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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

Ecuador
Shrimp sector electrification to improve competitiveness
Nov 17, 03:10
The search for efficient and sustainable aquaculture through the Electrification Plan for the Shrimp Sector is... FULL STORY
Norway
Programs to encourage fresh cod fish market work, according to Nofima
Nov 17, 01:50
More fresh cod has been delivered outside the main season thanks to Norway’s fresh fish scheme and live ... FULL STORY
Chile
Blumar saw its sales fall until September, but EBITDA doubled
Nov 17, 01:30
Blumar's financial results accumulated at the end of the third quarter of 2017 show that its net profit was US... FULL STORY
Canada
Supreme Court orders protesters out of Marine Harvest’s farm
Nov 16, 23:10
British Columbia Supreme Court has authorised an adjournment of Marine Harvest Canada's application for a... 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

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 the sale of goods, to USD 45.4 million fo... 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 would be banned in Washington under legis... FULL STORY
MORE NEWS
Viet Nam
Nov 16, 22:00 (GMT + 9):
Norwegian and Vietnamese aquaculture entrepreneurs share experiences
United States
Nov 15, 22:30 (GMT + 9):
Environmentalists file suit against Cooke over salmon escape
Norway
Nov 15, 21:30 (GMT + 9):
Salmon price status at week 45
Norway
Nov 15, 02:20 (GMT + 9):
Cermaq achieves higher Atlantic salmon survival in all its operations
Turkey
Nov 15, 02:20 (GMT + 9):
Kılıç performs second living fish shipment to Oman by air
Norway
Nov 15, 01:10 (GMT + 9):
ISA suspicions analysed at Norway Royal Salmon site
Faroe Islands
Nov 14, 23:50 (GMT + 9):
Bakkafrost obtained lower profit in third quarter due to salmon price impact
Australia
Nov 14, 22:50 (GMT + 9):
Cowell oyster producer receives state grant to boost biosecutiry
Chile
Nov 14, 21:40 (GMT + 9):
Australis Seafoods ended third quarter with 'satisfactory results'
European Union
Nov 14, 02:30 (GMT + 9):
European project to boost multi-trophic aquaculture environment
Australia
Nov 14, 02:00 (GMT + 9):
Tassal withdraws aquaculture cage fish waste dumping scheme
Peru
Nov 14, 00:30 (GMT + 9):
Fishing exports experience strong growth
 

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FEATURED EVENTS
  
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