read MoreThree new reports for 2023 look at the current state of the global seaweed industry, its future potential, and the health risks of eating it.
In its State of the Industry 2023 report, seaweed industry tracker Phyconomy found more than USD 375 million (EUR 351 million) in disclosed equity investment has been placed in seaweed projects in the past three years. Phyconomy tracks the emerging seaweed economy using publicly available data.
The
… Read MoreFaroese salmon-farming firm Bakkafrost is forging ahead with an ambitious DKK 6.2 billion (USD 886 million, EUR 833 million) investment plan for 2022-2026, with a heavy focus on Scotland.
In 2019, Bakkafrost purchased a majority stake in the Scottish Salmon Company for NOK 3.76 billion (USD 411.1 million, EUR 374 million at time of sale), making it Scotland's second-largest salmon farmer by volume. It has since renamed the operations to
… Read MoreA London, England-based start-up is planning a 5,000-metric-ton land-based Atlantic salmon farm in the historic fishing town of Grimsby, U.K., which currently serves as the U.K.’s major seafood-processing hub.
Dubbed the New Clee Aquaculture Facility, the 40,000-square-meter development will include a recirculating aquaculture system (RAS) farm, an integrated processing unit, a water treatment plant, and a feed storage unit. It will be
… Read MoreA year after launching technology that enables food manufacturers to utilize ground-up chicken bones and hard tissues in their products, Finnish food tech company SuperGround has expanded into the seafood space.
SuperGround's patented process softens, heat-treats, and grinds fish byproducts – including previously unusable bones, skin, scales, and other hard tissue – into a thick paste that can be used in the production of fish
… Read MoreThe recent launch of a U.K.-wide Food and Drink Export Council by the Department for International Trade heralds a new era for British exports, according to Seafood Scotland Chief Executive Donna Fordyce, who will be serving on the council representing the seafood industry.
The initiative, set up in response to one of 22 recommendations from a 2021 Trade and Agricultural Commission report, aims to boost U.K. food and drink exports in the
… Read MoreThe E.U. has long given its due to artisanal and small-scale fisheries, with high-level consideration to their contribution to human wellbeing, food provision, and environmental stewardship, as well as the challenges they face from climate, economic, and political changes. But the same understanding is not extended to small-scale aquaculture, according to Ola Öberg, president of the Swedish producer organization Recirkfisk, whose membership
… Read MoreThe International Organization for Women in the Seafood Industry (WSI) closed its doors at the end of December 2022, blaming a lack of resources directed at solving gender issues as one of the primary causes of its shuttering.
For the previous eight years, WSI had worked to bring the seafood industry’s attention to the issue of gender, in partnership with governments, international organizations, companies, and individuals. One major
… Read MoreThe U.K. environmental campaign group Feedback, a non-governmental organization with the mission of seeking to address historic and current injustices in the food system, is threatening the U.K. government with a lawsuit over its alleged failure to properly regulate Scotland’s salmon-farming industry.
In a letter written to the U.K. government in advance of launching legal proceedings, Feedback said the U.K. government is required to
… Read MoreAmbassadors, product endorsers, and brand promoters are commonplace in today’s seafood marketplace, but their performance doesn’t always match up to the the cost of engaging them.
According to Danish media company Influencer Marketing Hub (IMH), ambassador marketing is a winning strategy – if done correctly.
“Ambassador marketing will always win over paid advertising because of the authenticity of the people involved.
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