Archive for April 2021
Live demonstrations, made to measure
STEEN has equipped itself with a state-of-the-art demonstration area. Due to Covid-19 and worldwide regulations, STEEN still makes it possible for the customer to see its machines in action. A live, online presentation will be dedicated to the customer’s needs, where they can see the desired machines processing their desired products and all questions will…
Read MoreReport counts urban cost of BC farm closures
An economic analysis commissioned by the salmon industry in British Columbia has found that hundreds of urban jobs are also at risk as a result of the Canadian government’s decision to close salmon farms in the Discovery islands region. The report, from independent consultants RIAS, analysed the economic importance of fish farming for processing and…
Read MoreExporting success
Since the Brexit deadline, O’Toole Transport’s food export hub in Bellshill has been successfully working with Food Standards Scotland to ensure our clients’ products make it to EU markets with little disruption. The planning and processes which took place over the last six months ensured we entered 2021 with very little disruption. This success has…
Read MoreProfits and return on capital soar for AKVA
Aquaculture technology and services group AKVA has recorded a “respectable performance” for 2020 despite Covid-19. The company’s annual report records increased revenues and operating profits, along with a higher return on capital employed. Financial highlights include: Revenues increased by 3% to NOK 3,177m (£274m); EBIT was up from NOK 62m (£5.3m) in 2019 to NOK…
Read MoreNordic Halibut opts for private placement
Fish farmer Nordic Halibut this week resumed plans for an Oslo Stock Exchange listing by submitting an application to join the Euronext Growth market. The company surprised many by withdrawing plans for a public offering last month, but has now chosen to go for a private placement with selected investors. The company said the current owners…
Read MoreThe April 2021 issue of Fish Farmer magazine is online
The April issue of Fish Farmer magazine is out now and you can view the online version here. It’s been a turbulent period for the industry and it has had to face down critics on a number of fronts, from a Compassion in World Farming report alleging poor practice in Scottish fish farms – which…
Read MoreGael Force MD slams ‘narrow thinking’ on growth
A refusal to accept plans for economic development is threatening job creation in the Scottish Highlands, according to Gael Force Group Managing Director Stewart Graham, who says that Scotland has become “anti-development, anti-business.” His views are set out in an article, written in response to the decision not to grant planning permission for a new…
Read MoreSalMar green bond issue raises NOK 3.5bn
Fish farming giant SalMar has raised 3.5 billion kroner (£300m) in a new green funding loan – almost a third more than originally planned. The company said the unsecured green bond was significantly oversubscribed and the result far larger than expected. An application will now be made to list the bond loan on the Oslo…
Read MoreBologna PhD student wins EAS Spotlight award
Daniel Scicchitano, a PhD student at the University of Bologna, Italy, has won the European Aquaculture Society’s prestigious EAS Spotlight award. The result was announced at the EAS online conference earlier today. The EAS Spotlight award provided a showcase for three students in the field of aquaculture whose research was selected from a long-list of…
Read MorePure Salmon picks Benchmark for ova supply contract
Benchmark Genetics has won a contract to supply eggs for ambitious land-based aquaculture group Pure Salmon. The agreement covers the delivery of more than 80 million eggs per annum, at full capacity, and also formalises a strategic collaboration in research and development. The first delivery of ova is expected in 2022. Pure Salmon is a…
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