Archive for December 2022

Mowi has offered hundreds of its full-time employees, in Norway and elsewhere, the opportunity to buy shares in the company at a discounted price. The decision was announced to the Oslo Stock Exchange yesterday afternoon. The offer is based on the average purchasing price for the Company’s shares on 1 December 2022 of NOK 155.3365…

After its parent, Dawnfresh Seafoods, fell into administration earlier this year, trout farmer Dawnfresh Farming continued to trade solvently – with the help of a £2m loan from one of its directors. Dawnfresh Seafoods was placed into the hands of administrators, FRP Advisory, in February. The latest accounts for its subsidiary Dawnfresh Farming, published yesterday,…

South Korea is planning to invest around £1m (US $1.2m) to help improve shrimp farming in Sri Lanka. The project will be carried out through the UN Food and Agriculture Organisation (FAO). It will also strive to overcome some of the biological problems associated with shrimp farming. The move is part of a global project…

Faroese and Scottish fish farmer Bakkafrost is engaging with its suppliers in a new sustainability drive, with the aim of reducing its overall carbon footprint. Bakkafrost hosted a Supplier Day last week in which it spelled out an ambitious programme. The company has set a target of a 52% reduction in Scope 3 (supply chain)…