Cliff White

Mediterra Capital has sold a majority stake in Turkish sea bass and sea bream producer Lucky Fish to E20 Investment, a United Arab Emirates-based agribusiness investment firm.

Mediterra, a private equity firm specializing in mid- and small-market investments in Turkey, has EUR 330 million (USD 308 million) under management, and has invested in 19 companies in Turkey since it was founded in 2011. It acquired 100 percent of Lucky Fish in 2013, and

A collaboration between Colors Farm, Evogene, and Ben-Gurion University is seeking to develop a gene-editing technology for giant freshwater prawn (Macrobrachium rosenbergii), whiteleg shrimp (Litopenaeus vannamei), and red swamp crayfish (Procambarus clarkii).

Powered by a competitive grant from the Israel Innovation Authority, Hazeva, Israel-based sustainable aquaculture firm Colors Farm is planning to use computational biology solutions from

Santiago, Chile-based Orizon Seafoods has acquired a 70 percent stake in seafood processing firm Fiordosur for USD 20 million (EUR 18.7 million).

Orizon Seafoods, part of Nutrisco, which is itself part of the Corpeca/Grupo de Empresas Copec conglomerate, which is owned by the Angelini Group, specializes in canned, frozen, and value-added seafood products of Chilean origin, especially jack mackerel and mussels. It also produces fishmeal and fish

CORRECTION: A previous version of this story incorrectly stated that the SPRFMO operates via consensus-based governance. SPRFMO uses majority vote in its fisheries decision-making. SPRFMO Executive Secretary Craig Loveridge told SeafoodSource: "Whilst SPRFMO strives to take decisions by consensus wherever possible, voting has been used regularly and continues to be an important feature of SPRFMOs decision-making processes."

The U.S. Coast Guard

Bluefront Equity-owned Seacloud has acquired the environmental monitoring products and software suite of Meox, a technology firm based in Namsos, Norway.

Alta, Norway-based Seacloud, a provider of cloud-based software and sensor technology for analysis and utilization of management data for commercial aquaculture operators, was acquired by Bluefront Equity in December 2022. It merged with Naviaq in August 2023.

Terms of the deal were not

Boston, Massachusetts, U.S.A.-based BioFeyn, a biotechnology company with a focus on nutrient optimization in aquafeed, has signed a partnership with Nord University to “develop a game-changing product line for animal health.”

Founded in 2019 by Timothy Bouley and Marie-Christine Imbert, and funded via a USD 5 million (EUR 4.7 million) capital investment from industry players including Katapult Ocean, SOSV, Agfunder, and the Kuok

Through a new partnership, Bangkok, Thailand-based nutrient recapture startup Full Circle Biotechnology will supply Thai aquaculture technology firm HydroNeo with its insect-based shrimp feed additive.

Full Circle is a Bangkok-based nutrient recapture startup, that has created an insect-based animal feed. Their patent-pending technology allows agricultural waste to be upcycled through its unique use of black soldier flies and

U.K. retailer Iceland and supplier Fastnet Fish have cut ties with a Chinese processor alleged to have employed Uyghur workers, deemed by the U.S. government to be the victims of forced labor.

Iceland Foods, which operates around 900 supermarkets in the U.K., said it had cut ties with Shandong Meijia Group, one of the biggest seafood processing companies in China, which was accused in a recent report – along with eight other Chinese

Seattle, Washington, U.S.A.-based OBI Seafoods has replaced its CEO and chief financial officer.

OBI Seafoods announced the December 2023 retirement of Mark Palmer and CFO Tony Ross, and the promotion of John Hanrahan to the CEO position and Monica Hollenback as CFO.

The company said the moves come “as part of the company’s growth and succession plan.”

“We were fortunate for many years to have Mark and Tony as part of our