Other Media | iPac.acuicultura: Argentine province of Tierra del Fuego advances aquaculture investment and development opportunities with Cooke
ARGENTINA
Wednesday, June 24, 2026
The Governor of Tierra del Fuego, Gustavo Melella, and the Argentine-Canadian firm Wanchese Cooke—a subsidiary of Cooke Canada—have signed a letter of intent. The agreement aims to establish an initial framework for dialogue, technical and institutional exchange, and the assessment of aquaculture development opportunities within the Argentine province.
This initiative aligns with Tierra del Fuego’s public policy of promoting sustainable, innovative aquaculture that generates added value, in accordance with the provincial Aquaculture Development Plan and current regulations.
Through this agreement, both parties express their commitment to advancing a preliminary work agenda.
Source: iPac.acuicultura | Read the full article here
The German government scraps the heavy frigate project led by Rheinmetall and opts for TKMS's Meko frigates to modernize its Navy
The German government has decided to cancel the F126 heavy frigate program—valued at approximately €10 billion—after noting accumulated delays and rising project costs. The decision marks a significant setback for Rheinmetall, which was undertaking its first major foray into military shipbuilding following its acquisition of Naval Vessels Lürssen (NVL), and it reshapes Germany's industrial strategy regarding one of Europe's largest naval defense programs.
During the 2026 Applied AI SummIT, Mowi Chile presented its Smart Farming 4.0 strategy, which relies on artificial intelligence, real-time monitoring, and data analysis to optimize feeding, anticipate environmental risks, and strengthen decision-making in salmon production.
Artificial intelligence is playing an increasingly important role in salmon farming—not only in automating processes but also in enhancing the ability to anticipate production, environmental, and health-related events. This was one of the key takeaways shared by Mowi Chile during the 2026 Applied Artificial Intelligence SummIT hosted by Duoc UC in Puerto Montt.
Source: MundoAcuicola | Read the full article here
This year, Russia unilaterally increased its quota to 67,548 tonnes—nearly five times its 2004 quota.
Following a proposal by the European Union (EU) and recent trade restrictions targeting Russian fish, members of the North-East Atlantic Fisheries Commission (NEAFC)—with the exception of Russia—have adopted measures to curb unsustainable mackerel fishing in the North-East Atlantic. The stock is in a critical state of conservation after years of overfishing, particularly by Russia. This year, the country unilaterally raised its quota to 22.5% of the Total Allowable Catch (TAC)—equivalent to 67,548 tonnes—which is nearly five times the quota it held in 2004.
The EU, the United Kingdom, Denmark (on behalf of the Faroe Islands and Greenland), Norway, and Iceland have agreed to limit Russian mackerel catches in international waters to 1,495 tonnes.
Source: Industrias Pesqueras | Read the full article here
Marine conservation charity Oceana UK has revealed the scale of the UK’s offshore oil and gas legacy,?identifying?1,685 active or unplugged wells inside marine protected areas and warning that ageing infrastructure could pose growing risks to marine wildlife if not properly decommissioned.
The findings come as ministers prepare the?Energy Independence Bill, which is expected to legislate for an end to new oil and gas licences.?Oceana says the UK now has a major opportunity to tackle the environmental legacy of decades of offshore extraction
The Koñimo I, which was being used at a Chilean salmon farm, sank when its crew were sleeping
A fish farm service vessel that sank with the loss of six lives in Chile’s Reloncaví estuary on January 27 has been raised five months after the tragedy
Salvage operations began in early June and the recovery was completed at the weekend.
Following this, prosecutor María Angélica de Miguel reported that “now comes a very important stage, which is the carrying out of the various expert analyses that will be performed together with the Investigative Police”.
Source: fishfarmingexpert | Read the full article here
The International Maritime Organization (IMO) has announced that it will launch an evacuation plan for the 11,000 seafarers currently stranded in the waters of the Strait of Hormuz. This initiative will be carried out in coordination with the governments of the United States, Iran, and Oman, as well as other coastal nations in the region and maritime industry companies, within the framework of the memorandum of understanding recently signed by US and Iranian authorities.
