Other Media | Fish Farmer: GM salmon business AquaBounty cuts its losses
UNITED STATES
Friday, October 31, 2025
The US based salmon company AquaBounty Technologies has reported a near two-thirds reduction in losses during the third quarter this year – and it appears to be holding on to the possibility that its mothballed farm site in Ohio could be revived.
The company’s net loss for the three months ended 30 September was US $1.4 million (just over £1m) against US $3.4 million (£2.5m) in the same period a year ago. Included in the net loss for the current period was a non-cash asset impairment charge of $69,000 related to certain equipment ("Ohio equipment assets") originally intended for the company’s farm in Pioneer, Ohio.
The cash and cash equivalents totalled $951,000 as of September 30, 2025, as compared to $230,000 at the end of last year. Earlier this year, AquaBounty sold off by auction most of the equipment that had been intended for deployment at the Pioneer site.
Author: Vince McDonagh / Fish Farmer | Read the full article here
92% of the ingredients in salmon feed in Norway are imported, and feed for this species contributes around 80% of its carbon footprint. To reduce the climate impact of feed production and ensure that salmon is healthy and safe for consumption, the Norwegian government has set a goal of using more Norwegian raw materials in salmon feed. Although it has been legal in the country for several years, the aquaculture industry and feed producers have avoided using slaughterhouse by-products in salmon feed.
“New raw materials should be used in addition to those currently used.” This is according to NORCE researcher Vetle Kjær Risinggård, who led a study showing that Norwegians are open to the use of by-products from the Norwegian pork and chicken meat industries.
Source: iPac.acucultura | Read the full article here
Man dies in crush incident on vessel at Dusavika, police open investigation.
A man in his 30s died following a crush incident on board a vessel moored at Dusavika in Stavanger on Wednesday morning. Police said the deceased is a Norwegian citizen residing in Central Norway, and that next of kin have been notified.
Emergency services responded shortly after 10:00. At 10:43 the police operations leader confirmed the man had been declared dead at the scene.
Source: SalmonBusiness | Read the full article here
Aquaculture industry supplier ScaleAQ Software has announced that Aurora Bekkevold has joined the company as sales manager.
Bekkevold comes from Grieg Seafood, where she worked as key account manager with responsibility for strategic customers, negotiations, and sales strategy development. ScaleAQ said Bekkevold also brings valuable experience from Lerøy Seafood Group and GreenPowerHub AS, combining expertise from both the aquaculture and software sectors.
Having spentmore than a decade living in Chile’s coastal regions, Bekkevold is fluent in Chilean Spanish as well as Norwegian and English - a linguistic and cultural advantage that ScaleAQ said strengthens its international reach and customer relationships.
Source: fishfarmingexpert | Read the full article here
He calls on the government to demand greater development of the fishing fleet and distribution networks to increase per capita consumption, which is currently 24 kilos compared to the 28 kilos recommended by the Russian Ministry of Health.
Russian President Vladimir Putin yesterday called on the government to boost fish and seafood consumption in Russia, demanding greater development of the fishing fleet and distribution networks, at a government meeting dedicated to the country's fishing sector. "Currently, the level of fish and seafood consumption in the average citizen's diet is lower than the standard recommended by our Ministry of Health."
Source: La Voz de Galicia | Read the full article here
The GDP of the fishing sector grew by 6.4% in September 2025, according to the Ministry of Production (PRODUCE). The total volume of fish landings reached 141.4 thousand metric tons (MT), an impressive 70.9% increase compared to the same month in 2024.
Minister César Quispe Luján highlighted that the sector's contribution exceeded S/ 242 million. This positive boost is attributed to Direct Human Consumption (DHC), where landings surged by 72.2%.
The increase in DHC was notable across the industry:
Frozen:+152.8 %
Canned:+34.8 %
Fresh:+11.8 %
Key species driving this growth were jumbo squid (+5620.7 %), bonito (+36.7 %), and shrimp/prawns (+37.5 %).
