Australian seafood lovers are enjoying an abundance of supply and reduced prices on their favorite treats moving into the year-end holidays.
Prices are down as much as 50 percent year over year for some of Australia’s most renowned seafoods, including prawns and rock lobster, according to The Guardian.
At Australia’s two largest grocery chains, Coles and Woolworths, raw king prawns are selling for AUD 18 (USD 12, EUR 11) a kilo.… Read More
Inarctica, Russia’s largest aquaculture company, has raised RUB 3 billion (USD 32 million, EUR 30 million) through a secondary public offering of 3.3 million shares sold for RUB 900 (USD 9.74, EUR 9.02) each.
The Moscow, Russia-based salmon- and trout-farming firm, which changed its name from Russian Aquaculture in August 2022, attracted more than 13,000 new investors and increased the free float of the company’s ownership to… Read More
Carballo, Spain-based Grupo Calvo has changed its name to Nauterra.
The 80-year-old fish-canning firm is rebranding to give itself a unifying umbrella entity for its Calvo, Nostromo, and Gomes Da Costa brands.
“Accompanying the rebranding is a new visual identity and a renewed emphasis on offering consumers healthy and quality food options,” it said in a 16 November press release.
The new name will accompany a company restructuring,… Read More
IJmuiden, the Netherlands-based Maxima Seafood has been acquired by Japanese conglomerate Nissui.
Founded in 1974, Maxima Seafood trades in fresh and frozen fish caught in the North Sea. Its current management is composed of Martijn Spilt, Martin Riemer, and Willem Hoeve. The company confirmed the transaction via its social media accounts, without providing details of the sale.
“We are happy to inform you about joining the Nissui group.… Read More
Pancreatic disease has been detected at farming sites operated by Mowi and its subsidiary Nova Sea in Norway.
Pancreatic disease (PD) can cause lower growth in farmed salmon as they lose hunger and become more susceptible to other diseases, often leading to death.
Mowi’s 10447 Mefaldskjæret and 31857 Blomsøråsa sites in Alstahaug municipality in Nordland county were confirmed to have incidences of pancreatic disease by… Read More
A lawsuit alleging Inland Seafood’s financial situation was misrepresented during a sale of the company to its employees in 2016 was dismissed on 5 December 2023.
US. District Court Judge Leigh Martin May ruled in favor of a motion by Inland Trustee James R. Urbach to dismiss the case on the grounds the plaintiffs did not fully pursue remedy of their problems with the employee stock ownership plan before filing suit.
The suit, filed 18… Read More
The Association of Genuine Alaska Pollock Producers (GAPP) will receive more funding to continue its “Wild Alaska Pollock” campaign in 2024.
Since enlisting a new board of directors and expanding its annual budget to USD 4 million (EUR 3.4 million) in 2019, the organization has built awareness and demand for its marquee product through the use of the “Wild Alaska Pollock” tagline.
In its next fiscal year, which… Read More
Pure Salmon Technology has acquired HyFlow, a waterborne feed technology, from Graintec, an aquafeed solutions company that filed for bankruptcy in August 2023.
Based in Abu Dhabi, United Arab Emirates, Pure Salmon Technology was created out of the merger of Pure Salmon and the Norwegian RAS division of Krüger Kaldnes, which 8F acquired from Veolia in June 2021.
Pure Salmon Technology CEO Kent Kongsdal Rasmussen said the HyFlow acquisition… Read More
The National Fisheries Institute, a trade group representing the U.S. seafood industry, has agreed to house the Global Shrimp Council, which is leading an effort to initiate an international shrimp market campaign.
Formally launched at the Global Shrimp Forum in Utrecht, the Netherlands, on 6 September 2023, the Global Shrimp Council is a producer-led promotional body created to market and encourage shrimp consumption globally,… Read More
SalMar Aker Ocean has acquired 100 percent of the shares in Arctic Offshore Farming from SalMar.
In 2018, Norway Royal Salmon (NRS) was granted eight development permits for the development of Arctic Offshore Farming, with its facilities designed for areas with harsh weather conditions where standard farming equipment cannot be used. Arctic Offshore Farming has installed sea cages at an exposed location outside Tromsø in Northern Norway,… Read More