Chris Chase is the Portland, Maine-based associate editor of SeafoodSource. Previously, he worked covering local issues at the Coastal Journal in Bath, Maine, where he won multiple awards from the Maine Press Association for his news coverage and food reviews. Chris is a graduate of the University of Maine, and got his start in writing by serving as a reporter and later the State Editor of The Maine Campus, an award-winning campus newspaper.
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The Kingfish Company posted increased revenue, better margins-per-kilogram sold, and increased biomass production in 2023 as Phase 2 of the company’s Kats, the Netherlands-based yellowtail recirculating aquaculture system (RAS) facility came online in the latter half of the year.
In its latest results, the company posted EUR 3.00 (USD 3.21) per kilogram sold in Q4 2023, up from EUR 1.60 (USD 1.71) per kilogram in the same period of 2022.
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Blue Ridge Aquaculture, a Martinsville, Virginia, U.S.A.-based tilapia recirculating aquaculture system (RAS) company, is lending its expertise to a company planning a large tilapia RAS of its own in Namibia.
The project, which is slated for construction in Henties Bay, Namibia, represents a significant investment in RAS aquaculture – but early media reports of the potential cost of the project have been exaggerated, Blue Ridge
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Norway’s seafood export value declined in Q1 2024, ending a three year streak of year-over-year export value records.
According to the Norwegian Seafood Council (NSC), Norway exported seafood worth NOK 40.2 billion (USD 3.7 billion, EUR 3.4 billion) in the first quarter of 2024, a decrease of NOK 1.2 billion (USD 112 million, EUR 103 million), or 3 percent, compared to the same period of 2023. That decrease in value was partially related
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Lithuania-based surimi producer Viciunai Group has found a buyer for its Russian business nearly two years after announcing it was leaving the country, Russian media outlet Kommersant has reported.
Kommersant reported that Russian authorities have approved a transaction giving 100 percent of the ownership of Viciunai-Rus LLC – the company’s Russia-based business arm – to the Ocean Group Management Company, which was
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Chicago, Illinois, U.S.A.-headquartered technology solutions provider John Bean Technologies Corporation (JBT) has executed a definitive transaction agreement to take over Garðabær, Iceland-based processing equipment manufacturer Marel in a deal valued at over EUR 3.6 billion (USD 3.9 billion).
The new agreement includes the terms of the offer for Marel, as well as governance, social, and operating items related to the new business
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