Archive for November 2022
The November 2022 issue of Fish Farmer is out now online
The November issue of Fish Farmer magazine is out now online and you can read it here – you can now also download the issue as a PDF to read even when you are offline. This month, we take a look at the planning application process in Scotland, and in particular the stage of the…
Read MoreAlgaEurope 2022
AlgaEurope, taking place in Rome this December, is a unique opportunity to learn and understand all about algae production and commercialisation and interact with over 350 key players from more than 45 countries. The event is the result of close cooperation between EABA – the European Algae Biomass Association – and DLG Benelux. The main…
Read MoreSalmon Evolution hails successful first harvest
Salmon Evolution last night celebrated the successful completion of its first harvest from its new land-based facility in Indre Harøy, Norway. Interim CEO Trond Håkon Schaug-Pettersen described the occasion as an “historic milestone” for the business. He said: “In just seven months we have grown our salmon from 300 grams to harvest weight, clearly demonstrating…
Read MoreSo long, Norway Royal Salmon
After almost 30 years, Norway Royal Salmon has ceased to exist as an independent aquaculture company. The business was officially merged with salmon giant SalMar after close of trading on the Oslo Stock Exchange last night. This means NRS has now been deleted as a company, with SalMar taking over all assets, rights and obligations.…
Read MoreBiological issues continue for Bakkafrost Scotland
Bakkafrost chief executive Regin Jacobsen has said he is still not happy with the results from farming operations in Scotland, where high mortality has dragged down the group’s third quarter results. Bakkafrost today announced a group EBIT or operating profit of 325m Danish krone (£38m), some DKK 34m (£4.5m) lower than industry analysts were forecasting.…
Read MoreAquaculture Sector and Supply Chain Spotlight
How can Team Salmon work together to find innovative solutions? That’s the question being posed at the Aquaculture Sector & Supply Chain Spotlight at Lochaber Ideas Week 2022. The one-day event, taking place on Thursday 17 November at The Nevis Centre, Fort William, will bring together producers and the supply chain to explore ways of…
Read MoreCampaigners seek to overturn Orkney planning decision
Anti-fish farming campaigners are set to appeal formally against the decision by Orkney Islands Council to approve a new fish farm in the waters off East Moclett, on the island of Papa Westray. On 8 September the council gave the green light to an application by Cooke Aquaculture Scotland for a six-cage farm with a…
Read MoreIceland salmon exports hitting new records
The export value of aquaculture products from Iceland is continuing to soar, according to the latest official data. Preliminary figures show it hit ISK 5 billion or just over £30m in September. The value for the first nine months of 2022 (January-September) reached a record ISK 33.4bn (£180m). This represents a 22% increase on the…
Read MoreSalMar-NRS deal on brink of completion
SalMar’s takeover of Norway Royal Salmon will be completed by close of trading on the Oslo Stock Exchange today, the company says. In a message to the Bors, SalMar stated: “The board of SalMar has today decided to carry out the Merger and notified the registration of the completion of the Merger to the Business…
Read MoreAKVA sees revenue rising, profits falling for Q3
Aquaculture technology business AKVA has reported revenue up for third quarter of 2022, year on year, but profitability has been “challenging”, the company said. Revenue for the AKVA Group in Q3 was NOK 840m (£71.2m), up 14% compared with Q3 of 2021. EBITDA was down, however, from NOK 79m (£6.7m) last year to NOK 25m…
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