Aquaculture

EQS-News: BayWa AG expects earnings to improve in the financial year 2024

Retrieved on: 
Wednesday, April 10, 2024

BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.

Key Points: 
  • BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.
  • After deducting interest and tax, BayWa closed the past financial year with a loss of €93.4 million, down €332.9 million year on year.
  • “We are using 2024 for consolidation,” says Marcus Pöllinger, Chief Executive Officer of BayWa AG.
  • BayWa anticipates strong earnings growth in the current financial year, largely driven by a good apple harvest in New Zealand.

SIP Purchase, PDMR and Total Voting Rights

Retrieved on: 
Wednesday, April 10, 2024

OTAQ plc (OTAQ.AQ), the innovative technology company targeting the aquaculture, geotracking and offshore markets, received notification on 19 March 2024 from Cytec Solutions Corporate Trustees Limited (the "SIP Trustee") in relation to the issue and allotment of 41,255 ordinary shares of 1 penny each in the Company ("Ordinary Shares") for the benefit of participants of the OTAQ Share Incentive Plan (the "SIP"), including Persons Discharging Managerial Responsibilities in the Company ("PDMR") outlined below in accordance with the rules of the SIP (the "SIP Award").

Key Points: 
  • OTAQ plc (OTAQ.AQ), the innovative technology company targeting the aquaculture, geotracking and offshore markets, received notification on 19 March 2024 from Cytec Solutions Corporate Trustees Limited (the "SIP Trustee") in relation to the issue and allotment of 41,255 ordinary shares of 1 penny each in the Company ("Ordinary Shares") for the benefit of participants of the OTAQ Share Incentive Plan (the "SIP"), including Persons Discharging Managerial Responsibilities in the Company ("PDMR") outlined below in accordance with the rules of the SIP (the "SIP Award").
  • The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which each participating employee will acquire Ordinary Shares at the prevailing market price per share using contributions deducted from pre-tax salary in each calendar month ("Partnership Shares"), with each participating employee being awarded one Ordinary Share for each Partnership Share ("Matching Shares"), using newly issued shares.
  • Details of the number of Partnership Shares purchased by each of the PDMRs at a price of 4.00 pence per Ordinary Share, and the number of Matching Shares allocated by the SIP Trustee to the PDMR for no consideration, is set out against their names in the table below.

Directorate change

Retrieved on: 
Wednesday, April 10, 2024

Justine joined OTAQ in July 2023 as Interim Chief Financial Officer.

Key Points: 
  • Justine joined OTAQ in July 2023 as Interim Chief Financial Officer.
  • Prior to this, she held a number of senior positions in a range of high growth companies across various sectors including property development, aviation charter services, IT and construction.
  • Most recently Justine was Managing Director of GB3 Limited, an IT Managed Services company, having joined the company in 2012 as Finance and Operations Director.
  • Before GB3 Limited, Justine worked for United Utilities and AstraZeneca having previously qualified as a Chartered Accountant with Arthur Andersen.

Eurofins Genomics AgriGenomics Europe and Gencove announce collaboration to offer complete solution for low-pass whole genome sequencing

Retrieved on: 
Tuesday, April 9, 2024

New York, USA and Galten, Denmark, April 09, 2024 (GLOBE NEWSWIRE) -- Eurofins Genomics AgriGenomics Europe, an internationally leading provider of DNA sequencing and genotyping services and Gencove, a pioneer of low-pass whole genome sequencing (lpWGS) imputation and analysis, today announced a partnership to offer a complete solution for lpWGS in Europe, delivering high-throughput and cost-effective sequencing.

Key Points: 
  • New York, USA and Galten, Denmark, April 09, 2024 (GLOBE NEWSWIRE) -- Eurofins Genomics AgriGenomics Europe, an internationally leading provider of DNA sequencing and genotyping services and Gencove, a pioneer of low-pass whole genome sequencing (lpWGS) imputation and analysis, today announced a partnership to offer a complete solution for lpWGS in Europe, delivering high-throughput and cost-effective sequencing.
  • The partnership will combine Gencove’s platform for data analytics and management with Eurofins Genomics AgriGenomics Europe’s capabilities running low-pass whole genomics sequencing to usher in a new era in genotyping.
  • The collaboration leverages both companies' strengths in sequencing to accelerate advancements in genotyping benefiting plant breeders, livestock selectors, aquaculture, and companion animal sectors.
  • In making large-scale genomic information more accessible and actionable, Gencove and Eurofins Genomics AgriGenomics Europe are setting new benchmarks for what is possible in agriculture.

CREATING NEW OPPORTUNITES FOR CANADIAN CANOLA

Retrieved on: 
Wednesday, March 27, 2024

Through the development of high quality, high-protein products, Canada will improve the competitiveness and profitability of Canadian canola and sunflower in both domestic and international markets.

