Shareholders reaffirm strong confidence in First Water’s sustainable land-based aquaculture project.
First Water, a company specialising in sustainable land-based salmon farming in Þorlákshöfn, Iceland, has completed a share capital increase amounting to EUR 39 million. The capital raise was led by existing shareholders, including Stoðir hf., FW Horn slhf., Framherji ehf., Lífeyrissjóðurverslunarmanna, Brú lífeyrissjóður, Líra ehf., and LSR.
Innovasea strengthens RAS design capabilities with new hire
Innovasea has expanded its recirculating aquaculture systems (RAS) design team with the appointment of Miguel Martin, a specialist in large-scale RAS projects. The company announced the hire on Wednesday.
Martin joins from Norwegian firms Nofitech and Pure Salmon Technology, where he contributed to salmon farming projects across Norway, Scotland, Japan, the Faroe Islands, Brunei, and the United States. He brings close to a decade of aquaculture experience, including both facility management and RAS design.
Source: SalmonBusiness l Read the full article here
Norwegian family-owned salmon farmer Eide today announced that Roger Sørensen, chief executive of fish health, welfare, and environment services provider Åkerblå, is to become CEO of its floating closed containment project Watermoon.
Eide said with over 10 years at the helm of Åkerblå – where he led the company’s growth from 14 to over 550 employees – Sørensen is one of the most experienced and respected leaders in Norwegian aquaculture.
Source: fishfarmingexpert l Read the full article here
Cephalopods, invertebrate animals present in most marine ecosystems, exhibit great diversity in their life cycles (Anderson and Rodhouse, 2001) and represent a challenge of high complexity when evaluating their population status (Arkhipkin et al. 2021). Their ecology evolves through interactions between species and their physical environment (ambient), from their embryonic phase until reaching the adult phase (Vidal and Shea, 2023).
The launch of the warehouse located on the Eastern Wharf will serve to enhance the service its fishmongers provide to their customers.
Gadis, the 100% Galician-owned company and leader in distribution, has invested nearly €6 million to launch the new Pescarmar platform in the port of A Coruña. The group's company is responsible for the selection, purchase, and management of fish and seafood. The facility has been designed to continue offering its customers fresh fish and seafood of the highest quality and reinforce one of the company's greatest values: "expert service at the counter and a shopping experience based on proximity, variety, and commitment to seafood."
Source: La Voz de Galicia | Read the full article here
As part of its commitment to innovation in food safety and sustainability, IRTA is coordinating research to transform the production of ready-to-eat smoked products, "making them safer and more sustainable." They are doing so through the "Smoke Up" project, an initiative they have promoted together with Embotits Monells (project leader) and Angulas Aguinaga, and with the collaboration of Proveedora Hispano Holandesa.
Smoked products, such as salmon, and even bacon, are highly appreciated by consumers, however, IRTA points out that:
Source: iPac.acuicultura | Read the full article here
U.S. President Donald Trump will impose levies totaling 104 percent across all Chinese imports starting 9 April, White House Press Secretary Karoline Leavitt confirmed.The 104 percent total is made up of the first 10 percent tariff in February, the second 10 percent tariff announced just a month later, the recent 34 percent tariff announced on 2 April
Author: Chris Chase / SeafoodSource l Read the full arrticle here
Norwegian salmon farming giant SalMar has reported a 10,000 tonne drop, year on year, in its 2025 first quarter harvest. The total gutted weight figure, excluding the Scottish Sea Farms output, was 42,700 tonnes against 52,900 tonnes a year ago.SalMar saw reduced harvest numbers in central Norway and at its offshore and Iceland operations.
The regional breakdown was (Q1 2024 figures in brackets):- Farming Central Norway 21,100 tonnes (27,800 tonnes); Farming Northern Norway 19,300 tonnes (17,500 tonnes) SalMar Ocean 1,200 tonnes (4,800 tonnes) and Icelandic Salmon 1,100 tonnes ( 2,800 tonnes).
Author: Vince McDonagh / Fish Farmer l Read the full arrticle here
"Tax-free tuna trade with Thailand could undermine the competitiveness of European fleets, especially in terms of price and market share," say Europêche shipowners, who emphasize that Thai tuna vessels are subject to fewer regulations compared to the European tuna fleet and may engage in practices such as transshipment.
The European Union and Thailand are in talks to sign a free trade agreement (FTA) that could allow the duty-free transit of Thai tuna, among other products, to the EU market.
The Lithuanian-based Viciunai group, with a commercial (VG Iberia) and production (Britor Systems) presence in Spain and one of the largest surimi producers in Europe, has begun construction of a new salmon processing complex in Plunge (Lithuania), with an investment of €100 million. With these facilities up and running, its salmon and salmonid processing capacity will increase from the current 18,000 tons per year to 50,000 tons, "positioning it among the top five European producers" in this category, it states in a statement. The subsidiary that will manage this plant, Viciunai and Partners (VIP), expects the new facilities to increase its sales from €150 million to €500 million.