Cliff White is the executive editor of SeafoodSource. He has 15 years of experience as a professional journalist, including serving as the senior business reporter for the McClatchy-owned Centre Daily Times in State College, Pennsylvania, where he won state and national awards for his coverage of the development of the Marcellus Shale natural gas deposit and the Jerry Sandusky scandal.
Author Archive
Limited availability of king crab and snow crab has boosted U.S. buyer interest, in defiance of a downward sales trend across the seafood category.
On 15 October, the red king crab fishery in Alaska’s Bristol Bay officially opened with a 2.2-million-pound quota, following a two-year closure. As recently as 2016, the total allowable harvest was set at 8.47 million pounds; in 1980, it was 130 million pounds.
Alaska crab fishermen have thus
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Lower fishmeal and fish oil production coincided with slowing Chinese demand in October 2023.
While the use of marine raw materials remains in line with that of previous years, cumulative global fishmeal production during the first nine months of 2023 was down 26 percent year over year, according to IFFO, The Marine Ingredients Organization.
The predominant factor behind the decline has been a 70 percent year-on-year production decrease in Peru,
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WSense, an aquatech firm based in Rome, Italy, that is developing an underwater wireless communications system, has pulled in a EUR 9 million (USD 9.8 million) investment.
The commercial spinoff of research completed at Rome’s Sapienza University is working to commercialize a communications system that can deliver real-time information delivery and communication exchange for underwater environments. Its Series A fundraising round attracted
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Struggling with slower-than-expected growth of fish at its farms and a new salmon tax implemented by the Faroese government, Bakkafrost laid off 140 of its value-added processing workers on 8 November.
Earlier in November, Glyvrar, Faroe Islands-based Bakkafrost Group announced a decision to delay some planned harvests after recording slower growth and other biological challenges. In a statement, Bakkafrost CEO Regin Jacobsen blamed the
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Mediterra Capital has sold a majority stake in Turkish sea bass and sea bream producer Lucky Fish to E20 Investment, a United Arab Emirates-based agribusiness investment firm.
Mediterra, a private equity firm specializing in mid- and small-market investments in Turkey, has EUR 330 million (USD 308 million) under management, and has invested in 19 companies in Turkey since it was founded in 2011. It acquired 100 percent of Lucky Fish in 2013, and
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A collaboration between Colors Farm, Evogene, and Ben-Gurion University is seeking to develop a gene-editing technology for giant freshwater prawn (Macrobrachium rosenbergii), whiteleg shrimp (Litopenaeus vannamei), and red swamp crayfish (Procambarus clarkii).
Powered by a competitive grant from the Israel Innovation Authority, Hazeva, Israel-based sustainable aquaculture firm Colors Farm is planning to use computational biology solutions from
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Santiago, Chile-based Orizon Seafoods has acquired a 70 percent stake in seafood processing firm Fiordosur for USD 20 million (EUR 18.7 million).
Orizon Seafoods, part of Nutrisco, which is itself part of the Corpeca/Grupo de Empresas Copec conglomerate, which is owned by the Angelini Group, specializes in canned, frozen, and value-added seafood products of Chilean origin, especially jack mackerel and mussels. It also produces fishmeal and fish
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CORRECTION: A previous version of this story incorrectly stated that the SPRFMO operates via consensus-based governance. SPRFMO uses majority vote in its fisheries decision-making. SPRFMO Executive Secretary Craig Loveridge told SeafoodSource: "Whilst SPRFMO strives to take decisions by consensus wherever possible, voting has been used regularly and continues to be an important feature of SPRFMOs decision-making processes."
The U.S. Coast Guard
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In early November, Randy Rhodes left Harvest Select Catfish and Seafood, after serving as president of the Tuscaloosa, Alabama U.S.A.-based firm for more than 15 years. Prior to moving to Harvest Select Catfish & Seafood, he worked at Southern Pride Catfish. He can be reached at (334) 507-8153 or at [email protected].
SeafoodSource: What were the reasons for your departure from Harvest Select?
Rhodes: It had been planned for me to step
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Bluefront Equity-owned Seacloud has acquired the environmental monitoring products and software suite of Meox, a technology firm based in Namsos, Norway.
Alta, Norway-based Seacloud, a provider of cloud-based software and sensor technology for analysis and utilization of management data for commercial aquaculture operators, was acquired by Bluefront Equity in December 2022. It merged with Naviaq in August 2023.
Terms of the deal were not
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