Archive for July 2021
Bakkafrost behind launch of new air freight service
A new air freight company is about to be launched with the backing of the Faroese fish farmer Bakkafrost. The company, which has yet to be given a name, is being set up to expand the export of seafood from the northerly island archipelago. However, as the Faroe Islands’ largest fish farmer, Bakkafrost will be…
Read MoreKvarøy invests in upgrade for smolt facility
Norwegian salmon farmer Kvarøy Arctic is set to get an upgrade and expansion for its Kvarøy Smolt facility. The investment represents a commitment of NOK 125m (£10.2m) by Kvarøy’s parent company Kvarøy Fiskeoppdrett AS. The investment aims to reduce energy consumption by up to 50% while optimising growing conditions and welfare for the fish. Kvarøy…
Read MoreNTS offers £938m for Norway Royal Salmon
After months of speculation, the integrated aquaculture group NTS is bidding to acquire all the shares in Norway Royal Salmon. The offer, at around NOK 209 (£17) per share, which is valid from today and runs to 16 August, is said to be worth nine billion krone (£938m), almost two billion (£164m) more than the target’s…
Read MoreNordlaks sees 2020 revenues hit by pandemic
Salmon farmer Nordlaks, which recently received an official rebuff over its giant offshore Havfarm platform, saw sales fall by more than 10% last year, mainly as a result of the coronavirus pandemic. Operating revenues fell by NOK 327m (£26m) to NOK 2.7bn (£221m) with the annual profit emerging at NOK 400m (£32m). Nordlaks has invested…
Read MoreExperience in aquaculture
Don’t ignore the human factor when it comes to risk management Fish farming is subject to many risks, some of which, such as extreme weather events, cannot be avoided. However, one of the most significant risk factors in fish farming is also one of the most avoidable: human error. The chances of an incident occurring…
Read MoreHS.MARINE – the reliable solution
Designing cranes specifically for aquaculture produces better results for the user Reliability, efficiency and a service always operational and able to respond to any request in a very short time. These are the three keywords that have made HS. MARINE, a manufacturer of marine cranes, one of the main players in the market. In the…
Read MoreCashman swaps spring water for salmon
Cooke Aquaculture Scotland has appointed David Cashman as its new Finance Director. Cashman was previously Head of Finance at Highland Spring – the UK’s leading bottled water producer – where he led the finance function for the £100m turnover business, responsible for all end-to-end activity within the division from transaction services, commercial finance to the…
Read MoreSigns of good breeding
Reading the papers has been interesting in the last few weeks, writes Nick Joy, but nothing caught my eye so much as several articles discussing trying to bring taste back into food. Finally the supermarkets, allied to some food producers, are beginning to realise no one wants to eat bland food. In the old days…
Read MoreBenchmark’s lice treatment cleared for use in Norway
Ectosan Vet, the new sea lice treatment from aquaculture health group Benchmark, has passed a critical legal stage, with a maximum residue limit (MRL) for the chemical adopted into Norwegian legislation yesterday. The MRL for Ectosan Vet was ratified by the European Commission earlier this year. While Norway is not an EU member, it is…
Read MoreSEAMOR ROVs available in the UK and Ireland
RS Aqua Ltd recently partnered with SEAMOR Marine as the main distributor for SEAMOR’s range of remotely operated vehicles (ROVs) in the UK and Ireland. The Steelhead, Chinook and Mako are ideally suited to a wide range of applications in the aquaculture industry. Using ROVs for regular net inspection and repair traditionally undertaken by divers…
Read More