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Amended salmon price-fixing lawsuit claims trade groups facilitated collusive behavior
GSI, the Norwegian Seafood Council and the North Atlantic Seafood Forum offered fertile ground for price fixing discussions, updated lawsuit alleges.NEWS intrafish.com 1 hours old
Tassal building $31 million salmon hatchery
The company is investing in growth plans across divisions.Aquaculture intrafish.com 4 hours old
Blumar closes in on $30 million Magallanes hatchery
The company is going ahead with its plans to expand in the region.Aquaculture intrafish.com 4 hours old
Brim chairman delighted to have Fisk Seafood aboard
'We are better positioned than before to take advantage of these opportunities in China especially having a company in the region.'Finance intrafish.com 4 hours old
US land-based salmon farmer submits building permit application
The new building will replace the site of the Verso paper mill.Aquaculture intrafish.com 4 hours old
New Norwegian venture acquires Tasmanian fish-tech firm
The company, Scale AQ, was established through the merger of three Norwegian firms this summer.NEWS intrafish.com 4 hours old
Diorasis International signs deal for Selonda, Nireus assets
The acquisition is subject to approval by the European Commission.NEWS intrafish.com 6 hours old
AquaNor blog 2019: Sea lice spread to Silicon Valley
Stay on top of all the recent aquaculture innovations here.Aquaculture intrafish.com 8 hours old
Scottish salmon exports surge in Japanese market
The news comes before the Japan Seafood Expo 2019.Marketplace intrafish.com 8 hours old
Tassal earnings lifted by strong salmon sales, shrimp investments
The company is heavily focused on domestic sales, specific export markets.Finance intrafish.com 8 hours old
Tassal buys $17 million facility to 'accelerate' shrimp farming plans
The acquisition will support the company's plans to farm 20,000 metric tons of shrimp a year.Aquaculture intrafish.com 8 hours old
Analysts cut short-term salmon prices estimates
Sparebank 1 Markets released a sector report on Monday.Aquaculture intrafish.com 8 hours old
Lower salmon prices push down Bakkafrost Q2 earnings
But CEO Regin Jacobsen is optimistic the company's investment plan will set it on a strong path.Aquaculture intrafish.com 9 hours old
After a four-year freeze, Russia lifts ban on Estonian seafood canner
Kajax Fishexports is expected to reenter the Russian market this fall.Processor intrafish.com 12 hours old
Who are the world's most valuable salmon farmers?
The largest publicly traded salmon farming companies are worth a combined $34 billion.Finance intrafish.com 12 hours old
Noordzee expects over 60% sales growth from salmon plant acquisition
Its customers in Europe, Asia and the United States want the consistent supply that salmon offers.Processor intrafish.com 12 hours old
Two dozen Mowi salmon farms in BC now ASC certified
Mowi now has more ASC-certified farms in North America than any other company.Aquaculture intrafish.com 23 hours old
Carlos Rafael ordered to pay NOAA $3 million to settle smuggling case
Former fishing vessel captain Carlos Rafael has been ordered to pay the National Oceanic and Atmospheric Administration (NOAA) a $3,010,633 (€2,711,677) civil penalty, and permanently cease all fishing. NOAA said Monday New Bedford fishing magnate Rafael, known as the "Codfather," will also relinquish the seafood dealer permit issued to Carlos Seafood by Sept. 1, permanently cease all commercialFisheries intrafish.com 19 Aug 16:33 GMT
CEO of Texas land-based shrimp farmer resigns
Resignation comes a week after company's shrimp operations were placed under quarantine following disease discovery.Aquaculture intrafish.com 19 Aug 16:11 GMT
Icelandic pension fund sells its shares in Brim
The stock listed Icelandic company HB Grandi, now Brim, was cleared for $34 million acquisition on Aug. 15Finance intrafish.com 19 Aug 14:41 GMT
