Archive for August 2022
No place like home
Noemi Lorenzo-Vidaña began work as a seawater health manager and veterinarian at Mowi Scotland earlier this year. She says: “When I started my new job in aquaculture, I was very excited about the new challenge it presented, and especially because the Highlands and Islands is such a wonderful area. “However, the biggest challenge, and most…
Read MoreLoch Duart renews partnership with HEART UK
Independent salmon farmer Loch Duart has teamed up for another year with HEART UK, a charity dedicated to improving cholesterol levels and heart health. The partners will focus on how a healthy diet, combined with regular activity and exercise can make a huge difference to people’s cholesterol levels and heart health. Over the next year…
Read MoreBenchmark reports continued growth for Q3
Aquaculture biotechnology group Benchmark Holdings has seen a fifth consecutive quarter of growth in revenue and earnings, thanks partly to the successful roll-out of its CleanTreat sea lice solution. Benchmark has also underlined its intention to float on the Euronext Growth Oslo stock market in Q4 of the current calendar year, and to uplist to…
Read MoreScottish Sea Farms Q2 profit jumps by £7m
Scottish Sea Farms generated an operational profit or EBIT of almost £17m (NOK 190m) during the April to June 2022 second quarter period. This compared with an EBIT of £10.4m (NOK 119m) in the same period last year. The figures are included in the SalMar Q2 report which, along with Leroy Seafood, owns a half…
Read MoreBakkafrost plans a second hatchery in Scotland
Bakkafrost has secured land to build a large new hatchery in Scotland, in addition to its site at Applecross which is being upgraded. CEO Regin Jacobsen announced the project when he presented his second quarter report this week, showing a group wide operating profit of £66m. He said the company had acquired the land during…
Read MoreMinister opens Inverkerry organic smolt unit
Scotland’s Rural Affairs Secretary Mairi Gougeon has officially unveiled a salmon hatchery which has been upgraded to meet strict organic standards. The Inverkerry Hatchery and Smolt Unit, operated by breeding and selection business Hendrix Genetics, is located at Gairloch in Wester Ross, and will produce around 1.2 million salmon smolts each year. A key customer…
Read MorePartnership potential
Wave energy leaders are targeting aquaculture as a potential development partner with the industries combining to harness the power of the ocean to their mutual benefit. The prospect of taking energy from wave power units to run feed barges, feed pumping systems and farm-cage lighting, was a recurring theme during Wave Energy Scotland’s 2022 conference…
Read MoreLerøy reports 58% profits boost for Q2
Norwegian seafood group Lerøy has joined its peers in reporting record second quarter results. The company, which is an integrated fish farming, conventional whitefish trawling and fish processing business, announced a 58% increase in its operational EBIT or profit of NOK 923 million (£77m). Lerøy also owns a half share in Scottish Sea Farms, but performance data…
Read MoreMowi reports Q2 record, but problems continue for Scotland
Mowi today became the second salmon giant to announce a “best yet” second quarter performance following Grieg’s success yesterday. Once again, however, biological and related issues continued to affect its Scottish operations. Driven by exceptionally high salmon prices and good operations during the April to June period, the world’s largest salmon farmer produced a record…
Read MoreA GIFT for the world
Innovation in aquaculture is not just about serving wealthy, developed nations. An initiative from not-for-profit organisation WorldFish aims to help tilapia farmers in Africa, by supplying a strain of fish that is more resilient and faster growing. The Genetically Improved Farmed Tilapia (GIFT) project is currently being rolled out to farmers in Nigeria. As Dr…
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