Note: There were no landings for Indirect Human Consumption (IHC) due to the an
Union Negotiations Set Wage Hikes and Key Price of $0.86 USD per Kilo
RAWSON, CHUBUT—After months of intense negotiations, the shrimp (langostino) fishing season in Chubut waters is officially cleared to begin. The Chubut Yellow Fleet Chamber (CAFACH) and the United Maritime Workers' Union (SOMU) signed the salary agreement this Wednesday, providing certainty for the start of the harvest (zafra), according to Revista Puerto.
The agreement guarantees a 20% increase in the base salary and fixed benefits for maritime workers.
Regarding the raw product, a key price per kilogram of shimp was established:
Start of Season:$1,250 pesos per kilo, equivalent to approximately $0.86 USD/kg (for 17-kilogram crates).
Starting in January: The value will be adjusted to $1,300 pesos, or approximately $0.89 USD/kg.
A crucial detail of the deal is that 70% of the amount received by each worker will be classified as non-remunerative until March 30, 2026.
With the agreement now signed, the fishing season will launch as soon as weather conditions permit, starting with the exploratory phase (prospección) before opening the commercial fishery to the entire coastal and artisanal fleet.
Iran's farmed shrimp production is projected to hit 50,000 metric tons (mt) this year, marking a 20% increase from the 40,000 mt recorded in 2024, according to Mehrdad Mohammadi Doust, a senior official at the Iranian Fisheries Organization.
This significant growth is fueled by a major boom in the country's fishery sector, driven by rising export demand. The total shrimp farming area has expanded to over 16,000 hectares. The primary production centers are the southern provinces of Hormozgan and Bushehr and the northern province of Golestan.
A large majority of Iran's shrimp is exported, providing a vital source of hard currency as the nation works to diversify its economy away from oil. China is the largest purchaser, accounting for over 50% of exports. Other key markets include Russia, the UAE, Qatar, and Oman.
Overall, Iranian fisheries exports have reached 0.3 million mt, generating an annual revenue of $700 million.
The U.S. and South Korea have reached a trade deal that will reduce tariffs on the Asian nation from 25 percent to 15 percent, both countries announced on 29 October.
U.S. President Donald Trump initially threatened the 25 percent tariff in July, with a start date of 1 August. Since that time, all goods from the country – including seafood – have been subject to the duty.
Those tariffs are being reduced as South Korea and the U.S. have signed a memorandum of understanding (MoU) regarding technology to “enable collaboration toward joint opportunities of mutual interest in strategic science and technology disciplines.” Alongside the MoU, the U.S. announced that South Korea and Japan have signed a technology prosperity deals with the U.S.
Author: Chris Chase / SeafoodSource | Read the full article here
The Ministry of Agriculture and Rural Development (AGRICULTURA), through the National Commission of Aquaculture and Fisheries (Conapesca), has announced the extension of the fishing ban for all species of shrimp in marine waters spanning from Tamaulipas to Veracruz. The measure is now extended until November 10, 2025.
The provision, published in the Official Gazette of the Federation (DOF), aims to promote the sustainable use of aquatic resources. This regulation is essential for ordering fishing activities and ensuring the protection of marine flora and fauna.
The decision to extend the ban is based on the technical opinion issued by the Mexican Institute for Research in Sustainable Fisheries and Aquaculture (IMIPAS), ensuring the management scheme is grounded in scientific criteria for conservation of the species.
The European consortium—with the University of Vigo and Zabala Innovation among its 11 partners—is completing key designs for turbomachinery, heat recovery systems, and digital twins, and making progress in safety and sustainability for operating with green H2, ammonia, methanol, or methane. MARPOWER
The European project MARPOWER (Efficient zero-emissions gas turbine POWER system for MARitime transport) concluded its first year with tangible results that bring it closer to its goal: a new generation energy conversion system for ships, based on a zero-emission gas turbine and ready for sustainable fuels. The initiative, funded by the European Union aims to substantially reduce the climate footprint of maritime transport
Argentina Abruptly Bails on Major Chinese Seafood Fair Argentina
Official delegation suspends participation in the China Fisheries & Seafood Expo (CFSE) 2025 in Qingdao, leaving the Chinese government and companies 'stranded' amid the Milei government's geopoli...
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