Archive for March 2021

Australia’s second largest salmon farmer, Huon Aquaculture, confirmed it has received “unsolicited approaches” after announcing half year losses. The company attributed the losses to the coronavirus pandemic. The Tasmania-based business suffered a statutory loss of AUS $95.3m (£52.9m), including a non-cash impairment charge of $79.9m (£44.3m) after tax for the six months to 31 December…

Norway’s Salmon Evolution has finally put pen to paper and signed a deal with the South Korean fisheries giant Dongwon Industries to build a 20,000 tonne land-based aquaculture facility. The project will be built on the country’s east coast in Yangyang county in the province of Gangwon, not far from the border with North Korea.…