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Why Nigerian farmers are abandoning aquaculture

1 week ago | thefishsite.com | Ekpali Saint

Nine years after Fezino Farms Limited began operations in Nigeria’s capital city of Abuja in 2014, it shut down. Wale Bello, the manager, explains that a combination of challenges – such as the poor power supply for the pumps, the high cost of feed, the lack of access to loans and funding for expansion, unstable pricing, and increasing cost of petrol and diesel for generators – contributed to the closure of the farm. “How do we survive?” Bello asks.
A pivotal moment for genome editing in aquaculture

2 weeks ago | thefishsite.com | Rob Fletcher

CAT’s CEO, John Buchanan; Matt Josephson, who has been responsible for the company’s editing work in Brazil; and ’s CEO, Ramon Amaral, recently explained the details of the deal, and its wider significance, to The Fish Site.
Do eFishery’s downfall and Trump’s tariffs herald tough times for aquaculture investors?

2 weeks ago | thefishsite.com | Rob Fletcher

These were some of the key points discussed during yesterday’s investment panel at the Blue Food innovation Summit in London. The panel featured a selection of investors: Maria Velkova, chief portfolio officer at Aqua-Spark; Alan Liu, vice-president of Novo Holdings; Jeroen van der Staay, executive director at Rabo Ventures; Claire Pribula, managing director and co-founder of The Yield Lab Asia-Pacific; and Nadir Ait-Laoussine, vice-president, platforms and programs, Sea Ahead.
Can the world’s “forgotten crop” rescue the alternative aquafeed ingredient sector

2 weeks ago | thefishsite.com | Rob Fletcher

So prolific that it’s described as a weed (or simply weed) in many regions, hemp has had a long – and often complicated – shared history with humanity. It’s been vilified and venerated in equal measure for the psychotropic compounds contained in some strains of cannabis. Yet it’s a plant that has many more mundane yet potentially high impact – qualities that make it well suited both to provide an alternative to soy in aquafeeds and as a means to sequester carbon.
AlgiSys BioSciences prepare to launch EPA-rich novel aquafeed ingredient

3 weeks ago | thefishsite.com | Rob Fletcher

The startup was founded in 2009 by Dr Charles Roe, a chemical engineer with experience at multinational companies including General Electric and ICI. “After my time at large corporations, I was recruited by a group of Procter and Gamble executives to start a global consulting company focused on open innovation and, ultimately, began to do some consulting in the algae and biotech spaces, before leaving to start AlgiSys,” explains Dr Roe.
Why it's too soon to write off seaweed

3 weeks ago | thefishsite.com | Alexandra Talty

An accelerator and investment firm focused on the ocean, Katapult Ocean is one of the leaders in private investment into aquaculture, with 80 investments into the ocean space, including 10 to 15 in aquaculture specifically. Bellafiore, who focuses on the fund’s early-stage investments, explains their outlook. Katapult’s seaweed investments include some of the biggest names in seaweed, like Ocean Rainforest, Carbonwave and Algaeing. Which seaweed investments are exciting right now?
How Trump’s tariffs are likely to impact the salmon, shrimp and tilapia markets

3 weeks ago | thefishsite.com | Rob Fletcher

So explains Rabobank’s Gorjan Nikolik, following Trump’s decision to increase tariffs on Chinese tilapia imports from 25 to 45 percent and to introduce a 25 percent tariff on Canadian goods. And its an issue that could be hugely exacerbated if US plans to introduce punitive port fees on Chinese-built and operated vessels come to fruition.
Why "hatchery is destiny" in seaweed farming

4 weeks ago | thefishsite.com | David Aldridge

Perhaps it has never crossed your mind, but whenever you see pictures of lovely, lush seaweed being harvested from a farm, this is the result of a meticulous process that began many months (sometimes years) earlier, with the production of healthy seedlings.
Thoughts from Briana Warner: Atlantic Seafarms' former CEO

1 month ago | thefishsite.com | Alexandra Talty

In January Atlantic Sea Farms, the largest farmed seaweed company in the United States, announced it had raised $3.8 million, from investors including True Wealth Ventures, Third Nature Investors and Builders Bridge. Warner - CEO for seven years, who has now been replaced by Mikel Durham - answered the following questions. How did you manage to raise so much for ASF at a time that industry experts are referring to as “the seaweed winter”?
China’s seafood strategy in an era of demographic and geopolitical change

1 month ago | thefishsite.com | Rob Fletcher

So explains Rabobank’s Gorjan Nikolik, who has calculated that the country – which was once one of the world’s biggest seafood exporters – is likely to have a $10 billion seafood trade deficit by 2030. Precisely how they are going to make up this shortfall needs to be considered, he reflects.