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Aquaculture technology provider, AKVA group said its 2021 third quarter revenues were pulled down by as much as 8 per cent compared to the same period last year, and net profits dived by 22 per cent dues to the negative impact of a major cyber attack and the COVID-19 pandemic.
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Nordic Halibut (NOHAL), a Norwegian producer of sushi-grade halibut, reported that it has entered into a Term Sheet for a NOK 100 million (US$11.6 million) overdraft facility agreement with a Norwegian bank. The money will allow Nordic Halibut to pay its previous long term debt and overdraft facility, and enable the company pursue its production goals as well as expansion plans which include the construction of a new land-based facility.
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AquaBounty is gearing up to build a 10,000-ton salmon farm in Pioneer, Ohio that will likely have a price tag that is in excess of US $320 million. AquaBounty intends to begin construction by the end of 2021. The company wants to be able to start commercial stocking by 2023.
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Following its recent stock market debut, Thai Union Feedmill PCL, has expressed confidence in its plans to expand its reach into the overseas aquaculture feed market. The Asian fish and animal feed manufacturer has been making aquaculture, frog, and livestock feed for more than 20 years.
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Several Canadian aquaculture organization extended their welcome to newly named Fisheries and Oceans minister, Member of Parliament Joyce Murray. Murray who is the MP for Vancouver Quadra, was among the new cabinet ministers named by Prime Minister Justin Trudeau in a sweeping cabinet shuffle Tuesday morning.
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AquaMaof has just signed a contract to build a recirculating aquaculture system (RAS) facility for Swedish land-based salmon producer Smøgenlax Aquaculture. The facility will be built in the circular economy industrial park in Kungshamn/Smögen, in the Municipality of Sotenä, located in the western coast of Sweden.
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