Mediterranean aquaculture hamstrung by credit crunch, says Delta director

Morenot

Amid hopes that European fish farming could be set for a new era of growth, Delta Aqua Redes director Albert Comes cautions peripheral countries could miss out (more…)

California oyster farmer files official appeal against government-ordered closure

Drakes Bay, which operates California’s only oyster cannery, argues that it bought the company in 2005, seven years before the scheduled expiration of a 40-year lease in federal waters

Police probe power failure at Canadian salmon farm

Police are investigating a power failure that killed about 12,000 salmon – almost $350,000 worth – at a land-based fish farm in Hants County

Faroese salmon sees growing demand from US sushi

North America continues to be a popular destination for Faroese exports, though the practices of exporters might be changing according to one source

Chile seizes 1.5m salmon from Marine Harvest in dispute with Sur Austral

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Authorities seize biomass from two Marine Harvest salmon farms in Los Lagos region, reportedly due to Marine Harvest failure to pay fine in legal dispute with Salmones Sur Austral (more…)

Montanari family reportedly willing to sell out of Invermar

Financial advisors Landmark Capital have been hired by Invermar family owners to look for new partners interested in the Chilean salmon producer

Norwegian fish nets maker buys out Spanish rival from Andromeda

Acquisition of remaining 20% stake in Delta Aqua Redes reflects Morenot’s commitment to Mediterranean activities, including tuna farming (more…)

Bell Aquaculture to set tilapia farm in Delaware County

Justin Long, doing business as Blue Lotus Aqua Products, Indianapolis, announced plans to locate a tilapia farm in Delaware County this year

Invermar creditor banks said to be in active search for a buyer

Invermar

As a response to the convoluted financial situation of Chilean salmon producer Invermar, lenders took the decision of leading a campaign to find a new majority shareholders (more…)

Nordea: Big drop in Alaska salmon harvest will push US farmed salmon imports

Investment bank warned in a note on Friday that the expected 53% drop in Alaska’s wild salmon harvest this year will have consequences for US salmon trade

Easter heading towards most expensive salmon in modern times

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Following a 14% increase in past seven days, prices are at the highest recorded since the 1980s (more…)