The United Nations body stated that it has all the necessary security guarantees to begin the operation and has verified that conditions for safe navigation are assured.
Source: La Voz de Galicia | Read the full article here
AKVA group said a contract to design and deliver a smolt facility for Icelandic land-based salmon farmer Laxey has come into effect following the completion of financing for the project.
The contract was originally announced on 21 April but was conditional on Laxey securing the funding required for the development.
That condition was lifted on Tuesday after Laxey announced it had completed a €47 million equity raise and secured syndicated financing to support the next phase of its expansion in Vestmannaeyjar, Iceland.
The project relates to the design and delivery of a new smolt facility that forms part of Laxey’s wider land-based salmon farming development in the Westman Islands.
Source: SalmonBusiness | Read the full article here
Philippines-based regenerative seaweed supply chain platform Coast 4C recently secured a EUR 2.1 million (USD 2.5 million) seed round investment to scale its digital platform for smallholder seaweed farmers, enabling them to increase productivity and give global processors access to consistent supply.
The investment came from U.K.-based global aquaculture investment firm Hatch Blue’s Blue Revolution Fund (BRF), which is a EUR 92 million (USD 104.6 million) fund intended for investments in sustainable aquaculture.
Author: Haley Jones / SeafoodSource | Read the full article here
The company begins a new business phase after one of the most significant insolvency proceedings in the Spanish tuna industry.
The company emerging from the restructuring of the tuna group Atunlo will keep its headquarters in Vigo, ensuring the continuity of business operations that, in recent years, have weathered one of the most complex insolvency processes seen in Spain's seafood processing industry.
This news represents a major boost for the economic ecosystem linked to the Galician tuna sector, as it guarantees the continued presence in Vigo of an operator historically tied to the international marketing of tuna.
ARGENTINA
The Governor of Tierra del Fuego, Gustavo Melella, and the Argentine-Canadian firm Wanchese Cooke—a subsidiary of
GERMANY
The German government scraps the heavy frigate project led by Rheinmetall and opts for TKMS's Meko frigates to modernize its Navy
CHILE.png)
During the 2026 Applied AI SummIT, 
EUROPEAN UNION.png)
Following a proposal by the European Union (EU) and recent trade restrictions targeting Russian fish, members of the North-East Atlantic Fisheries Commission (NEAFC)—with the exception of Russia—have adopted measures to curb unsustainable mackerel fishing in the North-East Atlantic. The stock is in a critical state of conservation after years of overfishing, particularly by Russia. This year, the country unilaterally raised its quota to 22.5% of the Total Allowable Catch (TAC)—equivalent to 67,548 tonnes—which is nearly five times the quota it held in 2004.
UNITED KINGDOM
Marine conservation charity .png)
A fish farm service vessel that sank with the loss of six lives in Chile’s Reloncaví estuary on January 27 has been raised five months after the tragedy
WORLDWIDE
The International Maritime Organization (IMO) has announced that it will launch an evacuation plan for the 11,000 seafarers currently stranded in the waters of the Strait of Hormuz. This initiative will be carried out in coordination with the governments of the United States, Iran, and Oman, as well as other coastal nations in the region and maritime industry companies, within the framework of the memorandum of understanding recently signed by US and Iranian authorities.
NORWAY
AKVA group
PHILIPPINES
Philippines-based regenerative seaweed supply chain platform Coast 4C recently secured a EUR 2.1 million (USD 2.5 million) seed round investment to scale its digital platform for smallholder seaweed farmers, enabling them to increase productivity and give global processors access to consistent supply.
ICELAND.png)
Announcing its 2025 results, the company saw its EBITDA rise by €12.5m (£10.7m) to €73.9m (£63m).
SPAIN.png)
The company begins a new business phase after one of the most significant insolvency proceedings in the Spanish tuna industry.
