San Francisco, California, U.S.A.-based Kuleana is introducing a plant-based raw tuna substitute into the U.S. market, becoming the latest start-up to enter the seafood analog arena.
The company, which has origins in Germany, describes itself as the “Impossible Foods of seafood”… Read More
Seoul, South Korea-based Dongwon Industries is planning to build a 20,000-metric-ton, land-based Atlantic salmon farm using Salmon Evolution’s flowthrough farming technology ...
Photo courtesy of Dongwon… Read More
AGAC, the Association of Large Tuna Freezers, has entered full Marine Stewardship Council (MSC) assessment. A successful application will result in more than 8 percent of the world’s total tuna catch being added to the eco-label’s sustainability certification scheme.
AGAC includes OPAGAC, the Organization of Associated Producers of Large Tuna Freezers, which operates 48 purse-seine freezing tuna vessels catching yellowfin, bigeye and… Read More
Seed to Growth Ventures, a sustainability-oriented food and agriculture investment firm with offices in Chicago and San Francisco, is expanding its investment portfolio further into the seafood sector, with its managers pledging up to USD 100 million (EUR 84.5 million) in future investments.
The group – backed in part by Lukas Walton, the grandson of Walmart founder Sam Walton – wants to target its investment to companies… Read More
Moscow, Russia-based Russian Aquaculture has reported higher revenues, but lower biomass in its financial results for the first half of 2020.
The company, which farms Atlantic salmon and sea trout in the Barents Sea in the Murmansk region and trout in the lakes of the Republic of Karelia, reported RUB 5.26 billion (USD 71.5 million, EUR 59.6 million) in revenue for the six months ending on 30 June, 2020, up from RUB 4.85 billion (USD 65.9… Read More
Premium Brands Holdings Corporation has announced two Canadian food companies, including a seafood distributor, less than a month after it said the global financial picture had stabilized enough for it to resume acquisitions… Read More
A partnership between local and provincial government entities and economic development authorities in British Columbia is seeking to build up Port Alberni on B.C.’s Vancouver Island as a seafood processing hub ...
Photo courtesy of Island Coastal Economic… Read More
Truckers in Chile – a vital link in the salmon industry’s supply chain – have gone on strike to protest the slow progress the nation’s congress has made in improving safety laws.
The strike is being led by the National Confederation of Chilean Cargo Transport (CNTC), one of three umbrella unions for Chile’s truckers, according to Reuters. Another union, the National Federation of Truck Owners, is not participating… Read More