Delayed RAS salmon farmer confronts contractor lawsuit, ballooning costs
Emergent Holdings, the parent firm behind Whole Oceans in Maine, faces a lawsuit filed by the owners of Pranger Enterprises, a contractor well known in the RAS space
Danish insect meal plant secures €50m funding for expansion
Danish insect meal producer Enorm Biofactory has raised €50m to scale up its plant in Denmark to 11,000t of annual production
Stolt’s new sole farms continue strongly as sales prices rise again
Turbot prices in Q4 improved by a further 9.9% on top of 'significant increases' in the prior quarter, while sole prices also rose 4.6%
Indonesia’s Aruna raises further $30m in effort to expand global presence
The digital platform has now raised $65m over two successive funding rounds in the space of six months
Dutch bank backs Aqua-Spark with new biodiversity fund
ASN Biodiversity fund will allow investors to get involved for a minimum of €20 only, money that will be used to help finance some of Aqua-Spark's projects
NASDAQ: Norway salmon prices flat in week three
Spot prices for Norwegian farmed salmon fell by less than 0.1% in week three of 2022, according to the NASDAQ Salmon Index
China’s largest shrimp firm reduces losses, seals new partnership
Zhanjiang Guolian Aquatic Products, China's largest shrimp company, forecast an annual loss of CNY 5m-CNY 10m due to a floundering aquaculture division
Trade insights: China’s shrimp imports recover by 12% in 2021
China imported 611,000t of frozen warmwater shrimp in 2021, according to Chinese customs data; Ecuador supplied 62%
2021 seafood M&A passes $6.5bn after explosion of outside investment
A remarkable 43% of all buyouts, mergers, investments and capital raises in the seafood sector were led by investment funds and private equity during 2021
US fishmeal alternative maker Calysta names new science, sustainability officer
Calysta has said that they are on the verge of developing the world’s industrial-scale aquafeed-replacement facility with global nutrition company Adisseo in China