IntraFish | Latest seafood, aquaculture and fisheries news

Financial storm clouds continue to hang over Altor-backed salmon farmer Nova Austral Seafood-focused private equity group invests in aquaculture tech company Winning streak for Norwegian farmed salmon prices comes to an end Canadian fisheries union president announces surprise resignation Salmon heavyweight Mowi completes tie up with UK retail giant Asda in time for festive season This week's quiz: Lobster controversy, Russian fishery expansion; and a new job for the Mowi CEO. Are you on top of your seafood news? Outlook 2023: American Seafoods CEO sees growth on the horizon, but supply chain and currency remain concerns In September, this 19-year-old was flown from Lithuania to Norway to work in a seafood plant. He was never paid a penny. Salmon farming giant Mowi argues against legality of $1 million fine for sea lice violations Maine lobster will be part of Biden's state dinner, and politicians see an opening for attack

Outlook 2023

Outlook 2023: American Seafoods CEO sees growth on the horizon, but supply chain and currency remain concerns

In September, this 19-year-old was flown from Lithuania to Norway to work in a seafood plant. He was never paid a penny.

Updates

Alaska company raises over $62 million for Bristol Bay salmon floating barge

The US can be a leader in aquaculture. Our plan lays the groundwork for how to get there.

Seafood-focused private equity group invests in aquaculture tech company

Financial storm clouds continue to hang over Altor-backed salmon farmer

Winning streak for Norwegian farmed salmon prices comes to an end

News quiz

Lobster controversy, Russian fishery expansion; and a new job for the Mowi CEO. Are you on top of your seafood news?

What happens when a 330 kg bluefin tuna finds its way into a salmon farming pen?

Salmon heavyweight Mowi completes tie up with UK retail giant Asda in time for festive season

Salmon prices set to soar as global salmon production stagnates

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In Case You Missed It

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No money, no food, no way home: Migrant workers at salmon factory 'sat crying in their rooms'

'I think we owe the state of Maine the benefit of the doubt here': US retailer HEB considers future lobster sourcing strategy

Seafood export group linked to Samherji and Parlevliet & Van der Plas closing after six decades

'Completely false': Cooke rejects Washington State commissioner's claim that they have discussed land-based salmon

Grieg Seafood agrees to decommission salmon farms in Canada First Nations territory

Russian regulator touts new Bering Sea fishing zone, potentially allowing vessels to catch thousands of tons more pollock

'Lots of uncertainty': Significant Alaska snow crab harvests could be years away, regulators say

interview

'There is no limit to investment' in land-based shrimp farming: Why the industry's future might start to look more like chicken's

Former Mowi boss Alf-Helge Aarskog joins Norwegian salmon group Eide Fjordbruk

Nissui-owned Cite Marine's new $33 million whitefish plant targeting German market

UPDATED: Monterey Bay could red list some Alaska crab in a further blow to struggling sector

Could this species help fill the gaping hole in the global crab market?

Leroy-backed seafood group blames bankruptcy on soaring costs, fire at land-based salmon farmer Atlantic Sapphire

Cargill Aqua president: Russian grain blockades, currency volatility putting fresh pressure on aquaculture feed supply chain

AquaChile agrees to end salmon farming in Chile's national parks

It's back: Hilton Seafood UK relaunches The Saucy Fish Co. brand

Work on Europe's largest aquaponic salmon farm delayed until 2024

Only one publicly traded land-based salmon farmer is winning big this year

Thai Union's CEO has been quietly visiting Red Lobster restaurants ahead of new plan to turn around the struggling chain

Jellyfish that caused mass farmed salmon deaths making a troubling return to Norway

A Swiss company is building a 400-ton land-based shrimp farm in Morocco, and it could be the first of many

‘A profit in December might be the only one we make’

Retail and trade buyers watching high-stakes meeting on tuna stocks closely

Salmon farming giant Mowi argues against legality of $1 million fine for sea lice violations

French betting on another strong holiday season for smoked salmon despite higher prices

Kingfish Company granted final permit to build its US land-based aquaculture operation

'Everybody has to pay a price:' Western Alaska tribal groups ask US pollock industry to put a cap on chum bycatch

Updates

South Korea’s first land-based RAS project sees untapped potential for new species, markets

Shrimp

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Another new CEO, 'severe' disease issues and stomach-churning costs: It's been a turbulent year for the Nissui-backed company behind the world's largest shrimp farm

Siam Canadian targets 'huge potential' of Brazil seafood market, but shrimp is not on the menu

A Swiss company is building a 400-ton land-based shrimp farm in Morocco, and it could be the first of many

Cargill inks joint venture to nearly double shrimp feed capacity in Ecuador

Ecuador farmed shrimp exports blow 2021 numbers out of the water with two months still to go

INTERVIEW

'This was a sinking boat and it was sinking fast': This executive's out-of-the-box thinking helped reimagine shrimp farming in Asia

'You need good nerves': It's still early days for Europe's land-based shrimp farms, but this Austrian player with billionaire owners is slowly finding success

Farmed shrimp is losing its color. Here's why that is a problem.

