OTHER MEDIA | SeafoodSource: Biotech company Regenics raises NOK 20.4 million to initiate trials of marine-ingredient wound dressings
NORWAY
Wednesday, August 14, 2024
Oslo, Norway-based Regenics – a biotechnology company – has successfully raised NOK 20.4 million (USD 1.9 million, EUR 1.7 million) in the first tranche of a non-brokered private placement seeking to raise NOK 54 million (USD 5 million, EUR 4.5 million).
Recently formed Icelandic holding company Nordic Blue – which focuses on investments in the blue economy – participated in the funding round. The funding will be used to initiate trials of Regenics’ “Collex” product, which is an advanced wound dressing.
Author: Chris Chase / SeafoodSource | Read the full articlehere
The national aquaculture industry marks a milestone in gender equity with the emergence of Women in Chilean Aquaculture (WICA).
On January 13, the network held its first in-person meeting in Puerto Varas, gathering leaders and professionals from across the production chain.
Led by Francisca Araya and Karina Gajardo from the company Aquabyte, the initiative is inspired by successful models in Norway and Canada. Its objective is clear: to strengthen female leadership and close gender gaps in an industry that has historically been male-dominated.
During the event, a diagnostic survey was conducted to address critical challenges such as professional stagnation and perceptions of discrimination. In immediate response, an online communication and leadership workshop will be held in March in partnership with the consultancy Empoderadas.
The network's major consolidation milestone will be its official launch at AquaSur 2026, the most important aquaculture exhibition in the Southern Hemisphere. On this stage, WICA will present its strategic action lines to foster technical collaboration and increase the visibility of women in senior management positions, transforming the future of aquaculture in Chile.
Rabat has signed and activated a four-year fishing agreement with Moscow—focused on small pelagic species like sardines—while the Moroccan government announces the suspension of frozen sardine exports starting February 1, 2026, to ensure domestic supply and contain prices. The Moroccan press thus portrays a two-pronged approach: attracting partners at sea while simultaneously "reserving" raw materials on land.
The sequence begins in October 2025, when Morocco and Russia signed a new four-year fisheries cooperation agreement in Moscow, intended to replace the previous agreement that expired on December 31, 2024.
Lerøy to establish processing and distribution operations in new Bergen logistics facility
Lerøy Seafood is set to establish processing and distribution operations in a new purpose-built logistics facility in Bergen, following the award of a construction contract to Norwegian contractor Backe.
Backe has been awarded the turnkey contract by property owner West Coast Invest Eiendom AS to construct the facility, which will be leased by Lerøy Seafood. Lerøy Seafood Group ASA is one of Norway’s largest seafood companies, with its headquarters in Bergen and operations along the entire Norwegian coast.
Source: SalmonBusiness | Read the full article here
The Norwegian salmon giant SalMar has taken total control of the former family aquaculture business Øylaks MTB AS, it was disclosed last night.
In an Oslo Stock Exchange announcement, SalMar said it was acquiring the remaining shares in the business. It acquired a majority share in the business three years ago, but now owns 100% of the shares.
Based in the Molde municipality in western Norway, Øylaks MTB had been owned by two bothers, Ingmar Misund and Runar Misund, before SalMar stepped in in 2022.The agreed purchase price for the remaining 49% of the company will be settled by issuing 209,402 new shares in SalMar at a subscription price of NOK 655.20 per share, a total of NOK 137.2 million (around £10m).
Author: Vince McDonagh / Fish Farmer | Read the full article here
On January 6, the research vessel Abate Molina set sail from the Port of Valparaíso. For 28 days, IFOP professionals and technicians will be dedicated to characterizing and evaluating the stock of anchovy and common sardine resources present between the Valparaíso and Los Lagos Regions, using hydroacoustic methods, during the peak recruitment period and in the following autumn.
The ship's captain is José Echeverría (left), and the cruise leader is fisheries engineer René Vargas (right).
Specific Objectives:
To estimate the stock size of anchovy and common sardine resources and their spatial distribution during the peak recruitment period in the study area.
To characterize and analyze, within a spatiotemporal context, the demographic composition and its interannual variation of the evaluated stocks using biological indicators.
Characterize and analyze the bio-oceanographic conditions present in the study area and their relationship to the spatial distribution of resources.
Characterize the aggregations of anchovy and common sardine resources in the study area.
Implement the Continuous Improvement Plan for hydroacoustic assessment studies of pelagic resources: anchovy, common sardine, southern sardine, and jack mackerel, as appropriate, according to the priorities identified in the plan's development and the available budget.
The parties have agreed to replace the existing joint venture agreement with a technical advisory agreement, upon which Salmon Evolution will provide technical advisory services on market terms. This positions Dongwon Industries to advance the project on its own terms, with full responsibility for project financing.
