Archive for April 2023
NASF partners with Seafood People
Annual industry event the North Atlantic Seafood Forum (NASF) has entered a strategic partnership with the executive recruitment group, Seafood People and investment firm Pareto Securities. The agreement means Seafood People and Pareto will help assist the current management of NASF with further development of the programme, speakers, and the technical implementation of the event.…
Read MoreAtlantic Sapphire halved losses in 2022
Atlantic Sapphire chairman Johan Andreassen has spoken of “a challenging year” as the company announced it had reduced its losses by more than half during 2022. The land-based land salmon farmer, situated in Miami, Florida, reported a net loss of US $65m (£52.4m), down from $133m (£107.1) in 2021. Revenues were up by $2.1m to…
Read MoreSalmon prices up again after Easter dip
Fresh salmon prices have climbed back up after sagging over Easter, according to the latest figures from Statistics Norway. In week 15 it said the export price rose by 3.8% or by NOK 4.18 to NOK 113.39 per kilo (£8.63). Fresh salmon prices hit a peak of NOK 122.88 a kilo (£9.35) a couple of…
Read MoreIcelanders against open pen farming, Gallup poll finds
More than half of Icelanders are against open net-pen salmon farming at sea, according to a Gallup poll. The survey was carried out on behalf of a number of campaign groups dedicated to protecting the country’s wild salmon population. Its findings contradict an earlier poll which found that 67% of the population in the country’s…
Read MoreGael Force chief joins Salmon Scotland board
Stewart Graham, Managing Director of aquaculture supplier Gael Force has joined the board of industry body Salmon Scotland. He was unanimously elected to the board at Salmon Scotland’s AGM in Edinburgh today. Graham, founder of the Inverness-based Gael Force Group, brings 40 years of experience in the aquaculture and marine sectors and is a well-respected…
Read MoreAqua-Spark backs Vietnamese shrimp tech business
A trio of investment bodies has put capital into Vietnamese shrimp farming technology business Tepbac. Netherlands-based global aquaculture investment fund Aqua-Spark, global agrifood tech VC AgFunder, and Vietnam-focused VC fund Son Tech Investment have teamed up to invest an undisclosed sum in Tepbac, which supplies shrimp farmers with IoT (Internet of Things)-enabled hardware and a…
Read MoreMowi’s Salmon Wagon back on the road for summer
Mowi Scotland has announced the summer schedule for its “Salmon Wagon”, which raises funds to support good causes at events throughout the country. In summer 2023 the aquaculture leader’s Salmon Wagon is set to attend 10 major events from Rosyth to Kyle of Lochalsh – with stops at Achiltibuie, Appin, Benbecula, Isle of Harris, Isle…
Read MoreGrieg reports another sharp rise in production costs
Grieg Seafood not only harvested fewer salmon during the first part of this year, it also saw a significant jump in its production costs. Presenting its 2023 first quarter trading update, the company announced a harvest of 15,350 tonnes against 16,900 tonnes over the same period last year. However, this output was higher than had…
Read MoreNew tech role for Kingfish Company founder
Ohad Maiman, founder and former CEO of yellowtail producer The Kingfish Company, has taken on a new senior aquaculture role. He has been appointed Chairman of the board of the Israeli high tech company BioFishency, which specialises in electro-chemical and biological filter technology treatments for RAS (recirculating aquaculture systems) plants. Maiman stepped down as head…
Read MoreStart-ups set out their stall at the Blue Food Innovation Summit
The Blue Food Innovation Summit, taking place in London on May 23-24, will present global innovators that are revolutionising blue food production whilst protecting our oceans. With our food system increasingly under stress from conflict and climate change, the summit aims to put blue food, sustainable aquaculture, and restorative ocean practices at the heart of…
Read More