Open main menu
Visit Website
Sign Up

Financing agreement aims to boost Mozambique artisanal fishery efforts

Mozambique recently formalized a significant partnership with the International Fund for Agricultural Development (IFAD), sealing a financing agreement totaling USD 63 million (EUR 57.6 million). This collaborative effort aims to bolster the livelihoods of artisanal fishers along Mozambique's extensive East African coastline.

TradoublesTradoubles

•

•

Financing agreement aims to boost Mozambique artisanal fishery efforts
Do not index
Do not index
In a significant development announced on March 1st, Mozambique has finalized a financing agreement with the International Fund for Agricultural Development (IFAD), marking a pivotal step towards supporting the Artisanal Fisheries Resilient Development Project. This initiative aims to alleviate constraints faced by Mozambican artisanal fishers, facilitating their efforts to enhance production and access business opportunities both domestically and internationally.
Jaana Keitaanranta, IFAD Country Director for Mozambique, emphasized the project's transformative potential, highlighting its objective to empower over 90,000 artisanal fishers while promoting sustainable fishing practices. The endeavor seeks to ensure food security, ecosystem preservation, and resilience-building within local communities. Key strategies include advancing research on suitable fishing methodologies, providing training in fisheries management, and exploring opportunities for mariculture development through pilot programs and farmer training.
Moreover, the project outlines plans to identify and rehabilitate sensitive and degraded habitats, such as mangroves, coral reefs, and seagrass beds, to further environmental conservation efforts.
Scheduled for implementation in stages until 2030, the project anticipates a total cost of approximately USD 54.5 million (EUR 49.8 million), with IFAD contributing USD 29.3 million (EUR 26.8 million). Additional financing is provided by the Norwegian Agency for Development Cooperation, the Mozambican government, private-sector investments, and in-kind contributions from artisanal fishers. Despite these contributions, a financing gap of USD 20 million (EUR 18.3 million) remains, according to IFAD projections.
Keitaanranta underscored the significance of the funding in addressing challenges faced by Mozambican artisanal fishers, who constitute 90 percent of the country's total fishery output. Despite an increase in production from 259,000 metric tons (MT) in 2015 to 414,000 MT in 2020, emerging issues such as data collection deficiencies and environmental degradation pose threats to the sector's sustainability.
Tradoubles

Written by

Tradoubles

Tradoubles is a cross-border seafoods marketplace. We help you source the best seafood suppliers from asian countries.

    Related posts

    Pacific Seafood and Atlantic Sea Farms Secure Prestigious Supplier Awards from Whole FoodsPacific Seafood and Atlantic Sea Farms Secure Prestigious Supplier Awards from Whole Foods
    TradoublesTradoubles

    /

    Pacific Seafood and Atlantic Sea Farms Secure Prestigious Supplier Awards from Whole Foods

    Whole Foods Market Honors Pacific Seafood and Atlantic Sea Farms in Supplier All-Star Awards 2023

    Insights from 2023 SEG Panel: Equitable Supply Chains in Blue Swimming Crab and Mahi, Drawing from Cocoa Industry LessonInsights from 2023 SEG Panel: Equitable Supply Chains in Blue Swimming Crab and Mahi, Drawing from Cocoa Industry Lesson
    TradoublesTradoubles

    /

    Insights from 2023 SEG Panel: Equitable Supply Chains in Blue Swimming Crab and Mahi, Drawing from Cocoa Industry Lesson

    "Seafood Expo Global 2024 Set to Showcase Extensive Conference Program in Barcelona, Spain" The upcoming Seafood Expo Global 2024, scheduled from April 23rd to 25th in Barcelona, Spain, promises a robust conference lineup. Organized by Diversified Communications, the event will host over 90 renowned international seafood experts across 25 educational sessions. Topics will span critical areas including labor rights, traceability, feed innovation, aquaculture, sustainability, equipment, and artificial intelligence (AI).

    Cermaq to Experiment with Algal Oil in Salmon FeedCermaq to Experiment with Algal Oil in Salmon Feed
    TradoublesTradoubles

    /

    Cermaq to Experiment with Algal Oil in Salmon Feed

    In a recent development, Cermaq Canada has announced its agreement to conduct trials of salmon feed containing algal oil produced by Veramaris. These trials will span multiple farms in British Columbia, signifying a significant step in exploring the potential of this innovative feed option within the salmon farming sector.

