Atlantic Sapphire has issued a private placement of its Oslo, Norway-listed shares, raising NOK 906 million (USD 100 million, EUR 84.6 million) through a private placement of 8.87 million new shares ...
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Norwegian land-based aquaculture firm Atlantic Sapphire announced Wednesday, 9 Septpember its chief financial officer, Jose Prado, left his position sometime within the past month, soon after the company’s second-quarter results were released. The results publicized significant cost overruns at its recirculating aquaculture system farm under construction outside of Miami, Florida, U.S.A.
The announcement came with news
The ongoing COVID-19 pandemic has shut down seafood processing plants, stalled commercial fishing seasons, gutted the foodservice industry, and put aquaculture operations at risk. One of the most heavily hit companies in the aquaculture industry might be Norwegian aquaculture firm Atlantic Sapphire, which has run into plenty of road bumps getting its U.S. recirculating aquaculture system (RAS) farm off the ground in Miami-Dade County, Florida.
Massachusetts-based biotechnology company AquaBounty is prepared to harvest its first genetically engineered AquAdvantage salmon later this year, but the concept of a genetically engineered fish on dinner plates still faces opposition.
During a hearing last week, U.S. District Judge Vincent Chhabria expressed concern with the environmental assessment the Food and Drug Administration (FDA) used to approve genetically modified salmon from
Atlantic Sea Farms, the first commercial seaweed farm in the United States, has produced more than 450,000 pounds of kelp this year, doubling its 2019 numbers.
Since 2009, the company has aimed to diversify work options for Maine’s coastal communities and promote the domestic growth of seaweed products over imported products – both missions that CEO Briana Warner believes has helped it navigate continued growth during the COVID-19
U.S. land-based salmon producer AquaBounty Technologies has raised USD 31.6 million (EUR 26.8 million) following the completion of its latest common stock offering, before including expenses …
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With AquaBounty Technologies’ first commercial-scale harvest of conventional Atlantic salmon raised in the U.S. in June, and the first harvest of its genetically engineered AquAdvantage Salmon expected to follow later this year, the company is nearing a turning point toward production and, more importantly, profitability.
The publicly listed company recently announced the pricing of its previously announced underwritten public offering,
In July, the Global Aquaculture Alliance released a guidance document for aquaculture facilities to reduce the transmission of COVID-19, under its Best Aquaculture Practices (BAP) third-party certification program.
The guidance "is intended to act as a resource for seafood processing facilities seeking best practices to keep their employees healthy and limit the exposure to and the spread of COVID-19," according to the
A federal appeals court has struck down plans to open the Gulf of Mexico’s federal waters to fish farming, creating mixed messages to the industry on exactly who will be managing the future of offshore aquaculture in the U.S.
On Monday, 3 August, the U.S. 5th Circuit Court of Appeals in New Orleans blocked recent federal rules that would have allowed large-scale industrial aquaculture operations in offshore waters for the first time,