Archive for February 2023
Gigante Salmon’s land-based farm set to start production in September
The land based fish farmer Gigante Salmon has revealed that it will be ready to start production by September this year. The company was in upbeat mood as it presented its 2022 fourth quarter results to the Oslo Stock Exchange, indicating that its progress plan for this significant event is firmly on track. Gigante’s first…
Read MoreMowi Q4 revenues hit record levels
Mowi today unveiled record-high quarterly revenues of €1,362m (£1,208m) for the final three months of 2022. Operational profit or EBIT was €239m (£212m) against €146m (£130m) 12 months earlier. The situation is also looking brighter for Mowi Scotland, with a steady but continuing improvement in the biological situation. Mowi plans to pay around £72m in dividends (NOK 1.70…
Read MoreNext head of Benchmark Genetics named
Geir Olav Melingen has been named as the next head of Benchmark Genetics. He is set to take up the post on 1 June when the current incumbent, Jan-Emil Johannessen, retires. Benchmark Genetics is the genetics and breeding division of the Benchmark aquaculture biotechnology group. Melingen is currently Benchmark Genetics’ Commercial Director, Salmon, and he…
Read MorePutting salmon on the government menu
Our sector is fortunate to have strong support from those in power at Holyrood and Westminster, but there is more that government can do to support us, argues Tavish Scott in the February issue of Fish Farmer, in the first of a series of monthly columns from the Chief Executive of Salmon Scotland. Read his…
Read MorePlan unveiled for 5,000 tonne salmon farm in Grimsby
Grimsby, once home to the world’s largest fishing fleet, could be about to go into the salmon farming business. A London-based company, Aquacultured Seafood, has submitted a screening application to the local authority as the first stage in seeking permission to build a 5,000 tonne RAS salmon facility, to include a processing factory, on former…
Read MoreProximar secures full financing for Japan project
Proximar Seafood has secured loan finance totalling 8.8bn Japanese yen (£55m) for its land-based salmon farming project, which is under construction near Tokyo. The loan offer for Proximar Seafood AS, through its subsidiary Proximar Ltd. (Japan), comes from a syndicate consisting of two large Japanese banks. The loan is the equivalent of NOK 680m. Subject to…
Read MoreUCO wins major contract with Mowi
Salmon producer Mowi has signed what is believed to be one of the biggest deals for remotely operated vehicle (ROV) services in the aquaculture sector. Underwater Contracting (UCO) a leading provider of underwater services to the offshore energy, inspection, construction, and aquaculture markets, will be providing 15 submersible ROVs for Mowi. They will be working…
Read MoreSeagriculture Asia/Pacific is an online first
Seagriculture Asia/Pacific, the first online event in the Seagriculture conference series took place on 8 & 9 February. The conference welcomed 187 attendees from 113 companies and 31 countries worldwide. Some 23 speakers presented their topics during a two-day conference program, which included special features such as a virtual seaweed tour and a panel discussion…
Read MoreSalmon still UK’s top food export, but sales are down
Scottish salmon was the UK’s biggest food export in 2022, with sales of £578m, according to figures compiled by HM Revenue & Customs. Fresh, whole Scottish salmon export sales of £578m were down by 6%, however, compared with 2021 when the figure was £614m. This is despite the higher prices for salmon seen in 2022.…
Read MoreSAIC gets funding to help tackle algal blooms
A new training programme is being developed to help UK finfish producers mitigate the growing challenges to fish health and welfare presented by harmful algal blooms (HABs) – a phenomenon caused by climate change. The Sustainable Aquaculture Innovation Centre (SAIC) has been awarded £250,000 from the Department for Environment, Food & Rural Affairs’ (Defra) UK…
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