Archive for July 2022
Sharp drop for NRS harvests in Q2
Norway Royal Salmon has posted considerably lower harvest figures for the second quarter of this year. No explanation was given in its pre-Q2 trading update, but the reduction is almost certainly due to biological issues in both Norway and Iceland, where it trades under the name Arctic Fish. The Norway harvest is expected to be…
Read MoreSeafood chief urges caution over export boom
Global upheavals caused by the war in Ukraine and the Covid-19 pandemic mean the Norwegian seafood industry now has additional responsibilities, Børge Grønbech, the acting CEO of the Norwegian Seafood Council has said. He pointed out that the Ukraine conflict had created a world food crisis in addition to horrific suffering. “In such times the…
Read MoreMåsøval company picks up cod processing contract
Norwegian cod farmer Statt Torsk ASA has entered into a long-term agreement for the harvesting and processing of up to 3,500 tonnes of cod per year, with the seafood processor Western Seaproducts AS, a company owned by Måsøval AS. Statt Torsk’s cod will be processed in Vartdal, western Norway, where Western Seaproducts is based. The…
Read MoreCooke raises the stakes in Tassal bid
Canada’s Cooke Aquaculture seems determined to continue its pursuit of the Australian salmon farmer Tassal. The Australian Securities Exchange has reported that Cooke has increased its interest in the Tasmania-based business from 5.4% to 7.6%, the equivalent of share purchases totalling AU $21.7m (£12.35m). Reports suggest that Cooke is prepared to pay around AU $1…
Read MoreWester Ross Fisheries is sold to Mowi
Wester Ross Fisheries, one of the last independent salmon farmers in Scotland, appears to have been snapped up by the sector’s biggest fish – Mowi. A document posted on the Companies House website this afternoon, but dated 30 June, states that Mowi Scotland Ltd now exercises “significant control” with regard to Wester Ross. Technically this…
Read MoreNorcod granted permission for new site
Norwegian cod farmer Norcod has been granted permission to establish a new marine production location in Nesna municipality with a total maximum allowed biomass (MAB) of 3,600 tonnes. “We have been very well received by Nesna municipality, which we highly appreciate, and we look forward to continuing our excellent cooperation. We consider the site at…
Read MoreBakkafrost expects reduced harvest figures
Bakkafrost says that its second quarter harvests for both the Faroe Islands and Scotland will be down this year. Presenting its 2022 Q2 update today, the company is forecasting a total harvest of 19,700 tonnes (heads on gutted) against 28,200 tonnes over the same April to June period last year. The figure for the Faroe…
Read MoreNorway reports “fantastic” six months for salmon
Norway’s seafood exports passed the NOK 70bn mark (£5.9bn) during the first six months of this year – higher than for the whole of 2015. The half year figures from the Norwegian Seafood Council today show that the sector is heading for another record breaking year, adding that January to June has been a “fantastic”…
Read MoreSalmon Evolution says smolts developing well
Land-based fish farmer Salmon Evolution says the strong biological performance for its first batch of smolts, reported in the company’s Q1 2022 presentation has continued for the remainder of the second quarter. The company’s initial batch of smolts was released to its on-land fish farm at Indre Harøy, Norway in March this year. As per…
Read MoreFormer soldier to head Norwegian Seafood Council
Christian Chramer, a former soldier and communications expert, is to be the new Chief Executive of the Norwegian Seafood Council. He is returning to the organisation where he once worked in communications and as its fisheries envoy in South East Asia. Chramer takes over in October from Børge Grønbech, who was appointed interim CEO following the…
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