Thai Union's CEO has been quietly visiting Red Lobster restaurants ahead of new plan to turn around the struggling chain

China suspends Ecuadorian shrimp producers after alleged breach of COVID-19 guidelines

Vitapro: Ecuador shrimp supply explosion shouldn't derail feed sustainability

Inflation, Ukraine conflict crimp Argentina red shrimp demand in key markets

'Laser focus' on efficiency, price negotiations lift Thai Union earnings 30%

Ex-Sunnyvale CEO lands role on board of US shrimp farmer

'My biggest disappointment': Lack of transparency is destroying the shrimp farming industry, says CP Foods exec

Skretting expands footprint in Ecuador with new shrimp research facility

Land-based farmed shrimp from CP Foods' US project to hit market in March

A war-torn nation with big shrimp farming potential. Can this company transform its fortunes?

'The boom and bust is nuts': Disney shrimp supplier says the Asian farming crisis has a simple solution

'Its kind of a house of cards': While seafood shipping costs ease, cold storage backlogs in US are next big headache

Fishermen alarmed by king salmon restrictions proposed for major Bristol Bay sockeye district

UPDATES: Norway salmon tax bombshell

Live Updates: Shares have plummeted by up to 42% since the announcement

Benchmark plans December listing in Oslo, launches private placement

Norway salmon industry trade group rejects government's proposal for price-setting council, calling it 'a poor solution'

Canadian seafood group to open $11 million lobster processing plant

United Kingdom seafood sector to get another £30 million government boost

Markets

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'We're reaching a retail ceiling': Walmart, Whole Foods buyers say US consumers 'trading down' on seafood

Whole Foods pausing purchasing of Maine lobster as a result of MSC, Seafood Watch actions

'We would’ve basically killed the entire category': Sysco Canada faced a tough purchasing decision on Russian fish

Spike in pangasius sales in Europe part of effort to 'keep fish on shelves,' says Maruha Nichiro's Seafood Connection

Milarex CEO: Wild and farmed salmon suppliers ‘not fighting listeria issue well enough’

Norway farmed salmon prices take 'completely silly' jump

Watchdog report on federal food purchasing shows US students eating three fish sticks per year, but 43 chicken drumsticks

Podcast: The inflation warning siren is going off at Walmart and Whole Foods. Seafood should listen.

UK discount retailers sucking up seafood market share as cost-of-living crisis deepens

Mitsubishi brand Princes says canned seafood sales rising to pandemic-era levels in UK, in sign of nervous consumers

It's back: Hilton Seafood UK relaunches The Saucy Fish Co. brand

Russian lockout opens up new opportunities for other players in US cod market

UK imports of frozen cod from Norway hit six-year high as impact of Russian sanctions sets in

Thai Union's CEO has been quietly visiting Red Lobster restaurants ahead of new plan to turn around the struggling chain

UK seafood supplier Hilton having some luck pushing 'unprecedented inflationary costs' through to retail buyers

Rival seafood certification labels make unprecedented spend in battle for US market share

After a record season, Bristol Bay sockeye salmon now has to compete in a crowded frozen market

'It is now falling apart': After years of effort, Norway salmon suppliers now risk losing relationships with retailers

'This scallop season has been unlike any other, and I've been doing this for 30 years'

US Supreme Court denies Starkist bid to stop massive tuna price-fixing lawsuit

interview

'There is no limit to investment' in RAS shrimp farming: Why the industry's future might start to look more like chicken's

Norway lifts king crab quota almost 30% for 2023

Maine lobster will be part of Biden's state dinner, and politicians see an opening for attack

Poor weather conditions delay opening of Canada's largest lobster fishery

Another new CEO, 'severe' disease issues and stomach-churning costs: It's been a turbulent year for the Nissui-backed company behind the world's largest shrimp farm

Ecuador shrimp exports blow 2021 numbers out of the water with two months still to go

Land-based salmon

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Land-based salmon farming group AquaCon pulls key permit application, forcing it to find new location for project

This company's land-based salmon are growing surprisingly fast

'It cannot be led from a distance': CEO of land-based farmer Salmon Evolution steps down

