Iceland lowers 2021-22 capelin quota by just 34,600t
There had been fears the quota would come down by as much as 100,000t
New Icelandic firm plans $400m land-based salmon project
The new salmon farming company Geo Salmo, run by Icelandic investors, is in the process of planning an ISK 50bn plant with a production capacity of 24,000t
NTS CEO resigns in wake of SalMar bid
Harry Boe has resigned from the post of CEO at NTS a week after farming giant SalMar made an offer for the company
Mowi launches new €25m savings plan as costs creep up
Mowi achieved €45m in annualized savings in 2021, ahead of its €25m target, but is still pushing hard to up productivity
Editor’s choice: SalMar outbids Mowi for NTS; Beaver Street seeks investor
Neil Ramsden, EMEA editor of Undercurrent, brings you a roundup of the main stories from the previous week
American Seafoods names Gustafsson as CEO, replacing Durham
Einar Gustafsson's career in the seafood sector includes executive roles at American Pride Seafoods and Atlantic Coast Fisheries
Big Canadian fishing unions in war of words with new minister
'Recent comments made by minister Murray highlight the minister’s singular focus on ocean conservation and lack of regard for the fishing industry...' -- joint statement by FFAW and UFAWU
NOAA advances plan for 2022 Atlantic sea scallop season with 13% reduction
NOAA has moved much faster than last year to get its new scallop framework proposal published, meaning the rules could be in effect close to when the 2022 season starts
Pure Salmon Kaldnes completes new $67m plant for Nordic smolt producer
The new smolt plant in Breivik has tripled capacity for local smolt producer Salten Smolt, part of the Salten Aqua group
Alaska nets more than half of USDA’s $50m in COVID seafood relief funds
'Not everyone had the ability to work from home during the COVID-19 pandemic' -- Alaska senator Dan Sullivan