Archive for August 2021
Salmar makes offer for Norway Royal Salmon
Fish farming giant SalMar has today stepped in with a dramatic late bid for Norway Royal Salmon. It has offered to buy all outstanding shares in NRS for NOK 270 a share, NOK 30, more than the increased NOK 240 a share offer from rivals NTS. SalMar says it is ready to buy all outstanding…
Read MoreUnintended consequences
When all of this palaver started about coronavirus, writes Nick Joy, I was one of the people who consistently mispredicted what the outcomes would be. I simply could not believe that any government, whatever the shade, would be dim enough to shut down the economy. Even at the beginning the average age of people dying…
Read MoreCooke Aquaculture confirms interest in Huon
Cooke Aquaculture has signalled that it is interested in acquiring the Tasmanian salmon farmer Huon. The company president and CEO Glenn Cooke told the Tasmanian newspaper, The Mercury, that Tasmania was an attractive state in which to invest. He said to The Mercury: “Huon holds tremendous promise as an established company to continue producing world-renowned…
Read MoreDiagnostic tool could help spot heart trouble in fish
Researchers in Scotland are working on a project which, they hope, will mean that a range of heart conditions in fish could be detected through a simple blood test. The diagnostic tool, based on similar breakthroughs that are already in use to monitor the health of terrestrial animals such as cattle, is aimed at early…
Read MoreSSC brings in Nofitech for hatchery project
Recirculating aquaculture system (RAS) technology company Nofitech has won a contract with The Scottish Salmon Company (SSC) to help redevelop SSC’s hatchery at Applecross site in Wester Ross. The agreement is part of a £49m investment to create a state of the art RAS unit at the Applecross site. RAS technology, SSC said, will allow…
Read MoreSalmon Evolution RAS projects ‘on track’
Land-based fish farmer Salmon Evolution is happy with the progress being made on its two major sites in Norway and South Korea, although the company continues to burn cash. Salmon Evolution is building a RAS (recirculating aquaculture system) at Indre Harøy, Norway and – via K Smart Farming, a joint venture with Korea’s Dongwon Industries…
Read MoreLerøy posts sharp rise in Q2 sales
Lerøy Seafood, the combined fish farming and white fish trawling company, today reported higher than expected second quarter sales of NOK 5.3bn (£431m), up nearly 13% from NOK 4.7bn (£383m) for the same period last year. Lerøy, along with SalMar is co-owner of Scottish Sea Farms (Norskott Havbruk) which saw its income jump from NOK…
Read MoreEarly warning service for non-notifiable diseases
Fish farmers in Norway will be able to get an early warning of diseases that are not officially notifiable, with a new service from data analytics company Manolin. Non-notifiable diseases, such as pasteurellosis and cardiomyopathy syndrome (CMS) have accounted for 7% of mortalities in Norway so far this year, Manolin said. As it is not…
Read MoreSeabrokers takes controlling stake in Skagen
Seabrokers Chartering has taken a 75% stake in shipbroking and maritime services business Skagen Ship Consulting. Seabrokers said the acquisition is part of its diversification strategy, and giving the company a foothold in the fish farming market. Skagen was founded by two entrepreneurs, Håkon Rugland and Patrick Ramsberg, and serves customers in aquaculture, fisheries and…
Read MorePure Salmon set to move HQ to Abu Dhabi
International land-based aquaculture business Pure Salmon is relocating its global headquarters to Abu Dhabi, in a move that the government hopes will encourage the development of sustainable food production. Pure Salmon is owned by private equity fund 8F Asset management, which earlier this year raised £290m to develop RAS (recirculating aquaculture system) facilities in Poland,…
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