Archive for May 2021
Skretting in Australian expansion move
NUTRECO’S aquaculture division Skretting has announced plans to expand its production capacity in Australia through the purchase of Ridley’s extrusion facility in Westbury, Tasmania. The company said the move was a continuation of Skretting’s long-term commitment to the Australian and New Zealand aquaculture industries. “We have been producing aquafeed from our Cambridge facility in Tasmania…
Read MoreSalmon prices up by almost 10%
The export price for fresh salmon has jumped by almost 10% in the past week, the latest figures show.. According to statistics Norway it has shot up to NOK 71.08 per kilo, a figure not seen since the start of February last year when the coronavirus pandemic was still in its infancy and restaurants had…
Read MoreSalmon industry making major sustainability strides – report
THE farmed salmon industry has emerged as one of the most environmentally conscious and sustainable food production methods in the world, a new report finds. The Global Salmon Initiative (GSI) has just published its Annual Sustainability Report, providing eight years of data across 14 key indicators – 10 environmental and four social – and it…
Read MoreAquanor will go ahead, organisers say
Following the Norwegian government’s latest guidance on Covid-19 regulations, Aquanor 2021 will go ahead in August, the organisers have confirmed. Aquanor, one of the biggest trade shows for the aquaculture industry, will be held this year as a “hybrid” event, with in-person presentations and stands, accompanied by a digital platform for those who cannot attend.…
Read MoreAid deal for fish farmers in Nigeria
Nigeria’s beleaguered fish farming sector is set to receive a lifeline, thanks to an aid and co-investment package funded by US Aid and a non-governmental organisation, Partners For Development. Fish farmers in the country have seen rising costs and falling prices for their product throughout the Covid-19 pandemic. The aid package, a co-investment partnership between…
Read MoreIndustry calls on Biden to back US aquaculture
A coalition representing the aquaculture industry has written an open letter to US President Joe Biden, arguing that more farming in the seas could help mitigate climate change, as well as meeting the world’s increasing demand for food. Stronger America Through Seafood (SATS) advocates for increasing Americans’ access to “healthful, sustainable and affordable seafood” produced…
Read MoreSalmon Evolution ‘uniquely positioned’ for land-based aquaculture boom
Land-based aquaculture business Salmon Evolution is continuing to burn money, its Q1 financial results for 2021 show, but the company says it is on track to produce around 25,000 tonnes per year by 2024. Salmon Evolution has one production site under construction at Indre Harøy in Norway and a joint venture, “K Smart”, with Dongwon…
Read MoreSalmon supplier green with delight
Grimsby-based salmon and trout supplier JCS Fish has been awarded a “Green” certificate under the Investors in the Environment (iiE) environmental accreditation scheme. This is the first time the business has achieved Green status, having been audited to the lower Silver level for each of the past five years. Jack Coulbeck, who co-ordinates sustainability for…
Read MoreLerøy hit by winter sores and weak prices
The Lerøy Seafood Group today reported 2021 first quarter revenues of NOK 4,925m (£420m) , down from NOK 5,305m (453m) last year. The main factors behind the drop were lower prices for salmon and other fish, but the company also had problems with winter sores in some of its farming operations. Lerøy is a fully…
Read MoreFood distributor invests in Loch Long Salmon
Loch Long Salmon has attracted another investor for its project to construct a semi-closed fish farm at Beinn Reithe on the west coast of Scotland. Golden Acre, a food distribution company with operations in Glasgow and Surrey, has agreed to invest an undisclosed sum. Golden Acre said its aim was to find sustainable, low-impact food…
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