Archive for February 2022
Salmon “the locomotive” driving Norway’s seafood exports to the US
The Norwegian Seafood Council says sales of salmon to the United States rose by almost 50% during January. Seafood sales of all types totalled 10,000 tonnes during the month, a volume increase of 48%. Measured in value, the increase was 55%. Salmon “was the locomotive” driving sales which were worth NOK 583m (£48m) last month.…
Read MoreOusted NTS chairman calls for a third EGM
The saga over the aquaculture group NTS may not be over yet with a demand for a third extraordinary general meeting in less than six weeks. NTS is about to become part of the SalMar fish farming group after SalMar secured a majority of shares in the company, But the shareholder infighting continues. On Friday,…
Read MoreAfter the split
It was one of my Salmon Scotland colleagues who put it best: “We have no greater access to Europe than a tilapia farmer from Zimbabwe. We are a third country now and we are being treated as such.” That shouldn’t come as a surprise. After all, we knew this was going to happen. We were…
Read MoreSmolt facility up and running ahead of time
A recirculating aquaculture system (RAS) smolt plant built for Salten Smolt is now fully operational, ahead of schedule. The RAS facility was built by specialist supplier Pure Salmon Kaldnes, at a site at Breivik near Bødø, Norway. It houses 5.5 million fry in a 9,000 sq metre fish farm. Salten Smolt, which is owned by…
Read MoreHelge Gåsø ousted in boardroom coup
Helge Gåsø was today dramatically voted off the board of NTS, the integrated aquaculture group he created. The NOK billionaire entrepreneur lost his seat at a second extraordinary general meeting of NTS called by a group of rebel shareholders who didn’t like the way it was being run. However, Gåsø and his family still holds 37% of the…
Read MoreRed snapper genetic secrets unlocked
Scientists from the US and Canada have developed a customised breeding programme for red snapper, based on genetic analysis. The research was carried for Mexico-based fish farming company Earth Ocean Farms (EOF), by the Center for Aquaculture Technologies (CAT). CAT is an R&D and contract service organisation focused on the application of biotechnology tools to…
Read MoreSalMar posts higher Q4 profits, but Scotland disappoints
Salmon giant SalMar has announced a final quarter operating profit of NOK 890m (£74m) – more than double the 2020 Q4 figure of NOK 414m (£34.5m). There were excellent results from its northern and central Norway farms and from Arnarlax, its Iceland salmon farming offshoot. But the performance from Scottish Sea Farms (also known as…
Read MoreSalMar finally wins battle for the NTS group
SalMar said last night it has received a majority of “irrevocable” advances acceptances from NTS shareholders. It means that CEO and founder Gustav Witzøe appears to have secured one of the biggest prizes in salmon farming, leaving rivals out in the cold. The deal would make SalMar the world’s second largest Atlantic salmon farmer and only…
Read MoreLerøy doubles Q4 profits for 2021
The Lerøy Seafood group announced today it more than doubled its operating profits during the final quarter of last year. Lerøy is unusual in seafood in that it is one of the few multi-purpose operations incorporating salmon and trout farming, whitefish trawling and fish processing. It also owns a half share in Scottish Sea Farms . The operating…
Read MoreBlue Food Innovation Summit set for June
Producers, innovators, technology leaders, start-ups, investors and retailers will be gathering in London this June for the first Blue Food Innovation Summit. Taking place on 14-15 June, the two-day summit will explore the opportunities and challenges in scaling aquaculture production while protecting and restoring the ocean ecosystem. Speakers already confirmed include Chris Ninnes, Chairman of…
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