UPDATES

'This was the last thing the company needed': Analysts react to Atlantic Sapphire's latest news as share price crashes

Small towns and land-based salmon farms don't seem to be mixing very well

Japan land-based salmon farm Proximar kicks off production

'We are all losing out': Land-based salmon executives slam Norway's new tax proposals

GM salmon producer AquaBounty considering move into shrimp farming sector

Land-based farmer Salmon Evolution announces third successful smolt release

'The government is setting sea against land': Norway land-based salmon farmer Gigante voices shock at tax news

Mount Cook Alpine Salmon building New Zealand's first land-based salmon farm for king, sockeye salmon

Atlantic Sapphire's shares sink to historic low as investors get spooked by high mortality at land-based salmon operation

'We like the macro trends we see': Here is why this $1 billion investment fund is investing in land-based aquaculture

Atlantic Sapphire warns of 'inflationary pressure' as it works to complete next stage of development

This land-based salmon farmer is moving mountains to transform a struggling coal region

'Projects starting up in the next 3-5 years will be a lot stronger from day one': Billund CEO sees new, more stable era in land-based aquaculture

Nordic Aquafarms confident to start Maine construction next year with more legal challenges dismissed

Nutreco-backed group says it can fetch a $15 per kilo margin for land-based salmon grown in China

Land-based farmer Salmon Evolution says fish are growing ahead of schedule, with no sign of off-flavor

With big-name backers and all-star talent, this land-based salmon farming project seems to have everything it needs. So why did its equipment supplier just remove the project from its books?

'So much for the post-Brexit sea of opportunity': UK, Norway reach fisheries deal but not everyone is happy

Singaporean investor pours additional $15.6 million into Aqua-Spark

New deal makes Thai Union's Chicken of the Sea the largest importer of Fair Trade-certified shrimp in the US

Scotland marks sore point for farmed salmon producers as geography plays key role in Q3 profits

Barramundi Group CEO Andreas von Scholten to take role at aquaculture feed giant

Camanchaca, Bio Bio deadlocked over pelagic division stake sale

Whitefish

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Pangasius could play a major role in global surimi supply, but there are some catches

Whitefish giant Norebo presses on with fishing fleet upgrade despite sanctions hitting Russian shipyards

Leroy-backed seafood group blames bankruptcy on soaring costs, fire at land-based salmon farmer Atlantic Sapphire

UK imports of frozen cod from Norway hit six-year high as impact of Russian sanctions sets in

New Zealand seafood giant Sanford battles geopolitics, supply constraints and labor shortages to see turnaround in 2022 results

Frozen fish supplier Espersen suspends expansion strategy as ‘the world turns upside down’

Mitsubishi sees demand for farmed pangasius blocks surge as buyers turn away from Russian whitefish

McDonald's warns Alaska pollock industry of rise in nematodes in Filet-O-Fish raw material

US companies skeptical that Russia will pose additional competition despite surprise pollock quota boost

North Atlantic Seafood Forum

‘It won't disappear’: Russian whitefish will find its way to market despite sanctions

UK seafood supplier Hilton having some luck pushing 'unprecedented inflationary costs' through to retail buyers

Vietnamese processor Godaco targets pangasius fillets at massive Brazil market

It's back: Hilton Seafood UK relaunches The Saucy Fish Co. brand

With quota cuts and seasonal shortages, farmed cod is increasingly looking like the new salmon

Seafood consumption falling in Germany as cost increases make their way to consumers

Retail prices for fish fingers surge dramatically in Germany as inflation hits 40-year high

Groundfish Forum: Global whitefish supply expected to hold steady, but Atlantic cod supply expected to take heavy hit

From the Archive

What's the secret to the Groundfish Forum?

American Seafoods exec on Bayside ruling: 'We have alternative plans in place that we will now activate'

Russian lock-out opens up new opportunities for other players on US cod market

Mowi CEO Ivan Vindheim is a candidate in Norway's local government elections

Interview

These seafood CEOs account for $30 billion in sales. Meet the man helping move them in the same sustainable direction.

