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Pension plan buys Atlantic Aqua Farms mussel producer

CANADA
Saturday, November 18, 2017, 02:20 (GMT + 9)

Ontario Teachers' Pension Plan (OTPP) has acquired shellfish producer Atlantic Aqua Farms from San Francisco-based Encore Consumer Capital, which is its first venture into the realm of aquaculture. The initiative falls under OTPP natural resources mandate to invest in the global food basket, with an eye on sustainable sources of food production. "Demand for protein is increasing, and in the context of land constraints and environmental considerations, aquaculture is among the most sustainable sources to meet this demand," said Andrew Claerhout, Senior Managing Director, Infrastructure and Natural Resources. PEI-based Atlantic Aqua Farms has been supplying North American consumers with its Canadian Cove brand mussels for over 25 years. Headquartered in Orwell Cove, Prince Edward Island, the company is the largest grower and processor of the widely-recognized,... FULL STORY

China
Sino Agro Food obtains lower sale revenue
Nov 17, 23:30
Agricultural technology company Sino Agro Food, Inc. (SIAF) reported a 48.5 per cent decline in revenue from t... FULL STORY
United States
Washington legislators propose banning Atlantic salmon farming in pet nets
Nov 17, 22:40
After Cooke Aquaculture’s farm massive Atlantic salmon escape last summer, the species net-pen farming w... FULL STORY
Spain
Galicia and Wales will sign an agreement to minimize 'Brexit' impact
Nov 17, 22:30
Galicia and Wales intend to sign their own bilateral agreement to try to minimize the impact that Brexit will ... FULL STORY
European Union
Baltic illegal discarding worsens despite landing obligation
Nov 17, 21:50
Compliance with the reformed Common Fisheries Policy’s Landing Obligation is almost non-existent in the ... FULL STORY

Morocco
Spain intends to achieve greatest possible increase for bluefin tuna TAC
Nov 18, 01:30
The General Secretary of Fisheries of Spain participates in the negotiations of the 25th ordinary session of the International Commission for the Cons... FULL STORY

Spain
AZTI to analyze climate change effects in four important Spanish fisheries
Nov 18, 00:20
Setting the effects of climate change on the fisheries of Spanish fleets is the aim of Cliremar project (Climate scenarios of the vulnerable marine re... FULL STORY

Egypt
Egypt to house Middle East largest fish farm
Nov 18, 00:20
The largest fish farm in the Middle East is being set up on the international coastal road in the Berket Ghalioun area in the Metoubas locality, in Ka... FULL STORY
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United States
Nov 17, 23:00 (GMT + 9):
IN BRIEF - Alaska Crab Fishery: 30-Day Comment Period Open on RFM Draft Assessment Reports
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Nov 17, 23:00 (GMT + 9):
IN BRIEF - GAA’s Jeff Fort Takes on Role of COO
Russian Federation
Nov 17, 23:00 (GMT + 9):
IN BRIEF - Russia poised as ‘exciting’ market for PH shrimp
United States
Nov 17, 23:00 (GMT + 9):
IN BRIEF - Salmon population booms on state’s Mokelumne River as restoration efforts pay off
Chile
Nov 17, 21:20 (GMT + 9):
A kilometre of illegal nets used to capture spider crab detected
Ecuador
Nov 17, 03:10 (GMT + 9):
Shrimp sector electrification to improve competitiveness
United States
Nov 17, 02:50 (GMT + 9):
Dungeness crab season starts in California
Canada
Nov 17, 02:20 (GMT + 9):
50-80pct of fish in Pacific Islands could disappear due to climate change
Norway
Nov 17, 01:50 (GMT + 9):
Programs to encourage fresh cod fish market work, according to Nofima
Chile
Nov 17, 01:30 (GMT + 9):
Blumar saw its sales fall until September, but EBITDA doubled
Canada
Nov 17, 01:00 (GMT + 9):
IN BRIEF - Judge's errors led to environmental assessment order of Grieg fish farm proposal, says N.L. government
United Kingdom
Nov 17, 01:00 (GMT + 9):
IN BRIEF - Brexit 'not a disaster' for Grimsby, says Norman Lamont
 

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