Nicki Holmyard lives and breathes the seafood industry. As a specialist freelance writer for 25 years, she has
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Akureyri, Iceland-based Samherji has announced a USD 26 million (EUR 25.1 million) share capital investment into a land-based salmon farm project in Iceland, with former Mowi CEO Alf-Helge Aarskog named as a new shareholder.
The funds will be used to build a pilot project in Öxarfjördur, Iceland, and design and construct a 40,000-metric-ton salmon farm in the Resource Park next to the Reykjanes Power Plant in the Reykjanes Peninsula.
… Read MoreThe Scottish seafood industry, with help from the Scottish government, is working to revive its langoustine exports after years of decline.
Exports of langoustine – also known as nephrops (Nephrops norwegicus) – from the U.K. to major markets have almost halved in the past decade. Typically exported to Europe – with the three largest buyers being Spain, Italy, and France – the U.K. exported a total of 18,000 metric tons
… Read MoreNantes, France-based Lisaqua has been selected to set up the first shrimp farm in France to use thermal energy generated from the treatment and recovery of household waste …
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… Read MoreArbiom, a French-American company that has developed a process for turning agricultural and wood residues into proteins for feed and food applications, has received an EUR 12 million (USD 13 million) grant from the France Relance investment program to build a new factory to kick-start commercial-scale production of its SylPro aquafeed …
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… Read MoreLess than two weeks after completing the first smolt release at its land-based, hybrid flow-through salmon farm at Indre Harøy in Norway, Salmon Evolution announced a successful private placement to raise NOK 300 million (USD 34 million, EUR 31 million) …
Photo courtesy of Salmon
… Read MoreTrondheim, Norway-based Norcod, an aquaculture company that farms Atlantic cod (Gadus morhua) in mid-country fjords, announced a successful private placement earning NOK 175 million (USD 20 million, EUR 18.3 million) at the end of March 2022. The funds were raised through an allocation of 2,187,500 shares at a subscription price of NOK 80 (USD 9.20, EUR 8.39) per share …
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… Read MoreSchiedam, the Netherlands-based The Seaweed Company has announced a recent successful funding round, including a major investment from the Colruyt Group.
Colruyt is a major food distributor in Belgium, France, and Luxembourg, with more than 600 of its own stores and a similar number of affiliated stores – in addition to some involvement in green energy and other sectors. According to The Seaweed Company, the group expanded
… Read MoreAn initial batch of 100,000 smolts has been transferred to the first of 12 tanks at Salmon Evolution’s hybrid flow-through fish farm at Indre Harøy, on the west coast of Norway …
Photo courtesy of Salmon
… Read MoreZürich, Switzerland-based Swiss Blue Salmon has plans to take advantage of the advancements in the development of recirculating aquaculture systems (RAS) to farm salmon in the landlocked country.
A partnership with RAS specialists Billund Aquaculture will enable the company to build what it has dubbed the “world’s smartest RAS farm. The eventual goal is to create a local aquaculture industry and reduce
… Read MoreLisaqua has moved a step closer to launching the first land-based whiteleg shrimp (Litopenaeus vannamei) farm in France by securing EUR 4.9 million (USD 5.4 million) in new investments.
The Nantes, France-based aquaculture firm reported EUR 2.6 million (USD 2.8 million) came from new and existing investors, with the remainder loaned by investment and commercial banks. Lisaqua will use the funds to complete a pilot recirculating aquaculture
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