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US fish farmer wins biggest-ever concession off Brazil

US fish farmer wins biggest-ever concession off Brazil

United States-based fish farmer Forever Oceans has signed a deal with Brazil for the largest offshore concession ever given for sustainable marine aquaculture, totalling 64,200 hectares.

Shareholders back JBS takeover of Aussie salmon farmer Huon

Shareholders back JBS takeover of Aussie salmon farmer Huon

Shareholders in Huon Aquaculture have overwhelmingly approved a A$425 million (£233m) takeover of the Tasmanian salmon farmer by Brazilian meat processing giant JBS. A total of 99.8% approved the A$3.85-per-share offer in a vote earlier today.

Brazilian meat giant JBA to buy Huon Aquaculture

Brazilian meat giant JBA to buy Huon Aquaculture

Cash-strapped Tasmanian salmon producer Huon Aquaculture is to be sold to the Australian subsidiary of Brazilian meat giant JBS SA in a deal that values the fish farmer at A$425 million (£226m).

Brazilian meat giant linked to Huon takeover

Brazilian meat giant linked to Huon takeover

Cash-strapped Tasmanian salmon farmer Huon Aquaculture might be bought by Brazilian meat processor JBS, according to Australian media reports.

AquaBounty gets go-ahead to sell GE salmon in Brazil

AquaBounty gets go-ahead to sell GE salmon in Brazil

Transgenic-salmon farmer AquaBounty has won approval to sell its fish in Brazil, something the company took it closer to realising an exciting new market in South America.

Salmon sector leads the way in fight against deforestation

Salmon sector leads the way in fight against deforestation

The European salmon sector has set a world-leading example by ensuring that all the Brazilian soy it uses in feed is grown on land that hasn’t been deforested for crops or cattle grazing.

Chilean export volumes up but earnings down in 2020

Chilean export volumes up but earnings down in 2020

Chile exported 7% more salmon and trout in 2020 than the year before but overall export revenue fell by 14% as prices in key markets plummeted because of the impacts of Covid-19.

Work starts on Latin America’s first tilapia breeding centre in Brazil

Work starts on Latin America’s first tilapia breeding centre in Brazil

GenoMar Genetics Group, which distributes tilapia genetic products, has announced the building of a new tilapia breeding and genetics centre in the state of Tocantins, Brazil.

Tilapia genetics giant buys Brazilian rival

Tilapia genetics giant buys Brazilian rival

GenoMar Genetics, the world’s leading tilapia breeding company, has bought the genetics and distribution assets of Brazilian tilapia breeding and distribution company AquaAmerica / AquaPorto.

Biorigin earns environmental management rating

Biorigin earns environmental management rating

Biorigin, the Brazilian company that produces fish nutrition, health and welfare products from yeast derivatives, has achieved International Standards Organisation (ISO) environmental certification for its three Brazilian production units.

Chile could follow Faroese example

Chile could follow Faroese example

Hamish Rodger, Global MD of the Fish Vet Group, believes that the Chilean industry needs to emulate the example of the Faroe Islands and use the current biological crisis to radically transform industry practices.

Positive price trend continues

Positive price trend continues

Chilean Trim-D salmon fillets were traded at an average price of $5.37 per pound in Miami during week 15 - a slight increase compared to the previous week and the 11th week in a row with a price over $4 per pound.