Jason Holland

The Global Shrimp Council (GSC) has announced a marketing campaign aimed at getting more people to eat more shrimp, starting with the U.S. market.

The GSC was founded in 2023 to create a unified industry effort to significantly change market dynamics for shrimp, he said. It hired Miguel Barcenas, the creator of the highly successful “Avocados from Mexico” promotional campaign, to lead an effort to create a global shrimp

Reykjavik, Iceland-headquartered Iceland Seafood International (ISI) posted lower sales but higher profits in the first half of 2024, following up a tough 2023 that resulted in the firm declaring the need for a strategic pivot going into this year.

For H1 2024, ISI recorded group sales of EUR 212 million (USD 234 million), representing a 5 percent drop compared to the same period last year. Its H1 report advised that this decline was primarily

A new investigation from the British Broadcasting Corporation (BBC) has accused a Scottish fishing firm, as well as its associated companies, of engaging in human trafficking and modern-day slavery onboard its vessels operating in U.K. waters.

According to maritime charity Stella Maris, this investigation has exposed the need to significantly speed up the prosecution of rogue fishing companies and, thereby, support exploited and abused foreign

Bakkafrost Group reported year-over-year increases in revenue and operational EBIT in Q2 2024, but a 28-day workers’ strike in the Faroe Islands that ran through 9 June impacted the company in the period.

Delivering the group’s latest financial report, Bakkafrost CEO Regin Jacobsen said the strike – the first on the islands in 20 years – led to 4,000 metric tons (MT) of Bakkafrost’s salmon being harvested

Bodø, Norway-based salmon-farming firm Gigante Salmon increased its financing by approximately NOK 361 million (USD 34.2 million, EUR 30.7 million) in the second quarter of this year, bolstering its coffers before its first harvest is scheduled to take place in 2025.

Delivering its Q2 2024 report on 20 August, the company confirmed it secured NOK 120 million (USD 11.4 million, EUR 10.2 million) in long-term financing from SpareBank 1

Norwegian land-based salmon farmer Salmon Evolution posted its best-ever quarterly harvest in Q2 2024, helping it secure year-over-year gains in operating revenue, group EBITDA, and cash flow.

Thanks to its 1,581-metric-ton (MT) Q2 2024 harvest of head-on-gutted (HOG) fish, as well as strong prices, Salmon Evolution ended the second quarter of this year with operating revenues of NOK 170.4 million (USD 16.1 million, EUR 14.5 million), an 180

Bergen, Norway-headquartered Lerøy Seafood Group (LSG) posted slight dips in revenue and operational EBIT in Q2 2024, but the firm saw quarter-over-quarter biological and earnings improvements, especially in the operations of Scottish Sea Farms, of which it owns 50 percent. 

LSG CEO Henning Beltestad said the company performed well in a quarter characterized by declining salmon prices, increasing its average harvest weights from

The return of a normalized anchovy-fishing season in Peru helped Austevoll Seafood, which owns Peru-based fishmeal producer Austral Group, among other subsidiaries, significantly grow its earnings in the second quarter of 2024.

According to the Storebø, Norway-based fisheries, aquaculture, processing, sales, and distribution group’s Q2 2024 financial report, for the three-month period, Austevoll posted an operational EBIT of almost

Bergen, Norway-headquartered salmon-farming firm Mowi will conduct a strategic review of its Mowi Canada West operations in British Columbia in response to the Canadian government’s recent decision to ban open net-pen farming in the province from 1 July 2029 onward, Mowi CEO Ivan Vindheim has confirmed.

Because the ban only affects British Columbia, Mowi’s Canada East operations remain unaffected.

Delivering the company’s Q2