Nissui-owned Cite Marine's new $33 million whitefish plant to target German market

Canadian partnership invests $11 million in new line of plant-based seafood

Former Mowi boss Alf-Helge Aarskog joins Norwegian salmon group Eide Fjordbruk

Chile salmon production returns to normal after truckers' blockade called off

Fisheries

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'It is impossible to plan': Russian seafood industry calls for pause on quota investment program, fearing billions of dollars in losses

Norway's cod suppliers lose customers over missing Marine Stewardship Council eco-label

Faroese pelagic group Vardin expects to lose half its sales after ending exports to Russia

Royal Greenland reports highest earnings in its 250-year history

Peru announces hike in anchovy quota

Buyers eager for Pacific hake in red-hot whitefish market

Labor market remains tough as Alaska pollock producers head in to lucrative "B" season

Norway bans Russian vessels from ports, but excludes fishing boats

Is China getting insider information on Peru's anchovy season? One top CEO has suspicions

Another top executive is leaving American Seafoods

Canadian union, FFAW president Keith Sullivan in shock resignation

Salmon heavyweight Mowi completes tie up with UK retail giant Asda in time for festive season

This week's quiz: Lobster controversy, Russian fishery expansion; and a new job for the Mowi CEO. Are you on top of your seafood news?

Outlook 2023

Outlook 2023: American Seafoods CEO sees growth on the horizon, but supply chain and currency remain concerns

Maine lobster will be part of Biden's state dinner, and politicians see an opening for attack

Retail and trade buyers watching high-stakes meeting on tuna stocks closely

United Kingdom seafood sector to get another £30 million government boost

Fishermen alarmed by king salmon restrictions proposed for major Bristol Bay sockeye district

Alaska company raises over $62 million for Bristol Bay salmon floating barge

Norway lifts king crab quota almost 30% for 2023

Siam Canadian targets 'huge potential' of Brazil seafood market, but shrimp is not on the menu

SalMar-owned Arnarlax fined over reporting of 80,000 salmon escape

New FDA review of AquaBounty shows 'negligible likelihood' its salmon could harm US environment

News quiz

Cooke, Cooke and more Cooke, Peru anchovy quota and brighter news from New Zealand. Are you up to speed with this week's seafood news?

Sweden's salmon consumption takes a tumble as price hikes prove off-putting

Regal Springs' Mexican commitment paves way for tilapia ceviche and fajita strips

Opinion

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Norway's contract stalemate is now hitting the world's largest salmon buyers

Salmon farmers can't get offshore fast enough

LETTER: NOAA’s aquaculture plan is 'more of the same old story'

Opinion

Poor little rich kids: Norway's salmon farm owners shouldn't be surprised by the resource tax

NOAA's new five-year aquaculture plan is 42 years in the making and still behind the times

Exclusive

Christy Walton: It's time to think differently about investing in aquaculture

McDonald's just gave the seafood industry something to chew on

There is a better and quicker way to create a national seafood marketing program

Is the seafood sector's pressure campaign to sustainably manage Atlantic pelagic stocks working?

'Imitation crab' is proof we have a major problem with plant-based seafood labeling

Podcast: Understanding the Norway salmon farming tax, plus what an eco-label really buys your seafood

You paid for an eco-label. Are you entitled to its protection?

Guest Commentary

Who farmed this fish?

How will we know if the seafood marketing in the US works?

These numbers could wipe the smiles off salmon famers' faces

Buyers of Chilean salmon need to play a role in improving diver safety on farms

Big agriculture is having a major FOMO moment about seafood

Here is why no British seafood brand will ever make it big in America

It happened in Canada's salmon farming sector. Will it happen in Chile's?

Are plant-based seafood labels really misleading? Judge for yourself.

Russian regulator touts new Bering Sea fishing zone, potentially allowing vessels to catch thousands of tons more pollock

Farmed salmon is the only species to escape the fresh seafood sales collapse at US retail

Tribal leader: Washington commissioner's staff said steelhead farm application with Cooke would stay active despite ban

Peru fishing industry faces race against time to harvest full anchovy quota

Norwegian startup supplier takes salmon giant Mowi to court

Seafood sales at UK retail continue to tumble as consumers tighten their belts

People

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Grieg Seafood appoints new COO in North America

Royal Greenland finally names new CEO

Interview

Meet the woman who went from seafood intern to executive vice president at this $4 billion consumer giant

Chile salmon farming association names new executive director

Former MD of Mowi Ireland to face the salmon farming giant in court

CEO of bankrupt seafood trading platform joins Aqua-Spark backed tech startup

Grieg Seafood BC hires new managing director from First Nations seafood company

Grieg Seafood hires former H&N Foods marketing director to lead US sales

National Fisheries Institute names turkey association exec its new president

Former Findus purchasing director dies at 58

Alaska's Peter Pan Seafood names Thai Union executive as its new CEO

Norwegian salmon farming giant Masoval names shipping executive as new CEO

INTERVIEW

'No one was making any money. This was a sinking boat and it was sinking fast.': How this executive helped reimagine shrimp farming in Asia

Canadian union, FFAW president Keith Sullivan in shock resignation

This week's quiz: Lobster controversy, Russian fishery expansion; and a new job for the Mowi CEO. Are you on top of your seafood news?

