Robots power aquaculture growth

Underwater robots have made larger and deeper offshore fish farming possible. The world’s top selling robot of its class is the Saab Seaeye Falcon, which can work continuously in deep and challenging conditions at tasks starting with initial site surveys and environmental studies, through installation, mooring checks, net checks, health monitoring, net cleaning and mort…

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Big rise in Mowi Q4 operational profit

MOWI today reported an operational EBIT  or profit of 239 million euros for the final quarter of 2022 – almost €100m higher than in the same period last year. The star performer was Mowi Norway, but its Scottish and Irish operations, which have been experiencing varying biological issues, produced lower harvests than a year ago.…

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Europe falls behind while UK struggles with Brexit

Europe’s mussel producers are stagnating while world production continues to rise. Meanwhile, British mussel growers are still stymied by the post-Brexit deadlock between the EU and the UK government. In her column for the January issue of Fish Farmer magazine – which you can read here online – Nicki Holmyard looks at the facts and…

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Seafood boosts Hilton Group 2022 sales

SEAFOOD was one of the key drivers behind a strong Christmas sales lift for the Hilton Food group. In a 2022 trading update yesterday and without giving firm figures , the company said that sales were in line with the board’s expectations and were up on 2021. It also said it was carrying out a…

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Winning the battle over wild fish

Anglers are beginning to realise that salmon farmers are not responsible for all their problems, Hamish Macdonell writes in the January issue of Fish Farmer “If salmon farms are responsible for the decline in wild salmon and there are only farms on the west coast, why are wild salmon numbers going down on the east…

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Aquaculture AI firm reels in $8 million

A Canadian technology business offering data and automation solutions to land-based fish farmers has raised more than US $8m in funding. ReelData AI has developed a product, ReelAppetite, that identifies real-time population appetite and adjusts feed levels accordingly to maximise biomass while limiting waste. This technology, ReelData says, has helped save companies up to US…

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NTS rebels secure delisting postponement

SalMar’s year-long battle for full control of the NTS aquaculture group has taken yet another twist. NTS shareholder Hans Martin Storø has called for the delisting of the company from the Oslo Stock Exchange to be halted while the Øie family is also expected to protest, claiming the share price SalMar is paying is too low. It was thought…

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Salmar and Lerøy report higher Q4 farmed fish harvests

SalMar and Lerøy Seafood, two of Norway’s largest salmon producers, have announced higher 2022 final quarter harvests in separate trading updates. Both companies share ownership of Scottish Sea Farms, but that company’s performance will not become known until the full results are published next month. SalMar’s Q4 harvest was 62,700 tonnes (11% up on the 56,400 tonnes…

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Nordic Halibut says production for 2023 is on target

Nordic Halibut says it has exceeded its revenue target for last year and is now ready to reach its phase one production goal. The Norwegian-based company produces sushi-grade halibut says high-end markets have demonstrated a strong willingness to pay an established price level for quality farmed halibut. During the final quarter of 2022 Nordic Halibut…

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