    Petition Urges Opening California MPAs for SwordfishingPetition Urges Opening California MPAs for Swordfishing
    TradoublesTradoubles

    /

    Petition Urges Opening California MPAs for Swordfishing

    Blake Herman, a fisherman, is actively pursuing swordfish off the coast of California and seeks permission to access the state's marine protected areas near the Santa Cruz and Santa Barbara islands.

    Norcod's Follow-Up Offering Raises $230,000Norcod's Follow-Up Offering Raises $230,000
    TradoublesTradoubles

    /

    Norcod's Follow-Up Offering Raises $230,000

    Norwegian cod aquaculture firm Norcod has secured NOK 2.5 million (USD 233,000, EUR 215,000) through a subsequent offering following a prosperous private placement.

    Record-Low Canadian Salmon Harvests Plunge to New DepthsRecord-Low Canadian Salmon Harvests Plunge to New Depths
    TradoublesTradoubles

    /

    Record-Low Canadian Salmon Harvests Plunge to New Depths

    Attributed to government-mandated closures in British Columbia, Canada's farmed salmon output has plummeted from its peak of 148,000 tonnes in 2016 to a mere 90,000 tonnes by 2023. This marks the lowest production figure since the dawn of the century.

    Nestlé Purina Partners with Global Sustainable Seafood InitiativeNestlé Purina Partners with Global Sustainable Seafood Initiative
    TradoublesTradoubles

    /

    Nestlé Purina Partners with Global Sustainable Seafood Initiative

    Nestlé Purina, a leading multinational pet food company, announces its partnership with the Global Sustainable Seafood Initiative (GSSI) as a funding partner.

    Shandong Lighthouse Jellyfish Aims to Expand Frozen Oyster Market in the EUShandong Lighthouse Jellyfish Aims to Expand Frozen Oyster Market in the EU
    TradoublesTradoubles

    /

    Shandong Lighthouse Jellyfish Aims to Expand Frozen Oyster Market in the EU

    Shandong Lighthouse Jellyfish Marine Technology Co., a Chinese oyster producer, is targeting the development of a frozen oyster market within the European Union.

    Jiumaojiu Unveils Ambitious Plans for Tai Er Seafood Restaurant Chain's Domestic and International ExpansionJiumaojiu Unveils Ambitious Plans for Tai Er Seafood Restaurant Chain's Domestic and International Expansion
    TradoublesTradoubles

    /

    Jiumaojiu Unveils Ambitious Plans for Tai Er Seafood Restaurant Chain's Domestic and International Expansion

    Jiumaojiu International Holdings Ltd. Announces Strategic Expansion: Targets Opening 100 New Tai Er Restaurants in China and 20 Overseas Locations, Following Last Year's Remarkable Growth of 134 Global Outlets.

    Saudi Arabia Targets Expansion of Seafood Production in 2024 to Satisfy Rising Domestic DemandSaudi Arabia Targets Expansion of Seafood Production in 2024 to Satisfy Rising Domestic Demand
    TradoublesTradoubles

    /

    Saudi Arabia Targets Expansion of Seafood Production in 2024 to Satisfy Rising Domestic Demand

    Saudi Arabia's Fisheries Department Pursues Ambitious Goal: Plans to Elevate Fish Output to 230,000 Metric Tons in 2024 to Address Significant Disparity Between Current Supply and Domestic Demand Through Increased Domestic Production.

    Rising Demand for Plant-Based Seafood Alternatives Among Tourists Surges in JapanRising Demand for Plant-Based Seafood Alternatives Among Tourists Surges in Japan
    TradoublesTradoubles

    /

    Rising Demand for Plant-Based Seafood Alternatives Among Tourists Surges in Japan

    "Japanese Companies Accelerate Launch of Plant-Based Seafood Alternatives, Driven by Health and Sustainability Goals" In a notable shift, Japanese companies are swiftly introducing plant-based seafood analogs into the market, diverging from the motivations observed in the U.S. and Europe. While animal welfare concerns primarily drive vegetarianism trends in the West, Japanese product releases predominantly emphasize health benefits and the conservation of finite fishery resources.

