Chris Chase is the Portland, Maine-based associate editor of SeafoodSource. Previously, he worked covering local issues at the Coastal Journal in Bath, Maine, where he won multiple awards from the Maine Press Association for his news coverage and food reviews. Chris is a graduate of the University of Maine, and got his start in writing by serving as a reporter and later the State Editor of The Maine Campus, an award-winning campus newspaper.
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Proximar Seafood, which operates a land-based salmon recirculating aquaculture system (RAS) in Shizuoka Prefecture, Japan, has launched a subsequent offering to raise up to an additional NOK 25 million (USD 2.4 million, EUR 2.2 million) for its project.
The funds will be raised through the sale of an additional 12.5 million shares, at a share price of NOK 2 (USD 0.19, EUR 0.17) per share.
The latest offering is an extension of
… Read MoreThe Kingfish Company has completed an extension of its Netherlands-based recirculating aquaculture system (RAS), more than doubling its production capacity.
In a Q4 2023 trading update, The Kingfish Company said its latest expansion – which builds upon the company’s existing Zeeland, the Netherlands-based facility – will increase its total yellowtail kingfish production capacity to 3,500 metric tons (MT). The company added
… Read MoreA critically endangered North Atlantic right whale was found dead off the coast of Edgartown, Massachusetts, U.S.A. on 29 January – the second right whale death so far in 2024.
NOAA Fisheries reported the dead whale, and since that time, marine experts with the International Fund for Animal Welfare have performed an initial investigation into the cause of its death.
“The deceased whale was found entangled,” IFAW Animal Rescue
… Read MoreThe Southern Shrimp Alliance is calling on the U.S. government to increase its scrutiny of shrimp processed and shipped to the U.S. by Chinese exporters, and a complete ban on imports from multiple companies, after recent revelations regarding alleged uses of Uyghur and forced labor by The Outlaw Ocean Project.
In just over a year, artificial intelligence (AI) programs like ChatGPT, Midjourney, Bard, and more have gone from a novelty to a viable tool for an array of industries – and the seafood industry could capitalize on them to increase sales and target more customers.
The use of AI is not new to the seafood industry but typically is relegated to uses in the aquaculture industry. An analysis by ThisFish CEO and Co-Founder Eric Enno Tamm
… Read MoreThe share prices of some of the top publicly traded salmon-farming companies in Norway dropped sharply after the European Commission informed them it was advancing an investigation into price fixing in the salmon spot market.
The E.C. alleged that Mowi, Cermaq, Grieg, Bremnes, Lerøy, and SalMar all breached European Union antitrust rules and colluded to influence prices on the spot sales of Norwegian-farmed Atlantic salmon. The
… Read MoreAlaskan Leader Seafoods is working to have its miso black cod penetrate markets across the U.S., as the company works to leverage the growing available quota into a sustainable option for Alaska’s fishing fleet.
The company has been expanding the product in both retail and restaurant markets, capitalizing on the notoriety it obtained through winning two awards at the Alaska Symphony of Seafood in 2022. Alaskan Leader Seafoods
… Read MoreClimate change is undeniably having an impact on where certain seafood species are located, and its exact effects are still being researched.
Research being done in how stocks are shifting varies. Some NOAA studies have predicted high-value groundfish species will migrate toward deeper offshore waters on the west coast of the U.S., while others are pointing out the risks it poses to global blue food production. Despite those risks, a panel
… Read MoreContinued penetration across multiple markets has helped power salmon to be one of the few species to see steady growth even in the face of economic headwinds.
A panel of experts, speaking during the Global Seafood Market Conference on 24 January in Orlando, Florida, U.S.A., noted the impressive growth salmon has experienced over the past five years. Data shared from Circana showed that over the past five years, fresh, frozen, and canned
… Read MoreAs aquaculture operations raising novel species in unique ways begin to establish themselves in the market, one of the most important resources to have is patience, a panel of experts said.
During the Global Seafood Market Conference – running from 23 to 25 January in Orlando, Florida, U.S.A. – a group of emerging aquaculture industry executives gave an overview of the trials and tribulations of debuting either a new species, a new
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