Archive for May 2019
Salmon demand ‘not what it used to be’
DEMAND for salmon is not what it used to be, with falling prices accompanying low supply growth, said DNB Bank seafood analyst Alexander Aukner yesterday. In an eve of exhibition seminar, held in Brussels by DNB and the commodity exchange Fish Pool, he told an audience drawn from across the industry that he saw the…
Read MoreBakkafrost posts lower Q1 profit
THE Faroese salmon farming group Bakkafrost today announced a first quarter operating profit (EBIT) of 267.7 million Danish kroner (£30.6 million), marginally lower than the same period 12 months ago. Harvest volumes, however, were up from 12,200 tonnes to 13,700 tonnes this year. The company said that while salmon spot prices had picked up since the…
Read MoreRecord month for Norwegian salmon
APRIL has proved to be another outstanding month for Norway’s salmon and trout farmers, with exports continuing their relentless and impressive rise. Thanks to strong global demand, sales of salmon hit a record at 86,000 tonnes and were worth NOK 6.2 billion (£540 million), a volume rise of 17 per cent and an increase in value of…
Read MoreBrand new look for Scots smoker
LUXURY smoked salmon producer John Ross Jr will reveal its new brand identity and packaging at this year’s Seafood Expo Global in Brussels. In contrast to the black and gold packaging that the award winning smokehouse claims has been widely copied by other producers, John Ross has introduced a contemporary white design. This, said the…
Read MoreBrussels launch for logistics firm
A NEW seafood logistics company is to be launched at Seafood Expo Global in Brussels this week, offering Scottish fish and shellfish processors an overnight distribution service to mainland Europe. Irish seafood haulier O’Toole Transport and Luxembourg based refrigerated distribution specialist John Driege have joined forces to create JDOT Logistics, which will be based at…
Read MoreScottish seafood’s blueprint for growth
SCOTLAND’S seafood industry has launched a growth blueprint that includes strategies for better marketing, access to funding, improving skills and building processing capacity. The 18-point ‘action plan’ has been launched on the eve of the world’s biggest seafood show, beginning in Brussels on Tuesday, with Scottish companies and seafood representatives expected to be out in…
Read MoreNew diet ‘cures lumpfish cataracts’
FEED maker BioMar said it has eliminated the common problem of cataracts in lumpfish with a specially formulated diet. Cataracts affect at least 60 per cent and as much 100 per cent of lumpfish, clouding the lens of the eye which reduces vision and in serious cases will lead to blindness. The cleaner fish species…
Read MoreMowi may move processing to Skye
MOWI has a ‘once in a lifetime’ opportunity to build a state-of-the-art fish processing facility in Scotland, according to managing director Ben Hadfield. The preferred option is to construct a new factory on Skye, on the site of the company’s new feed plant in Kyleakin. With bumper harvests expected this year and a long-term strategy…
Read MoreJapanese giant buys Grimsby processor
THE Japanese seafood giant Nissui has acquired a controlling interest in Flatfish, the award winning Grimsby based fish processing business. Nissui is a worldwide leader in fish, particularly farmed salmon, with operations in Chile, where it owns a salmon and trout aquaculture business. It also has extensive interests in the United States, and in Europe…
Read MoreMowi addresses gender pay gap
SCOTLAND’S biggest salmon farmer, Mowi, said it is working towards closing the gender pay gap among its staff. The company’s human resources manager, Joanna Peeling, told Mowi’s May newsletter that they have equal pay for work of equal value, rewarding staff for the role not their gender. The company recently published statistics on its gender…
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