Chris Chase

Land-based turbot and sole producer Stolt Sea Farm saw another quarter of increased revenue and profit in Q2 2026 and inaugurated a hatchery that completed construction. An earnings release by its parent company Stolt-Nielsen Limited indicated Stolt Sea Farm saw revenues of USD 35.2 million (EUR 30.8 million) in Q2 2026, up from the USD 29.7 million (EUR 26 million) it posted in the same period of 2025. Gross profit excluding fair value adjustment also increased to USD 13.2 million (EUR 11.5…

Global shipping rates continue to be high as the ongoing conflict between the U.S. and Iran drives up costs, and the latest attacks by Iran on vessels in the Strait of Hormuz could cause more issues.

Hatch Blue has officially launched its Atlantic Canada Aquaculture Studio to support 10 early-stage aquaculture, aquatech, and marine biotechnology companies. Hatch Blue partnered with Oceans Advance in March to create the studio, and set the official launch for July 2026. The studio is the second of its kind launched by Hatch Blue in 2026, which announced a similar venue in Maine. The new studio will feature a nine-month program designed to help transform the 10 early-stage companies into…

The U.S. National Science Foundation (NSF) has awarded USD 15 million (EUR 13 million) to a program designed to bolster the maritime economy in New England. The NSF's “Seafood Engine” is one of many of the foundation's “Regional Innovation Engine” awards, which grants funding to teams that will build and scale innovation clusters to develop technology and prepare people for emerging jobs. This year, the NSF granted funding to 12 different innovation engines, and the NSF Seafood Engine in New…

Insula Seafood has sold its stake in First Seafood to the company’s management.

UK is rolling out another I-VMS device to fishermen after yet another device failure

The administration of U.S. President Donald Trump has announced new tariffs on Brazil, with several exceptions for certain seafood items.

Aker BioMarine and Aker have announced a proposed merger between the two companies after attempts to sell it fell flat. Aker BioMarine announced on 12 February that the company appointed financial advisors Jefferies and Houlihan Lokey to support exploring alternatives for its Human Health Ingredient business. Following that announcement, the company and its advisors conducted pre-marketing efforts and began exploring options. In its latest announcement, Aker BioMarine said that despite…

Three separate Norwegian salmon-farming companies – Sjybol, Kobbvåglaks, and Selsøyvik Havbruk – have agreed to acquire portions of Arctic Seafood Group.

India Trade Minister Piyush Goyal responded to reports the country is holding back, calling them "baseless and misleading."