Outlook 2023

Outlook 2023: American Seafoods CEO sees growth on the horizon, but supply chain and currency remain concerns

In September, this 19-year-old was flown from Lithuania to Norway to work in a seafood plant. He was never paid a penny.

Former Mowi boss Alf-Helge Aarskog joins Norwegian salmon group Eide Fjordbruk

Barramundi Group CEO Andreas von Scholten to take role at aquaculture feed giant

Mowi CEO Ivan Vindheim is a candidate in Norway's local government elections

Seafood gains more prominent place at COP27 as food security, biodiversity gain attention

Norwegian salmon prices continue to rise

Former CEO of land-based farmer Salmon Evolution takes new role

interview

'It's not been a comfortable time': After two years of bad news, New Zealand King Salmon's stand-in CEO sees spark of hope on the horizon

Interview

The pandemic has forced change. For Sanford that means a new focus on aquaculture.

Saithe gaining ground as a viable alternative to pricey cod and pollock

Salmon

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Who will get the billions in salmon farming tax revenues?

'Those who have the most must contribute more': Norway's minister of fisheries unfazed by salmon farmers cancelling investment plans

Without 'super profits' in the bank, is Chile's salmon farming industry safe from a tax bombshell of its own?

Mowi's Ole-Eirik Leroy: 'The most dramatic event the industry has ever experienced'

'We need to fight this': Mowi says work to reverse the government's new tax proposal is already underway

Cermaq terminates purchase of farming permits in Norway worth $13 million

Alternative feed ingredients could be another victim of Norway’s salmon farming tax proposal, experts warn

Cermaq defends biomass increase for sites in British Columbia

'The salmon farmers were laughing their asses off': After a brutal first half for processors, fears grow that consumers are reaching their limit

'The government is setting sea against land': Norway land-based salmon farmer Gigante voices shock at tax news

Proposed new tax wipes $5.6 billion off the value of Norway's top salmon farmers

'We are all losing out': Land-based salmon executives slam Norway's new tax proposals

Chile salmon industry hits back over Greenpeace documentary claims

Mowi CEO on Norway salmon farming tax proposal: 'We feared the worst, and it has come'

Faroe Islands sends new salmon farming tax plan to Parliament; overhaul could cost the industry $9 million in new taxes

'We risk throttling a major growth engine': Salmon farmer Nordlaks puts $460 million of investments on hold following tax proposals

Norway salmon prices edge higher as currency weakens

Mowi to appeal planning rejection for Scottish salmon farming site

Cooke receives approval for new Scotland salmon farm

Why is smoked salmon shows winning at US retail?

Remembering John Connelly, plus a Pyrrhic victory for aquaculture opponents

Despite Ukraine invasion, Faroe Islands re-establishes fishing agreement with Russia

AquaChile owner upbeat on salmon price outlook

No money, no food, no way home: Migrant workers at salmon factory 'sat crying in their rooms'

'I'm afraid of sounding like a whiner': Owner of Norway's largest privately-owned salmon company speaks out on salmon tax

Ready to 'roar': Over 200 aquaculture workers protest farmed salmon tax outside Norwegian parliament

Finance

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Blazing seafood M&A streak on pace to beat last year

Key associates of Russian tycoon Roman Abramovich sell off pollock stake to Gidrostroy

There is great interest out there': M&A in the salmon sector is just getting started, say analysts

Aqua-Spark nearly doubled assets under management in 2021

Offshore yellowtail farmer acquires assets of Hawaii seafood distributor

'Where's the big money?' UN Ocean summit highlights aquaculture funding shortcomings

S2G Ventures leads $10.8 million funding round for cell-based seafood startup Avant

Nueva Pescanova reportedly close to making its first acquisition in a decade

Private equity's massive war chest puts seafood industry in the crosshairs

French seafood processing group Mericq acquires Irish lobster supplier

Cooke subsidiary acquires Canada trucking firm

Broodstock Capital-backed fish health group acquires consultancy firm

Maruha Nichiro's Seafood Connection acquires UK supplier

Former Mowi CEO, Bain executive invest in African tilapia farmer

Fund launched by Dutch banking giant on the hunt for aquaculture deals after Aqua-Spark investment

BioMar acquires shrimp feeding technology company

Australian barramundi firm acquires US production site

French venture capital firm's new fund targeting sustainable aquaculture, blue economy investments

Tilapia and shrimp distributor Tropical Aquaculture Products files for bankruptcy

Bluefront Equity takes majority stake in seafood refrigerant firm as ex-BioMar VP comes aboard

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