Aquaculture News

SeafoodSource.com covers breaking news articles that pertain to the global aquaculture industry. 

AquaChile Salmon Fillet

Chile’s largest farmed salmon producer AquaChile recorded USD 192 million (EUR 175 million) in first-quarter sales, ending in March, a 15 percent decrease from the same period in 2014.

The Puerto Montt-based company attributed the drop in revenue to price decreases for sea trout, coho salmon and tilapia in its financial statement sent to the Superintendency of Securities and Insurance (SVS).

The company’s EBITDA pre fair value adjustments of the biomass were USD 5 million...

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Mitsubishi 480x315

The president and CEO of the Mitsubishi Corporation, Ken Kobayashi, met with Norwegian Prime Minister Erna Solberg in Oslo and took the opportunity to reaffirm his company’s long-term commitment to salmonid producer Cermaq.

Mitsubishi acquired the Norwegian state's shareholding in Cermaq last October, making the salmon farmer a wholly-owned subsidiary of the Tokyo-based trading and investment firm.

In his meeting with Prime Minister Solberg, Kobayashi emphasized Mitsubishi Corporation's...

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Scots Mussels Lg

The Scottish Shellfish Marketing Group (SSMG) has been shortlisted in two categories at the forthcoming Scottish Marine Aquaculture Awards in recognition of its work in environmental stewardship and product innovation.

The awards celebrate the achievements and successes of an industry that is vitally important to Scotland and its rural communities. 

SSMG is finalist in the Aquaculture Seafood Product of the Year and Stewardship Award categories.

Judges shortlisted SSMG in the...

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GAA Logo 318x203

A unique three-way partnership aims to build a global database of aquaculture facilities, including the farms, hatcheries, feed mills and processing plants.

The Global Aquaculture Alliance is partnering with Preferred Freezer Services and the University of Massachusetts Dartmouth on summer internship project, which Preferred CEO John Galiher — a 1984 UMass Dartmouth graduate — is funding. 

“This project is both an incredible gesture by John Galiher and the folks of Preferred Freezer...

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Bell Aquaculture Tanks

Bell Aquaculture, a yellow perch, trout and coho salmon farmer based in Redkey, Ind., USA, is facing lawsuits from vendors over unpaid invoices and facing questions about its financial health, according to a local newspaper report.

The indoor aquaculture company is facing more than USD 200,000 in court judgments stemming from lawsuits, some of which it never responded to.

“No one wants a faltering business, especially an Indiana business,” Indianapolis attorney Mike McCrory told The Star...

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