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Vessels March 9, 2022 10:09 AM
Capelin boost sees Brim more than double its profits in 2021

By Neil Ramsden

Earnings in Q4 alone doubled year-on-year thanks to increased fishing and prices for herring and capelin

Trade March 8, 2022 7:22 PM
India seafood platform doubles valuation to $500m in three months

Utham Gowda, a former investment banker, spent years tracking the seafood industry before launching Captain Fresh

Vannamei March 8, 2022 3:50 PM
China’s Evergreen acquires country’s ‘biggest shrimp importer’, plans IPO

By Lewis Hu

Quanlian, which was acquired by Evergreen for an undisclosed sum, was co-founded in 2019 by the Zhanjiang branch of CAPPMA, China's top seafood industry association

Foodservice March 8, 2022 9:56 AM
Korean giant backs US cell cultivated seafood firm’s $34m fundraise

Finless Foods -- the first firm to serve cell-cultured fish in the US -- has announced the closing of its series B funding, led by Hanwha Solutions

Supply March 8, 2022 9:29 AM
Singaporean food tech startup secures over $2m to develop cultivated seafood

Singapore-based food tech startup Umami Meats has secured pre-seed funding of $2.4 million to develop sustainable cultivated seafood

R&D March 7, 2022 10:22 AM
Scottish university gets thumbs up for major aquaculture research facility

The UK government has granted £17m for the construction of a 'world-class' research and innovation facility at the University of Stirling

Atlantic salmon March 7, 2022 10:16 AM
Proximar on track to stock Japan land-based salmon project in Q3

The Norwegian firm has commissioned Techno Ryowa to install the facility's heating, ventilation, and air conditioning -- the final fixed-price contract

Offshore March 4, 2022 7:02 PM
Salmon farmer Petuna said to be eyeing deal for Tasmanian port

'If one company buys it, it will become a monopoly' -- Stanley Chamber of Commerce president Bernard Atkins

North America March 4, 2022 6:32 PM
Premium tipped for CAD 450m-plus crab, lobster deal after upping bid on C&E to meet Novacap

By Tom Seaman

Canadian food group Premium is the favorite to acquire Champlain Financial's lobster and snow crab processing assets over Novacap, its final rival left in the sale process

R&D March 4, 2022 9:51 AM
€4.9m raised for France’s first land-based shrimp farm

Lisaqua plans to build a 2,000-square-meter facility near Nantes to produce 10t of shrimp per year from spring 2022

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