Archive for August 2021
UK and Norwegian ministers meet at Aqua Nor
Trade in seafood was on the agenda when leading politicians and industry leaders from Norway and the UK met at Aqua Nor today. The event, held in Trondheim, is one of the aquaculture industry’s biggest trade shows, and this week it provided the venue for Norway’s Fisheries Minister Odd Emil Ingebrigtsen to meet with the…
Read MoreSeaRAS wins Aqua Nor innovation award
Aquaculture technology business SeaRAS has been declared as the winner of the prestigious Aqua Nor Innovation Award. The prize was presented this morning by Norway’s Fisheries Minister, Odd Emil Ingebrigtsen, at the opening of this year’s Aqua Nor trade show in Trondheim. Bergen-based company SeaRAS won its award for Aquasense, a new method for measuring…
Read MoreNRS tells shareholders to hold their nerve
Norway Royal Salmon has told its shareholders to sit tight as two rivals battle it out for control of the company. The board has also advised them to reject the first offer of NOK 240 per share from the integrated aquaculture business NTS at NOK 240 per share. NTS already owns a third of the…
Read MoreBakkafrost unveils big Q2 profits rise
Bakkafrost more than doubled its operating profit in the second quarter of this year, the Faroe Islands and Scotland fish farmer announced today. The profit or EBIT came out at 407.5m Danish kroner (DKK) (£47m), compared to DKK 181.9m (£21m) during the same period last year. Revenues totalled DKK 1.6bn (£182m) , against DKK 1.1bn…
Read MoreHuon board stands by JBS takeover offer
The board of Tasmanian fish farming group Huon Aquaculture have reiterated their support for the takeover offer from Brazilian meat producer JBS, despite the interest in Huon being expressed by Tattarang Agrifood and Cooke Aquaculture. Huon Chairman Neil Kearney said the offer made by JBS of AUS $3.85 per share offers “compelling value”, as it…
Read MoreSSPO reacts to SNP-Green deal
The Scottish Salmon Producers Organisation has cautiously welcomed the joint policy programme published as part of the SNP/Scottish Greens power-sharing agreement. The SSPO says the programme is “a constructive starting point”. Following the Scottish parliamentary elections earlier this year, the SNP is the largest party in Holyrood, but its numbers are short of an outright…
Read MoreNorway Royal Salmon Q2 profit lower than expected
Norway Royal Salmon, currently the subject of two takeover bids from larger rivals, today posted a lower than expected second quarter operating profit of NOK 94m (£7.6m). The corresponding figure for Q2 last year was NOK 120m (almost £10m) and analysts had been expecting something close to that this time. The operating profit per kilo…
Read MoreSNP-Green deal includes curbs on fish farming
The power-sharing agreement agreed today between Scotland’s SNP Government and the Scottish Greens includes a commitment to ban all fisheries and aquaculture from at least 10% of Scottish waters. The deal, which follows weeks of negotiations between the two parties, falls short of a full coalition although two Green MSPs will be given junior ministerial…
Read MoreHalibut farmer signs feed deal with Aller Aqua
Norwegian farm business Sterling White Halibut has agreed a six-year supply contract with feed producer Aller Aqua. Denmark-based Aller Aqua has been collaborating with Sterling White Halibut (SWH), the world’s largest producer of farmed halibut, since 2017, to ensure a supply of feed tailored to the needs of the fish. Halibut, a slow growing fish,…
Read MoreAce Aquatec hires Vik as Norway sales manager
Aquaculture technology business Ace Aquatec has appointed Unn Eilen Vik as Sales Manager, Norway. Vik has previously held senior positions as the global sales and marketing director at IntraFish and sales and marketing manager at Atlantic Seafish. While she officially starts in October, her first assignment at the company will be to help oversee Ace…
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