Archive for August 2023
Salmon price slide continues
Norwegian fresh salmon prices continued to slide over the past week, amid predictions they probably have further to go. Figures for week 31 from Statistics Norway show they fell by NOK 2.86 to NOK 83.28 (£6.41) per kilo – a decline of 3.3%. The previous week fresh prices hit their lowest level of the year,…
Read MoreMillion dollar grant to develop “fish free fish”
Two companies thousands of miles apart have received a million US dollars to help develop fish free “salmon”. Oshi from Israel and The Better Meat Company in California say they are working together to create a healthy, humane and sustainable alternative to actual fish. They have received the grant from the Binational Industrial Research and…
Read MoreCod farmer to carry out strategic review of business
Norwegian cod farmer Statt Torsk has announced it is to carry out a strategic review of its business. The company said in a stock exchange announcement that it will involve a whole range of alternatives. It is expected to include financing, structural and business development. In general, Statt Torsk is looking at solutions to get short-term working…
Read MoreThe August 2023 issue of Fish Farmer is out now online
The August issue of Fish Farmer is available now, and you can read or download it online here. This month, we finally got to report on the Scottish Government’s Vision for Aquaculture, which had originally been expected by the end of last year. The Vision sets out the Scottish Government’s aspirations for the aquaculture sector…
Read MoreHigh temperatures set to slow Atlantic Sapphire’s growth for Q3
Florida-based salmon farmer Atlantic Sapphire said today that it had harvested a total of around 400 tonnes (heads on gutted) during the second quarter of this year, in line with expectations. Revenues for the first six months of this year will be around US $8m (£6.3m), it added. But the company has warned that there…
Read MoreGigante Salmon ready for autumn production
New land-based fish farmer Gigante Salmon said today it is on course to start production this autumn. The company is building one of Norway’s most advanced RAS (recirculating aquaculture system) facilities on the island of Lille Indre Rosøya in Rødøy. Presenting its 2023 Q2 results, the company stressed it was still in the development phase, but…
Read MoreBenchmark expands Reproductive Technologies team
Aquaculture biotech company Benchmark has hired Dr Diego Crespo as the latest recruit to its new Reproductive Technologies team. Dr Crespo joins from the Institute of Marine Research in Bergen, Norway (IMR). He brings over 15 years of experience of fish reproduction and biotechnology, including CRISPR gene editing targeting sterility. Crespo will maintain his strong…
Read MoreCod farm expansion plan turned down
A bid by the cod farmer Ode AS to expand its operations in the north of Norway has been turned down by the local county council. The Nordland county authority did not give a reason for the refusal, but it could be due to fears over recent cod escapes from other farms. The Alesund based…
Read MoreNordlaks announces record revenues and profits
Nordlaks, the company behind the giant offshore platform Havfarm1, has reported results from another outstanding year. The family-owned aquaculture business announced record revenues of NOK 4.45 billion (£345m), an increase of NOK 3.61bn (£280m) and a profit after tax of just over NOK 1 bn (£77m). CEO Eirik Welde said the performance was largely due…
Read MoreZambian government signs AFRAQ23 hosting agreement
Preparations for the upcoming AFRAQ2023 – the 22nd Annual International Conference and Exposition of the African Chapter of the World Aquaculture Society (WAS) – were given a boost last week following signature of the hosting agreement by Zambia’s Ministry of Fisheries and Livestock. The conference will take place on 13-16 November 2023 in Lusaka, Zambia.…
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