Archive for February 2019
Royal results for Norway farmer
NORWAY Royal Salmon (NRS) today reported the highest operational EBIT (earnings before interest and tax) in the history of the company for both the final quarter of 2018 and the full financial year. The fourth quarter EBIT was 232 million kroner, representing an EBIT per kg of NOK 17.73. The corresponding figures for the same…
Read MoreGlobal roll out of land based salmon
A PIONEERING land based salmon farming company has announced plans to expand its operations in the US with its largest facility to date. Pure Salmon said its new site will be based in Tazewell County, Virginia, with a production target of 20,000 tonnes a year. The project, backed by $20 million from local development agencies,…
Read MoreBiggest prawn farm plan ‘on track’
PLANS to build the world’s largest prawn farm are on target, the head of the company behind the project said. Project Sea Dragon is a (Australian) $1.5 billion development by the Seafarms Group, one of Australia’s largest aquaculture companies. Phased over the next seven years, it will be built on a site the size of…
Read MoreNow Nordic plans huge California farm
NORDIC Aquafarms, the company building the world’s largest land based salmon farm in the US state of Maine, is planning another major development in California. According to report in the Maine based Bangor Daily News, the Humboldt Bay Harbor, Recreation and Conservation District in California and a subsidiary of a Norwegian company called California Marine…
Read MoreInsect farming could take off in Scotland
SCOTLAND could lose out on becoming a major player in the emerging insects for feed sector if it doesn’t engage with the opportunities soon. The country is well placed to become a leader in the field, with its large aquaculture industry, a day-long conference in Edinburgh heard yesterday. Organised by Zero Waste Scotland, the event…
Read MoreFish Update Briefing, Friday, February 8
GRIEG INVESTS IN NEW LOW CARBON PLANTS GRIEG Seafood is to buy four new battery powered hybrid plants for its feed vessels as it looks to increase its environmental footprint by cutting down on diesel use. The plants, which hugely reduce diesel generator operations, have been specially developed by Fjord Maritime, based in Bergen, with…
Read MoreHolyrood hears salmon farm defence
BIG landed interests have been attacking the salmon industry in Scotland for many years and their portrayal of the sector was unrecognisable, said Shetland MSP and former Liberal Democrat leader Tavish Scott. Speaking in a debate in the Scottish parliament today on the future of salmon farming, Scott said islands such as Unst and Yell…
Read MoreAwards celebrate fishing industry
NOMINATIONS are still open for the annual Fishing News awards, which celebrate the commitment, skills and innovation of the commercial fishing industry. Open to all fishermen, processors, ports and businesses across the UK and Ireland, the deadline for entries is Tuesday, February 12. The awards recognise excellence across 14 categories, including Young Fisherman of the…
Read MoreNorway warning over UK fish sales
THE Norwegian Seafood Council has urged exporters to send as much fish to the UK before Brexit Day, due on March 29, in case extra customs checks are imposed, leading to chaos. With the prospect of a no deal increasing, the fear is that Norwegian suppliers will also face higher costs and hold-ups. Interestingly, the…
Read MoreClash expected over salmon farms’ future
THE Scottish Greens are still calling for a moratorium on new fish farms despite a lengthy parliamentary inquiry concluding that there was no evidence to support a ban on expansion. Ahead of a debate today in Holyrood, where MSPs will discuss the findings of the Rural Economy and Connectivity (REC) committee, Green MSP John Finnie…
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