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Canadian salmon farmers point to historic production drop in call for policy shift

Canada's farm-raised salmon production plummeted from its peak of 148,000 metric tons in 2016 to a mere 90,000t in 2023

AquaBounty secures $10m loan, using both US farms as collateral

As the land-based salmon producer's debt mounts and revenues dwindle, the next several months will serve as a pivotal juncture in its high-stakes battle for survival

Fish and chips. Credit: Neil Langan/Shutterstock.com

Regal Springs teams up with UK pub chain for tilapia ‘fish and chips’ expansion

Italian firm’s cannery closes with loss of nearly 500 jobs following founder’s death

Credit: Da-ga/Shutterstock.com

‘World’s first’ sea bass cultivated from harvested fish cells arrives

Norwegian investor Bluefront launches $50m fund for sustainable seafood projects

Canadian NGOs challenge Alaskan salmon fishery’s MSC re-certification

Once bankrupt California offshore mussel farm nears restart after years of rehab

Canadian salmon tech firm speeds up global plans due to BC license doubts

Maine approves $60m storm relief bill, aid to coastal businesses to begin flowing in 90 days

Latest news

NOAA rejects emergency request to stop Chinook salmon bycatch in Bering Sea pollock fishery

Atlantic Sapphire’s 2023 losses skyrocket to $134m, revealing depth of setbacks

$400m-turnover Chilean group targets EU, US commercial expansion

Newfoundland industry leader confronted with threats before snow crab price deal

Climate change prompts rock lobster season extension in South Africa’s Western Cape

A rock lobster on a plate. Credit: Kojin/Shutterstock.com

Nordic Aquafarms blindsided: $500m Maine salmon project in jeopardy

Playing right song at right time helped Chile grow US Atlantic salmon market dominance

Storm relief bill aimed at helping Maine’s coastal community sidetracked

Province wants Canadian government to pitch in for aquaculture insurance

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Argentina’s Pesquera Veraz launches new shrimp vessel

Kingfish accelerates market expansion as production capacity doubles

Court-approved receivership paves way for Sustainable Blue’s minority owners to take control

US land-based tilapia farmer Blue Ridge only providing advice to Namibia project

Cassie Canastra optimistic about New England groundfish

Atlantic Sapphire’s Q1 harvest approaches total output for 2023

US oyster chain Shuckin’ Shack to add six locations, names new operations chief

CEO steps down at Aqua-Spark backed Molofeed

Popular stories

German single-cell protein startup comes of age with factory partner

Microharvest, based in Germany with a lab in Portugal, is the latest alternative feed startup to target the aquaculture sector as it harbors plans for its own 15,000t factory

NOAA Sea Grant awards $1m to boost US aquaculture competitiveness

The project headed by Virginia Tech and Virginia Sea Grant is deemed crucial to the future of the US aquaculture industry

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aquaculture

Megan Sorby leaves Kingfish Maine to launch US land-based project to grow red drum

Lashta promoted to CFO at salmon farming tech firm Poseidon

Taylor Shellfish aims for 10% growth amidst regulatory changewinds

prices

free read Bremen 2024: Recap UCN’s coverage from Fish International

Newfoundland crab harvester co-op in business but processor deal falls apart

West Virginia RAS firm switches from salmon to steelhead, joins growing crowd

companies

Captain Fresh inks deal for US shrimp importer CenSea 

Over 100 startups utilize seafood industry waste in products, says report

Scallop, tuna alternative manufacturer strikes technology deal with Gingko Bioworks

people

Andreassen insists Atlantic Sapphire is in good shape as he departs

Shrimpbox provider shifts strategy, eyes local growth over global expansion

Panamanian firm Gava Foods acquires shrimp fleet, expands operations

m&a

Captain Fresh plans Norway salmon sourcing operation, eyes IPO

Acquisition puts prized arctic char strain in Canadian land-based farmer’s hands, igniting growth prospects

Fortune looks west for M&A, plans Illinois, Texas skin-pack expansion with $1.25bn turnover in sights

retail

Captain Fresh to use recently acquired French shrimp cooker to grow in EU retail

Salmones Austral suspends Secret Island D2C sales while stepping up retail, wholesale efforts

CenSea buyer Captain Fresh has $100m-$200m for more European, North American M&A

processing

Santa Monica plans market share grab with new plants, restructured foodservice team; M&A on backburner

US swimming crab import pioneer Steve Phillips ready to shake up Canadian shellfish game

Phillips plans for Atlantic Canada shellfish division to be ‘possibly bigger’ than Asian operation

fishing

Icelandic bank, fishing firms launch €65m seafood investment fund

Palermo’s ‘frozen seafood king’ arrested amid alleged tax fraud

Shellfish lease debate surfaces in North Carolina waters