The U.S. Department of Agriculture will buy Atlantic haddock, pollock, and perch from domestic fisheries on the U.S. East Coast to supply food banks.
The purchase comes as part of a USD 1 billion (EUR 937 million) plan to supply emergency food providers through the U.S. Commodity Credit Corporation, according to a statement from U.S. Senator Edward Markey, U.S. Sen. Elizabeth Warren, U.S. Representative Seth Moulton, and U.S. Rep. Bill Keating,
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Benchmark Genetics Head Jan-Emil Johannessen is retiring and will be replaced by Geir Olav Melingen, who currently works as Benchmark’s commercial director for salmon.
Johannessen, 62, “has decided to retire after a lifelong involvement in the aquaculture industry,” according to a company press release.
“Under the leadership of Jan-Emil Johannessen, Benchmark’s genetics business has become a world-leading
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A North Atlantic right whale washed up dead on a beach in Virginia Beach, Virginia, U.S.A., adding to the woes the critically endangered species is facing as it staves off extinction.
The dead whale has been identified as a 20-year-old, 43-foot male weighing as much as 70 tons, and NOAA is planning to conduct a necropsy to determine the cause of death. However, NOAA confirmed the whale was not hit by a vessel or entangled in fishing gear,
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Kirkland, Washington, U.S.A.-based Fishermen’s Finest has lost an appeal challenging fishing limits contained in a Jones Act waiver it received for its newly-built America’s Finest vessel.
The ruling, delivered 8 February, 2023, by the U.S. Court of Appeals for the Federal Circuit, found against Fishermen’s Finest’s contestation its rights under the Fifth Amendment of the U.S. Constitution were violated by the limits, or
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The French government is pushing the country’s major supermarket chains to combat high inflation by agreeing to sell certain essential goods at discounted prices.
While not as high as other areas of Europe, France’s overall inflation is predicted to hit 13 percent through the first half of 2023, according to INSEE, France’s National Institute of Statistics and Economic Studies, with food-price inflation expected to move from 6
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Trident Seafoods will open its processing plant in Wrangell, Alaska, U.S.A. for the upcoming salmon season.
The Seattle, Washington, U.S.A.-based company, which operates seafood-processing plants around Alaska, including in Akutan, Chignik, Cordova, False Pass, Ketchikan, Kodiak, North Naknek, Petersberg, Sand Point, and Saint Paul, had closed its Wrangell plant for the past three seasons, citing weak chum salmon returns.
Trident bought the
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The investment arm of the world’s largest Ikea franchisee has placed EUR 30 million (USD 32 million) under the management of Ocean 14 Capital, a private equity group operating a EUR 150 million (USD 160 million) “blue economy” impact fund.
The investment, announced Monday, 13 February, was made to support the Ingka Group’s to “mission of funding sustainable solutions to improve ocean health,” it said. The
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The scallop fishery in New Zealand’s Coromandel area will close after a survey showed a significant local decline in abundance.
New Zealand Minister of Oceans and Fisheries David Parker announced the closure the fishery in December 2022, citing the need for emergency measures to be taken to address a “serious decline in numbers” of scallops in the Coromandel on New Zealand’s North Island.
“Immediate action is
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Campbell River, British Columbia, Canada-based aquaculture equipment firm Poseidon Ocean Systems has entered into a financing partnership with Private Debt Partners.
Private Debt Partners provides institutional capital to mid-market businesses in Canada. A loan from the company’s senior opportunities fund will be used by Poseidon Ocean Systems to fuel its expansion in South America. The company recently expanded into the Chilean market,
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A new congressional aquaculture caucus is pushing to make American aquaculture more competitive globally through legislative initiatives in Washington D.C.
Thirteen members of the U.S. House of Representatives formed the inaugural class of the caucus in December 2022: U.S. Reps. Salud Carbajal (D-California), Jerry Carl (R-Alabama), Buddy Carter (R-Georgia), Scott Franklin (R-Florida), French Hill (R-Arkansas), Maria Salazar (R-Florida), Abigail
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