Editor’s pick: Long-deceased locals postpone salmon farming project, shrimp enter golden era and China’s jaw-dropping aquaculture plans


Hello Friends – Happy Chinese New Year!

To start my roundup, here’s an unusual one: the plans for one of Europe’s largest land-based salmon farms have been disrupted by the locals, or rather the ghost of the locals who lived in the area at the time. prehistoric times. The project could be delayed for up to a year.

This was just one of many news stories that made headlines in the land sector.

Interestingly, Norway’s first land salmon farmer wants to switch to yellowtail. Here’s why.

Russia’s first commercial-scale land-based salmon farm is about to begin operations, which has our readers scrambling to find out more.

Land-based salmon leader Atlantic Sapphire has announced a deal with animal feed giant Skretting for algal oil-enriched feeds, bolstering its circular economy momentum.

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Grabbing the seafood you need is a growing problem. Photo: Norcod

Struggle for supplies

This is boom time for the global shrimp farming industry. We asked a Rabobank analyst to explain why.

Cod season is underway in Norway, but it’s unlike any in the recent past, and prices are skyrocketing.

Almost everyone in the seafood world is familiar with Alaska’s prized Copper River salmon. The problem? The fish are fewer and smaller. This season looks a little better, but not by much.

Money, money, money

Investors are turning to seafood of all shapes and sizes. This one wants companies that “do things a little differently.” Here’s what they mean by that.

Seafood giant Cooke has finally gotten rid of a processing vessel anchored in remote Alaska. The world’s largest seafood company, along with some Alaska-based groups, spearheaded this complex deal.

Meanwhile, American Seafoods – which has now been on sale for three years – decided it needed to branch out. We have some thoughts on who might be in their sights.


Although the boat is real, it is unknown how its plans come to fruition. Photo: Qingdao Conson Development Group

Think really, really different

Thai Union is one of the largest seafood companies in the world, with its roots in shrimp and tuna. The focus on alternative proteins is therefore interesting and shows that they know more than they let on.

It was a real headache. Chinese government groups announced that a $5 billion aquaculture “fleet” was officially launched when a 100,000 metric ton floating farm hit the water. Like many numbers out of China, it doesn’t quite add up, but it’s a shot above the industry arc nonetheless.


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Have a good week ahead.

Drew Cherry, Editor


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