Finnforel Accepts Investment from Mitsubishi Corporation

October 30, 2024 Finnforel

The aim of the investment is to secure a sustainable, efficient, and environmentally friendly way to produce fish locally which will offer also significant benefits to food security. Finnforel’s strategy is built around its unique Gigafactory concept, which integrates environmentally friendly fish farming and processing under one roof, delivering industrial-scale production with maximum efficiency and sustainability.

Young Farmer Discovers the Potential of Aquaculture in Zambia

Aubrain Lyavuka attended FAO and UNIDO’s OYA programme that trains African youth for jobs in agriculture. He is now seeing great results and growing his fish farm in Ndola, Zambia.

IFC Supports SeABank to Issue Vietnam’s First Blue Bond, Boost Climate Finance

As part of the financing package, IFC’s subscription in a blue bond of $25 million will allow SeABank to expand its funding for sustainable economic activities associated with ocean and water (aquaculture and fisheries, water supply, and others).

Riverence: ‘Aquaculture is Essential’

Dr. Jesse Trushenski (Director of Science for Riverence) shares why Aquaculture is Essential.

Stronger America Through Seafood (SATS) Hosts Fly-In to Advocate for Legislation to Support the Expansion of U.S. Offshore Aquaculture

As demand for sustainable protein rises, aquaculture, which is one of the most sustainable forms of protein production today, has become the fastest growing food production sector globally – producing half of the seafood consumed worldwide. But inefficient federal permitting processes and a lack of regulatory certainty in the U.S. has hindered growth of America’s aquaculture industry. As a result, the U.S. ranks only 17th in aquaculture production with the U.S. aquaculture market valued at $1.5 billion – only 0.6% of the $263 billion global aquaculture market. The U.S. imports up to 80% of its seafood – mainly from Asia and Europe.