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Aquaculture News

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

Scottish Salmon Company salmon

The Scottish Salmon Company recorded a loss before interest and taxes of GBP 12.5 million (USD 15.6 million, EUR 14.7 million) for the third quarter of this year, down from a profit of GBP 716,000 (USD 892,275, EUR 842,386) in Q3 2015, with Managing Director Craig Anderson attributing the result to “unprecedented levels” of fish mortality and lower harvest weights in what is historically a low volume quarter for the industry.

The Edinburgh-based company, which operates sites across the west...

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USDA Logo 318x203

The U.S. Department of Agriculture's (USDA) National Institute of Food and Agriculture (NIFA) has announced four grants totaling USD 1.2 million (EUR 1.13 million) to support the development of environmentally and economically sustainable aquaculture in the United States.

The grants will support research taking place at universities across the United States, according to a USDA press release. The funds were awarded through the Aquaculture Research Program authorized by the Competitive...

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Camanchaca

Chilean salmon producer Camanchaca announced the successful completion of the Global Aquaculture Alliance’s Best Aquaculture Practices audit for its Petrohue hatchery on 21 November, meaning the producer is now a 4-star BAP-certified operation.

Located in the Los Lagos region, the land-based Petrohué hatchery had been badly damaged in the eruption of the Calbuco Volcano in 2015. Camanchaca, however, was able to quickly rebuild and reinstate the hatchery, which uses recirculated well water for...

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IPSP

Ecuador business Industrial Pesquera Santa Priscila S.A. (IPSP) has received its first star under the Global Aquaculture Alliance’s Best Aquaculture Practices (BAP) program for its tilapia farm.

A producer-partner to Tropical Aquaculture Products, IPSP is the only farm raising saltwater tilapia, according to the company. The farm weans its fish in ponds that are infused with fresh water from the mountains and salt water from the sea – the result of such parentage is a “sweet, succulent taste,”...

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ChinaAquaculture

China’s aquaculture sector will continue to struggle for cash as long as obstacles like inadequate insurance cover persist, according to a leading private equity manager seeking investment opportunities in Chinese seafood.

Chinese investor Sun Yan, head of Beijing Tai You Investment Co, believes seafood has changed from “non-essential food” to a “blue granary.” The seafood market in China is “full of opportunity” thanks to technological breakthroughs in mariculture and logistics that make...

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