Salmones Camanchaca to hold Capital Market Day in Oslo
A panel of discussion will bring together top executives from Skretting, AquaGen and Pharmaq.Finance intrafish.com 19 Aug 13:21 GMT
Viciunai to supply Cuban restaurants, hotels
Company will supply range of seafood products.Processor intrafish.com 19 Aug 12:56 GMT
Move over cattle farmers, this Florida county is looking for fish farms
The Florida county is eager to house an aquaculture hub in a state that also encourages the industry.Aquaculture intrafish.com 19 Aug 12:28 GMT
Dutch processor acquires salmon production facility
The company has been expanding product scope for the past two years.Finance intrafish.com 19 Aug 11:54 GMT
Mowi faces new opposition on Scottish farm plans
The proposed organic salmon farm will hold 2,500 metric tons of fish.Aquaculture intrafish.com 19 Aug 07:49 GMT
Japanese company creates 'vegan sea urchin'
Conventional sea urchin can be difficult to source.NEWS intrafish.com 19 Aug 07:36 GMT
BioMar launches coho salmon diet
The testing and trials were held in Chile.Aquaculture intrafish.com 19 Aug 07:25 GMT
Trawling ban 'destroyed an entire industry,' threatens future of Blumar’s Pacific Blu and Landes
‘There are no winners here,’ CEOs tell IntraFish.Fisheries intrafish.com 19 Aug 06:44 GMT
Norway's salmon farmers are dodging major sea lice problems this year
So far this year there has not been any large sea lice outbreaks.Aquaculture intrafish.com 19 Aug 06:42 GMT
Will Thai Union's $575 million investment in Red Lobster finally pay off?
Despite still contributing losses, the seafood restaurant chain is showing 'operational recovery' that puts it on track to black numbers.NEWS intrafish.com 19 Aug 06:40 GMT
Benchmark CEO steps down
The announcement comes after a run of changes at the group.Aquaculture intrafish.com 19 Aug 06:19 GMT
Proposed law could eliminate 50% of Magallanes salmon farming licenses
Chile’s booming region faces new threat as senators push for restrictive law.Aquaculture intrafish.com 19 Aug 06:12 GMT
Wild salmon worms, alternative ingredients and the removal of a wedding ring
IntraFish presents a run-down of all the buzzing seafood news of last week.NEWS intrafish.com 19 Aug 03:30 GMT
Don't miss Norway Royal, Kongsberg, Camanchaca and DnB at this week's IntraFish Salmon Summit!
Event takes place Aug. 21st during the AquaNor trade show in Trondheim, Norway.Aquaculture intrafish.com 19 Aug 02:09 GMT
Florida county warmly welcomes new land-based pompano facility
The operation joins other major land-based aquaculture facilities in the state that include Miami-based Atlantic Sapphire.Aquaculture intrafish.com 16 Aug 17:48 GMT
Red Lobster shakes up top procurement team
Veteran procurement execs exit, but reasons remain unclear.Careers intrafish.com 16 Aug 15:02 GMT
Whole Oceans's parent appoints finance VP
Justin Hankins has more than 13 years of experience in agriculture related financeAquaculture intrafish.com 16 Aug 13:54 GMT
Sockeye sales soar at Wegmans, other US retailers
The promotions were supported by the Bristol Bay Regional Seafood Development Association.Marketplace intrafish.com 16 Aug 13:00 GMT
Norwegian salmon prices sink to new low
Early harvests prompted by disease and a quiet European market are depressing prices further.Prices intrafish.com 16 Aug 12:51 GMT
SinkabergHansen appoints former Sparebank 1 SMN CEO as chairman
The board saw a lot of changes back in May.Aquaculture intrafish.com 16 Aug 12:47 GMT
Peak of Fraser River sockeye run approaches, but rockslide still blocks path up river
Just 14,000 fish have been moved beyond the rockslide, but millions more are headed to the Fraser.Fisheries intrafish.com 16 Aug 12:27 GMT
High Court disallows Norebo owner's permission to appeal
The trial moves forward in London.NEWS intrafish.com 16 Aug 12:02 GMT
