Global seafood map reveals soaring demand Global seafood trade rebounded strongly in 2021, driven by growing demand for high-value seafood in the US, the EU, and China, according to a recent report by Rabobank.
Kingfish Company secures €75m loan package On-land fish farmer The Kingfish Company has secured a five-year, €75 million debt facility that will enable it to finance remaining costs of an expansion to its plant in Zeeland, Netherlands, repay debt and fund working capital.
Insect protein supplier raises €50m for expansion Insect farmer Protix, which produces protein for use in feed for fish, farm animals and pets, has raised €50 million to fund international expansion and research and development.
High seafood prices forecast throughout first half of 2022 Good demand will support high seafood prices in the first half of 2022, an aquaculture analyst at Dutch lender Rabobank said today.
Kingfish Co secures €10m bridging loan for expansion On-land fish farmer The Kingfish Company has secured a €10 million (£8.4m) bridging loan from Rabobank to fund continuing work on the expansion of its facility in Zeeland, Netherlands.
Bank predicts good year for salmon and shrimp Strong retail demand and the reopening of foodservice set the aquaculture industry up for another strong year in 2022, especially for salmon and shrimp, according to a report by Rabobank that summarises the main takeaways from the Global Seafood Alliance (GSA) GOAL Conference.
Chilean salmon farmer links loan cost to sustainability Chilean salmon farmer Salmones Camanchaca has signed a new deal linking the interest it pays on loans to measurable sustainability targets.
'Invisible patterns’ data analyst Ecto raises $7m Ecto, a company that says its analytics platform can reduce preventable losses by connecting disparate data to reveal patterns previously invisible to fish farmers, has raised $7 million (£5.13m) in financing led by Rabobank’s Food & Agri Innovation Fund and sustainable aquaculture investor Aqua-Spark.
Sustainable salmon farmers are a safe bet for bank Advances in sustainability made by salmon producers in Chile have opened the door to new finance for the country’s fish farmers, according to a bank executive involved in issuing so-called “green loans”.
Insect farmer Protix wins cash for expansion Dutch insect farmer Protix is planning to scale up production in the Netherlands and expand internationally after attracting Rabobank’s investment arm as a shareholder.
SSC signs £100m credit deal The Scottish Salmon Company Ltd has secured a £100 million five-year revolving credit facility with Coöperatieve Rabobank U.A, DNB (UK) Limited and Nordea Bank ABPm (Norway).
