Archive for May 2023
Cooke wins platinum award 18 times over
Cooke Aquaculture has once again picked up a platinum honour at the “Canada’s Best Managed Companies” awards event. The aquaculture division is part of the wider Cooke Seafood group and includes extensive salmon farming interests in Orkney and Shetland. It is the 18th consecutive time that Cooke has collected this award. CEO Glenn Cooke said: “We…
Read MoreLow prices hold back cod farmer’s revenue
Norwegian cod farmer Statt Torsk has reported a small first quarter loss despite a big rise in revenue. The company is blaming poor price returns with CEO Gustave Brun-Lie stating: “There are many reasons for this, but the fact is that we have not yet achieved our goal to differentiate our product from the other white fish…
Read MoreSeagriculture EU to focus on seaweed opportunities
Seagriculture EU 2023, the leading conference for the seaweed industry, will be taking place from 21-22 June 2023 in Trondheim, Norway. This two-day event will explore the vast potential of seaweed in various applications such as feed, food, offshore cultivation, investment and business aspects, as well as biorefinery of seaweed and much more. The two-day…
Read MoreBoatchecks
The mobile phone app that puts vessel maintenance and compliance in the palm of your hand The BOATCHECKS app is aimed at small commercial boat operators who wish to run a digital safety management system onboard their vessels. It will enable full vessel compliance, all from the palm of your hand. The app has been…
Read MoreSAIC announces funding for six more projects
The Sustainable Aquaculture Innovation Centre (SAIC) has announced support for a further six innovation projects valued at £2.5m, bringing the total number of research and development initiatives it has funded to 100. The six funded projects have secured more than £580,000 from SAIC, with additional support from businesses and organisations across the sector, including The…
Read MoreArctic Fish returns to profit for Q1
Icelandic salmon company Arctic Fish turned a loss into profit during the first three months of this year. Arctic Fish is now owned by the Norwegian giant Mowi. Previously, Norway Royal Salmon – which was part of the NTS Group, acquired last year by SalMar, held a controlling interest. Publishing results for the January to…
Read MoreKey Norwegian salmon tax vote delayed
Norway has postponed a decision on the so-called “salmon tax” after the main political parties once again failed to reach a consensus. Norway’s parliament, the Storting, was due to have produced its final recommendations for the salmon tax or ground rent tax, based around a new 35% levy on the larger coastal fish farms, tomorrow.…
Read MoreShowing some mussel
Producers’ collective Scottish Shellfish made their debut at Seafood Expo Global in Barcelona last month, and Nicki Holmyard was there to find out how it went. Read her article on page 28 of Fish Farmer’s May 2023 issue, available here to read online or download.
Read MoreBiological problems hit Grieg’s Q1 profits
Grieg Seafood has reported a first quarter drop in operating profits, mainly due to biological issues in Norway. The company produced an EBIT of NOK 385 million (£28.7m) against NOK 453m (£34m) a year ago. The harvest was down by around 1,500 tonnes to 15,357 tonnes but Grieg expects a much higher output of 21,300…
Read MoreAn opportunity and a warning
Salmon Scotland Chief Executive Tavish Scott argues that the sector’s contribution to the Scottish economy could be at risk unless the government is prepared to think again about its plans for Highly Protected Marine Areas. Read his article, starting on page 26, in the May issue of Fish Farmer magazine, available here to read online…
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