The rise of green bonds, sustainability-linked loans, and other “green” financing options in the sustainable financing market will likely continue, according to analysts with large financing institutions speaking in a session during Global Seafood Alliance’s GOAL 2021 conference.
Since its inception, green financing has increasingly become a more mainstream offering in the global financial system. Since 2007, over USD… Read More
Washington D.C., U.S.A.-based ACON Investments has announced that it has simultaneously acquired Northern Wind Inc., Suncoast Seafood Inc., and Raymond O’Neill & Son Fisheries Ltd. (ROSF) and is merging the three companies to create a new entity with the name of Atlantic Sustainable Catch.
The new company, will be a processor and distributor of premium, sustainable seafood, ACON said in a release. The combined acquisitions will… Read More
Atlanta, Georgia, U.S.A.-based Ecto, the creator of software to enable improvements in aquaculture operations, has announced a successful Series A funding round of USD 7 million (EUR 6 million).
The funding round was backed by Rabobank’s Venture Fund, along with Seventure Partners and Aqua-Spark, who joined existing investors Yield Lab and Vodia Ventures. The funding will be used to advance its position in the… Read More
A federal judge has dismissed a class-action lawsuit claiming Subway Restaurants’ tuna sandwiches and wraps did not contain any actual tuna.
The lawsuit was filed on 21 January, and subsequently gained national media attention when a New York Times report claimed its lab testing didn’t find evidence of tuna DNA in the company’s sandwiches. At the time, the company defended its tuna products, and DNA testing experts contacted by… Read More
The Kingfish Company announced today that it plans to increase its current capacity guidance on all current and future facilities from 1,250 metric tons (MT) to 1,500 MT a year, and that it is currently researching potential aquaculture sites in Southern Europe and on the U.S. West Coast …
Photo courtesy of The Kingfish… Read More
Survey groups informed the New England Fishery Management Council that scallop biomass in key areas of the fishery are much lower as substantial year classes begin to age …
Photo courtesy of the Virginia Institute of Marine… Read More
BluGlacier, along with salmon producer Ventisqueros, recently announced the completion of a major facelift for the Silverside Coho salmon brand.
Silverside is Ventisqueros’ algae-fed Coho salmon brand is raised on Corbion’s AlgaPrime algae-based feed …
Photo courtesy of… Read More
Non-governmental organization Oceana announced on 4 October it has filed the first-ever Submission on Enforcement Matters against the U.S. government under the recent United States-Mexico-Canada Agreement (USMCA).
Signed in 2019, the USMCA is a free-trade agreement between the three countries that includes mechanisms such as the Commission for Environmental Cooperation (CEC). Under the new agreement, a person or organization can file a… Read More