Key highlights of the updated partnership model:
Salmon Evolution will provide technical advisory services on market terms, including provisions for potentially significant royalty payments linked to certain operational milestones.
Salmon Evolution have no further investment commitments under the new agreement.
Salmon Evolution remains a minority shareholder and key contributor in the project, although its current 49% ownership is expected to be diluted over time.
Salmon Evolution retains a five-year at market terms.
This updated structure reflects Salmon Evolution’s strategic priorities in the near to medium term, hereunder continued focus on operational excellence and phase 2 project execution at Indre Harøy, while at the same time leveraging the significant human capital built up in recent years.
The meeting held on January 12 at the Interconfederal Mediation and Arbitration Service (SIMA) in Madrid, aimed at unblocking the collective bargaining agreement for the fish canning sector, which governs the labor relations of some 30,000 workers and 400 companies in Spain, has failed. In a joint statement, the unions CC.OO., CIG, and UGT explained that the mediation attempt "ended without an agreement due to the employers' blockade."
The meeting was held precisely because the Spanish Federation of Associations of Processing Industries and Marketers of Fishery and Aquaculture Products (Feicopesca) filed a complaint against these three unions with SIMA for blocking the agreement.
Source: La Voz de Galicia | Read the full article here
After fifty years supporting the fishing fleet, Eurored Group has built a legacy based on tradition, dedication, and commitment to those who work at sea. Its in-depth understanding of the operational needs of the fishing industry has allowed it to become a leader in the manufacture of fishing gear and the comprehensive supply of high-performance equipment.
The heart of this specialization is its technical department, where an experienced team designs gear optimized for each vessel, working with captains and shipowners to develop efficient configurations tailored to the demands of onboard operations.
Source: Fishing Industries | Read the full article here
Despite delays that forced Russia to heavily postpone the deadline of its investment quota program, the country said new processing facilities and vessels stemming from the program are benefiting the industry.
Russia’s investment quota programs got their start in the country’s crab industry in 2018, which saw the government auction off 50 percent of available quotas via auctions that came with additional investment requirements for companies. Those requirements included the construction of new fishing vessels in Russian shipyards or new seafood-processing facilities, with the goal of modernizing the country’s seafood infrastructure.
Author: Chris Chase / SeafoodSource | Read the full article here
PML leads satellite project with NZ partner. As South Australia confronts one of its most damaging harmful algal blooms (HABS) on record, a new UK–New Zealand research project led by Plymouth Marine Laboratory (PML) will boost monitoring of phytoplankton that produce toxins, early-warning systems and coastal resilience across the Southern Hemisphere.
In Australia, an unprecedented harmful algal bloom, described like an “underwater bush fire”, has swept through coastal waters, leaving devastation in its wake.
EU Tightens Safety Standards for Frozen Tuna Imports Starting 2026 European Union
The European Union is moving to eliminate "trade fraud" and bolster food safety in the seafood sector by implementing stricter freezing requirements for tuna.
Under the newly issued Delegated Reg...
NORWAY 12_09_58.png)
Oslo, Norway-based Regenics – a biotechnology company – has successfully raised NOK 20.4 million (USD 1.9 million, EUR 1.7 million) in the first tranche of a non-brokered private placement seeking to raise NOK 54 million (USD 5 million, EUR 4.5 million).
CHILE.png)
MOROCCO
Rabat has signed and activated a four-year fishing agreement with Moscow—focused on small pelagic species like sardines—while the Moroccan government announces the suspension of frozen sardine exports starting February 1, 2026, to ensure domestic supply and contain prices. The Moroccan press thus portrays a two-pronged approach: attracting partners at sea while simultaneously "reserving" raw materials on land..png)
Lerøy Seafood 
In an Oslo Stock Exchange announcement, SalMar said it was acquiring the remaining shares in the business. It acquired a majority share in the business three years ago, but now owns 100% of the shares.
SOUTH KOREA.png)
The parties have agreed to replace the existing joint venture agreement with a technical advisory agreement, upon which Salmon Evolution will provide technical advisory services on market terms. This positions Dongwon Industries to advance the project on its own terms, with full responsibility for project financing.
SPAIN
The meeting held on January 12 at the Interconfederal Mediation and Arbitration Service (SIMA) in Madrid, aimed at unblocking the collective bargaining agreement for the fish canning sector, which governs the labor relations of some 30,000 workers and 400 companies in Spain, has failed. In a joint statement, the unions CC.OO., CIG, and UGT explained that the mediation attempt "ended without an agreement due to the employers' blockade."
After fifty years supporting the fishing fleet, 
RUSSIAN FEDERATION
Despite delays that forced Russia to heavily postpone the deadline of its investment quota program, the country said new processing facilities and vessels stemming from the program are benefiting the industry.
AUSTRALIA
