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Innovasea and Mowi expand partnership with renewed global agreement
The Norway-based company, ranked Number 1 animal protein producer for the 6th year in a row Innovasea, a global leader in technologically advanced aquatic solutions for aquaculture and fish tracking, announced a few days ago a renewed global framework agreement with Mowi, the world’s largest salmon farmer that recently achieved to be ranked number one animal protein producer for the...
ADQ and Finnforel study feasibility of developing a state-of-the-art fish farm in United Arab Emirates
The Abu Dhabi-based investment and holding company ADQ has signed an agreement with Finnforel, the leading aquaculture technology company headquartered in Finland, under which it will explore the feasibility of a land-based fish farming facility with a capacity of 3,000 tons per year in the United Arab Emirates (UAE). The potential facility will be strategically located within Khalifa Economic Zones...
Novo Holdings agreed to acquire the leader Benchmark Genetics
Aquaculture Magazine reports: Novo Holdings recently announced that it has agreed to acquire the Norwegian fish genetics company Benchmark Genetics from Benchmark Holdings for an enterprise value of up to USD 329.36 million. The transaction is aligned with the Novo Holdings Planetary Health Investment team’s strategic focus on aquaculture technology to drive growth, innovation, and sustainability, complementing the recent investment...
Bakkafrost orders GroAqua the world’s largest-capacity feed barge
Aquaculture Magazine reports: The vessel will hold 1,100 tons of feed and have 24 lines, allowing the simultaneous feeding of 24 pens Faroese’s companies GroAqua and Bakkafrost have signed a few days ago an agreement to build the world’s largest feed barge in terms of feed storage capacity and the number of feed lines. The feed barge, expected to be...
Thai Union Will Achieve USD 7 Billion Revenue and Double Earnings in Six Years with its Strategy 2030
Aquaculture Magazine reports: Thai Union Group announced a few days ago “Strategy 2030”, its ambitious roadmap to achieve significant growth, as they say. This includes boosting net sales growth to USD 7.0 billion by 2030 from USD 3.9 billion in 2024, and increasing earnings before interest, taxes, depreciation, and amortization (EBITDA) by 100 percent from approximately USD 400 million to...
NOAA Open the Public Comments to Possible New Aquaculture Opportunity Areas in California and the Gulf of Mexico
Aquaculture Magazine reports: The agency responsible for the management of Unites States (US) national marine resources, NOAA, released some days ago two draft Programmatic Environmental Impact Statements for Southern California and the Gulf of Mexico that bring them one step closer to identifying Aquaculture Opportunity Areas. The public comments on the draft can be submitted online from November 22 through...
Partnership with Faculty of Veterinary Medicine, Cairo University Strengthens FAI’s Tilapia Welfare Work
By FAI By securing a new, official partnership with Faculty of Veterinary Medicine, Cairo University, tilapia welfare experts FAI are further advancing fish welfare practices among Egyptian veterinary professionals, students and farmers. Combining forces with Ethical Seafood Research (ESR), Egypt's Central Laboratory for Aquaculture Research (CLAR), Aquavet Egypt, and Kafr El Sheikh University, Cairo University joins a long list of prestigious...
Onda Partners with External Facility to Expand Service Offering into Whiteleg Shrimp
By Onda Onda, a leading aquatic contract research organization, is pleased to announce the opening of a satellite location in Brazil to expand services to include work with whiteleg shrimp (Litopenaeus vannamei). This expansion of services will be conducted in collaboration with an aquaculture facility in Brazil, marking a pivotal step in advancing sustainable shrimp farming research globally. Shrimp is...
MicroHarvest Accelerates Pace to Achieve Multiple Kiloton Production Target
By MicroHarvest Three years in, company already in-market at commercial production scale of 1 ton/day. Having validated scaling to kTs annual production, company now aims for up to 15,000 tons/year by end of 2026. Company fast progressing with Series B fundraiser. MicroHarvest, a pioneer in sustainable microbial protein, has achieved a key milestone by demonstrating an ability to scale its...
INVE Aquaculture Concludes Year-Long 40th Anniversary Celebrations with “From Pioneers to Leaders” Video
By INVE Aquaculture INVE Aquaculture, a global leader in aquaculture innovation, proudly wraps up its year of 40th-anniversary celebrations with the release of the commemorative video "From Pioneers to Leaders". This video serves as the grand finale to a year of reflection and celebration, sharing the stories, insights, and dedication of the company’s leadership and pioneers who have played a...
New Campaign Calls on Congress to Support More Sustainable Seafood from U.S. Waters
By Stronger America Through Seafood Industry Coalition Stronger America Through Seafood (SATS) Highlighting Urgent Need for Federal Action on Open Ocean Aquaculture in America Industry coalition Stronger America Through Seafood (SATS) has launched a month-long campaign to educate Members of Congress and congressional staff about the urgent need for Congress to provide a pathway for open ocean aquaculture in U.S....
Oceanloop Receives US$ 36.86 Million Investment from EIB for its Sustainable Indoor Shrimp Farming Technology
The European Investment Bank (EIB) has authorized a US$ 36.86 million loan to German aquaculture technology start-up Oceanloop to help growing its business in Germany and expanding it to Gran Canaria, Spain. The EIB`s venture-debt investment will also enable the Munich-based company to accelerate the development of the technology for its sustainable recirculating aquaculture system (RAS) for indoor farming. The...