BlueNalu raises cash for ‘cellular seafood’

A new type of cultured seafood may find its way from the laboratory to dinner plates in the next year or two thanks to a $60m financing deal yesterday, involving the pioneering US company BlueNalu. Based in San Diego, California, BlueNalu is a leader in the development of cellular aquaculture in which living cells are…

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Grieg rolls out new sales operation

Grieg Seafood’s new fully integrated sales and marketing organisation has become fully operational and will now be used to sell its Scottish and Canadian salmon, the company has announced. Norwegian salmon is expected to follow soon. The previous sales joint venture setup, known as Ocean Quality, has subsequently been dissolved. In November Grieg said it…

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GAA appoints Brian Perkins as COO

The Global Aquaculture Alliance (GAA) has announced the appointment of Brian Perkins as Chief Operating Officer. Perkins comes to GAA with more than 40 years’ seafood experience in the certification space as well as in managing events and media. For the past six years, he has acted as Regional Director, Americas for the Marine Stewardship…

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Soil Association endorses Organic Sea Harvest

Independent fish farming start-up Organic Sea Harvest (OSH) has had its credentials confirmed by the Soil Association, the UK’s leading organic farming certification body. The Soil Association confirmed that the Skye-based company meets the standards to be considered an “organic” producer. OSH Fish Health and Welfare Technical Manager, Adam Rainsden, said: “This certification is confirmation…

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Alvestad Marin launches new CompHatch® and AutoTend® robot

Alvestad Marin has updated its market-leading hatchery CompHatch with new design features. The new CompHatch2020 has fewer components, with the EasyHatch substrate moulded into the hatching tray in one piece, making for a more user-friendly system with enhanced hygiene and water distribution. Alvestad Marin has also launched AutoTend for automatic tending of salmonids eggs and…

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Brexit chaos compensation will be £23m, PM says

Scottish seafood exporters have called for more details after Prime Minister Boris Johnson appeared to promise a £23m compensation fund for businesses affected by customs chaos following the end of the Brexit transition period. The Prime Minister’s pledge came on a day of protest as more than 20 lorries, representing angry seafood exporters, staged a…

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AKVA still dealing with aftermath of cyber attack

Aquaculture technology group AKVA says its experts have detected the “root cause” of the malware which caused the shutdown of key IT systems in the company, but the system is still not up and running. On 10 January, AKVA announced that it had been the victim of “ransomware” hackers in a severe cyber attack. In…

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Salmon price falls again

Hopes of a New Year recovery in salmon prices appear to have been put on hold – at least for the time being. Statistics Norway, which keeps a close eye on trends, reports that the price of fresh and chilled fell by almost 7% during the first week of 2021. They were down to NOK…

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Scotland and Ireland are bright spots for Mowi

Scotland and Ireland were the two principal bright spots for fish farming giant Mowi during the final quarter of last year, the company’s trading update shows today. The world’s largest salmon producer has reported a Q4 operating profit of €49m, compared with €166m for the same period in 2019. Analysts had expected an EBIT of…

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Ocean Kinetics – the market leaders in aquaculture and marine works

For over 25 years they have been providing high quality diving and ROV services, as well as high quality fabrication and machining services. Investing in the right people, equipment and facilities has made the company well placed to offer innovative and cost-effective solutions for even the most complex projects and repairs. They have extensive experience…

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