Sustainable aquaculture investment fund Aqua-Spark has invested in a Norwegian software and hardware developer focused on improving feed management.
An Aqua-Spark investment of an undisclosed amount has been injected into CageEye, a company best known for its echo-sounder technology, which uses acoustic data and machine learning to measure and analyze biomass movements. The Norway-based company will use the funds to invest in research and… Read More
Pangasius and tilapia are both on the menu at one of China’s upstart seafood informal dining chains, which is seeking to expand rapidly across the country’s prosperous east coast.
The Hai Xian Lian Shang Mian chain also offers shrimp, squid, surimi, and fish balls served in its seafood noodle and seafood served with rice dishes in the chain's trendy outlets, which are mostly located in malls.
The owner of the chain,… Read More
A veteran of the American seafood industry, Jerry Knecht is the founder and president of Bali, Indonesia-based P.T. Bali Seafood International and North Atlantic, Inc., which has its headquarters in Portland, Maine, U.S.A.
SeafoodSource: How did you wind up starting a company in Bali?
Knecht: In the 1990s, U.S. government policy resulted in a collapse of the local fishery within the 200-mile limit. Seeking a survival strategy, we went to the… Read More
A giant new seafood-themed retailing and dining store opened by a leading Chinese retailer in a regional city suggests a milestone for seafood retailing in China, as one of the store’s major investors is a tech giant dominant in meal deliveries and discount group-buying.
The 7,000-square-meter “Hi Tun Sheng Xian” outlet was opened this week by Beijing-based Beijing Hualian Department Store Co. (commonly known as Hualian)… Read More
Simone Pesu helped to found Sustainable Fishery Trade, a Lima-Peru-based social enterprise dedicated to fair trade in artisanal fisheries, in 2016.
Pisu, an Italian marine biologist, started SFP with the twin goals of getting a fairer price for fishermen and training them in sustainable practices. Ultimately, the company’s goal is to connect Peruvian artisanal fisheries with end-buyers, including restaurants, so they get a better price for… Read More
Three Chinese seafood processors have been flagged in an inspection by Canadian import inspectors.
The Canada Food Inspection Authority (CFIA) has informed its counterparts in China that products from three firms has been held and must be returned to China or destroyed. The three firms are Qingdao Haoyuan Foodstuffs Co. Ltd., Rongcheng Shidao Lianhua Food Co., and Zhangzhou Xinwanya Aquatic Products Co.
The reason for the seizures is related to… Read More
Aquaculture executives and researchers in China are celebrating what’s seen as the latest key piece of hardware for offshore aquaculture as the country continues to crack down on environmentally problematic onshore aquaculture.
Described as China’s first semi-submersible truss-based floating structure for aquaculture, the “Dehai 1” was launched in September by Zhuhai Xinpingmao Fishery Co. in the waters off southern… Read More
Mike Velings is the co-founder and co-managing partner of Aqua-Spark, which was founded in 2014 as the first investment fund dedicated to sustainable aquaculture. Investments made by Aqua-Spark include the Netherlands-based firm and insect farmer Protix, and XpertSea, a Canadian company that has developed a machine that accurately counts and sizes early-stage aquatic organisms such as shrimp larvae and live feed. In addition to a commitment to… Read More
One of China’s leading state-owned fishing firms has been on a sales drive in Russia for its shipbuilding subsidiary, as leaders in Beijing and Moscow pledge to further integrate their economies.
Liaoning Province Dalian Ocean Fishery Group Co. (also known as Liaoyu Group) has completed a trawler for clients in Magadan, the port city on the Sea of Okhotsk, and while it hasn’t been named, the client the provincial government in… Read More
Seafood from Southeast Asia is the feature of a large new seafood market in China’s tropical holiday island of Hainan.
The Southeast Asia Seafood City opened with some fanfare recently and even made the pages of the People’s Daily. The normally staid official paper of the Communist Party featured an article praising the “plump shellfish,” “luxurious sea fish,” and “thriving plump shrimp” on sale at… Read More