Cliff White has been the executive editor of SeafoodSource since 2016. Previously, he worked as the senior business reporter for the McClatchy-owned Centre Daily Times in State College, Pennsylvania, where he won state and national awards for his coverage of the development of the Marcellus Shale natural gas deposit and the Jerry Sandusky scandal.
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Iceland is the perfect place to grow fish in land-based facilities, with the exception of volcanos and earthquakes, according to Christo du Plessis, the CEO of land-based Arctic char-farming firm Matorka.
Beginning in October 2023, the area around Matorka’s farm in Grindavík, Iceland, experienced the first of what eventually became several hundred volcanic events and earthquakes, with a peak quake occurring 10 November 2023 that
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Several of the biggest Norwegian salmon-farming firms, which have been embroiled in price-fixing allegations since 2019, are facing a fresh lawsuit filed on behalf of consumers in the United Kingdom.
The collective action filed with the U.K. Competition Appeal Tribunal on 20 June demands GBP 382 million (USD 483.2 million, EUR 451.8 million) from Mowi, SalMar, Lerøy, Scottish Sea Farms, and Grieg for alleged collusion and unlawful
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OBI Seafoods and its CEO, John Hanrahan, have filed documents backing a request from Peter Pan Seafoods Co-Owner Rodger May to amend the receivership it entered by court order in April 2024.
Peter Pan entered receivership on 25 April by Wells Fargo, its largest creditor. May, who is also Peter Pan’s president and chief growth officer, has been fighting with the Stapleton Group, a financial consultancy firm appointed as controller
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Worldwide Fishing Company (WOFCO) has acquired Domaio, Pontevedra, Spain-based seafood firm Fandicosta out of bankruptcy.
The transaction, rumored since 2023, was finalized 17 June, according to Faro de Vigo. It will make WOFCO, which amassed EUR 412 million (USD 441 million) in sales in 2023, the third-largest seafood company in Spain behind Nueva Pescanova and Grupo Profand. Fandiscosta had EUR 136 million (USD 145.6 million) in sales in
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Having attracted significant new funding, Enifer and Kuehnle AgroSystems are aiming to play larger roles in the aquafeed alternatives sector.
Espoo, Finland-based Enifer, a biotech firm concentrating on producing its PEKILO fungi-based protein product for aquafeed and other uses, recently received EUR 36 million (USD 33.5 million) in investments, including a EUR 15 million (USD 14 million) Series B equity funding round with participation from
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