Outlook for US imports of Indian shrimp shrouded in uncertainty
The outlook for shrimp imports into the United States for the second half of this year remains uncertain, amid conflicting reports about the extent to which the impact of disease and inclement weather is affecting production, particularly in India. "Markets could be said to be steady to firm. Prices seem to be stabilizing," said one US importer of Indian shrimp, adding that prices have reset in tProcessor intrafish.com 16 Aug 11:56 GMT
Let them eat worms? Solutions to salmon nematodes remain elusive
Farmed salmon is often dinged for having sea lice, but there's another common parasite in wild salmon sold in the United States commercially -- nematodes.Aquaculture intrafish.com 16 Aug 08:17 GMT
Maryland nabs nearly $400K for salmon ventures
The grant will help boost the city's economy.Finance intrafish.com 16 Aug 08:16 GMT
Aldi's salmon supplier fined over mislabeling scam
The seafood company altered the expiration date of salmon.Marketplace intrafish.com 16 Aug 07:50 GMT
Former Nutreco CEO Knut Nesse named chairman of Akva’s board
Group goes outside 'corporate governance' principles to secure the appointment.Careers intrafish.com 16 Aug 07:49 GMT
Scottish salmon farmer ready to take on organic market
The company also recently sealed a partnership with Scottish aquaculture equipment supplier Gael Force Group.Aquaculture intrafish.com 16 Aug 03:55 GMT
Norwegian equipment supplier Akva expands in Asia
The company lifted second quarter results by stronger order intake in the Nordic region.Aquaculture intrafish.com 15 Aug 22:06 GMT
UK sushi maker Ichiban lands deal with Aldi UK stores
Ichiban already supplies the supermarket with around 40,000 sushi snack packs each week.Marketplace intrafish.com 15 Aug 21:59 GMT
French seafood processor pulls 14 salmon lines from Auchan
IOD Seafoods could not guarantee that product validity dates are correct.Processor intrafish.com 15 Aug 21:55 GMT
Cooke Aquaculture site hit by fire
Hatchery blaze started overnight in the early hours of Thursday morning on the Spanish island of Mallorca.Aquaculture intrafish.com 15 Aug 20:29 GMT
HB Grandi cleared for $34 million acquisition
Shareholders also approved a name change for Iceland's second-largest seafood company.Finance intrafish.com 15 Aug 20:21 GMT
Sea Delight nabs former Inland Seafood exec
Scott Purinton will help grow sales of the companies expanding product line.NEWS intrafish.com 15 Aug 19:24 GMT
BioMar CEO: Contracts, turnaround strategy shows company 'on the right track'
'In times of crisis, companies need to rethink their strategy,' says CEO.Aquaculture intrafish.com 15 Aug 16:31 GMT
Alaska pollock fishery preparing for comprehensive environmental checkup
The fishery will use a life cycle assessment to evaluate potential environmental impacts of pollock.Fisheries intrafish.com 15 Aug 16:09 GMT
UK exporters prep as deadline for new US import rules loom
The new trade rules will come into force in September.Outlook intrafish.com 15 Aug 12:36 GMT
Billund lands new contract with Atlantic Sapphire's Miami operations
The construction of the second phase of the Miami project will begin in 2020.Aquaculture intrafish.com 15 Aug 12:24 GMT
Tesco wants farmed salmon suppliers to use algae-based feed
The retail giant says it is important to drive change in the feed sector.Marketplace intrafish.com 15 Aug 12:22 GMT
Nissui-backed mega-shrimp farm closer to launch
The company opened its headquarters back in May.Shrimp intrafish.com 15 Aug 08:21 GMT
UK firm launches cleaner-fish feed range
The new solution aims to ‘revolutionize’ performance.Aquaculture intrafish.com 15 Aug 08:20 GMT
Chile's salmon harvests rise 10% year-on-year
All three species showed an increase from the first half of 2018.Aquaculture intrafish.com 15 Aug 08:09 GMT
Clearwater's MacDuff sees signs of uptick in EU scallop market
