Still no agreement on Nova Austral debt crisis

Nova Austral crew

The long-running saga over the troubled Chilean salmon farmer Nova Austral will now drag on into the New Year. It had been hoped a rescue package could be reached by the end of last week, but the creditors again rejected various proposals in a revised reorganisation agreement filed with a court in Chile. This is…

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PD spreading in northern Norway, tests show

The Norwegian Food Safety Authority has reported that another case of pancreatic disease (PD) has been detected at a fish farm in the north of the country. The facility is operated by salmon farmer Nova Sea, which has been told that it will have to empty the facility quickly in order to reduce the risk…

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Mowi Scotland revenues up, but profits down

Mowi Scotland has reported a 3.74% rise in turnover to £443.3m last year – but it also saw a large drop in profits. The latest accounts for the Scottish arm of the world’s largest farmed salmon producer for 2022 have just been published. The operating profit was £27m against £54m in 2021 and the profit…

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Iceland Minister allows more time over aquaculture reform plan

ICELAND’S Fisheries and Food Minister Svandís Svavarsdóttir has reacted to criticism that she has not given the country’s salmon farming industry enough time to study proposals in  the new aquaculture  bill. Originally she had said she wanted comments by January 3rd but has now extended the deadline by just seven days – until January 10th. The…

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Mount Fuji farmer raises additional £10 million

Mount Fuji

Proximar Seafood, the company behind the Mount Fuji, Japan, RAS Salmon farm project, has successfully raised a further NOK 140 million (almost £10.5m)  in fresh capital, an Oslo Stock Exchange announcement confirmed last night. The company said it was “pleased to announce that the board of directors of the company has conditionally allocated 70 million…

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Venice is the venue for AquaFarm 2024

AquaFarm is the Italian international conference and trade show on aquaculture and sustainable fishing organized with the two most important Italian Associations of the sector. It will be back on 14 and 15 February 2024 in Pordenone, in the Venice area. The event was first held in 2017 and during last edition it recorded 62%…

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China overtaking Japan in salmon consumption

China has taken over from Japan as the leading Asian market for Norwegian salmon, new data shows. So far this year Norway’s salmon farmers have sold 60% more salmon to China than over the same time before the pandemic. The Norwegian Seafood Council says: “When such things happen it is important to be on the…

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Salmon continuing to boost Scottish economy

The Scottish aquaculture sector’s direct economic contribution is now approaching the half a billion pounds mark, a new Scottish government report has disclosed. And it is also continuing to create new employment opportunities. The government’s marine economy statistics for 2021 (published this week) says it has increased by 154% to £472 million over a decade,…

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ANB rolls out new sensor interface

ANB Sensors has unveiled the first images of the new graphical user interface (GUI) for the company’s multi-parameter, calibration-free sensors. Navigating the interface is intuitive, making data inspection seamless and visually pleasing. Users can effortlessly monitor pH, temperature, and salinity metrics in real-time. The GUI’s minimalist design ensures accessibility for users of all levels, taking…

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Wild Atlantic salmon “facing major threat”

Climate change is threatening a growing number of species including the Atlantic salmon, warns an update to the World Conservation Union (IUCN) red list of threatened species. The information, released at the COP28 UN climate conference in the United Arab Emirates, also includes the first global freshwater fish assessment, and highlights the impact of illegal…

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