Daily recap: Execs depart under-investigation eFishery; Nordic Aquafarms abandons Maine plans
Credit: eFishery

Daily recap: Execs depart under-investigation eFishery; Nordic Aquafarms abandons Maine plans

Here's a recap of the top daily seafood stories from Friday, Jan. 17.

  • Aquaculture veteran Maclean resigns from eFishery prior to financial fraud probe ?

A well-known aquaculture sector executive has resigned from the Indonesian aquaculture tech firm eFishery, which is in the middle of a financial fraud investigation.

  • Interim eFishery CEO exits amid reports co-founder was cooking books from 2018

The interim CEO of Indonesian aquatech unicorn eFishery has reportedly stepped down as allegations surface his predecessor and the company's founder, Gibran Huzaifah, was cooking the company's books for as long as six years.?

  • Nordic Aquafarms abandons Maine salmon project after series of lawsuits take toll

Norway-based land-based aquaculture company Nordic Aquafarms has abandoned its long-planned US East Coast salmon farming project in Belfast, Maine, following years of legal challenges and opposition.

  • Is Brazil ready to join the global shrimp superpowers?

Although shrimp farming in Brazil is currently focused on meeting domestic demand, industry leaders believe it has the capacity to become a global player if it invests in overcoming key obstacles.

  • Snow crab prices keep soaring in US as sellers scrape for supply

Snow crab prices continue to climb at wholesale in the US as supply becomes even more difficult to locate,?Undercurrent News?has heard from multiple sources.

  • Parliamentary report opts against moratorium on new Scottish salmon farm sites

The slow rate of progress in improving the regulation and enforcement of the Scottish salmon aquaculture industry needs to be addressed as a matter of urgency to future-proof the industry and to enable it to grow sustainably, according to Holyrood's Rural Affairs & Islands Committee.

  • Undercurrent teases new weekly podcast series 'Catch the Current'

Mark your calendars because Undercurrent is kicking off its brand new podcast, Catch the Current, on Friday, Jan. 24.

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