Uncategorized
Japanese giant Mitsui invests £43m in trout farm project
The giant Japanese trading group Mitsui is investing a further 78.5 billion Yen (£43m) in a major RAS trout farming project. It means that Mitsui now has a majority 50.4% stake in the trout producer known as FRD Japan. The new plant will be sited at Futtsu-shi, Chiba, around 25 miles east of Tokyo. Large…
Read MoreAKVA Observe uses AI to develop feed solutions
AKVA Observe is a partnership between AKVA Group and Observe Technologies, offering pioneering AI-based solutions to assist in feed management operations in salmon farms To date, these platforms are installed in all major salmon geographies across 90 to 100 site locations. Whilst there is strong market adoption, Observe is continuously developing and improving the products…
Read MoreMurray Cod producer installs Ace Aquatec stunner
An Australian Murray cod farmer has transformed its slaughter process with a humane stunner from technology business Ace Aquatec. Aquna Sustainable Murray Cod, based in New South Wales, installed a trailer-mounted in-water stunner in a bid to reduce fish stress. Despite its name, Murray cod (Maccullochella peelii) is a freshwater, river-dwelling fish and no relation…
Read MoreMowi Scotland Q2 harvest up 38% on last year
Mowi has announced a 2023 second quarter EBIT or operating profit of €300m (£256m), with its Scotland division showing a much improved harvest and financial performance. The operating profit was €20m (around £17m) lower than last year, but this is in line with industry expectations. The world’s largest producer of Atlantic salmon harvested 107,500 tonnes…
Read MoreŸnsect appoints new CEO, announces board changes
Alternative protein producer Ÿnsect has appointed a new CEO, Shankar Krishnamoorthy, as part of a board reorganisation that sees co-founder and former CEO Antoine Huber stepping down to focus on “innovation, science and impact”. Ÿnsect raised €160m (£137m) in its series D funding round in April this year. The company transforms mealworms into high-end, high-value…
Read MoreIcelandic salmon farmer changes name, raises capital
Icelandic salmon farmer Landeldi hf has rebranded as “First Water hf”. The company, which is building a major thermal-heated land fish farm in the south west of Iceland, has also completed share capital financing to the tune of €82m (ISK 2.5bn or £70m) which will guarantee the first phase of the project. First Water said…
Read MoreMørenot Aquaculture aims to cut costs
Industry supplier Mørenot Aquaculture has embarked on a cost reduction programme after announcing higher losses for 2022. The company, which has bases in Scotland, saw its turnover dip from NOK 532.2m (£318m) in 2021 to NOK 478.2m (£35m) last year. This led to a higher operating loss or EBIT of NOK 58.5m (£4.2m) against a…
Read MoreContracts awarded for Indre Harøy phase 2
Land based fish farmer Salmon Evolution has signed contracts for the design and development of phase 2 of its hybrid flow-through facility at Indre Harøy, Norway. The two selected contractors are Artec Aqua, is a leading supplier for land-based aquaculture, which had previously conducted design, construction and commissioning phase 1 at Indre Harøy, and will…
Read MoreGael Force announces partnerships for semi-closed system
Aquaculture support business Gael Force Group has named its partners in a project aimed at developing a ground-breaking semi-closed containment solution for fish farmers. Gael Force’s SeaQureFarm is a semi-closed cage structure which aims to keep fish safe from pathogens and predators, and allow for the collection of waste, while at sea. The Scottish-based company…
Read MoreBKD alert at four Lerøy sites
Bacterial kidney disease (BKD) has been detected or is suspected at four salmon farms in central Norway, the country’s Food Safety Authority (Mattilsynet) has reported. The four sites in an area known as PO6, are all thought to be managed by the Lerøy Midt’s division of the Lerøy Seafood Company. It is many years since BKD was discovered in…
Read More