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BioMar partners Síldarvinnslan and becomes only global feed company in the Icelandic market

To build a net-zero aquafeed facility BioMar Group has announced a partnership with Síldarvinnslan to build a net-zero aquafeed facility in Iceland. Therefore, it will become the only global feed company in the Icelandic market. Regarding this announcement, Carlos Diaz, CEO of BioMar Group, said: "As part of our strategy, above and beyond, we…

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One of Nova Austral's sites. Photo: Nova Austral.

Nova Austral points to its delicate economic situation in its appeal against the SMA’s sanction

Chile's Third Environmental Court has admitted Nova Austral's claim against the sanction and fine imposed last month by Chile's Environmental Superintendency (SMA for its acronym in Spanish). Among other arguments, the salmon company has appealed to its delicate economic situation and has hinted that, if the sanction is enforced, the company's operational continuity would be…

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Chilean government agrees with Cooke for its exit from the National Park

Two aquaculture concessions located in Laguna San Rafael National Park The Undersecretariat for Fisheries and Aquaculture (SUBPESCA) has approved the request for the merger and relocation of two aquaculture concessions located in the Laguna San Rafael National Park that belong to Cooke Aquaculture Chile. The company presented this request in 2010, through a technical aquaculture…

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US Chefs, environmental NGOs and business leaders join forces to promote sustainable aquaculture

Through the Coalition for Sustainable Aquaculture (CSA) The Coalition for Sustainable Aquaculture (CSA), formed by a group of top chefs, NGOs and business leaders, is born to promote the sustainable and equitable growth of offshore aquaculture in the US. Firstly, the CSA will create a strong regulatory framework to ensure offshore aquaculture is safe, sustainable,…

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Nova Austral: “Sanctions are unjustified and disproportionate”

It will exercise all the resources the law contemplates to reverse this measure Nova Austral considers that the sanctions imposed by SMA are "unjustified and disproportionate given the background information in the process, including the defenses presented by the company". Consequently, the company has confirmed it will exercise all the resources the law contemplates to…

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Norway celebrates agreement to curb unsustainable fisheries subsidies

At 12th WTO Ministerial Conference Norway celebrates the agreement reached to curb unsustainable fisheries subsidies at the 12th Ministerial Conference of the World Trade Organization (WTO). It concluded today in Geneva. Norway's government has informed that areas such as trade and health experienced relevant progress. Also, on how to chart a path forward for future…

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Nueva Pescanova Group launches its first issue of Sustainability-Linked Promissory Notes in the MARF

The program can reach a maximum of 75M euros Nueva Pescanova Group has launched its first issue of Sustainability-Linked Promissory Notes in the Alternative Fixed Income Market (MARF) of up to 75 million euros. Thereby, it shows its commitment to guaranteeing the social and environmental sustainability of all its activities, including financial ones. Previously, in 2021…

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