Dallas, Texas, U.S.A.-based NaturalShrimp has cut the ribbon on a Webster City, Iowa-based facility it acquired from Alder Aqua in August 2020.
The facility previously produced barramundi under the VeroBlue brand, and was acquired by NaturalShrimp for USD 10 million (EUR 8.3 million). Involved in the deal was the purchase of tanks, rolling stock, inventory, permits, customer lists, and contracts.
Now NaturalShrimp has begun the… Read More
The New England Fishery Management Council approved Framework Adjustment 33, setting the guidelines for the scallop fishery for 2021 …
Photo courtesy of NEFMC/UMass Dartmouth School for Marine Science and… Read More
The International Commission for the Conservation of Atlantic Tunas (ICCAT) has approved a rollover of 2020’s total allowable catch (TAC) for western Atlantic bluefin tuna.
In response, non-governmental organizations including The Pew Charitable Trusts have warned the move will likely lead to overfishing of the stock.
The ICCAT approved a TAC of 2,350 metric tons (MT) for 2021, a rollover of the quota used last year. Of that, the… Read More
Global shrimp production was significantly lower than projected in 2020 as it took an unexpected hit from the COVID-19 pandemic.
Before the pandemic, experts were predicting that the shrimp industry would see a slight increase in production in 2020, as is typical every year barring any emerging diseases. As Charoen Pokphand Foods Executive Vice President Robins McIntosh shared during a recent Global Seafood Market Conference (GSMC) webinar,… Read More
The administration of U.S. President Joe Biden announced on 27 January that the president plans to sign an executive order that commits to a “30 by 30” goal first envisioned in the Ocean-Based Climate Solutions Act that was introduced to the U.S. House of Representatives in 2020.
The “30 by 30” plan aims to commit 30 percent of lands and oceans to conservation by 2030, which in the House version of the bill entails a… Read More
Hong Kong-based Avant Meats – specializing in cell-based “cultivated” fish fillets – today announced that Vinh Hoan Company (VHC) has agreed to purchase Vinh Technology Pte Limited, a Singapore-based company with a minority interest in Avant …
Photo courtesy of Avant… Read More
Recently inaugurated U.S. President Joe Biden announced – just hours after he was sworn in – that he plans to perform a review of the Trump administration’s actions regarding a number of national monuments, including the Northeast Canyons and Seamounts monument.
The Northeast Canyons and Seamounts National Monument is the first national monument in the Atlantic Ocean, and one of just five marine monuments in the U.S. Located… Read More
The COVID-19 pandemic’s drastic impact on foodservice may have severely hampered sales in that category, but retail saw a massive uptick – and higher-end seafood was the biggest winner …
Photo courtesy of… Read More
An group of residents of the U.S. state of Maine have announced their opposition to an American Aquafarms proposal to grow up to 30,000 metric tons (MT) of Atlantic salmon in closed net-pens located near the town of Gouldsboro.
American Aquafarms President and CEO Mikael Rones told SeafoodSource soon after the project’s announcement he chose Maine due to its natural resources and the aquaculture industry’s potential in the… Read More