Archive for February 2020
Scottish salmon exports soar to £618m
SCOTTISH farmed salmon exports were worth a record £618 million in 2019, up 22 per cent on the previous year, according to new figures published today. The tonnage exported also increased, by 26 per cent to more than 94,000 tonnes. Exports grew in 17 of the top 20 markets, with France, the US and China remaining the biggest destinations.…
Read MoreYoung\’s modernises pack designs
YOUNG’S Seafood has begun a major overhaul of its pack designs for the first time in many years in order to attract a younger and more socially aware section of society. The format has been launched by Britain’s largest seafood business today across its £62 million core range of products. The redesign represents further investment in the Young’s…
Read MoreYoung\’s modernises pack designs
YOUNG’S Seafood has begun a major overhaul of its pack designs for the first time in many years in order to attract a younger and more socially aware section of society. The format has been launched by Britain’s largest seafood business today across its £62 million core range of products. The redesign represents further investment in the Young’s…
Read MoreAsset sale boost for Norway Royal Salmon
NORWAY Royal Salmon today reported lower margins for both the final quarter last year and for the whole of 2019. But the results are generally seen as reasonably satisfactory and the company benefited considerably from the substantial asset sale of its southern Norwegian business to local fish farming companies. The company announced a Q4 operational EBIT of…
Read MoreRussia slams brakes on \’salmon train\’ project
PLANS to launch a ‘salmon train’ service carrying seafood from Norway into the heart of China have been postponed because of problems with the Russian authorities. Due to have started this month, the 6,500km (4,000 mile) route from Narvik to Xi’an via Finland and Moscow would have been one of the world’s longest rail freight journeys. But the Norwegian magazine…
Read MoreRussia slams brakes on \’salmon train\’ project
PLANS to launch a ‘salmon train’ service carrying seafood from Norway into the heart of China have been postponed because of problems with the Russian authorities. Due to have started this month, the 6,500km (4,000 mile) route from Narvik to Xi’an via Finland and Moscow would have been one of the world’s longest rail freight journeys. But the Norwegian magazine…
Read MoreBrexit deal may place ‘huge burden’ on salmon sector
BORIS Johnson’s non-alignment Brexit deal is likely to place huge unnecessary burdens on the salmon sector, the Scottish Salmon Producers’ Organisation (SSPO) has claimed. Under government plans to pursue a loose arrangement with the EU, it is feared salmon exports will need Export Health Certificates (EHCs) after the end of this year, when the transition…
Read MoreFeed company to go local with soy supplies
DANISH feed company Aller Aqua is to phase out the use of South American soya and focus on purchasing from regional markets closer to its factories. The company’s four European factories will buy only locally produced soya, said Aller Aqua today, adding that its aim is to have a minimal environmental impact. ‘In recent years,…
Read MoreUK’s leading aquaculture show sold to Diversified
THE UK’s biggest aquaculture exhibition, Aquaculture UK, has been bought by Diversified Communications, the events company behind the Brussels and Boston seafood shows. Current owner, 5M Enterprises, said Aquaculture UK 2020 and the Aquaculture Awards 2020 will continue to be managed by the 5M team for the next event, in Aviemore from May 19-21. ‘The…
Read MoreAKVA group reports ‘significant’ losses for Q4
AQUACULTURE equipment supplier AKVA said that its Q4 losses would be ‘significant’, at below minus NOK 100 million (£8.3 million). Updating the notice it issued to the Oslo stock exchange in January, when it said the preliminary EBIT for Q4 would be in the range of minus NOK 25 to 30 million, the company revealed…
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