Prices, consumption and penetration declined from 2015 but company sees signs of recovery.Fisheries intrafish.com 15 Aug 07:52 GMT
Indian, Mexican shrimp broodstock JV kicks off first sales
Indian farmers are calling for a full ban on imports of Mexican genetics.Aquaculture intrafish.com 15 Aug 07:51 GMT
Bumble Bee CEO allegedly told price-fixing co-conspirator: 'Don't f**k this up'
The DOJ contends these detailed communications between Lischewski and former associates are the key to understanding his full role in the price-fixing scandal that has rocked the tuna industry.Processor intrafish.com 15 Aug 07:48 GMT
Fast-growing Norwegian seafood group Insula hits speed bumps
The company went through several structural changes over the year.Finance intrafish.com 15 Aug 00:00 GMT
Here are the year's top seafood executive changes so far
Over 100 top industry leaders have moved to different companies so far this year.Processor intrafish.com 14 Aug 22:37 GMT
Amerra, Mubadala one step closer to creating Med bass and bream giant
Companies are still awaiting final EU competition approval before planned sale to Amerra and Mubadala goes through, but one of the key conditions is close to being met.Finance intrafish.com 14 Aug 13:14 GMT
US seafood processor pleads guilty to mislabeling crab
Phillip Carawan's artificially deflated the cost of domestic blue crab giving his Capt Neill's company an unacceptable economic advantage over law-abiding competitors, justice officials said.NEWS intrafish.com 14 Aug 12:41 GMT
Red Lobster CEO won't sell plant-based seafood: ‘It’s terrible’
The restaurant chain has no plans to introduce this option to its menu.Marketplace intrafish.com 14 Aug 12:33 GMT
Akva's results lifted by strong order intake in the Nordic region
The company continues to struggle in European and Middle Eastern regions.Finance intrafish.com 14 Aug 08:10 GMT
Norwegian salmon farmer Seloy Sjofarm smashes sales record
The company has posted higher earnings, but sales hit a new high.Finance intrafish.com 14 Aug 08:02 GMT
Benchmark Holdings appoints new CFO amid rough financials
Maguire comes on board in November.Finance intrafish.com 14 Aug 08:01 GMT
Algae, insects, single-cell proteins: Alternative ingredients are all the rage, but at what cost?
Alternative feed ingredients are expensive and may remain that way, but a lot depends on economies of scale, top executives tell IntraFish.Aquaculture intrafish.com 14 Aug 07:59 GMT
Higher costs drive down financials of salmon farmer Lingalaks
Company's board remains optimistic about the innovative salmon farmer's future, however.Finance intrafish.com 14 Aug 07:59 GMT
Chile’s cuttlefish trawling ban law comes into force
A motion to delay the implementation of the law was rejected by a vast majority.Fisheries intrafish.com 14 Aug 07:54 GMT
Indian monsoon outrage takes a toll on individual shrimp farmers
In such scenarios, farmers tend to lose all their working crops.Fisheries intrafish.com 14 Aug 07:31 GMT
Benchmark CEO: 'Our longer-term opportunity is undiminished'
The company's shares saw a steep drop following a trade update published this week.Aquaculture intrafish.com 14 Aug 07:30 GMT
Salmon worms are squirming under the radar, for now
Nematodes pose a potential risk to wild seafood's reputation, but finding a solution in the supply chain remains elusive, and some say it's simply an accepted part of the business.Processor intrafish.com 13 Aug 22:37 GMT
Nasdaq: Norwegian farmed salmon prices slightly recover
Prices were down over the past month.Prices intrafish.com 13 Aug 17:20 GMT
US takes salmon, cod off Chinese import tariff list; pollock set to see hike by December
The US government will impose a 10 percent tariff increase on $300 billion (€267.3 billion) worth of Chinese imports that include Alaska pollock by Dec. 15, a move that is being applauded by the Alaska seafood industry. "It's a really good outcome for the Alaska seafood industry," Matt Tinning, director of public affairs for the At-Sea Processor's Association (APA), told IntraFish. He confirmedNEWS intrafish.com 13 Aug 16:35 GMT