    Tri Ocean Seafood Shifts Focus: Decreases Tuna Reliance, Embraces Value-Added OfferingsTri Ocean Seafood Shifts Focus: Decreases Tuna Reliance, Embraces Value-Added Offerings
    TradoublesTradoubles

    /

    Tri Ocean Seafood Shifts Focus: Decreases Tuna Reliance, Embraces Value-Added Offerings

    The impact of COVID-19 severed direct communication channels between Kaohsiung, Taiwan-based Tri Ocean Seafood and its extensive European clientele. Consequently, Tri Ocean's General Manager, Chi-Ching Huang, faced a clear objective at the 2024 Seafood Expo Global in Barcelona, Spain: navigate the challenges posed by the pandemic and strategize for continued business success.

    Record Low: NOAA Fisheries' List of Overfishing Shrinks to Historic LevelsRecord Low: NOAA Fisheries' List of Overfishing Shrinks to Historic Levels
    TradoublesTradoubles

    /

    Record Low: NOAA Fisheries' List of Overfishing Shrinks to Historic Levels

    In its latest Status of the Stocks report, NOAA Fisheries announced a historic milestone: the number of fish stocks currently being overfished has reached a record low.

    USDA Seeks Bids for Salmon and Catfish Contracts, Deadline Set for May 9thUSDA Seeks Bids for Salmon and Catfish Contracts, Deadline Set for May 9th
    TradoublesTradoubles

    /

    USDA Seeks Bids for Salmon and Catfish Contracts, Deadline Set for May 9th

    The U.S. Department of Agriculture Invites Bids from Seafood Suppliers for Salmon, Catfish, and Walleye Contracts for Domestic Food Distribution Programs, Deadline Set for May 9th.

    Revisions to Label Rouge Expected to Boost Scottish Salmon SectorRevisions to Label Rouge Expected to Boost Scottish Salmon Sector
    TradoublesTradoubles

    /

    Revisions to Label Rouge Expected to Boost Scottish Salmon Sector

    France's government has unveiled alterations to its Label Rouge quality designation, a move welcomed by the Scottish salmon industry as a catalyst for market expansion.

    March 2024 Witnesses Surge in US Shrimp Imports Despite Decline in Shipments from IndonesiaMarch 2024 Witnesses Surge in US Shrimp Imports Despite Decline in Shipments from Indonesia
    TradoublesTradoubles

    /

    March 2024 Witnesses Surge in US Shrimp Imports Despite Decline in Shipments from Indonesia

    In March 2023, U.S. Shrimp Imports Surged to 139.5 Million Pounds, Marking an Increase from 129.5 Million Pounds Recorded in March 2022

    USDA Expands School Meal Guidelines to Include Increased Local Seafood Options; Trident and Channel Fish Secure $21.8 Million in Federal ContractsUSDA Expands School Meal Guidelines to Include Increased Local Seafood Options; Trident and Channel Fish Secure $21.8 Million in Federal Contracts
    TradoublesTradoubles

    /

    USDA Expands School Meal Guidelines to Include Increased Local Seafood Options; Trident and Channel Fish Secure $21.8 Million in Federal Contracts

    Announced by the U.S. Department of Agriculture, fresh child nutrition standards for school meals promise to bolster domestic seafood producers. The finalized rule, released on April 25, 2024, grants schools increased menu planning flexibility, facilitating the procurement of local seafood, alongside mandates for diminished sugar and sodium content. Implementation is slated for gradual introduction during the school years spanning 2025 to 2027.

    Indian Shrimp Sector: A Wealth of Information UnveiledIndian Shrimp Sector: A Wealth of Information Unveiled
    TradoublesTradoubles

    /

    Indian Shrimp Sector: A Wealth of Information Unveiled

    Shrimp Industry Expert Willem van der Pijl Releases Comprehensive 196-Page Guide to Indian Shrimp Sector through Shrimp Insights

    AIPCE-CEP, EAPO, Europeche, and FEAP Join Forces to Establish European Strategic Seafood AllianceAIPCE-CEP, EAPO, Europeche, and FEAP Join Forces to Establish European Strategic Seafood Alliance
    TradoublesTradoubles

    /

    AIPCE-CEP, EAPO, Europeche, and FEAP Join Forces to Establish European Strategic Seafood Alliance

    Representing diverse sectors of Europe's seafood industry, four organizations have united to create the European Strategic Seafood Alliance.

