Archive for February 2021
Seafood Disruption Scheme draws fire
The UK government’s compensation for seafood businesses affected by the twin challenges of Brexit and the Covid-19 pandemic opened for applications this week, amid criticisms that it excludes many of those worst affected. The UK-wide Seafood Disruption Support Scheme will provide up to £23m in financial assistance to businesses that suffered a financial loss because…
Read MoreKingfish says sales and production are on track
Less than three months after making its debut on the Oslo Stock Exchange, the Kingfish Company says it is on track with its development in the United States and in its home country of the Netherlands. Delivering its first market update since the Oslo launch in late November, CEO Ohad Maiman said the company had…
Read MoreMowi’s Canadian arm ‘must destroy smolts’
Mowi is being forced to destroy 8.3 million salmon smolts worth almost CAN $200m on the North Campbell River area of British Columbia , the company says. The drastic action follows the government’s decision in December to phase out salmon farming on the Discovery Islands, British Columbia (BC) following protests from indigenous and sports fishing…
Read MoreFarmers challenge Norway’s ‘traffic light’ scheme
A major civil court case has opened to test the legality of Norway’s controversial fish farming traffic light scheme. Expected to last up to two weeks, the hearing was triggered by 25 salmon and trout companies, mostly based in the south west of the country, who claim not only that they are being robbed of…
Read MoreCatamaran workboat delivered to Arctic Fish
Icelandic salmon farmer Arctic Fish has taken delivery of its first workboat from Faroese boatbuilder KJ. The vessel, Tannanes, is a KJ 1500-800 model and will be located on the Westfjords of Iceland. Tannanes is the sixth catamaran bult by KJ for an Icelandic customer. It is fitted with two Iveco Cursor C9-380 marine engines,…
Read MoreConstruction starts on Proximar’s Mount Fuji project
Israeli company AquaMaof Aquaculture Technologies has started work on Proximar Seafood’s land-based salmon farm in Japan. AquaMaof worked with Proximar on the design of the facility, which will include a hatchery, nursery, and full grow-out areas, as well as management, operational and processing zones. The farm will make use of RAS (recirculating aquaculture systems) technology…
Read MoreSeafood export taskforce set to meet this week
The first meeting of the taskforce set up to deal with post-Brexit problems for the Scottish seafood industry is due to take place this week, but it has already been overshadowed by friction between the UK and Scottish governments over how to handle the issue. The group will be hosted by the Office of the…
Read MoreFish farmers in second plea to Trudeau
Canada’s fish farmers have sent an open letter to Prime Minister Justin Trudeau stressing the vital role aquaculture is playing in promoting his low carbon economic recovery strategy. This is the second time in less than a month the Canadian Aquaculture Industry Alliance has written to Trudeau and follows the controversial decision by Fisheries Minister…
Read MoreAquaBounty set to raise $110.5m in latest share issue
AquaBounty, the US-based salmon farmer, is planning to raise a further $110.5m through the latest in a series of share issues. The company, which is looking to produce the first commercially available genetically modified (GM) salmon, is issuing 13 million shares on the Nasdaq stock market, priced at $8.50 per share. The offering is expected…
Read MoreUS seafood demand shifts from salmon to whitefish
Much of the $200bn Americans used to spend in restaurants each year is now being transferred to the nation’s kitchens, new data from the Norwegian Seafood Council suggests. The trend appears to have favoured whitefish like cod and haddock, at the expense of salmon, although frozen salmon sales have held up. Anne-Kristine Øen, the Seafood…
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