Cermaq, Norway, developed True Arctic Salmon, which is salmon grown in the North of the Arctic Circle, where the sea is colder both in summer and in winter and takes 3-4 months more to grow salmon.

The global seafood processing equipment market size is expected to value $2.51 million by 2025 at a 3.2% CAGR over the forecast period, according to research presented by Grand View Research, San Francisco.

The processed seafood market is projected to reach $267.3 billion by 2023, at a CAGR of 5.2% from 2018, while the seafood processing equipment market is projected to reach $1.9 billion by 2023, at a CAGR of 5.6%, by 2023, according to new market research from MarketsandMarkets, New York.

Hangana Seafood, Namibia, South Africa, is netting the benefits of crust freezing thanks to a contact freezer from Starfrost, UK.

Cooke Inc., Canada, acquired Farallon Aquaculture de Nicaragua S.A., a Nicaragua-based vertically integrated producer of farmed shrimp and branded fresh-frozen shrimp to major markets in Asia, Europe and the United States, as well as All Seas Wholesale, Inc., a San Francisco-based distributor of up to 40 species of fresh seafood, live shellfish and frozen seafood products.

The Food Marketing Institute (FMI), Arlington, Va., unveiled “The Power of Seafood” report, which explores seafood through the eyes of the shopper.

Nova Austral’s Sixty South Antarctic salmon brand announced plans to build a new hatchery 45 kilometers north of Porvenir, Tierra del Fuego.

Morey’s Seafood International, Golden Valley, Minn., is relocating its regional distribution business and corporate office into a new state-of-the-art facility in Plymouth, Minn.

E&E Foods, Seattle, Wash., announced plans to purchase the Cannon Fish Co. (CFC), a Kent, Wash.-based subsidiary of Aleutian Pribilof Island Community Development Association (APICDA).

Platinum Equity, Beverly Hills, Calif., announced plans to acquire a majority stake in Grupo Ibérica de Congelados, S.A. (Iberconsa), Spain, from Portobello Capital, Madrid.