Archive for August 2023
Fresh salmon prices hit a low for this year – but volume remains high
The export price for fresh Norwegian salmon has fallen to its lowest level so far this year, according to Statistics Norway. The average price per kilo in week 30 was NOK 86.14 (£6.63), a drop of 7% on the previous week. There had been predictions that prices were starting to rise again and this may…
Read MoreHealth, production issues cost Statt Torsk NOK 12m
Norwegian cod farmer Statt Torsk has been hit by high mortalities and production issues this summer. The company has said the problems are likely to cost it up to NOK 12 million (£920,000). It has suffered a high level of mortalities at its Stokkeneset location in the west of the country, which occurred during June…
Read MoreHemp-based feed trial enters second stage
The first stage of a study to see whether hemp seed could be a viable source of protein for salmon feed has proved successful, researchers say. Now the trials are entering a second stage to find out how salmon perform in the long term when fed on the ingredient. Rare Earth Global, the company behind…
Read MoreSamherji responds to agency over RAS plant plan
Samherji, the Icelandic seafood group planning to build a large land farm near the capital Reykjavik has said its “phased” approach should address any concerns that the project might pose a threat to water supplies in the area. Iceland’s national planning agency last month expressed concerns about the impact of the development on water resources…
Read MoreChina hungry for salmon again, says Seafood Council
Salmon exports held up well during July with China emerging as one of the strongest growth markets, says the Norwegian Seafood Council in its latest monthly export report. Norway’s salmon farmers sold 95,620 tonnes of fish worth NOK 9.6bn (£736m) last month, a 13% increase in value and a one per cent increase in volume…
Read MoreAquaBounty records 26% drop in revenue
US land-based salmon farmer AquaBounty Technologies saw second quarter revenue fall by more than a quarter year on year, despite increasing its output. The company has reported revenue of $788,000 (£616,000) for Q2 2023, compared with $1.1m (£860,000) for the same period last year. Net loss in the second quarter of 2023 was $6.5m (£4.7m)…
Read MoreWinter wounds issue is a concern, says Seafood Norway
The salmon “winter wound” problem is becoming a challenging issue that requires special attention, the employer organisation Seafood Norway has said. CEO Geir Ove Ystmark said Seafood Norway plans to strengthen co-operation with the relevant professional authorities. Winter wounds or sores affect salmon skin and as the name suggests, are most prevalent in the colder months.…
Read MoreCooke’s Tassal buys struggling barramundi producer
The Tasmanian salmon farmer Tassal has bought a troubled Western Australia barramundi farmer, saving dozens of jobs in the process. Tassal, now part of the global Cooke aquaculture and seafood group, said last night that it has taken over MPA Fish Farms Pty Ltd and MPA Marketing Pty Ltd, which operates Western Australia’s only ocean based barramundi…
Read MoreBlue economy investor raises a further €20m
The Ocean 14 Capital Fund, which invests in blue economy businesses and regenerative technology for the marine environment, has received a €20m (£17m) investment from an international insurance group. Ocean 14 has also committed to investment of up to €10m (£8.5m) in a Norwegian firm that has developed a less destructive way to dredge for…
Read MoreSurvey finds Norwegian fish consumption declining
Norway may be awash with some of the finest quality fish, but its six million citizens are turning away from it, says the country’s Seafood Council. Consumption of salmon and other seafood is now at its lowest level for at least 20 years. Despite being the largest producer of Atlantic salmon, prices have skyrocketed in…
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