Chris Chase

Land-based turbot and sole producer Stolt Sea Farm reported increased revenue in Q3 2026 but saw a lower profit due to a fair value adjustment hit. Stolt Sea Farm posted revenue of USD 40.6 million (EUR 36.1 million) in Q3 2026, an increase over the USD 39.5 million (EUR 35.2 million) it posted in the same period of 2025. Despite that increase, gross profit dropped heavily due to a fair value adjustment, which resulted in a loss of USD 3.1… Read More

AKVA group has officially completed an intragroup merger with Submerged, the company announced.  AKVA first announced the merger on 30 June, with the company planning to acquire all assets, rights, and liabilities of Submerged, after which the latter company would be dissolved and deleted as a legal entity.  AKVA bought a majority stake in Submerged in August 2023, purchasing a 51 percent stake with an agreement to acquire up to 100 percent of… Read More

The World Agriculture Forum, with contributions from the FAO and Indian Council of Agriculture Research (ICAR), has released a new report calling for more investment and research in the blue economy – and more buy-in from governments. Titled “Blue Economy Rising: Oceans, Aquaculture, and the Future of Food Security,” the new report covers the current state of aquatic food systems, lessons learned from them, and how investment and… Read More

A mollusc farm in Baja California Sur, Mexico has become the first in the country to join the Aquaculture Stewardship Council’s improver program. The company, based in Bahia Magdalena, Baja California Sur, engages in regenerative cultivation of a number of different bivalve molluscs, including oysters, Catarina scallops, chocolate clams, and pen shell, according to the ASC. Established in 2018, the company works to create a positive impact on… Read More

Canada’s Department of Fisheries and Oceans announced the government fined a group CAD 19,000 (USD 13,400, EUR 11,800) for harvesting shellfish from a contaminated area, among other Fisheries Act violations. DFO said five recreational harvesters were fined the combined CAD 19,000 total for multiple illegal fishing activities. The largest fine of CAD 5,000 (USD 3,500, EUR 3,100) was given to Jucy Canupin for harvesting shellfish from a… Read More

Aquaticode, the developer of an AI-powered fish-sorting system, has debuted a new product it has dubbed AquaLens, which it said can detect deformed juvenile fish in fish hatcheries.  The company said a single AquaLens system, which is initially targeted toward sea bass and sea bream, can sort 350,000 fish in a day. Currently, sorting is often done by teams of 15 to 30 people and is a necessary step for hatcheries as many buyers have strict… Read More

The United Nations, in collaboration with the World Wide Fund for Nature’s Greening Financial Regulation Initiative, has published a new revised edition of the Ocean Investment Protocol. First released in 2025, the Ocean Investment Protocol gives investors and financial institutions a roadmap for how to support the ocean economy while also supporting sustainability and a healthy ocean. The protocols were designed to help investors align with… Read More

The European Union has decided to keep restrictions on oil and gas exploration in the Arctic. Euronews reported an E.U. spokesperson told the publication a moratorium on all oil and gas exploration in the Arctic will remain, despite oil and gas industry representatives and Norwegian government officials both pushing for a drop in the ban. According to Euronews, a new strategy will be announced on 20 October, which will include the… Read More

Captain Fresh has revealed its revenue and EBITDA for the last four years, highlighting a steady increase in both metrics across the time frame. In a LinkedIn post, Captain Fresh Founder and CEO Utham Gowda said the company is “trying something new” in 2026 by revealing its annual results. According to the post and a video Captain Fresh released, the company posted revenue of INR 51.69 billion (USD 539.1 million, EUR 437.8 million) in… Read More

Norwegian aquaculture technology firm AKVA group is selling off some of its property in Hitra, Norway to Corvus Estate and leasing it back. Corvus, a subsidiary of Bevest, is a real estate investment company that specializes in warehouses and the light industrial sector. The exact financial terms of the transaction were not disclosed. Bevest said as part of the purchase, a purpose-built, “bare house” facility will be constructed on AKVA… Read More