Archive for November 2020
Ice Fish Farm turns loss into profit
Ice Fish Farm, the Icelandic salmon producer which became the subject of a major share deal earlier this week, has announced a dramatic turnaround in financial performance during the third quarter of this year, its latest figures show. The business, which is a holding company within the larger Fiskeldi Austfjarði group, reported an operating EBIT…
Read MoreRS Aqua provide real time current data to salmon farms
RS Aqua has supplied the first real-time current profiler into Scotland for use with Innovasea’s real-time Aquaculture Intelligence system. The profiler is a Nortek Aquadopp Acoustic Doppler Current Profiler (ADCP). Nortek ADCPs are world leading, but are generally deployed independently and record data internally. Innovasea’s system streams data to the salmon farm manager’s phone or…
Read MoreCooke Aquaculture Scotland saw revenue up, profits down in 2019
Cooke Aquaculture’s Scottish arm saw increased revenue during 2019 but a 17 per cent drop in profits, the company’s accounts for last year show. The 2019 accounts, filed on 20 November at Companies House, show that Cooke Aquaculture Scotland recorded £169.3 million during the calendar year 2019 (2018: £151.7 million), an increase of 11 per…
Read MoreLoch Duart named as ‘inspiring’ business
Independent salmon farmer Loch Duart has been named as one of Britain’s most inspiring companies by the London Stock Exchange Group (LSEG). Mark Warrington, managing director with Loch Duart, said: “Being named a London Stock Exchange Group’s ‘Company to Inspire Britain’, is a huge honour for Loch Duart. We aim to produce the highest quality…
Read MoreBaader sets up French operation
Food processing machinery manufacturer Baader is opening a subsidiary in Nantes, France. The new company, Baader France, will serve both the fish and poultry processing sectors and will be supported by a sales force in Boulogne-sur-Mer. Previously, Baader was represented in France by Mondial Navys, which was Baader’s official distributor. Petra Baader, executive chairwoman Baader…
Read MoreNorway Royal Salmon share deal paves way for Iceland tie-up
A larger and more powerful Icelandic salmon farming operation looks set to emerge following a financial restructuring in Oslo. The Norwegian transport and aquaculture services group NTS is increasing its stake in Norway Royal Salmon (NRS) after selling its shares in the company which owns the Icelandic salmon farmer Ice Fish Farm. In return, the…
Read MoreVAKI provides flexible service options for clients
Market Leading Customer Care Package The Customer Care Package (CCP) provides registered customers benefits including preferential service, free updates and exceptional discounts on new software and hardware upgrades. “Another big benefit of the CCP are the routine service checks, during which we log into the counters to check the software is up to date and…
Read MoreDamen launches converted feed carrier vessel
Netherlands-based shipyard group Damen has completed its conversion of a platform supply vessel into a feed carrier. The converted vessel, Eidsvaag Opal, will be operated by Norwegian company Eidsvaag on behalf of feed groups Skretting and Cargill. The conversion was carried out by Damen Shiprepair Amsterdam (DSAm) and involved extending the vessel length by 5…
Read MoreGrieg could raise up to £125m from Shetland sale, analysts say
The sale of Grieg Shetland could net the parent company up to £125 million, analysts in Oslo are predicting. They put the price on Grieg Seafood’s Scottish operations at between a billion and 1.5 billion kroner – and possibly more if there is a bidding war. Danske Bank Markets analyst Ivar Bakken said Norskott Havbruk…
Read MoreFish farm fire sparks mass escape
At least 50,000 salmon have escaped into the wild following a fire at fish farm in southern Tasmania. Huon Aquaculture said the fire broke out late last night (UK time), melting part of the pen and allowing the fish to slip through into the open sea. \”The fire damaged approximately a third of a pen,…
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