    Grieg Seafood and BAADER Ink NOK 130 Million Equipment AgreementGrieg Seafood and BAADER Ink NOK 130 Million Equipment Agreement
    TradoublesTradoubles

    /

    Grieg Seafood and BAADER Ink NOK 130 Million Equipment Agreement

    Grieg Seafood Enters NOK 130 Million Deal with BAADER for State-of-the-Art Processing Equipment in Oslo Facility

    ASC Commemorates Triumph at Seafood ExpoASC Commemorates Triumph at Seafood Expo
    TradoublesTradoubles

    /

    ASC Commemorates Triumph at Seafood Expo

    Following the Resounding Success of the 2024 Seafood Expo Global, the Aquaculture Stewardship Council (ASC) Marks the Acclaimed Contribution of its Expert Panel, Centered on Advocating for Responsible Aquafeed Practices.

    Research Indicates Fungal Protein Enhances Shrimp Growth and HealthResearch Indicates Fungal Protein Enhances Shrimp Growth and Health
    TradoublesTradoubles

    /

    Research Indicates Fungal Protein Enhances Shrimp Growth and Health

    Recent Study Reveals Shrimp Thrive on Enifer's PekiloAqua Mycoprotein Diet, Demonstrating Faster Growth and Improved Health Compared to Traditional Feeds.

    Trade Experts Sound Alarm: Seafood Industry Ill-Prepared for Food Safety Modernization ActTrade Experts Sound Alarm: Seafood Industry Ill-Prepared for Food Safety Modernization Act
    TradoublesTradoubles

    /

    Trade Experts Sound Alarm: Seafood Industry Ill-Prepared for Food Safety Modernization Act

    In a sobering revelation, trade experts caution that the U.S. seafood sector faces significant readiness challenges in meeting the traceability mandates outlined in the impending implementation of the Food Safety Modernization Act (FSMA), slated for enforcement by 2026.

    Shinkei Revolutionizes Harvesting with Fully Automated Ike Jime MethodShinkei Revolutionizes Harvesting with Fully Automated Ike Jime Method
    TradoublesTradoubles

    /

    Shinkei Revolutionizes Harvesting with Fully Automated Ike Jime Method

    Quebec-based seafood processor, Les Fruits de Mer Madeleine, secures CAD 2 million in government funding for expansion, aiming to bolster snow crab production and enhance facilities.

    Europêche Objects to EU Proposal Ending Fuel Emissions Exemption for Fishing SectorEuropêche Objects to EU Proposal Ending Fuel Emissions Exemption for Fishing Sector
    TradoublesTradoubles

    /

    Europêche Objects to EU Proposal Ending Fuel Emissions Exemption for Fishing Sector

    Europêche urges the European Union to exempt the fishing industry from a directive aimed at reducing carbon emissions across all sectors. The directive, a revision of the 2021 EU Energy Tax Directive, is slated for a vote in the European Parliament this summer. It proposes reduced taxes on carbon-free energy sources to incentivize a transition away from fossil fuels.

    BLUU Seafood Launches Pilot Plant in Germany; Ordinary Seafood Halts Business OperationsBLUU Seafood Launches Pilot Plant in Germany; Ordinary Seafood Halts Business Operations
    TradoublesTradoubles

    /

    BLUU Seafood Launches Pilot Plant in Germany; Ordinary Seafood Halts Business Operations

    Keeping a close watch on advancements in plant-based and cell-based seafood alternatives, BLUU Seafood, headquartered in Berlin, Germany, has inaugurated its inaugural pilot plant in Europe. Situated in the Altona district of Hamburg, the facility spans 2,000 square meters, housing dedicated research, production, and office areas. Specializing in cell-cultivated seafood products, BLUU Seafood focuses on cultivating muscle, fat, and connective tissue cells from Atlantic salmon and rainbow trout. With this new establishment, the company aims to enhance its development capabilities and seize emerging opportunities.

    Chinese Seafood Exporters Stockpile US Dollars Amid Renminbi Depreciation ConcernsChinese Seafood Exporters Stockpile US Dollars Amid Renminbi Depreciation Concerns
    TradoublesTradoubles

    /

    Chinese Seafood Exporters Stockpile US Dollars Amid Renminbi Depreciation Concerns

    "Chinese Seafood Firms Revert to Export Strategy Amid Renminbi Weakness Concerns" As the Chinese renminbi hits a six-year low against the US dollar, executives from multiple Chinese seafood companies, gathered at the 2024 Seafood Expo Global in Barcelona, express growing apprehension over potential further devaluation. In response, these firms are returning to an export-focused strategy to mitigate currency risks at home.

