Archive for May 2022
Fish farmers lose traffic light appeal
A group of 25 Norwegian west coast fish farmers have lost their appeal against the Oslo government’s controversial traffic light scheme. A special court of appeal today delivered a unanimous verdict in support of the Norwegian Ministry of Trade and Industry which introduced the scheme more than 18 months ago. A full report on the…
Read MoreSea lice treatment Ectosan Vet can be reused
Fish health business Benchmark has been granted permission to reuse the treatment water when deploying its sea lice pesticide Ectosan Vet. NoMA, the Norwegian Medicines Agency, has granted a variation to its marketing authorisation which means that treatment water can be used for a second batch of fish, subject to water quality being maintained to…
Read MoreMowi sells Egg development licences
Investor Akvaculturpartner AS has entered into a new partnership arrangement with Hauge Aqua and strengthened its involvement in the “Egg” closed fish farm project by buying six development permits from Mowi. Akvakulturpartner has been a sizeable shareholder in Hauge Aqua for some time and has shown strong interest in the Egg project (also known as…
Read MoreAker Biomarine increases Q1 revenues and cuts losses
Aker BioMarine, the biotech innovator and Antarctic krill harvesting company, has reported a 14% rise in its 2022 first quarter revenues to $US 56.9m (£45.4m). The company, which is an important supplier to the aquafeed industry, had a negative operating loss of $5.5m (£4.4m), which was an improvement on a loss of $7.1m (£5.7m) for…
Read MoreSeafood Council appoints new CEO
Børge Grønbech, director of global operations at the Norwegian Seafood Council, has been appointed as the organisation’s new chief executive, with immediate effect. He takes over from Renate Larsen, who announced in February that she was stepping down after six years in the key industry post. She said: “I wish Børge good luck in his…
Read MoreBarramundi posts loss but revenue is up
Fish farmer Barramundi Group has reported a loss for last year, but the company saw revenue up by 15% and an improvement in operational performance. The Barramundi Group is one of the biggest producers of that species in Australasia. In 2021 it reported an operational EBITDA (earnings before interest, taxes, depreciation and amortisation) loss of…
Read MoreConsortium aims to help lobster survival rates
An innovation group involving the university sector and development bodies is helping to find ways to ensure that more lobsters survive their early stage growth phase. Marine-i is helping the National Lobster Hatchery to develop a new kind of larval rearing vessel, which can be used to improve lobster survival in the hatchery and ultimately…
Read MoreSalMar secures control of NTS
Salmon farming group SalMar has at last taken control of its competitor NTS, after securing a majority stake. SalMar now owns 66,228,641 shares or 52.7% of the NTS equity. Its NOK 15.1 billion (£1.25bn) offer expired at close of stock market trading in Oslo on Friday afternoon. However, SalMar CEO Gustav Witzøe has one more hurdle to jump…
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