Key Points: 
  • Through the development of high quality, high-protein products, Canada will improve the competitiveness and profitability of Canadian canola and sunflower in both domestic and international markets.
  • The latest effort builds off a Protein Industries Canada project led by Corteva which successfully created the genetic platform for creating, selecting and  commercially testing high-protein, reduced-fibre canola germplasm.
  • Now, the project will transition into  commercialization and market acceptance of high-protein canola meal in feed applications for non-ruminant livestock, including farmed aquaculture fish.
  • Transforming meal into a high-protein product helps support profitability for Canadian farmers and delivers optimal downstream benefit for every canola seed planted."

Holland America Line Becomes First Global Cruise Line to Receive International Seafood Certifications

Retrieved on: 
Monday, April 8, 2024

SEATTLE, April 8, 2024 /PRNewswire/ -- Holland America Line is elevating its award-winning dining experience by becoming the first global cruise line to receive both Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC) certifications. The two organizations serve as the most credible standards worldwide for certified seafood.

Key Points: 
  • SEATTLE, April 8, 2024 /PRNewswire/ -- Holland America Line is elevating its award-winning dining experience by becoming the first global cruise line to receive both Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC) certifications.
  • "Our guests care about the quality and sustainability of the fresh fish we serve, and so do we," said Gus Antorcha, president, Holland America Line.
  • Certified seafood from nine regions worldwide will be incorporated into Holland America Line seafood offerings: Asia, Australia, Canada/New England, Mexico, Mediterranean, Northern Europe, South America, the Caribbean, and Hawaii.
  • While not all seafood species aboard Holland America Line are currently certified, the cruise line is working toward 100% accreditation of species that are eligible to meet the organizations' standards.

Blue Star Foods Starts its Soft-Shell Crab Season

Retrieved on: 
Monday, March 25, 2024

Miami, FL, March 25, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that its soft-shell operations in South Carolina have started production for the 2024 season under its existing license from the South Carolina Department of Natural Resources.

Key Points: 
  • Miami, FL, March 25, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that its soft-shell operations in South Carolina have started production for the 2024 season under its existing license from the South Carolina Department of Natural Resources.
  • John Keeler, Chairman and CEO of Blue Star Foods, commented, “We are excited to begin production for the 2024 soft-shell crab season.
  • Our RAS platform in South Carolina encompasses over 100 tanks and utilizes our proprietary Bio-Plan derived from the vast, Blue Crab expertise, from our team members and extensive research in this crab species.
  • Currently, we have more demand that what are able to supply with full tanks of crab peelers.

Ponds by Michael Wheat Announce New System for its Swimming Ponds in Response to the Growing Concerns Over Water Quality in the UK

Retrieved on: 
Monday, March 18, 2024

Ponds by Michael Wheat , award-winning experts swimming ponds, is leading the way in addressing these concerns with the announcement of its new swimming pond system.

Key Points: 
  • Ponds by Michael Wheat , award-winning experts swimming ponds, is leading the way in addressing these concerns with the announcement of its new swimming pond system.
  • The company’s Michael Wheat System, integration of advanced safety measures, and the utilisation of state-of-the-art design practices ensure the pristine condition and security of water in every one of Ponds by Michael Wheat’s projects.
  • However, with heightened attention surrounding the UK’s water quality, the question, ‘ are swimming ponds safe to swim in ?’ has become more prominent.
  • For those who want a more immersive experience and further insights into the safety of swimming pond water, Ponds by Michael Wheat invites individuals to visit its website, where they can watch an interview with a microbiologist.

Global Vitamin A Market Analysis, Size, Trends and Forecasts to 2029 - A US$745.84 Million Market by 2029, with Expected CAGR of 5.26% Over 2024-2029 - ResearchAndMarkets.com

Retrieved on: 
Monday, April 1, 2024

The global vitamin A market value stood at US$548.36 million in 2023 and is expected to reach US$745.84 million by 2029.

Key Points: 
  • The global vitamin A market value stood at US$548.36 million in 2023 and is expected to reach US$745.84 million by 2029.
  • The market is expected to grow at a CAGR of 5.26% over the projected period of 2024-2029.
  • The rising demand for functional foods, fortified with essential nutrients including vitamin A, has also contributed to market growth.
  • Overall, Asia Pacific's dynamic market landscape positions it as a key player in the global vitamin A sector.

Global Sardine Market to Reach 4.0 Million Tons by 2032, Driven by Nutritional Awareness and Sustainable Fishing - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024

Reflecting on the market size, the global sardine market scaled 3.6 million tons in 2023.

Key Points: 
  • Reflecting on the market size, the global sardine market scaled 3.6 million tons in 2023.
  • Coupled with evolving dietary preferences and the convenience offered by various sardine products, the market's potential continues to surge.
  • Moreover, the research highlights the accelerating impact of e-commerce platforms on the sardine industry, fostering greater accessibility and customer reach.
  • Environmental conservation efforts have significantly influenced the sardine market, with sustainable fishing practices and regulations ensuring responsible resource exploitation.