The BC Salmon Farmers Association said it has “grave concerns” that Canadian Minister of Fisheries and Oceans Joyce Murray is committed to completely closing all salmon farming in British Columbia, Canada.
The organization, which represents salmon farmers in the province, said it learned Murray is proposing the further removal of salmon farms in B.C. Canada's Department of Fisheries and Oceans (DFO) has already closed 40… Read More
Preliminary data released by NOAA indicates that shrimp landings in the Gulf of Mexico were slightly above historical averages in February, building upon solid landings in January, but the price of every size hit their lowest levels since 2019.
Total February landings in the Gulf of Mexico were 1.4 percent above historical average, reaching 2.92 million pounds – slightly above the 2001 to 2022 average of 2.88 million pounds. That total is… Read More
Blue Water Fisheries, based in the U.S. state of New Hampshire, is proposing a new offshore aquaculture operation in the waters off the coast of New England.
The company has proposed installing 40 submersible fish pens in two mooring grids that would occupy 250 acres of open water roughly seven miles off the coast of Newburyport, Massachusetts, U.S.A. The company hopes to grow salmon and steelhead trout at the farm, along with lumpfish for a… Read More
Multiple political parties in Norway have reportedly reached an agreement on a new resource rent tax on aquaculture with a reduced tax rate of 25 percent, down from the originally proposed 40 percent.
The country’s current governing parties, the Labor Party and the Center Party, reached an agreement with the Venstre and Pasientfokus parties on the tax – giving it the majority it needs to pass. The new agreement sets the tax rate at… Read More
The United Kingdom Marine Management Organisation (MMO) has slowed the introduction of Inshore Vessel Monitoring Systems (I-VMS) after independent testing identified issues with certain devices the organization originally said met the criteria.
The MMO plans to make carrying an I-VMS device mandatory for all vessels under 12 meters – both domestic and foreign – fishing in English waters. All vessels were pushed to install one of four… Read More
Innovasea announced it has successfully helped Petros Aquaculture secure the needed government approvals to launch a 3,000-metric-ton (MT) open-ocean fish farm eight kilometers off the coast of Aruba.
The new farm, according to a releases from Innovasea, will farm northern red snapper using Innovasea’s “SeaStation” technology. The farm will be built in three phases, and will feature 16 SeaStations supported by a land-based… Read More
Atlantic Sapphire’s board of directors elected new board members at its latest general meeting on 23 May, and for the first time founder and CEO Johan Andreassen will not be a member.
The change, the company's nomination committee said, is intended to allow Andreassen to focus more on the operations of the company.
"The nomination committee believes that Johan Andreassen stepping down from the position of chairman of the board of… Read More
Salmon Evolution reported lower revenue and widening losses in Q1 2023 on the heels of dealing with an outbreak of amoebic gill disease that caused elevated mortality at its land-based farm in Indre Harøy, Norway.
The Molde, Norway-based company posted a total operating revenue of NOK 2.97 million (USD 271,000, EUR 251,620) in Q1 2023, down from NOK 6.81 million (USD 621,599, EUR 576,955) during the same period last year. The… Read More
Data from His Majesty’s Revenue and Customs (HMRC) indicates that the value of Scotland’s salmon exports to Asia more than doubled in Q1 2023, according to trade organization Salmon Scotland.
HMRC data indicates the value of Scotland’s salmon exports to Asia reached GBP 24 million (USD 29 million, EUR 27 million) in response to growing demand from the region. Strong demand from China, Taiwan, Singapore, and South Korea… Read More
Auckland, New Zealand-based Sanford Limited posted an improved financial performance for the six months ending 31 March, 2023.
The seafood company posted revenue of NZD 277.6 million (USD 173.6 million, EUR 161.1 million) for H1 2023, up 2.5 percent compared to the NZD 270.9 million (USD 169.3 million, EUR 157.2 million) it posted in H1 2022. The higher revenue coincided with a higher a net profit after tax of NZD 11.1 million (USD 6.9… Read More