First up this week in seafood investment news, shares of the world’s largest salmon farming companies have almost all tanked, with a whopping $4.3 billion (€3.6 billion) wiped off the value of the 10 biggest publicly listed firms this year.
Salmon farming giant Mowi Canada East’s Northern Harvest Sea Farms in Newfoundland and Labrador is suspected of having infectious salmon anemia (ISA) at its Cinq Island Cove marine site, the latest incident at the troubled operations.
In better news for the salmon farming giant, Mowi is seizing an opening in US frozen fish category with its new brand.
Garnering much attentionthis week, experts answered the big questions on why and how land-based salmon production will succeed. Click here to watch IntraFish's land-based salmon webinar.
On of the main themes to come out of the webinar is that land-based salmon farming is in need of "a major success story."
Seed2Growth Ventures (S2G), a Chicago-based agriculture and food venture capital group, backed in part by the billionaire grandson of Walmart founder Sam Walton, is looking to revolutionize the seafood and oceans space -- all it needs is one big hit.
One of the most perplexing questions in seafood has finally been answered by a myth busting study.
As the global coronavirus death toll nears 800,000, infected crew aboard an American Seafoods vessel may provide clues to battling the disease.
The fisheries and aquaculture arm of the US National Oceanic and Atmospheric Agency (NOAA Fisheries) this week announced federal waters off southern California and in the Gulf of Mexico will be the country's first two regions to host Aquaculture Opportunity Areas, part of President Donald Trump's executive order on promoting american seafood competitiveness and economic growth.
Finally this week, as frozen food suppliers continue to be one of the few winners COVID-19 crisis, a leading High Liner executive said the industry has never seen this level of new frozen seafood customers.