SeafoodSource.com covers breaking news articles that pertain to the global aquaculture industry.
By Gao Fu Mao, Contributing Editor reporting from Beijing, China
Published on Thursday, January 19, 2017
China-based Fangyuan Shipbuilding Co. is investing CNY 3 billion (USD 437 million, EUR 408 million) in an aquaculture and processing project in the Philippines intended to supply the Chinese market.
Headquartered in Zheijiang province on China’s east coast, Fangyuan plans fish farms involving 3,000 hectares and 10,000 workers. The firm builds vessels for Chinese fishing firms but hasn’t had any seafood operations of its own to date.
It’s not clear whether the deal is part of a Chinese pledge...Read More
By Jason Holland, Contributing Editor reporting from London
Published on Wednesday, January 18, 2017
Norway-headquartered salmon farmer Marine Harvest achieved operational earnings before interest and taxes (EBIT) of EUR 257 million (USD 274.8 million) in the fourth-quarter of last year, more than doubling the EUR 90 million (USD 96.2 million) posted in the corresponding period of 2015.
According to the company’s latest trading update, the operational EBIT of its salmon of Norwegian origin in Q4 2016 increased to EUR 2.70 (USD 2.89) per kg. Operational EBIT improvements were seen in its...Read More
By Cliff White, Editor
Published on Tuesday, January 17, 2017
A contest with grand ambitions of improving the sustainability of fish feed used in aquaculture is driving innovation amongst feed manufacturers.
The Fish-Free Feed (F3) challenge was created in 2016 to accelerate the development of aquaculture diets made without fish or fish oil. Eight teams have entered the challenge, competing against each other to be the first to sell 100,000 metric tons of their feed by 15 September, 2017. If none has reached that threshold within the allotted time, the...Read More
By Cliff White, Editor
Published on Friday, January 13, 2017
As part of its broader expansion plans for Africa, Danish aquaculture firm Aller Aqua, a Danish aquaculture firm, has broken ground on a fish feed factory in Siavonga, Zambia.
The company said it has invested USD 10 million (EUR 9.4 million) in the plant plant, which will produce high-quality extruded fish feed for aquaculture, it said in a press release.
“With the investment in Zambia, we will be the market leader in Africa in terms of modern and environmentally friendly fish feeds for...Read More
By Chris Loew, Contributing Editor, reporting from Osaka, Japan
Published on Tuesday, January 10, 2017
With the spring bounce in demand for fishmeal on the horizon, aquaculture companies in Japan are looking at all their options for obtaining reasonably priced feed, which is becoming increasingly difficult to find.
Peru’s anchovy fishing season, which opened in November, has been predicted to be a good one – with the biomass estimated at 6.86 million metric tons (MT), according to the country’s fishery science center, IMPARPE. Accordingly, Peru set a 2 million MT quota, 81 percent above that of...Read More
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