Archive for November 2020
Iceland Seafood invests in Ireland
Iceland Seafood International (ISI) last night completed the acquisition of the specialist Irish smoked salmon products company Carr & Sons in a deal worth almost £6 million. The official purchase price is €6.5 million or 1 billion Icelandic kroner (ISK). In parallel with the acquisition of Carr & Sons, Iceland Seafood has also acquired a…
Read MoreFish farming antibiotic targets are maintained
The UK’s farming sector has achieved many of its targets in the reduction of antibiotics use, and aquaculture is one of the success stories. That’s the message from the Responsible Use of Medicines in Agriculture Alliance (RUMA), which has reset some of its targets upwards. In an announcement marking European Antibiotic Awareness Day, RUMA published…
Read MoreWahnish steps down from Benchmark Holdings board
Benchmark Holdings has announced that non-executive board member Hugo Wahnish is to resign. Wahnish has held a board position at the aquaculture genetics, health and advanced nutrition company since November 2017. He will be leaving on 9 February 2021. The company’s announcement credits him with playing “a significant role” in Benchmark’s transformative period as it…
Read MoreGrieg hopes for speedy Shetland sale
Grieg Seafood has assured the 160 plus staff who work at its Shetland base that operations will continue as normal until the review on its future is completed – possibly before the end of next year. The Norwegian fish farming company, which announced a third quarter group loss yesterday, sent shockwaves around the community when…
Read MoreGreen bonds can solve feed dilemma, report says
Green (or blue) finance could help fish farmers make the transition from fish-based feed to more sustainable alternatives, according to a report from not-for-profit think tank Planet Tracker. Feed represents the aquaculture sector’s biggest operational cost, and it is also one of the sector’s most pressing sustainability issues, with concerns that the traditional sources of…
Read MoreStandard for seafood processors is updated
The global standard setting out good practice for seafood processing has been updated to provide more clarity on food safety measures. The latest edition of the Seafood Processing Standard (SPS), published yesterday, is part of the Best Aquaculture Practices (BAP) third-party certification programme. All operators seeking cerification under the programme must comply with the new…
Read MoreGrieg set to quit Shetland
Grieg Seafood is set to pull out of Shetland, the company said in a shock announcement today. Publishing its third quarter results, in which it announced a loss, the company confirmed a decision announced in September that it was closing its operations on the Isle of Skye. Then it dropped the bombshell that the company…
Read MoreBoost for Iceland\’s aquaculture education
One of Iceland’s leading universities has received a major grant to help develop vocational training in aquaculture. The ISK 46 million award to the University of Akureyri in the north of the country has come from Erasmus +, a European Union programme set up to support education and training for young people. Although Iceland is…
Read MoreBoost for Iceland\’s aquaculture education
One of Iceland’s leading universities has received a major grant to help develop vocational training in aquaculture. The ISK 46 million award to the University of Akureyri in the north of the country has come from Erasmus +, a European Union programme set up to support education and training for young people. Although Iceland is…
Read MoreNorway Royal Salmon, MNH call off merger talks
Merger talks between two of Norway’s leading salmon farming companies have been called off. In a surprise Oslo Stock Exchange announcement at the weekend Norway Royal Salmon and NTS subsidiary Midt Norsk Havbruk (MNH) said negotiations had been abandoned and they would continue as two separate businesses. Discussions began little more than a month ago…
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