The company’s lawsuit challenges the federal government’s decision to deny aquaculture licenses for salmon farms in British Columbia’s Discovery Islands
‘(The) current income from the sale of shrimp does not cover operating and overhead expenses, and, in (the) receiver’s opinion, the receivership entities cannot survive as a going concern without additional capital or debt’ — recent filing in Utah federal court
‘I feel victorious and that has nothing to do with fiscal outcomes or anything else. It’s just being proud to build something and having an outcome where staff continue their job, and the species you develop continues’ — Joe Cardenas, founder, Aquaco
‘Our Newfoundland and Labrador farming division, Cold Ocean Salmon, always has ongoing operations to replace, repair, remove and recycle cages. It’s how responsible fish farming is done’ — Joel Richardson, Cooke
Harvesters and processors of domestically-caught and raised shrimp in the US can’t follow the same script as Europe when it comes to marketing, suggests aquaculture consultant Philip Buike