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Nova Austral CEO ousted, The Scottish Salmon Company mulls sale, land-based developments and more

Here's our run down on just some of the biggest stories making the seafood headlines this past week.

The seafood news continued to come thick and fast in the second week of July, a time normally expected to be among the quietest of the year with many seafood executives taking summer vacations.

Here we’ve compiled a list of the most-and-must-read stories of the week, ranging from exclusive interviews to a run down of the year's acquisitions so far and the latest land-based aquaculture developments.

With the Scottish Salmon Company's majority owner wanting out IntraFish reporter Demi Korban looked at the likely candidates to invest in the business after the producer announced possible plans to sell a full or partial stake in the company on July 8.

Mergers and acquisitions poured in during the first half of 2019. Here we compiled a roundup of the deals, both big and small, through June.

In the United States Cooke Aquaculture is in talks with Washington state to farm rainbow trout as the state ordered stricter monitoring of remaining Atlantic salmon farms.

As the scandal surrounding salmon producer Nova Austral continues to unfold claiming the IntraFish senior reporter Lola Navarro said the company's misreporting of mortalities in Chile is about much more than fuzzy math.

While the scandal has claimed the scalp of CEO Nicos Nicolaides, in the United States one major buyer said it is sticking by Nova Austral's Sixty South brand salmon.

With land-based aquaculture never far from the headlines in France investors could spark big growth in demand for recirculation systems as IntraFish correspondent John Evans reports.

Dutch land-based aquaculture company Kingfish Zeeland has conducted an "exhaustive study" along the coast of Maine that has helped it narrow down its final site selection to two options.

Meantime as IntraFish reporter Rachel Sapin reports Bristol Bay plants are running at full speed to keep up with market demand for fresh salmon with the peak for the Bristol Bay salmon fishery slated to come later this month, according to a University of Washington in-season update that forecasts the peak to occur around July 20.

Also in the United States, California’s unexpected bountiful king salmon harvest this year is giving marketing officials and retailers the opportunity to target new consumers and those who found the product too expensive during recent low-harvest years.

Finally, Mowi Scotland is spending $9 million to relocate two farming sites to new high-energy and offshore locations.

But that was far from all that happened last week, so sign up to our Editor’s Picks newsletter to make sure you stay abreast.

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