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    Finance

    Turkey increases fish production by 6.2% and aquaculture production by 9.1%

    The Turkish Statistical Institute reported a 6.2% increase in fish production and a 2.1% increase in fish catches. Additionally, the aquaculture industry also added milestones, reaching an increase of 9.1%.

    Challenging times for Norway but remains solid in seafood exports

    Norway exported seafood products worth NOK 13.1 billion in May. These figures represent a 7% increase compared to the same month in 2022. These figures are attributed to the weakness of the NOK.

    AquaBounty pauses Ohio farm construction but still believes in the project

    The substantial increase in the cost of completion and ongoing negotiations with Williams County to obtain the Right of Way permit led the U.S. land-based salmon producer to make this decision.

    Start-ups and investors mingle at Blue Food Innovation Summit

    Sustainability, regeneration, collaboration and communication on blue food were among the topics discussed during the summit's final day.

    Innovasea and Petros join forces on a offshore farm project in Aruba

    Innovasea and Petros obtained government for a 3,000-ton offshore fish farm close to Aruba in the Caribbean Sea.

    Nordic Halibut grows in weight and revenues in 2023

    Nordic Halibut has achieved an optimal biological performance and reached an increase of 26% over the previous year thanks to market conditions and increased harvested weight.
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    Lower harvested volume and higher feed prices weigh down Måsøval’s results in Q1 2023

    The company records a loss after tax of NOK 31 million due to the reduction in the fair value adjustment of biomass and extraordinary restructuring-related costs incurred.

    Salmon Evolution is progressing and focused on moving forward

    In the report, they highlight the continued increase in production at Indre Harøy and preparations for the second phase, as well as its international expansion plans, and latest financing package agreements.

    Blue Food Innovation Summit takes place next week in London

    Two action-packed days of discussions on aquaculture, sustainability and innovation are ahead. Follow WeAreAquaculture for updates!

    Nova Scotia and its economic potential to gain millions from kelp farming

    The Ecology Action Center (EAC) has released a new market assessment report highlighting Nova Scotia's potential for kelp farming. The study projects a potential market worth millions over the next three to five years.
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