    FDA Rejects Additional Shrimp Imports, Including Batch from Choice Canning; Company Denies InvolvementFDA Rejects Additional Shrimp Imports, Including Batch from Choice Canning; Company Denies Involvement
    TradoublesTradoubles

    /

    FDA Rejects Additional Shrimp Imports, Including Batch from Choice Canning; Company Denies Involvement

    In April, the U.S. Food and Drug Administration (FDA) declined 89 seafood imports, with 15 rejections attributed to the presence of prohibited antibiotics in shrimp shipments. Stay tuned for more details on this regulatory development.

    Salmon Evolution Reports Profit in Q1 2024, Achieving NOK 40 per Kilogram of SalmonSalmon Evolution Reports Profit in Q1 2024, Achieving NOK 40 per Kilogram of Salmon
    TradoublesTradoubles

    /

    Salmon Evolution Reports Profit in Q1 2024, Achieving NOK 40 per Kilogram of Salmon

    In a notable milestone, Norwegian land-based salmon farming company Salmon Evolution has announced its inaugural positive earnings for the first quarter of 2024, marking a significant achievement for the company.

    Kuzuoğlu Group, Turkey's Premier Steelhead Producer, Leverages Size for Competitive EdgeKuzuoğlu Group, Turkey's Premier Steelhead Producer, Leverages Size for Competitive Edge
    TradoublesTradoubles

    /

    Kuzuoğlu Group, Turkey's Premier Steelhead Producer, Leverages Size for Competitive Edge

    In a significant development, Kuzuoğlu Group has solidified its position as Turkey's leading steelhead trout producer, achieving a remarkable production volume of 12,000 metric tons (MT) of whole round steelhead in 2023, marking a notable increase from the 10,166 MT recorded in 2022.

    Amyco Foods, Leading Chinese Tilapia and Golden Pompano Exporter, Eyes Expanded European Market PresenceAmyco Foods, Leading Chinese Tilapia and Golden Pompano Exporter, Eyes Expanded European Market Presence
    TradoublesTradoubles

    /

    Amyco Foods, Leading Chinese Tilapia and Golden Pompano Exporter, Eyes Expanded European Market Presence

    In her sales approach to potential buyers interested in purchasing tilapia from Hainan, China-based Amyco Foods, Director Yuhong Yang adopts a direct tone. Highlighting the quality, abundance, and affordability of Chinese tilapia, Yang contrasts it with the limited supply and higher prices from competitors like Brazil and Vietnam.

    NOAA Fisheries Advances Draft of Aquaculture Economic Development Plan, Gaining Support from IndustryNOAA Fisheries Advances Draft of Aquaculture Economic Development Plan, Gaining Support from Industry
    TradoublesTradoubles

    /

    NOAA Fisheries Advances Draft of Aquaculture Economic Development Plan, Gaining Support from Industry

    tronger America Through Seafood (SATS), a leading advocate for the U.S. aquaculture sector, has thrown its support behind NOAA Fisheries' groundbreaking aquaculture economic development plan. This initiative marks a pivotal step in NOAA's comprehensive update of the National Aquaculture Development Plan, the first revision in over four decades.”

    Japanese Food Giants Unite for SUSHI-TEN USA ExpansionJapanese Food Giants Unite for SUSHI-TEN USA Expansion
    TradoublesTradoubles

    /

    Japanese Food Giants Unite for SUSHI-TEN USA Expansion

    In a strategic move to expand their presence in the United States, Japanese companies Royal Holdings Co., Choushimaru Co., and the Sojitz Corporation are teaming up to launch a joint venture named SUSHI-TEN USA.

    Kingfish Company Nears Profitability MilestoneKingfish Company Nears Profitability Milestone
    TradoublesTradoubles

    /

    Kingfish Company Nears Profitability Milestone

    According to its most recent report, The Kingfish Company, operating a RAS facility in the Netherlands specializing in seriola production, has significantly decreased its per kilogram loss during the first quarter of 2024 compared to the corresponding period last year.

    Singapore Regulatory Shift Fuels Surge in Japan's Pufferfish ExportsSingapore Regulatory Shift Fuels Surge in Japan's Pufferfish Exports
    TradoublesTradoubles

    /

    Singapore Regulatory Shift Fuels Surge in Japan's Pufferfish Exports

    Amidst a recent regulatory modification, Japanese exports of pufferfish to Singapore have witnessed a notable surge. However, stringent restrictions persist, particularly in markets such as the U.S., where the product remains tightly controlled.

