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Toronto, Ontario-based financial services firm Slate Asset Management has acquired the World Seafood Center in Oslo, Norway, for nearly USD 125 million (EUR 116 million). This acquisition expands Slate’s portfolio of real estate assets in Europe, adding a premier seafood refrigeration and distribution facility that is a critical part of the global food supply chain. "We are pleased to be increasing our exposure to European essential real estate with the acquisition of this premier cold storage and distribution facility," said Slate Managing Director Sven Vollenbruch. The World Seafood Center services companies like Mowi and is expected to provide stable and resilient cash flows. The transaction with Oslo Airport City, the center’s previous owner, is set to close by the end of June.
Ace Aquatec Partners with Shrimp Welfare Project to Enhance Slaughter Methods
Dundee, Scotland-based Ace Aquatec has partnered with the U.K. charity Shrimp Welfare Project to improve shrimp slaughter standards industry-wide. The partnership aims to replace the common ice-water slurry method with Ace Aquatec’s Prawn Humane Stunner Universal, which stuns shrimp unconscious in less than a second. "Humane slaughter of animals is crucial for maintaining good welfare throughout the entire process," said Shrimp Welfare Project Head of Programs Krzysztof Wojtas. Ace Aquatec’s product will be available free of charge on a limited basis until the end of 2025 to enhance shrimp welfare globally.
Tri Marine Adds New Purse-Seine Vessel to Fleet
Bellevue, Washington-based Tri Marine has introduced a new purse-seine vessel, the Solomon Diamond, to its Solomon Islands-flagged fleet. The vessel features an automated fish-loading system, an innovative propeller for fuel efficiency, and a compact refrigeration system for optimal food safety. "The Solomon Diamond is a beacon of innovation and sustainability," said Tri Marine Board Member Guy Noordink. Planning for the vessel began in 2020, and its symbolic launch was held in Taiwan on 25 May 2023.
IFCO Systems Unveils Smart Technology-Compatible Reusable Fish Crate
Munich-based IFCO Systems has released Marina, a smart technology-compatible, reusable fish crate designed to replace single-use expanded polystyrene (EPS) packaging. Marina features Bluetooth tags, QR codes for real-time data collection, a stackable design, and isothermal construction for extended freshness. "We’ve succeeded in developing a smarter, more protective, and sustainable fish crate for the Mediterranean market," said IFCO Southern Europe Division Vice President Francesca Amadei. The crate can be reused approximately 120 times and is recyclable.
Thai Union Introduces ECOTWIST Packaging
Thai Union’s subsidiary, John West Foods, has launched ECOTWIST, an innovative packaging solution in the U.K. aimed at reducing plastic shrink wrap and cardboard waste. ECOTWIST products are Marine Stewardship Council-certified, with plans for full certification by 2025. "John West UK has spent three years developing a unique packaging solution," said Thai Union Europe President Paul Reenan. This initiative aligns with Thai Union’s SeaChange 2030 sustainability plan.
Center for Aquaculture Technologies Canada Rebrands as Onda
Prince Edward Island-based Center for Aquaculture Technologies Canada has rebranded as Onda, signifying its commitment to sustainable aquaculture research. "Onda is on a mission to nurture a healthier and more sustainable world," said Onda CEO Myrna Gillis. The rebranding follows Onda’s separation from its U.S. parent company, Center for Aquaculture Technologies (CAT), and it remains part of the Cuna del Mar portfolio.
Coastal Shell Products Closes Due to Resident Complaints
A shellfish waste-drying plant in New Brunswick, Canada, Coastal Shell Products, has ceased operations following persistent resident complaints about odor. Despite significant investments and compliance with governmental regulations, the plant was unable to overcome operational limitations imposed due to the complaints. "We have operated at a loss to show our commitment to resolving public concerns," said Coastal Shell Manager Jamie Goguen. The closure leaves the future of shellfish waste disposal in the province uncertain.
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