Archive for February 2022
Hatcheries around the world rely on Reed Mariculture’s innovative feeds
Reed Mariculture Inc (RMI) is at the cutting edge of new product development to ensure the success of hatcheries. Founded in 1995, RMI feeds are used by over 500 hatcheries, universities, and marine ornamental operations in 90-plus countries. RMI’s unique Instant Algae® & Instant Zooplankton® are the most convenient and effective feeds for growth, enrichment,…
Read MoreDouble protection
UV and Ozone present sustainable opportunities for protection against disease in land-based hatcheries Aquaculture accounts for approximately half of the fish consumed worldwide, and increasing demand is driving the growth of land-based hatcheries. But, to stay competitive in an evolving market, land-based hatcheries need to make use of technology to improve production and prevent disease.…
Read MoreScottish Government welcomes Griggs Review
The Scottish Government has signalled its support for a radical shake-up of aquaculture licensing. The report from Professor Russel Griggs OBE, following his review of the regulatory regime for aquaculture in Scotland, was published yesterday. Today, Rural Affairs Secretary Mairi Gougeon said: “This is a comprehensive piece of work by Professor Griggs… I welcome the…
Read MoreScottish salmon exports recover to near-record level
Exports of salmon from Scotland bounced back from Covid and Brexit to hit a near-record £614m in 2021. UK Government figures show that overseas sales of salmon were up 36% on 2020, and only marginally below the £618m recorded in 2019. Exports were shipped to 52 different markets last year, with growth across 10 of…
Read MoreAKVA reports 10% revenue rise for Q4 2021
Aquaculture technology group AKVA saw revenue rise 10% year-on-year to NOK 831m (£69m) for the last quarter of 2021. EBIT (earnings before interest and taxation) was up to NOK 19m (£1.58m) from NOK 9m (£750,000) in Q4 2020, but the company said profits had been impacted by cost inflation and supply chain issues. Order intake…
Read MoreGrieg signs £268m finance deal with DNB, Nordea
Grieg Seafood has announced the signing of a NOK 3.2 billion (£268m) five-year senior secured sustainability-linked facilities agreement with DNB Bank ASA and Nordea Bank, to refinance its existing bank facilities. The agreement provides for a NOK 750m (£62m) term loan, a €75m (£63m) term loan, a NOK 1,500m (£125m) revolving credit facility. In addition, Grieg Seafood…
Read MoreNet washing revolution – The AutoBoss is changing net cleaning for the better
The AutoBoss is an automatic net washing machine that is easy to use and easy to maintain. There are no video cameras, no ROV controls, no monitors, and no sensitive or complex electronics. Place the AutoBoss in the pen, select the cleaning mode and press start. The robot will then wash the net automatically. It…
Read MoreScotland’s aquaculture licence regime ‘not fit for purpose’ says independent review
The licensing system for aquaculture in Scotland looks set for radical change following the publication today of an independent report into its effectiveness. The Aquaculture Regulatory Process review, headed by Professor Russel Griggs OBE, concludes that the stakeholders working with the current system see it as “not fit for purpose”. Professor Griggs also has strong…
Read MoreCermaq declares first iFarm harvest a success
The first salmon from Cermaq’s iFarm, which uses state of the art monitoring and artificial intelligence technology to maximise fish welfare, have been harvested and exported. Cermaq said the results showed “high quality”, and also confirmed that second phase of the project is already under way. Using artificial intelligence and machine learning, Cermaq and technology…
Read MoreSalmon prices back to pre-pandemic levels
Fresh salmon prices in Norway have hit their highest peak since before the pandemic. Figures from Statistics Norway show the market price reached more than NOK 74 a kilo (£6.19) in week five (between 31 January and 6 February), a figure not seen since January 2020, when although Covid 19 was rampant in China, it had…
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