Archive for May 2023
Bakkafrost Scotland turns loss into big profit for Q1
Bakkafrost announced today that its Scotland business showed significant improvement during the first three months of this year, turning a loss into profit. The SCT (Scotland) farming segment produced an operational EBIT or profit of DKK 155m (£18m) against a loss of DKK 55m (£6.5m) 12 months earlier. On a group level, the Faroes-based salmon…
Read MoreLoch Duart on the Downing Street Coronation menu
Independent producer Loch Duart’s salmon was on the menu at the Coronation Big Lunch at 10 Downing Street yesterday. The smoked Loch Duart salmon is from Valley Smokehouse, known for supplying Le Manoir aux Quat’Saisons, and other high-end restaurants, and was delivered by Flying Fish Seafoods who hold two Royal Warrants and supply Michelin-starred chefs…
Read MoreMowi launches new UK ready-to-cook range
Mowi has announced the launch of a new product range to add to its UK ready-to-cook retail category. A range of four recipe products ready to go into the oven are now available in various UK retailers, including Sainsbury’s and Asda stores nationwide. Using Scottish ASC-certified salmon, the company said its chefs have come up…
Read MoreRegistration now open for Seawork 2023
The 24th edition of Seawork, Europe’s largest commercial marine and workboat exhibition, returns to Mayflower Park on 13-15 June 2023. The show is expected to attract more than 6,400 visitors from more than 60 countries. Seawork will be welcoming back over 45 associations and supporting organisations, including International Harbour Masters Association; Big Blue Ocean Clean…
Read MoreBenchmark promotes two to new salmon roles
Aquaculture biotech business Benchmark has announced two promotions to newly created roles promoting the company’s services to the salmon sector. Kate Furhovden Stenerud is Benchmark’s new Commercial Director for salmon, while Thommy Holmvåg is the new Commercial Lead for genetics in Norway. These changes are part of the company’s strategy, Benchmark said, to enhance its…
Read MoreFish farmer claiming £2m ‘misdiagnosis’ compensation
Salmon producer Måsøval is demanding more than £2m in compensation from the Norwegian government over claims that a form of pancreatic disease was misdiagnosed at one of its fish farms three years ago. The company, which has been arguing for some time that it suffered large losses as a result of the misdiagnosis, has now…
Read MoreSalmon prices down on ‘Barcelona effect’
As expected the price of Norwegian fresh salmon fell last week which many observers are putting down to the “Barcelona effect”. With buyers and senior company officials decamping in large numbers to Spain for the Seafood Expo Global trade show it had been widely predicted that prices would falter – and they did. According to…
Read MoreMSPs rebel but bid to shelve HPMAs fails
Three members of the governing SNP party rebelled in a debate yesterday over the Scottish Government’s controversial proposals for highly protected marine areas (HPMAs) which would ban fishing and aquaculture in 10% of the country’s coastal waters. The commitment to introducing HPMAs, in which virtually all commercial activity would be barred, was part of the…
Read MoreRegister now for Seagriculture EU 2023!
Seagriculture EU 2023, the leading conference for the seaweed industry, will take place from 21 – 22 June 2023 in Trondheim, Norway. The two-day program will go into the many different applications of seaweed that exist now and will include 6 plenary sessions, a panel discussion, an accompanying trade show and plenty of room for…
Read MoreProximar secures funding for Japanese RAS farm
Proximar Seafood says it is now fully funded up to the first harvest at its new salmon farm in Japan, expected later next year. The company has secured a NOK 130 million (almost £10m) loan agreement with the investment company Grieg Kapital AS. Proximar CEO Joachim Nielsen said in an Oslo Stock Exchange announcement that this…
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