NEWS
Omega-3 pioneer prepares to scale up
A Scottish-based biotech company looking to develop a new source of natural omega-3 is planning to expand after raising £14m in funding. MiAlgae uses nutrient-rich by-products from the whisky industry...
Under fire
From highway robbery to lawsuits from indigenous communities, as Vince McDonagh reports, the Chilean salmon industry is facing challenges on a number of fronts. Of all the major fish farming...
Proximar secures one billion yen in loan capital
Proximar Seafood has secured two loan agreements worth a total of one billion Japanese yen for its Mount Fuji RAS salmon farm project. The figure, broadly equivalent to £5.3m or...
Norwegian salmon price slowly moving up again
The fresh salmon market is back on an upward trend in Norway again, for the first time in several weeks. But the increase is small, at just 1.4% according to...
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Red Lobster restaurant chain secures survival at last
US seafood chain Red Lobster has been saved from bankruptcy thanks to a consortium of investors. The group operates hundreds of restaurants across the United States, Asia and Central America,...
Norway and EU strike deal on seafood quotas
Just days after announcing a key trade deal with Brazil, Norway has secured an agreement to sell more seafood into the European Union. The agreement, which will greatly help Norway’s...
Producers face EU grilling over cartel allegations
Some of Norway’s biggest salmon producers are expected to appear in a closed-doors hearing this week in front of the European Commission’s Competition directorate, to face allegations of price-fixing. Reuters...
Brazil opens up to Norwegian salmon
The Oslo government has persuaded Brazil to fully open its market to Norwegian seafood, most notably salmon. With a population of more than 215 million, Brazil represents a huge opportunity...
Public backs quick exit from CFP
THERE is powerful public support for the UK taking back control of its fishing grounds when the country leaves the EU in March 2019, or soon afterwards. A YouGov poll...
Newfoundland deal good Choice says Grieg
THE Grieg Group and Canada\'s Ocean Choice International (OCI) have finalised an ownership agreement to develop the large Placentia Bay Aquaculture Project in Newfoundland. A statement from Grieg said the deal blended its experience in the salmon...
Dutch agree to halt controversial fishing
DUTCH pulse fishermen have agreed not to operate around sensitive areas of the English coast in a voluntary but landmark deal with local inshore fishermen. Both sides say the move...
SSC partners with genetics expert
THE Scottish Salmon Company (SSC) has signed an agreement with breeding technology company Hendrix Genetics, it announced today. The move will support the development of SSC’s broodstock and freshwater programmes....
