Archive for December 2022
Talks over sale of ISI’s UK arm come to nothing
Talks with a prospective buyer for the UK business of Iceland Seafood International (ISI) have fallen through, the company announced today. Last week ISI said it had signed a Letter of Intent (LOI) to sell Iceland Seafood UK Ltd, but today the company issued a statement saying: “Negotiations that were based on the LOI were…
Read MoreThe December 2022 issue of Fish Farmer is out now online
Fish Farmer’s December edition is out now online, and you can read it here. Ukraine’s fish farmers are continuing to provide a vital food source even as the country’s infrastructure is under constant attack. In the latest issue, we tell the stories of two Ukrainian farmers who are planning for tomorrow as well as struggling…
Read MoreSalmon exports to benefit from new Oslo Airport hub
German logistics giant DB Schenker is to build a new freight terminal at Gardermoen, Oslo’s main airport. The terminal will handle a large proportion of Norway’s salmon exports. The 4,000 square metre hub will not be exclusively for seafood but, given the nature of Norway’s export business, it will almost certainly be the principal commodity.…
Read MoreNorway to spend £33m promoting seafood in 2023
The Norwegian Seafood Council is planning to spend NOK 408 million (£33.2m) on global marketing next year, with more than half that figure promoting farmed salmon and trout. It is one of the largest national promotion budgets for seafood and will go to most corners of the world. Norwegian Seafood Council, Børge Grønbech, director of…
Read MoreFormer Kaldnes director joins Seafood People
Per Håkon Stenhaug, former Director of Business Services at RAS specialists Pure Salmon Kaldnes has joined recruitment business Seafood People as Director of People & Executive Search. He will be based in Oslo and tasked with further expanding Seafood People’s presence. At Krüger Kaldnes, Stenhaug served as the Head of HR, Marketing Communication and after…
Read MoreNetherlands salmon smoker saved by rival
The oldest smoked salmon business in the Netherlands has been saved from closure by a competitor. The Zalmhuys Group, based in Urk, has taken over the activities of smokehouse H. van Wijnen at two locations in the country. Two months ago H. van Wijnen bv was declared bankrupt, due mainly to the very high prices…
Read MoreSalmon prices continue to climb
Fresh salmon prices are moving up fast according to the latest updates from Statistics Norway. They rose by 5% last week (Week 48) to an average of NOK 81.70 per kilo (£6.70) which was the price a couple of weeks before Easter this year. That figure is just an average which means buyers are paying…
Read MoreBenchmark raises NOK 158m for Oslo Stock Exchange debut
Benchmark Holdings, parent to the Benchmark aquaculture biotechnology group, has raised NOK 158 million (£13m) in preparation for a listing on the Oslo Stock Exchange. The issue was priced at NOK 4.50 and a total of more than 35 million shares were prepared. Benchmark said it is planning for the shares to start trading on…
Read MoreScottish Sea Farms installs 160m pens at Mull site
Salmon producer Scottish Sea Farms has installed four 160m pens, its biggest to date, at Fishnish off Mull, in a move aimed at improving fish health and welfare, employee safety, and operational efficiency. Where previously Fishnish had ten 100m pens, there are now just four 160m pens capable of supporting the same biomass and delivering…
Read MoreEscape prompts call to ban open-net farming in Iceland
A group representing 25 environmental and sports fishing organisations has called on the Icelandic government to ban open-net farms in the country. The demands comes just days after the Icelandic company Arnarlax was fined a record ISK 120 million (£705,000) for allowing 80,000 fish to escape into a fjord. It has appealed the penalty. The…
Read More