Less than two weeks after completing the first smolt release at its land-based, hybrid flow-through salmon farm at Indre Harøy in Norway, Salmon Evolution announced a successful private placement to raise NOK 300 million (USD 34 million, EUR 31 million) …
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Trondheim, Norway-based Norcod, an aquaculture company that farms Atlantic cod (Gadus morhua) in mid-country fjords, announced a successful private placement earning NOK 175 million (USD 20 million, EUR 18.3 million) at the end of March 2022. The funds were raised through an allocation of 2,187,500 shares at a subscription price of NOK 80 (USD 9.20, EUR 8.39) per share …
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Schiedam, the Netherlands-based The Seaweed Company has announced a recent successful funding round, including a major investment from the Colruyt Group.
Colruyt is a major food distributor in Belgium, France, and Luxembourg, with more than 600 of its own stores and a similar number of affiliated stores – in addition to some involvement in green energy and other sectors. According to The Seaweed Company, the group expanded… Read More
An initial batch of 100,000 smolts has been transferred to the first of 12 tanks at Salmon Evolution’s hybrid flow-through fish farm at Indre Harøy, on the west coast of Norway …
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Zürich, Switzerland-based Swiss Blue Salmon has plans to take advantage of the advancements in the development of recirculating aquaculture systems (RAS) to farm salmon in the landlocked country.
A partnership with RAS specialists Billund Aquaculture will enable the company to build what it has dubbed the “world’s smartest RAS farm. The eventual goal is to create a local aquaculture industry and reduce… Read More
Lisaqua has moved a step closer to launching the first land-based whiteleg shrimp (Litopenaeus vannamei) farm in France by securing EUR 4.9 million (USD 5.4 million) in new investments.
The Nantes, France-based aquaculture firm reported EUR 2.6 million (USD 2.8 million) came from new and existing investors, with the remainder loaned by investment and commercial banks. Lisaqua will use the funds to complete a pilot recirculating aquaculture… Read More
As interest in land-based aquaculture production increases, recirculating aquaculture systems (RAS) are becoming more numerous, more sophisticated, and more complex – especially operations planning large-scale production of market-sized marine fish …
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For a port that no longer lands fish, Grimsby has – perhaps surprisingly – kept a name for itself as the seafood processing capital of England.
Around 70 seafood businesses are situated in and around the town, processing seafood for most of the major U.K. retailers and foodservice organizations – one third of all seafood consumed in the U.K. originates in Grimsby. Many are significant importers and exporters, bringing in more… Read More
The aquaculture industry – and the non-governmental organizations that scrutinize it – rely on complex tools to calculate the impact, effectiveness, and value of marine ingredients to the aquaculture industry.
IFFO, the international trade body that represents the marine ingredients industry, recently completed a review of the primary metrics used to analyze the sector, using the latest available data, reviewed the… Read More
Andfjord Salmon announced a private placement of NOK 38 million (USD 4.3 million, EUR 3.7 million) on 18 February, with animal nutrition and aquafeed leader Nutreco investing and Norwegian seafood group Holmøy increasing its shareholding through its fish-farming company Eidsfjord Sjøfarm AS …
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