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Takeover closes lid on Coffin Bay oyster firm
Listed Coffin Bay oyster company Angel Seafood has ceased trading on the Australian Securities Exchange after its takeover by Queensland agribusiness fund managers Laguna Bay was formally approved.
Listed Coffin Bay oyster company Angel Seafood has ceased trading on the Australian Securities Exchange after its takeover by Queensland agribusiness fund managers Laguna Bay was formally approved.
Seafood company Yumbah Aquaculture is pushing ahead with a multi-million dollar expansion plan at its Kangaroo Island abalone farm in the wake of a State Government decision to reject a timber port planned next door to its Smith Bay site.
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The first major shipments of South Australian kingfish are headed for American meal kit customers following a deal earlier this year between Clean Seas Seafood and Norwegian Atlantic Salmon processor Hofseth Group.
Australian farm produce and seafood worth about $3 billion will continue to be exported on special flights until at least the end of the year.
A second large-scale reef system will be developed in South Australia’s Gulf St Vincent to improve water quality and revive wild native oyster populations.
The humble Leatherjacket is a perennial thorn in the side of many recreational fishermen in Australia with its unicorn-like head spike and annoying habit of getting in the way of more sought after species. But a South Australian company better known for exporting Southern Rock Lobster is forging a niche in the massive Chinese seafood market with the colourful fish.