Archive for November 2020
AKVA Q3 revenue grows year on year
Aquaculture technology services provider AKVA group has reported revenue for Q3 of NOK 806 million (Q3 2019: NOK 771 million), an increase of 4%. EBITDA for the group decreased from NOK 115 million in Q3 2019 to NOK 105 million in Q3 2020. Net Profit was down from NOK 42 million last year to NOK…
Read MoreFeed group BioMar reports increased revenue
Aquaculture feed group BioMar has reported an increase in revenue and volume sold for its products in the third quarter of this year. Revenue for Q3 was DKK (Danish kroner) 6,060 2019 Q3: DKK 5,872 million) Pre-tax profit was down slightly year-on-year, at DKK 391 million (2019: DKK 411 million). Pre-tax profit for the year…
Read MoreFood and industry chiefs in Brexit plea
The Scottish Salmon Producers Organisation has joined with other leading bodies in the country’s food and drink sector in a plea to the Prime Minister for more time to deal with the impact of Brexit. In an open letter to Boris Johnson the industry chiefs express concern that uncertainty over Brexit is compounding pressures on…
Read MoreScottish Sea Farms makes case for Wester Ross site
Scottish Sea Farms says that its proposed facility off Wester Ross will take full account of the needs of the Wester Ross marine protected area (MPA). Responding to an objection lodged by the Scottish Wildlife Trust, Scottish Sea Farms’ managing director Jim Gallagher said: “It’s absolutely right that sensitive habitats and species be protected and…
Read MoreJCS Fish joins sustainable supplier platform
Salmon specialist JCS Fish of Grimsby has been listed on the FishChoice platform, joining a growing number of seafood suppliers who are choosing to highlight the sustainability of their products by offering transparency in their supply chains. FishChoice matches sustainability information to supplier’s seafood products. It was founded eight years ago in the US but…
Read MoreEuropean Federation elects first female president
Lara Barazi-Yeroulanos has been elected as president of the Federation of European Aquaculture Producers (FEAP). She is CEO and president of the board of Kefalonia Fisheries, based in Kefalonia, Greece. Barazi-Yeroulanos holds a Master’s degree in Public Policy & International Trade and Finance from the Kennedy School of Government/Harvard University and a BA in Economics…
Read MoreLobby group objects to Wester Ross farm plan
The Scottish Wildlife Trust has objected to Scottish Sea Farms’ proposed fish farm development off Wester Ross, north-west Scotland. The company has applied to the Scottish Environmental Protection Agency (SEPA) for a licence to site a 12-cage salmon farm close to Horse Island in the Summer Isles. The Trust, a not-for-profit organisation, says it is…
Read MoreNorwegian salmon exports hit record level
Norway exported 120,000 tonnes of salmon during October. Converted into whole fish, the volume was 138,674 tonnes which is the highest export volume yet for a single month. Low prices meant the value at NOK 6.5 billion (£527 million) fell by NOK 124 million (£10.1m), down two per cent compared with October last year. The…
Read MoreMowi Q3 results show high volumes, lower earnings
Mowi Scotland continued to be affected by a series of biological problems during the third quarter of this year, it emerged today – but improvements are on the way. The world’s largest farmed salmon producer has published its Q3 results which show, as expected, it achieved a global EBIT of €80 million, against €148 million…
Read MoreBenchmark Genetics signs ova deal with AquaCon
The Iceland arm of Benchmark Genetics has signed a five-year contract to supply salmon ova to fish farmer AquaCon in the US. The contract involves deliveries of genetics to the land-based facilities that AquaCon are planning to build in Maryland, with around 40 million ova due to be delivered over the five-year period. The farm…
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