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Editor's Note 
 
More investment news in this week's newsletter. After approval from a local municipality, Eastern Canada is set to see its largest land-based aquaculture facility.
- Seyitan Moritiwon, Associate editor
 
This Week 
 
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ADQ and Finnforel to develop land-based trout farm in UAE

ADQ, an Abu Dhabi-based investment and holding company has signed an agreement with Finnforel, a Finnish aquaculture technology company to explore the feasibility of cultivating rainbow trout in a land-based facility.


Amar Seafood to build Eastern Canada’s largest land-based aquaculture facility

A Norway-based seafood company, Amar Seafood, has received approval to build a land-based aquaculture facility in Prince Edward Island, Canada.


Nordic Aqua reports Q3 loss amid geosmin challenges, eyes future growth

Nordic Aqua has said it experienced negative results in its third quarter. The company’s operations during the third quarter were impacted by previous cases of elevated geosmin levels.


 
Featured Stories 
 
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Icelandic community and collaboration with Chris Malanka and Óskar Jósúason from Laxey

Laxey's freshwater manager, Chris Malanka, manages four RAS facilities, focusing on fish health, production planning, and water quality. This RAS project in Iceland's Westman Islands aims to produce four million smolts annually, with a gradual startup plan. » Read more
 
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Power Struggle: Happiness as a compensated energy

After years of studying, working hard, prioritizing my profession, along with my family and friends, but giving up fun plans, parties, and other joyful moments, I am seeing the light at the end of the tunnel as they say. I am harvesting the fruits of my effort. It was 25 years ago when the film, Armaggedon, was released. I watched that movie nine times at the theatres (my mom knows it well). I was crazy about it. » Read More...
 
 
Regulations 
 

British Columbia’s death sentence

The Canadian government is looking to land-based aquaculture to replace net pen salmon farming in British Columbia’s coastal waters. But, few in the industry are optimistic about this move. » Read More...

Nordic Aquafarms gets conditional water discharge clearance for California facility

The California Coastal Commission has unanimously approved with special conditions, a permit sought by Nordic Aquafarms for discharging wastewater from its planned land-based fish farm in Humboldt Bay. » Read More...

 
MORE HEADLINES 
 
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Events 
 

Milford Aquaculture Seminar 

Jan. 13, 2025
Shelton, Connecticut
» Read More...