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News
Tariffs: Chile senators turn scrutiny on NGO funding after salmon labour claims
1+ hour, 41+ min ago (255+ words) The committee discussed the issue at an August 5 hearing on the impact of the tariff on salmon producers and workers. Chile's official Senate news service said worker representatives criticised two NGOs that had submitted reports alleging indicators of forced labour…...
Unity Marine: steps up Falklands salmon push with Canadian advisers
3+ hour, 53+ min ago (272+ words) Veterinary fish pathologist Gary Marty and aquaculture consultant Bernie Taekema addressed a public meeting organised as part of the consultation on potential large-scale fish farming, according to local newspaper Penguin News. Fortuna general manager Darren Christie, speaking for Unity Marine,…...
Pelican Aqua: Chinese wellboat prices rise as yard capacity tightens
4+ hour, 17+ min ago (169+ words) The bank values the vessels at about $79 million apiece, midway between Pelican’s contract price and European yard prices of roughly $100 million. It maintained a Buy rating on Pelican Aqua with a NOK 21.40 ($2.25) price target. Capacity at leading Chinese yards including…...
Breaking: New Zealand approves salmon farm capable of almost doubling national production
4+ hour, 4+ min ago (349+ words) Ngāi Tahu Seafood Resources received fast-track approval on Monday for the Hananui Aquaculture Project, comprising four marine farms across a 1,285-hectare area about 13 kilometres from Oban. At full production, Hananui is expected to produce 14,400 tonnes of king salmon a year,…...
AquaChile: Q2 operating profit rises to $94 million despite lower sales
3+ day, 4+ hour ago (150+ words) The Chilean salmon producer, a subsidiary of Empresas Agrosuper, recorded second-quarter sales of $422 million, down 3% from $437 million in the same period last year. EBITDA margin before fair value adjustments increased to 25.6%, from 17.2% a year earlier. Operating profit before fair value…...
Shetland: aquaculture testing laboratory closes after 40 years
3+ day, 3+ hour ago (133+ words) Seven jobs are expected to be lost as a result of the closure, which was announced in June. The company said a sustained decline in revenue, rising costs and limited access to funding had made the business unsustainable. It also…...
Salmon farm or server farm? AquaBounty weighs AI pivot
3+ day, 3+ hour ago (287+ words) The US company said it has expanded a strategic review of its Pioneer, Ohio site beyond aquaculture to include power generation, energy-intensive industries and digital infrastructure. Discussions with potential buyers from the aquaculture sector are continuing. The property has access…...
Mowi: secures approval for new Isle of Lewis salmon farm
3+ day, 4+ hour ago (177+ words) The Tabhaigh East site has been approved by Comhairle nan Eilean Siar, with a parallel environmental permit granted by the Scottish Environment Protection Agency. The farm will comprise eight pens with a circumference of 160 metres, arranged in a two-by-four configuration,…...
Tariffs: seafood import duties surged to $2.25 billion in 2025
3+ day, 4+ hour ago (307+ words) The US government has sent approximately $100 billion in tariff refunds across the wider economy to the Treasury for disbursement after the court struck down President Donald Trump's emergency tariffs imposed under the International Emergency Economic Powers Act, or IEEPA. US…...
Trout: Poland takes nearly three times more Norwegian fish
3+ day, 4+ hour ago (110+ words) salmonbusiness.com - Trout: Poland takes nearly three times more Norwegian fish Norway exported 8,432 tonnes of trout worth NOK 692 million (€62.3 million) in July, with export value unchanged from the same month last year despite a 10% decline in volume. Poland was the…...