Taking advantage of the Norwegian government’s ambitions for the country’s fish farms to produce five million metric tons (MT) of sustainable seafood by 2050, Stavanger, Norway-based industrial group Moreld launched Moreld Aqua in June 2021. The new company will provide advisory services and turnkey solutions to support sustainable growth in the aquaculture industry; a growth that needs to reach four times the current level of… Read More
SwissShrimp, a land-based shrimp farming company in Rheinfelden, Switzerland, has announced its intention to raise CHF 8 million (USD 8.7 million, EUR 7.3 million) in new share capital to fund an ambitious expansion plan …
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Dealing with hungry, predatory seals has become a big deal for inshore fishermen, fish farmers, and authorities responsible for safe passage for migratory salmon.
Losses caused through broken nets and half-eaten fish have risen sharply in the past few decades as protected seal populations have expanded globally.
From 2022, the U.S. Marine Mammal Protection Act will restrict imports of fish from salmon farms and commercial fisheries… Read More
Scotland recently published its annual shellfish-production figures, and they did not make for happy reading for the country’s mussel- and oyster-growers.
Production of blue mussels (Mytilus edulis) decreased by 15 percent to 5,661 metric tons (MT) in 2020, the lowest figure for a decade, and Pacific oyster (Crassostrea edulis) production decreased by 33 percent to just under three million shells.
The Scottish shellfish farming industry… Read More
Danish wealth management and investment company Artha has furthered its quest to play a leading role in the development of Norwegian cod-farmer Norcod, the world's first industrial producer of high-quality farmed cod.
In an internal share transaction this month, Artha increase its equity position in Norcod with the acquisition of a further 800,000 shares. The shares were purchased through Artha Norcod IV, a fund launched by Artha… Read More
A paper published in Nature Communications, “Financing a sustainable ocean economy,” was among a long list of articles, announcements, and pledges that appeared on 8 June, commemorating World Oceans Day.
The paper’s authors, a group of international economists and ocean policy experts, found that public and private investment lags far behind that needed to ensure a thriving, resilient, and sustainable ocean economy.
The paper… Read More
Six years after setting up Gaia Salmon, founders Bjarne Bjørkan, Geir Skarstad, and Morten Bjørkan are looking forward to breaking ground on their first land-based farm in early 2022.
Bjørkan, Gaia Salmon’s CEO, said the company has a vision of becoming a leading player in the production of sustainable salmon through the use of recirculating aquaculture system (RAS) technology.
“It’s a long process,… Read More