Archive for May 2023
Scottish salmon exports to Asia double in Q1
Scottish salmon exports to Asia have more than doubled to £24m in response to growing demand, new HMRC figures show. European destinations continue to dominate as the main international market for Scottish farmed salmon. However, North America and Asia accounted for nearly half (47%) of all sales in the first three months of this year,…
Read MoreISI first quarter results hit by high salmon prices
Raw material inflation, especially for salmon, has had an impact on Iceland Seafood International’s first quarter results. But the company adds, in its report for Q1, that there are signs of a more balanced external environment on the horizon. ISI reported a 23% increase in sales from a year to €123.1m (£107m), along with a…
Read MoreTasmania bids to restore trust in salmon industry
The Tasmanian government has drawn up a long term plan for the state’s salmon farming industry. A key aim of the strategy is to restore declining public trust in the sector. Primary Industries Minister Jo Palmer admitted that support for salmon farming had declined and said: “This is an industry that desperately wants the Tasmanian…
Read MorePublic consultation on Grimsby salmon farm plan
The company hoping to build a £75m RAS salmon farm in Grimsby is to hold an open public consultation over the project next week. AquaCultured Seafood Ltd first unveiled the plan in February and since then it has attracted much interest. If approved, the farm would add a whole new dimension to the town’s long…
Read MoreFaroese parliament approves new salmon tax regime
Salmon farmers in the Faroe Islands are facing sizeable increases in their tax bill, it emerged yesterday. The Faroes’ largest fish farmer, Bakkafrost, has revealed that the Faroese parliament has finally approved a new law which will see some rates double at the top end. Details of the scheme became public earlier this year. Bakkafrost…
Read MoreGarware announces hires in Norway, Chile and Spain
Net specialist Garware Technical Fibres has appointed three executives to support the management of its Norwegian, Chilean and southern European markets. Olav Kolbjørn Øvereng joins the Garware Technical Fibres team in Norway as a Technical Advisor, while Ramkhrisna Borse joins the Chilean team as Technical Manager and Eduardo Wolff has been appointed as a sales…
Read MoreUK’s Aquanetix relocating to Greece
UK-based aquaculture software business Aquanetix is moving to Greece, following its acquisition by Innovasea. The cloud-based farm management software developed by Aquanetix is in use at more than 200 farms in 31 countries, helping to grow more than 30 species of fish and shrimp. The US-based aquaculture tech group Innovasea announced yesterday that it had…
Read MoreSalMar poised to sell wellboat business
SalMar has signalled it is likely to sell its aquaculture support and wellboat supply subsidiary Frøy. It acquired a significant stake in the business as part of the takeover of the NTS group, which also included Norway Royal Salmon and SalmoNor last year. SalMar also said it was also shelving all of its major new…
Read MoreOslo set to press ahead with tax plan
The Norwegian government is continuing to hold talks with just two smaller political groups on the salmon tax issue, after four main opposition parties walked out two days ago. Millions of krone were wiped off the value of salmon company shares on Tuesday. With the country enjoying two consecutive public holidays (Constitution Day and Ascension)…
Read MoreFIAP’s SolarFeeder shines
FIAP has announced another innovation, in the form of the FIAP profifeed SolarFeeder. The multi-purpose profifeed SolarFeeder is designed to impress with its user-friendly design, numerous functions and a perfect price-performance ratio. The profifeed SolarFeeder is a digitally controlled fish feeder with up to seven adjustable feeding times per day and an ejection radius of…
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