Despite record revenues, high inflation rates and one-time cost provisions negatively affected AKVA Group's profitability in Q2 2022. The 9% increase in revenues versus the same period last year, totaling NOK 907 million (€92.54 million) was not enough to offset the sharp rise in costs and, as anticipated in early August, it has finally been…
After Roger Hofseth steps down
Roger Hofseth is stepping down from his position as CEO of Hofseth BioCare ASA (HBC). In turn, Jon Olav Odegard replaces him, who is currently the company's chief financial officer. However, Roger will be a director of the Board and still CEO of Hofseth International.
Jon Olav Odegard - LinkedIn profile
Shiok Meats Pte. Ltd. (Shiok Meats) and Minh Phu Seafood Joint Stock Company (Minh Phu Seafood) have signed an MOU to cooperatively carry out research and development (R&D) in the production of sustainable seafood. This includes an R&D facility in Vietnam.
Both companies confirmed its intention to pave the way for conventional seafood companies to…
The company has focused on investing in new ships, technology and equipment for sea and land
During the presentation of the 2021 results of Samherj hf., CEO Þorstein Más Baldvinsson stated that the company is planning to invest up to 60 billion ISK (€430 million) in fish farming projects in the coming years.
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…
Future technology supplier of Salmones Antártica
OTAQ will be the technology supplier to Salmones Antártica S.A. (“SASA”) for integrated water quality measurement equipment to several cultivation sites, over a full farming cycle.
The water quality monitoring product (WQM) launched by OTAQ monitors a site’s oxygen, temperature, and salinity levels to provide aquaculture farmers with immediate…
Demerger plans were presented on the 2nd of June
The Board of Directors of Mowi ASA has finally sold the Egg and the Donut development projects.
Firstly, the Egg project comprises inter alia grants for 6 development licenses. Also, an agreement on the right to use the technology to be tested in the project.
Focus on developing countries and small island states
Norway has developed a tool for satellite tracking and inter-agency cooperation to uncover illegal fishing. The main challenge is developing countries and particularly small island states where they present lack tools to monitor their waters.
The Norwegian government has confirmed these data satellites can make a…
He will be located in Abu Dhabi, United Arab Emirates
Bruno Sardenberg has announced in his LinkedIn profile that he will be the next Director of Production of Ocean Harvest in Abu Dhabi, United Arab Emirates. He will be leading Ocean Harvest Phase 1 project development and joining the leadership team in shaping the future of the…
They say you have to open about 10,000 oysters to find a natural pearl. It's almost a fluke, but, if you want pearls, you can also grow them. Tony Chen, CEO and co-founder at Manolin, had a little of everything. He had always loved water and fish but never imagined his 'pearl' would be aquaculture…