SAGA Seafood Namibia to cease operations on account of lack of fishing quotas

NAMIBIA – SAGA Seafood Namibia, the operating company for Icelandic fishing company Samherji in Namibia is set to close its operations at Walvis Bay. Last month the company announced it would cease operations at the […]

Cell-based seafood company BlueNalu secures US$20m in Series A funding round

USA – BlueNalu, a California-based food company producing seafood directly from fish cells, has closed its Series A funding round, raising US$20 million from a number of strategic investors. The Series A round was co-led […]

Government partners with local varsity to open fish hatchery

KENYA – The Uasin Gishu County Governmet in Western Kenya has opened a Sh10m (US$99, 100) fish hatchery in partnership with University of Eldoret. The Chief Officer for Fisheries, Victoria Tarus revealed that hatching had […]

Seafood producer Riverence Holdings acquires Clear Springs Foods

USA – Riverence Holdings, a producer and processor of seafood, has acquired Idoha-based Clear Springs Foods in a deal that makes Riverence the largest land-based producer of trout in the Americas. The acquisition is part […]

EU promotes sustainable fisheries for blue economy in the Lake Victoria region

EAST AFRICA – The European Union has injected £2m (US$2.2m) into the European Union Development Fund’s E€OFISH programme initiated in the Lake Victoria region to boost sustainable fisheries for the blue economy. The overall objective […]

Seychelles and the European Union to sign new fisheries agreement

SEYCHELLES – A new sustainable fisheries partnership agreement and protocol between Seychelles and the European Union (EU) is expected to be signed during the second half of February. The sustainable fisheries partnership agreement is a […]

Somalia’s aquaculture sector receives major boost from the FAO

SOMALIA – The United Nations Food and Agricultural Organization (FAO) has handed over 12 fishing vessels with inboard diesel engines to Puntland State authorities in Somalia. “The vessels are another contribution from the Coastal Communities […]

Norwegian Seafood Council signs UN Global Compact Sustainable Ocean Principles

NORWAY – The Norwegian Seafood Council (NSC) a public company owned by the Norwegian Government has signed the Sustainable Ocean Principles of the United Nations Global Compact, strengthening its commitment to helping secure a healthy […]

Raw Seafoods partners with IBM to improve seafood safety through blockchain

USA – Massachusetts based seafoods company, Raw Seafoods Inc has partnered with leading technology solution provider, IBM to explore the use of blockchain technology in improving food safety along the seafood value chain. Starting with […]