SeafoodSource.com covers breaking news articles that pertain to the global aquaculture industry.
As the world’s most efficient protein generator, aquaculture is already an important means of food production, and with the output of capture fisheries remaining at static levels, it’s widely believed it's up to aquaculture to meet the rising global demand for seafood.
While the value chain has been rising to this challenge and is well-placed to provide larger volumes in the medium-term, on the horizon there is the… Read More
The Aquaculture Stewardship Council’s Salmon Standard is now a Global Sustainable Seafood Initiative (GSSI)-recognized certification scheme, the benchmarking group announced on Monday, 17 September.
An assessment process concluded with GSSI determining that ASC’s Salmon Standard was in alignment with all applicable Essential Components of the GSSI Global Benchmark Tool – a tool underpinned by the FAO Technical Guidelines… Read More
Bolstering the U.S. seafood industry has been a major priority for Wilbur Ross since he became the Secretary of Commerce under U.S. President Donald Trump last year.
In speeches, he’s talked frequently of reducing the seafood trade deficit in a country where 90 percent of the fish consumed comes from foreign markets. One way he and other Commerce Department officials want to make that happen is through increasing seafood production, with… Read More
When it comes to aquaculture in the United States, there’s a sea of opportunity.
Seas of opportunity, really.
Since the United States boasts the second-largest exclusive enterprise zone in the world – meaning it has proprietary marine resource rights over an area totaling roughly 4.4 million square miles in three oceans, the Caribbean Sea, and the Gulf of Mexico – aquaculture would seem like an ideal industry for the country.… Read More
Fish 2.0, a global organization that connects seafood start-ups with investors in an effort to enhance the sustainability of the seafood industry, has announced a track open to U.S. aquaculture businesses in 2018-2019.
The program will begin in November with a workshop and networking event in Baltimore, Maryland, then the Gulf Coast in Biloxi, Mississippi, in February, and concluding on the West Coast with a workshop in Seattle, Washington… Read More
Dover, Tasmania, Australia-based Huon Aquaculture has confirmed the escape of approximately 120,000 Atlantic salmon from two of its “fortress pens” during a storm in May 2018.
The collapse of two net pens being used to house the salmon was attributed to high winds and waves knocking free an industrial fish feeder, which then “smashed open the enclosure,” according to the Australian Broadcasting Corporation.
After the… Read More
Genetically modified salmon firm AquaBounty has found “very enthusiastic” buyers in Canada, according to president and CEO Ronald Stotish.
The first sale of the Maynard, Massachusetts, U.S.A.-based firm's AquAdvantage salmon was made last June, when unnamed buyers in Canada bought five metric tons at the going rate of traditional farmed Atlantic salmon, according to the company. Since then, AquaBounty has sold 10 additional metric… Read More
Vietnam, the world’s biggest pangasius supplier, has started to think seriously about other potential rivals in Asia, as competition is likely to heat up in the future.
Vietnam has retained its global monopoly in pangasius supply for the last 20 years. Because pangasius is rather easy to farm and demand is high in major markets, including the United States and China, a number of countries have stepped in to produce the fish, placing a… Read More
A new aquaculture farm planned for Placentia Bay, Newfoundland, Canada, has received final environmental approval from the province’s government.
The project – which could produce up to 33,000 metric tons of salmon annually in 11 sea cages positioned around Placentia Bay – is a joint venture between Grieg Newfoundland, a subsidiary of Norwegian salmon farming firm Grieg Group, and St. John’s, Newfoundland,… Read More
Grieg Seafood Group (GSF) has shared its plans to ramp up its salmon harvest while also improving the sustainability of its operations.
Hosting a Capital Markets Update in Oslo, Norway, entitled "A salmon farming pioneer entering the digital era," the company confirmed that higher salmon prices have led to substantial growth in its revenues in recent years but that its harvest volumes have remained stable (62,598 metric tons – MT last… Read More