Norway Royal Salmon (NRS) has announced its intention to file a lawsuit against its major shareholder, NTS. The independent board of directors of NRS has decided after NTS voted against the proposed share issue at the extraordinary general meeting yesterday. As a result, the share issue was not approved and therefore NRS will not be able to complete the acquisition of SalmoNor as planned. In response, the NRS board has deemed it necessary to file a lawsuit against NTS claiming damages for breach of contract.
After months of efforts of the ProChile Trade Office in New Delhi and Aquachile, it has announced that the salmon export is reopening.
Kangamiut Seafood and Oceanpick join forces to bring ocean-farmed barramundi from Sri Lanka to European consumers.
Anchovy season cancellation in Peru will affect global aquaculture through the feed industry, but Cargill, Skretting, and BioMar say they are ready to minimize the impact on their customers.
The plan will strengthen Nigeria's farmed catfish value chain to make the sector more resilient and efficient in providing affordable food to Africa's most populous nation.