Eggert Þór Kristófersson, new CEO of Landeldi hf.

He replaces Halldór Ólafur Halldórsson Landeldi hf. has appointed Eggert Þór Kristófersson as its new CEO. He assumed the position, previously held by Halldór Ólafur Halldórsson, chairman of Landeldi's board, on the 17th of August. Born in 1970, Eggert Þór worked from 1995 to 2008 at Íslandsbanki and Glitnir Bank. He served as the managing…

ByRocio Álvarez Jiménez6 hours ago0Comments

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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…

ByRocio Álvarez Jiménez3 days ago0Comments

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AquaBounty announces an 11% increase in second quarter revenues

The net loss totaled $5.5 million AquaBounty Technologies, Inc. has today announced its financial results for the second quarter ended June 30, 2022. In the words of Sylvia Wulf, Chief Executive Officer of AquaBounty, "a robust demand, combined with improvements in sales yields and higher market prices, drove an 11% sequential increase in second-quarter revenues…

ByRocio Álvarez JiménezAugust 9, 20220Comments

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The Sustainable Aquaculture Innovation Centre appoints Jillian Couto-Phoenix and Janina Costa

New appointments and promotions The Sustainable Aquaculture Innovation Centre (SAIC) has appointed Jillian Couto-Phoenix as its new head of skills and talent, and Janina Costa to the role of aquaculture innovation officer. Firstly, Jillian comes from the National Manufacturing Institute Scotland (NMIS). There, she was a program manager for the National Transition Training Fund (NTTF)…

ByRocio Álvarez JiménezAugust 8, 20220Comments

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Atlantic Canada fish farmers thank Atlantic Premiers for support

In a public letter The Atlantic Canada Fish Farmers Association has thanked the Council of Atlantic Premiers for its support. This includes aquaculture-related associations in Newfoundland, Nova Scotia, and Prince Edward Island. The letter points out: "Thank you, Premiers, for pointing out that while the federal government has responsibility in managing Canada’s fisheries, Atlantic Canada’s…

ByRocio Álvarez JiménezAugust 3, 20220Comments

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Clean Seas Seafood reports full year revenue up 37% and positive operating cash flow

As yellowtail kingfish demand increased Clean Seas Seafood has published its last quarterly activities report which shows a full-year revenue up 37% and positive operating cash flow. In more detail, Q4 FY22 sales revenue has been $17.4 million. So, it represents an average sales price of $19.68 per kg, up 53% compared to Q4 FY21.…

ByRocio Álvarez JiménezAugust 1, 20220Comments

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British Columbia announces next step in transitioning from open-net pen aquaculture

BC Salmon Farmers welcomes the proposal Fisheries and Oceans Canada is taking the next step to transition from open-net pen aquaculture in British Columbia coastal waters. Consequently, to advance innovation and support the ecological sustainability of the aquaculture sector in the zone. To clarify, Joyce Murray, the Minister of Fisheries, Oceans, and the Canadian Coast Guard…

ByRocio Álvarez JiménezAugust 1, 20220Comments

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The Pelham Small Cap Fund buys up to 11% ownership in Atlantic Sapphire

A total shareholding of 14,035,908 shares The Pelham Long/Short Small Cap Master Fund Ltd has been allocated 7,207,317 shares in Atlantic Sapphire ASA private placement. The price per share is NOK 20.50. This means a total shareholding of 14,035,908 shares which represents 10.02%. The new shares in the private placement (including the second tranche approved…

ByRocio Álvarez JiménezJuly 26, 20220Comments

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Bluegrove CEO and co-founder resigns after 8 years in the company

He made relationships with several F500 strategics on aquaculture technology Bendik S. Søvegjarto has resigned as Chief Executive Officer of Bluegrove to pursue opportunities outside of the organization. He co-founded the company in 2014 and became CEO in 2017. As explained in a statement, he developed a commercial business that centered on feeding solutions to improve efficiency…

ByRocio Álvarez JiménezJuly 26, 20220Comments

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Profand reaches EUR 800 million billing for first time

More than 20 percent higher than the previous year (2010) Profand Fishing Holding reached 800 million turnovers for the first time in 2021. This data represents a growth of more than 20% compared to the previous year. Also, the Spanish company achieved a total operating EBITDA of 74 million. Through the Progress Report 2021, CEO…

ByRocio Álvarez JiménezJuly 21, 20220Comments

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