Cliff White

CORRECTION: Thor Landeldi is not related to First Water, previously named Landeldi. These are two separate companies, though both are located west of Thorlakshofn and both are building land-based salmon farms. 

IS Haf has acquired a 53 percent share of Thor Landeldi, which is developing a 20,000-metric-ton Atlantic salmon farm in Laxabraut, Iceland.

The Icelandic investment fund, created in February 2023 by Íslandsbanki’s

The Center for Food Safety scored a victory on 5 October with a court ruling allowing the U.S. Army Corps of Engineers to revoke its general permit for commercial shellfish operations in Washington state.

However, the Corps’ has issued “letters of permission” to most shellfish operators in the state, and the environmental non-governmental organization is now targeting their rollback as its next task in its stated mission of

Kinabalu Lestari, the operator of Malaysia’s first commercial recirculating aquaculture system (RAS), is expecting to begin harvesting its first crop of barramundi within months.

The company, a joint venture of Borneo Lestari and Sawit Kinabalu, received MYR 85 million (USD 18 million, EUR 17 million) in funding from Sabah state government when it launched in 2021. It has since built a functional RAS in Langkon, Kota Marudu, Malaysia, and

Domaio, Pontevedra, Spain-based seafood firm Fandicosta is for sale, and fellow Galician enterprise WOFCO is interested.

Affected by higher costs and tighter interest rates, Fandicosta has entered negotiations with several interested parties in a sale, according to Faro de Vigo.

Fandicosta, founded in 1989, is comprised of an eponymous marketing firm and Casa Botas, Peixemar, Bonfrig, and a 50 percent share of Argentinean fishing firm Pesquera

First Seafood has opened a new salmon-processing plant in Kongsvinger, Norway, and has announced its plans to build another facility in Bergen.

The Oslo, Norway-based processor and exporter, which was acquired by Insula in 2016, confirmed its move on LinkedIn, saying it planned to open the facility in Q1 2024.

“Now it is official and we are happy to inform that Insula AS and First Seafood will establish a new salmon filet facility in

The Russian Fishery Company has signed a promotional agreement with Meridian, a Kosovo-based supermarket chain, and launched the Mekhanik Sizov, its third supertrawler.

The Meridian partnership will result in RFC supply high-quality pollock and surimi products, traditional crab sticks, and snow crab, and develop additional products, to Meridian’s 43 stores in Eastern Europe. The agreement was signed on 27 September at the Global Fishery

Swiss Blue Salmon has chosen VAQ to design the recirculating aquaculture system (RAS) for its Atlantic salmon farm planned for Mollis, Switzerland.

Swiss Blue Salmon originally partnered informally with Billund Aquaculture to help advance its mission to build what it has dubbed the “world’s smartest RAS farm.” In July 2022, Billund Aquaculture Norway split off from its parent company, and became VAQ in September 2022. It is now

Additional cases of infectious salmon anemia (ISA) have cropped up in Norway, along with a case of pancreatic disease. ISA is caused by a virus that is harmless to humans but which can cause mass mortalities at salmon farms as it spreads.

On 26 September, Salmar reported a suspected ISA case at a farm it operates with Veterinærmedisinsk Oppadragssenter in Norway’s Flatanger municipality, in Trøndelag county. The Norwegian Food

A strong run of sales growth has reignited the bidding for U.K. shelf-stable product brand Princes, which is being offered up by Mitsubishi for a minimum of GBP 600 million (USD 770 million, EUR 702 million).

The Japanese conglomerate, which has owned Princes since 1989, is entertaining bids from at least three bidders and is expected to collect GBP 700 million (USD 854 million, EUR 807 million) for the brand, according to The Grocer.