London-based seafood writer and communications consultant Jason Holland has been a contributing editor to SeafoodSource.com since January 2010. Jason has more than 25 years of experience as a B2B journalist and editor – a career that has taken him all over the world. He believes he found his true professional calling in 2004 when he started documenting the many facets of the international seafood industry and he’s particularly proud of the strong, collaborative relationships he has formed at all stages of the supply chain.
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Norwegian biotech and krill-harvesting company Aker BioMarine achieved revenues of USD 67.9 million (EUR 68.4 million) and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of USD 18.8 million (EUR 18.9 million) in the Q3 2022, up year-over-year from USD 62 million (EUR 62.4 million) and USD 14.4 million (EUR 14.1 million), respectively.
According to the company’s Q3 2022 report, sales in its Ingredients
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Frøya, Norway-headquartered salmon-farming company SalMar’s proposed share buyout of NTS and its subsequent merger with Norway Royal Salmon (NRS) have received clearance from the European Commission.
SalMar confirmed the approval in a new filing with the Euronext Growth Oslo stock exchange. It stated that the E.C. found the share offer, and consequently the merger, to be compatible with E.U. regulations.
“By unconditionally
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SalMar has appointed Ulrik Steinvik to the role of chief financial officer, replacing Gunnar Nielsen, who resigned in September 2022.
Steinvik joined the Frøya, Norway-headquartered salmon-farming company in 2006, and has since held several executive positions, most recently director of business improvement.
SalMar's newly appointed CEO, Frode Arntsen, said he was pleased that Steinvik had accepted the role.
“Ulrik and I have worked
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The European Commission has announced a proposal for catch limits for fish stocks in European Union waters of the Atlantic Ocean, Kattegat, and Skagerrak for 2023, and also deep-sea stocks, for 2023 and 2024.
The proposal covers 17 total allowable catches (TACs) for the fisheries operating on stocks managed solely by the E.C. and is based on scientific advice from the International Council for the Exploration of the Sea
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The Sustainable Aquaculture Innovation Centre (SAIC) in Scotland is granting GBP 500,000 (USD 578,492, EUR 577,327) in new funding for collaborative innovation projects to help Scotland’s aquaculture sector continue research and development amid rising cost-of-living pressures.
Funds will be split between successful project proposals designed to future-proof and support the growth of the country’s aquaculture sector while
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Through digital negotiations, Norway and Russia have reached a fisheries agreement for 2023 that includes a 20 percent quota cut for Northeast Arctic cod – in line with scientific recommendations.
The total quota for Northeast Arctic cod for 2023 was set at 566,784 metric tons (MT), in line with the fishery's existing management rule.
“It is good that we have concluded a fisheries agreement with Russia, despite the fact that we are
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Bidvest Group-owned Direct Seafoods has been awarded the Marine Stewardship Council (MSC) Award for Fresh Fish Foodservice Supplier of the Year for 2022, the second year running the company has picked up the prize.
Now in their ninth year, the MSC awards celebrate the achievements and performances in sustainable fishing and seafood across the entire U.K. business spectrum. The awards ceremony takes place annually in Aberdeen, Scotland.
Judged by
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Reykjavík, Iceland-based seafood company Brim has entered into an agreement to purchase shares in Polar Seafood Denmark from private companies held by Helge Nielsen, Bent Norman Petersen, and Louise Schov Petersen.
The DKK 245 million (USD 32.5 million, EUR 32.9 million) purchase is being made through a newly-established Danish holding company 100 percent owned by Brim. Brim has also subscribed for new shares in Polar Seafood Denmark for
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Private equity firm Bluefront Equity has invested in Naviaq, a supplier of software solutions that standardizes workflows for fish farmers, servicers, and wellboat operators.
The investment is made through a combination of a share issue and purchase of shares from existing shareholders. With the investment, Bluefront Equity becomes Naviaq’s largest owner with a shareholding in excess of 50 percent. Naviaq’s remaining shares are owned
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A new project given funding from the United Kingdom Innovation Fund (SIF) is developing a non-lethal immunology tool that will look to monitor aspects of Atlantic salmon health from a single blood sample.
During the five month-feasibility project, a research consortium will investigate immunological biomarkers for pancreas disease, complex gill disease, bacterial infection, and cardiomyopathy syndrome (CMS) in salmon. With funding
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