Capelin boost sees Brim more than double its profits in 2021
Earnings in Q4 alone doubled year-on-year thanks to increased fishing and prices for herring and capelin
Scottish Salmon Co lost over half its smolt at a hatchery in January
Its Applecross hatchery -- which received up to £5m in public sector funding late in 2021 -- suffered the deaths of over 500,000 smolt when it had to euthanize four tanks
Skagerak forced to compensate NRS after pandemic order cancelation
The wholesaler invoked force majeure to cancel its orders for nine weeks at the onset of the pandemic, which NRS -- and, crucially, the court -- did not accept
McDonald’s is shuttering its Russia locations with impacts on Espersen plant likely
Espersen, which processes Russian pollock for McDonald's fish sandwiches, employs around 100 people at its plant in Veliky Novgorod, Russia
Chinese-owned salmon farmer says business as usual in Russia
The conflict between Russia and Ukraine has not had an impact on the business of Chilean farmer Australis Seafoods in Russia, according to its Chinese parent company
Kingfish Company’s CFO to step down after a year
Dutch land-based yellowtail farmer The Kingfish Company's chief financial officer, Christo du Plessis, will step down from his current role at the firm effective May
New Scottish aquaculture diagnostics firm gets £1.2m backing
WellFish Diagnostics, a new spinout company from the University of the West of Scotland, aims to 'transform health diagnostic practices' in the aquaculture sector
Coldwater shrimp sector sees little impact from European conflict, still expects price increase
Sources largely expect prices to remain stable or to gradually climb until spring fishing in the Barents Sea begins, with the Russia-Ukraine conflict not expected to impact the markets
Chinese tuna company receives $4m gov’t subsidy for ‘international cooperation’
Chinese seafood giant Shanghai Kaichuang International Marine Resources received CNY 25.3m in subsidy from government in Feb. 2021
Major Russian importer: Only domestic seafood will be on sale soon
The dive in Russia's currency and the impact of the sanctions on the country's economy means imported seafood could soon be priced out of the market