News
Mitsubishi invests in trout ‘Gigafactory’
Japan’s Mitsubishi Corporation has bought into the Finnish aquaculture technology company Finnforel.
Mitsubishi, a large conglomerate with a range of industrial interests, already owns the salmon farming group Cermaq, which operates in Norway, Chile, Scotland and Canada.
Finnforel is an innovative agritech company, focused on farming rainbow trout in what it says is a sustainable way. It has pioneered a comprehensive concept which encompasses the entire value chain—from advanced selective breeding programs to its feed, farming, processing, packaging and branding of its fish products.
Read MoreMowi Chairman to step down
Ole-Eirik Lerøy, Mowi’s long-serving Chairman, has announced he is stepping down from the board of the salmon farming giant.
He has been an integral part of the business for more than 15 years. It was also announced yesterday that his successor will be shipping executive Ørjan Svanevik.
Read MoreThe case for humane slaughter
A recent poll suggests consumers would support the adoption of electrical stunning as a humane slaughter method for sea bass and sea bream.
Read MoreFurther rise in salmon prices
Norwegian salmon prices have continued on the road to recovery following a prolonged slump during the summer.
Read MoreSamherji ready to start work on new super fish farm
Samherji, Iceland’s largest fishing and aquaculture company, is to start work on its new salmon land farm next month.
Read MoreAnchovy quota announced in Lisbon
Some uncertainty in the aquafeed industry has been relieved with the announcement that Peru’s next fishing season will start on 1 November, with a quota of just over 2.5 million tonnes. The announcement was made at the annual conference of the marine ingredients organisation IFFO, held in Lisbon over 21-23 October. Peru accounts for around…
Read MoreOut of Eden
On the east coast of Scotland, an innovative project is seeking to show that tropical shrimp can be grown – at commercial scale – in colder climes.
Read MoreCoastal towns to receive record £331m from salmon auctions
Norway’s Aquaculture Fund looks set to pay out NOK 4.7bn – £331m – this year to coastal communities.
The payment is the largest since the Fund was set up and is due to the exceptional prices paid at auction for fish farming licences.
Read MoreAKVA Group favourite for Cermaq Chile contract
AKVA group looks set to land the supply contract to build a planned new smolt facility for Cermaq Chile.
It is thought that Billund would get the supply deal, but the company ceased trading in the summer.
Read MoreTiny Fish is big winner at Innovation awards
A company set up to create economic value from hatchery fish that do not make the grade was one of the winners in the Responsible Seafood Innovation Awards yesterday.
Tiny Fish, which finds unique markets for small salmon from Scottish hatcheries that are removed during the freshwater phase of production to allow the best salmon to be raised at sea, was named as Aquaculture Innovation of the Year at the awards, announced at the Responsible Seafood Summit in St Andrews, Scotland.
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