Aquatic Resources Malta, established in 2024 and led by CEO Dr. Frank Fabri, will oversee the development of the new research centre.
The acquisition will expand Cermaq’s operations in regions where it already has a presence, Finnmark and British Columbia, and introduce it to the Newfoundland market.
The plans are part of a broader plan to strengthen domestic fish production and reducing the country’s reliance on imports, usually averaging 833,000 tonnes annually.
The pact prohibits government support for fishing activities targeting overfished stocks and for fishing in unregulated high seas where no conservation measures are in place.
These new products aim to deliver tangible benefits to African fish farmers navigating a rapidly evolving aquaculture landscape.
The Shimoni port project is one of the key development projects in the authority’s 30-year master plan and aims to improve Kenya’s marine competitiveness as an investment hub.
Together, the two companies developed pellets with a slower sinking speed, allowing the fish more time to eat.
Haid Group projects its net profit attributable to shareholders will rise to between US$348.6 million and US$390.5 million in the first half of 2025, marking a year-on-year increase of 17.6% to 31.8%.
The feed will be tailored for New Zealand’s king salmon and will play a critical role in advancing open-ocean farming, most notably at the country’s first open-ocean salmon farm, Blue Endeavour.
Vitamin D deficiency is a widespread concern in many regions, and farmed salmon enhanced with naturally elevated levels of the nutrient could help address this gap in daily dietary intake.