EU-funded initiative named MULTIPLY is uniting 17 partners to develop 10 microalgae-based alternatives for everyday products, aiming to reduce reliance on fossil and food-based resources. 

Launched in June 2025, the Horizon Europe project brings together specialists from across Europe to develop and scale ten microalgae-based solutions for five industrial sectors.MULTIPLY is developing ten products designed to show how algae can serve diverse markets: 

• Food: natural colours and protein-rich ingredients
• Feed: a salmon feed component enriched with microalgal compounds
• Cosmetics: personal-care oils and esters
• Lubricants: bio-based esters engineered for high-performance applications
• Biomaterials and packaging: compostable films, paper coatings and other packaging solutions based on algal oils and starch. 

Source: The Fish Site | Read the full article here

Lerøy Seafood Group  reports $56.4 million farming EBIT in Q4 as prices improve late in quarter.

Lerøy reported operational EBIT of NOK 564 million ($56.4 million) in its farming segment in the fourth quarter of 2025, down year-on-year, but said biological performance was better than expected and production costs declined quarter-on-quarter.

The company said salmon and trout prices improved significantly towards the end of the quarter following a year characterised by low market prices.

Source: SalmonBusiness | Read the full article here

Vladivostok – According to the Primorsky branch of Rosselkhoznadzor, from January 1 to February 18, 2026, approximately 7 600 tons of live crab were exported from Primorsky Krai to China and the Republic of Korea.

Veterinary experts carried out safety assessments for 255 shipments, confirming compliance with import standards in both countries. The consignments included spiny crab, blue crab and Kamchatka crab, all harvested in the Sea of Okhotsk and the Sea of Japan and cleared with the necessary health certificates before shipment.

Russian crab remains in high demand across East Asia: overall exports to China in **2025 reached about 45 800 tons, up 10.4 % year-on-year, giving Russia over a 34 % share of China’s crab imports.

Industry data also show that revenue from Russian crustacean exports grew in 2025, with live and fresh crabs accounting for a significant portion of total export earnings, especially in China and South Korea.

Despite broader geopolitical tensions and past enforcement actions against illegal crab trade in the Russian Far East, regulated exports continue to expand in legitimate channels under strict veterinary control. Rosselkhoznadzor says all current shipments meet the importing countries’ sanitary and phytosanitary norms.

Maruha Nichiro Corporation will change its corporate name to "Umios Corporation" on March 1, 2026.

In conjunction with this change, the following group companies will also adopt new corporate names. The group will unify its name under the "Umios" brand, featuring a brand symbol composed of the BLUE PLANET mark and the Umios logotype. This unified brand identity will enable us to provide consistent customer experiences and reinforce trust across markets, thereby maximizing the global value of the Umios brand. 

Scottish salmon exports to India could grow to a value of £30 million per year in the next 10 years and deliver up to £131m during that time, new projections by sector trade body Salmon Scotland show.

Producers are gearing up for a new drive into the market after last year’s UK-India trade deal promised to remove the tariffs that have held exports back.Scottish salmon currently faces a 33% import duty, but that barrier is expected to be removed this year when the agreement comes into force.

Source: fishfarmingexpert | Read the full article here

At the end of 2025, the Council of the European Union authorised the European Commission to open negotiations with the United Kingdom on a new Sanitary and Phytosanitary (SPS) Agreement – an important step that could reshape the trading landscape for live bivalve molluscs.

In response, the Market Advisory Council (MAC) submitted detailed advice to DG MARE outlining how shellfish should be addressed within the framework. The recommendations reflect both industry priorities and the need to maintain robust public-health and environmental safeguards.

Source: Fish Focus | Read the full article here

The Norwegian aquaculture technology company EcoFishCircle AS (EFC) has signed a comprehensive Memorandum of Understanding to deliver a full-scope mRAS (Modular Recirculating Aquaculture System) and the development of a land-based fish farming facility in Saudi Arabia.

The project is designed to provide a production capacity of 10,000 tonnes of Atlantic salmon per year. The cost was not disclosed.The project is part of the Saudi Vision 2030 initiative, where the government has ambitions to make the country a major player in land-based aquaculture. EFC will be a technology partner and provide operational support. 

Author: Vince McDonagh / Fish Farmer | Read the full article here

JAKARTA — Indonesia’s fisheries sector posted a strong surplus in the first quarter of 2026, with total production and reserves projected to reach 3.57 million tons, according to the Ministry of Marine Affairs and Fisheries.

“The production and reserve quantity combined remain higher than demand and consumption,” said Machmud (pictured), Acting Director General for Strengthening the Competitiveness of Marine and Fisheries Products, during a virtual press conference on February 19, 2026.

Between January and March, output included 2.05 million tons of cultivated fish and 1.52 million tons of captured fish, surpassing domestic consumption demand of 1.94 million tons.

The surplus can be stored in 2,287 cold storage units nationwide, with a total capacity of 899,178 tons. Of these, 2,035 units are privately owned, while the remainder are government-operated.

The government also confirmed sufficient supply across eight regions during Ramadan and Eid al-Fitr, exceeding demand by more than 100 percent.