First up this week, feed giant Nutreco has joined German-owned private equity group Bregal Partners, a key investor in US firms American Seafoods and Blue Harvest Fisheries, in anchoring a private placement into a massive land-based salmon farming project to be built in Nevada.
After Atlantic Sapphire's first commercial harvest of land-based salmon from its Miami Bluehouse, the question on everyone's lips is how will retailers sell land-based farmed salmon?
While high salmon prices, limited opportunities for growth at sea, new technology and venture capital are driving efforts to build an on land-based salmon production industry, analysts say it is 'too early to call it a paradigm shift.'
The At-Sea Processors Association (APA) says US military protection of the Bering Sea groundfish fleets should be “non-negotiable” after a spate of incidents involving Russian military vessels in the US Exclusive Economic Zone (EEZ) in the Bering Sea in August and September.
Diversified Communications, owner of the Boston and Brussels seafood trade shows, cancelled it shows this year amid the COVID-19 pandemic. IntraFish asked whether trade shows will return in time to save the company financially?
Norwegian harvesting and processing group Nergaard unveiled plans to merge with salmon farming and processing group Norsk Sjomat and list the group on the Oslo Stock Exchange, creating a new diversified seafood giant.
Grabbing the headlines from Chile, Andres Lyon is stepping down as CEO of salmon producer and processor Multiexport Foods to be replaced Cristian Swett Pla, who previously spent 11 years at the company.
Land-based yellowtail farmer The Kingfish Company has added investment banks Arctic Securities and Rabobank in a round of fundraising ahead of listing on the Oslo Stock Exchange's alternative Merkur Market.
Disgraced former Pescanova CEO Manuel Fernández de Sousa has been sentenced to eight years in prison by the country's High Court.
As the Asian powerhouse nation continues to flext its muscles amid the coronavirus pandemic China is threatening Russia with a 'paralyzing' seafood ban, after COVID-19 traces were found on Russian pollock.