Archive for June 2020
Salmon prices take a hit
Salmon prices across producing countries in the northern hemisphere are falling sharply, wiping out many of the the gains made just a few weeks ago. In Norway from a high of NOK 63 a kilo in late May, they were down by NOK 10 to NOK 53 a kilo this week with predictions of further…
Read MoreBakkafrost orders new wellboat
BAKKAFROST has ordered a new carbon friendly wellboat with a capacity to hold 1,000 tonnes of salmon. The Faroe Islands fish farmer says the investment is part of the company’s strategy to produce large quantities of sustainably farmed fish. Designed by the leading Danish company Knud E, Hansen and to be built at the Sefine…
Read MoreNew £1.25 million fund to support aquaculture announced
Aquaculture businesses affected by the collapse of international markets due to the coronavirus (COVID-19) pandemic can apply to cover the costs of maintaining unsold stock through a new £1.25 million fund. The scheme, which is being funded by the European Maritime and Fisheries Fund, will support businesses by compensating for the costs of transport, processing…
Read MoreSeafood Pub Co latest covid victim
THE Seafood Pub Company, which owned a chain of award winning fish gastro pubs across Lancashire and Yorkshire, has gone into administration, partly as a result of the Covid-19 crisis. Jocelyn Neve, founder of the business ten years ago said she was truly heartbroken to have appointed administrators, particularly for her staff. Employing more than…
Read MoreScottish Sea Farms pay back furlough funds
Scottish Sea Farms has announced that it will repay all money received from the UK Government’s Coronavirus Job Retention Scheme as markets re-open and business performance begins to show signs of bouncing back. The company will pay back in full the furlough scheme funding, which provided vital support at the start of the COVID-19 restrictions,…
Read MoreBeijing gives salmon covid all clear
SALMON is not the source of a new Covid-19 outbreak in Beijing, Chinese authorities have declared. The announcement will come as a huge relief to fish farming companies in Scotland, Norway and the Faroe Islands who all export to China, because once a particular food or product becomes the subject of a scare the impact…
Read MoreCounted While Treated for Sealice
VAKI‘s high-resolution scanning cameras and robust image regognition technology helps aquaculture farmers count fish with upwards of 99% accuracy. Strong Focus on Development VAKI has always put a great deal of emphasis on development work, with over a third of their employees in their HQ in Iceland work on product development, both in innovation and…
Read MoreNorwegian Gannet owner claims court victory
THE owners of the salmon slaughter ship Norwegian Gannet have won a major part of their long running processing dispute with the Norwegian fishery authorities. Bergen District Court yesterday delivered its judgement largely in favour of the Danish based Hav Line following a hearing last month, conducted in part by video link. Hav Line is…
Read MoreChinese salmon case sends industry shockwaves
SEAFOOD shares on the Norwegian Stock Market fell last night following reports that a number of supermarkets in the Chinese capital Beijing have removed salmon from their counters after a chopping board at a wholesale market used to portion the fish was found to be infected with coronavirus. Mowi stocks were down by 5.2 per…
Read MoreOslo backs down on salmon tax shareout
THE Norwegian government appears to have relented to pressure and agreed to pay the country’s fish farming communities millions of kroner extra under its new salmon tax plans. Last week in an unprecedented revolt up to 70 regional mayors protested to Oslo that its new proposals would leave them at least a billion kroner worse…
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