Global Aquaculture Alliance appoints new director
Earlier this year, five new directors were also appointed to the board.Careers intrafish.com 13 Aug 16:23 GMT
Difference in salmon farming valuations 'has rarely been higher'
Salmon farming companies listed on the Oslo Stock Exchange are expected to continue to benefit from a "strong development," according to analysts at Pareto Securities, but companies' valuations are farther apart than ever. "We believe the valuation of some companies is somewhat stretched," the firm wrote. Shares in the sector are trading at 12 to 15 times their 2019-2020 earnings per share, "butFinance intrafish.com 13 Aug 13:00 GMT
CP Foods India commits to international fishmeal sustainability standard
The company is ready to enter the IFFO RS improver program this year.In Depth intrafish.com 13 Aug 08:09 GMT
Price-fixing case among challenges facing UK salmon consolidation
The Scottish Salmon Company's hunt for new ownership comes amid fair trade scrutiny that includes an ongoing EU price-fixing investigation.Finance intrafish.com 13 Aug 08:03 GMT
Benchmark's warning slashes $80 million off market cap
The company lowered its full-year expectations citing challenges in key markets.Finance intrafish.com 13 Aug 07:54 GMT
Norwegian seafood processor Nils Williksen changes name
The processor will be renamed this week.Processor intrafish.com 13 Aug 07:47 GMT
Scottish salmon producers puzzled by slump in Chinese sales
Sales to China fell by 21% in first six months of the year. Why?Marketplace intrafish.com 13 Aug 07:46 GMT
Thai Union, Princes launch tuna Fishery Improvement Project in Senegal
The canned tuna giants partnered with the WWF for the initiative.Fisheries intrafish.com 13 Aug 07:44 GMT
CP Foods-backed shrimp farmer invests heavily into new 'greenhouse' concept
Brazil-based Camanor is seeing major improvements with the new housing system, which is regulating environmental factors and significantly reducing the production cycle, top exec tells IntraFish.Aquaculture intrafish.com 13 Aug 03:03 GMT
Stronger pangasius demand drives growth at Vietnamese processor Navico
Company expects that its upcoming Binh Phu site will only increase demand.Aquaculture intrafish.com 12 Aug 22:41 GMT
Grieg invites Pamela Anderson to come back to visit
'We share Sea Shepherd's desire to preserve the fantastic nature and wild salmon in British Columbia,' the company said.Aquaculture intrafish.com 12 Aug 22:25 GMT
Cooke invests in Chilean land-based salmon smolt projects
Deal has potential for delivering several larger land-based projects.Aquaculture intrafish.com 12 Aug 22:14 GMT
Nova Sea names new CEO
Executive was already in the Nova Sea system.Aquaculture intrafish.com 12 Aug 22:08 GMT
Selstad reports stronger revenues but higher costs drag on earnings
The company anticipates a stronger year ahead.Finance intrafish.com 12 Aug 17:00 GMT
Indian shrimp farmers project $30 million in losses from flooding
Navsari district farmers are predicting heavy financial losses.Aquaculture intrafish.com 12 Aug 16:53 GMT
Russian Fishery, Agama form new JV to build second whitefish plant
Russian Fishery will hold a majority stake of 50.01% of the new plant.Processor intrafish.com 12 Aug 13:35 GMT
Young's Seafood earnings rise on chilled, frozen contract wins
The company has since changed owner, CEO.Finance intrafish.com 12 Aug 12:23 GMT
UK’s former minister of fisheries re-appointed by Boris Johnson
Eustice stepped down in March over Brexit delays.Fisheries intrafish.com 12 Aug 12:23 GMT
New bluefin tuna processing plant in Canada targets market expansion
The facility required a $400,000 (€357,451) investment.Processor intrafish.com 12 Aug 12:22 GMT