Grieg secures $360m sustainability-linked debt financing
The agreement with DNB Bank and Nordea Bank provides Grieg with a NOK 750m term loan, a €75m term loan, and a NOK 1.5bn revolving credit facility
Norway’s fresh salmon export value hits new high in week five
The average export value of fresh Norwegian salmon during the fifth week of 2022 was NOK 74.45/kg, a new high since the beginning of the pandemic
Salmon Evolution preparations for phase two, first smolt release on track
The land-based salmon farmer's plan to release its very first smolt in March remains on schedule and budget, with first harvests planned for later in the year
Russia’s aquaculture output hit almost 357,000t in 2021
Russia's aquaculture production increased by 8.5% year-on-year to 356,600 metric tons in 2021, with salmon accounting for 38% of the total during this period
Vietnamese shrimp prices expected to remain firm through Q1
Prices peaked in the final weeks of 2021, and though they have eased slightly in 2022, sources expect levels to now remain firm and gradually rise until the next main harvest
Grieg to deploy ‘semi-closed’ BC salmon farms despite net-pen phaseout
Grieg might see some wiggle room in the statements made by the administration of prime minister Justin Trudeau regarding the eventual ban
Herring harvester appeals to stop industry-funded at-sea observer rule
While judge William Smith found in favor of NOAA in September 2021, Seafreeze Fleet has appealed, arguing that the cost of observers would render fishing unprofitable
Price gap growing between large- and mid-sized US sea scallops
A total of 24,564 lbs of sea scallops sold Monday for $654,149 at the seafood auction in New Bedford, Massachusetts, an average of $26.63/lb
Judge nixes StarKist’s request to have some tuna price-fixing suits thrown out
Dana Sabraw, the chief judge of the Southern District of California rejected StarKist's request for partial summary judgment
Trade deal could propel Ecuador’s shrimp exports to China even higher
The signing of a free trade agreement between China and Ecuador scheduled for late 2022 could bring great benefits to Ecuador's shrimp sector, including zero tariffs for its exports