Archive for August 2022
Norway brings in new regulations to stop escapes
Norway is tightening the rules around the escape of farmed fish with important new requirements coming into force next year. Fisheries and Oceans Minister Bjørnar Skjæran said: “We have laid down a revised set of regulations that increases protection against fish escapes at the farms, while at the same time giving the industry more flexibility.” Escapes…
Read MoreSeafood pays the price
The day after the EU referendum vote in June 2016, a Humber fish merchant, who had campaigned vigorously for Brexit, was spotted outside his factory sporting a long face. The value of sterling on international currency exchanges had slumped to a 30-year low following the result, making the fish he was buying from Iceland –…
Read MoreLerøy hires Seafood Norway’s Valland as PR chief
Lerøy Seafood Group has hired Aina Valland as Communications Manager, with a brief to build up a new department for external communications, community and government contacts in the company. She was previously Director of Public Relations at Seafood Norway (Sjømat Norge). She has held various roles over the past 21 years and has a degree…
Read MoreBakkafrost air freight service gets ready for take-off
Bakkafrost has unveiled the white and blue livery of the Boeing 757-200 which will carry its salmon to the United States and other overseas markets. The company decided 18 months ago to launch its own air service capable of bypassing expensive and time-consuming transit hubs such as Heathrow. Bakkafrost, which also has extensive salmon farming…
Read MoreAtlantic Sapphire looks forward to profitable production
Land-based salmon producer Atlantic Sapphire is set to deliver profitability when its phase 1 facility in Florida reaches full production, the company says. The pledge was made as Atlantic Sapphire reported its financial results for the first half of this year. Its operational EBITDA (earnings before interest, taxation, depreciation and amortisation) saw losses for H1…
Read MoreGeo picks Artec Aqua for land-based salmon farm
Artec Aqua, a Norwegian based turnkey supplier for onshore aquaculture, has signed a £150m-plus deal to build a large land-based salmon farm in Iceland. The facility is for GeoSalmo ehf and it will be located in Þorlákshöfn, close to Reykjavik in the south west of the country. Artec Aqua, which is a wholly owned subsidiary of…
Read MoreCapital fund backs clam consolidation
Private equity fund Ocean 14 Capital has backed a deal that has brought about major consolidation in the European clam sector. The Ocean 14 Capital Fund (O14C) has invested in MITO, a company created by bringing together three leading clam hatchery and nursery operators: Societá Agricola Ecotapes Italia SrL, Delta Futuro Societá Agricola SrL in…
Read MoreTraffic light farmers denied Supreme Court appeal
A group of 25 salmon and trout farmers from south west Norway have lost their fight against the Oslo government’s controversial “traffic light” scheme. They had planned to take their case to Norway’s Supreme Court following an Appeal Court rejection in May, but were told yesterday by the Supreme Court’s appeals committee, which examines whether…
Read MoreRussian Aquaculture to launch new identity
Russian Aquaculture, the country’s largest salmon and trout producer, has changed its name. It has rebranded as “Inarctica”, the retail brand the company launched two years ago with the help of creative agency Mildberry. The formal launch of Inarctica and its new website will take place in the autumn. The company said the move will…
Read MoreSalmon protection zones to include sea trout
New measures to protect wild salmon in Scotland will be extended to include sea trout, according to the Scottish Environment Protection Agency (SEPA), which has today outlined a revised plan and published details of responses to the initial proposals. The new plan will allow for the imposition of tighter restrictions on existing fish farms, if…
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