    Q1 2024 Sees 27% Decline in Global Fishmeal Production, Optimistic Outlook for Remainder of YearQ1 2024 Sees 27% Decline in Global Fishmeal Production, Optimistic Outlook for Remainder of Year
    TradoublesTradoubles

    /

    Q1 2024 Sees 27% Decline in Global Fishmeal Production, Optimistic Outlook for Remainder of Year

    In the opening quarter of 2024, global fishmeal production witnessed a notable drop of around 27% when contrasted with figures from the corresponding period in 2023.

    NGO Coalition Slams Draft Standard for Farmed Salmon by Best Aquaculture Practices, Accusing it of GreenwashingNGO Coalition Slams Draft Standard for Farmed Salmon by Best Aquaculture Practices, Accusing it of Greenwashing
    TradoublesTradoubles

    /

    NGO Coalition Slams Draft Standard for Farmed Salmon by Best Aquaculture Practices, Accusing it of Greenwashing

    Over 70 Environmental, Animal Welfare, and Community Groups from 18 Countries Condemn Global Seafood Alliance's Best Aquaculture Practices Certification Standard, Accusing it of Greenwashing Industrial Salmon Farming

    Former 'Crab King' Sentenced by Russian Court Despite Reported Death in 2023Former 'Crab King' Sentenced by Russian Court Despite Reported Death in 2023
    TradoublesTradoubles

    /

    Former 'Crab King' Sentenced by Russian Court Despite Reported Death in 2023

    The Primorsky Regional Court Hands 17-Year Prison Sentence to Former 'Crab King' Oleg Kan on Murder-for-Hire Charges, Despite Previous Reports of His Death

    Aquaculture Vietnam 2024 Registration Now Open OnlineAquaculture Vietnam 2024 Registration Now Open Online
    TradoublesTradoubles

    /

    Aquaculture Vietnam 2024 Registration Now Open Online

    Pre-registration commences for Aquaculture Vietnam 2024 Conference, set to elevate industry standards with an impressive exhibitor roster and engaging program lineup.

    Seafood Future Sparks Debate Among Industry ExpertsSeafood Future Sparks Debate Among Industry Experts
    TradoublesTradoubles

    /

    Seafood Future Sparks Debate Among Industry Experts

    Mission Kitchen Launches Tomorrow’s Table Series with Symposium on Future of Fish

    Japanese Yellowtail Producers Transitioning to Pellet-Based Feed from Raw FishJapanese Yellowtail Producers Transitioning to Pellet-Based Feed from Raw Fish
    TradoublesTradoubles

    /

    Japanese Yellowtail Producers Transitioning to Pellet-Based Feed from Raw Fish

    Shift in Japanese Yellowtail Amberjack Farming: Transitioning from Raw Fish to Pelleted Feed for Quality Assurance and Consumer Preference

    Australian Seafood Industry Launches Sustainability Initiative to Captivate Western MarketsAustralian Seafood Industry Launches Sustainability Initiative to Captivate Western Markets
    TradoublesTradoubles

    /

    Australian Seafood Industry Launches Sustainability Initiative to Captivate Western Markets

    In a strategic shift from its traditional focus on serving Asian markets, the Australian seafood industry has embarked on a significant expansion into the lucrative realms of the U.S., Canada, and Europe. This move comes in response to evolving consumer preferences in these regions, marking a pivotal moment in the industry's global outreach efforts.

    Week 18 of 2024 Witnesses 8% Surge in Norwegian Salmon PricesWeek 18 of 2024 Witnesses 8% Surge in Norwegian Salmon Prices
    TradoublesTradoubles

    /

    Week 18 of 2024 Witnesses 8% Surge in Norwegian Salmon Prices

    In week 18 of 2024, the average per-kilogram price of Norwegian salmon saw a notable increase, reaching NOK 127.06 (USD 10.82, EUR 10.07). This marks a significant rise of 7.7 percent from the previous week's NOK 117.95 (USD 10.81, EUR 10.06).

    Lobster Hatchery Innovators Unite ForcesLobster Hatchery Innovators Unite Forces
    TradoublesTradoubles

    /

    Lobster Hatchery Innovators Unite Forces

    Ocean on Land Technology Forges Strategic Licensing Pact with Northbay Innovations to Elevate Global Lobster and Crustacean Hatchery Solutions