With Pelagia as the majority shareholder, Blue Ocean Technology will provide the necessary expertise and capital for further growth.
The company is an aquaculture technology and fintech platform that leverages data analytics to deliver e-commerce, farm automation and market linkage solutions for aquaculture farmers.
Between 2011 and 2019, Cermaq, Grieg Seafood, Bremnes, Lerøy, Mowi and SalMar may have exchanged commercially sensitive information.
It is suggested that Punjab, Haryana, Rajasthan and Uttar Pradesh tap the potential resources of saline lands not suitable for agricultural purposes to promote aquaculture.
Despite the slowdown faced by major tilapia producers worldwide, overall tilapia supply remains stable and the market outlook is positive, the FAO reported.
The export value of Norwegian seafood reached an all-time high in 2023 due to price growth and weak krone, with seafood worth NOK 172 billion being exported from Norway.
International shrimp prices reached values even lower than those recorded during the COVID-19 pandemic.
The German Federal Ministry for Economic Cooperation and Development committed EUR 15 million ahead of Aqua-Spark Africa’s first close in early 2024.
Closing the year on a high note, eFishery’s entry into the Indian market includes an expansive reach with over 1,000 acres of ponds and more than 3,000 metric tons of feed distributed.
The farm includes a hatchery, post-larval production unit, nursery unit and 126 grow-out ponds with a production capacity of 3,700 tons.
The Norwegian government will start working on a new proposal that will review the entire permit system for aquaculture.
Algal blooms due to the presence of the microalgae Thalassiosira pseudonana have been reported at levels considered harmful to fish in Los Lagos region.
Around 50% of Ecuadorean shrimp-producing sites are located in flood-prone areas.
This project will be the first instance of AquaBounty executing its strategy to enter additional salmon markets through local partnerships.
Salmon farming operations in Tasmania's Macquarie Harbour could be temporarily halted, amid a push to protect the endangered Maugean skate.
Project financing from Equilibrium coupled with equity infusion led by Butterfly and a leading U.S. public pension fund will turbocharge Pacifico’s striped bass production.
Lucky Fish is one of Europe’s largest vertically integrated seabass and seabream production and processing companies.
The company also named Mario Palma as COO.
Its Indre Haroy flow-through facility has been awarded ASC certification less than a year after its first harvest.