Archive for January 2024
Norbech AS has a new owner
The assets and activities in the seafood processing machinery company Norbech A/S have been sold to a new owner Norbech A/S was declared bankrupt last month and has now been sold to a new owner so that the activities in Norbech can continue as a significant player in the seafood and fishing industries. For a…
Read MoreGrieg pioneer dies aged 91
Per Grieg (pictured), the former head of the Grieg Group, which includes the Grieg fish farming business, has died just short of his 92nd birthday. He was not only one of Norway’s great business personalities, but also a major supporter of good causes at home and overseas. Grieg Seafood today is one of Norway’s leading…
Read MoreNorcod lands big Chinese distribution deal
Cod farmer Norcod has signed a major deal with a Chinese distribution company to supply a minimum of 800 tonnes of fish. The figure represents around 10% of the company’s expected production this year. Trondheim-based Norcod said: “Even more crucial, the fish exported to China as part of this contract will generate profits – which…
Read MoreResearching complex gill disease in Atlantic salmon
Moredun is helping to find ways to improve salmon gill health Moredun Scientific’s scientists are developing experimental models of gill diseases in Atlantic salmon (pictured). The gills of Atlantic salmon play a key role in physiological processes. Their structure enables efficient transfer between blood and the water environment, but the gills may be exposed to…
Read MoreStill no sign of end to Chilean salmon farmer agony
Shareholders in the troubled Chilean salmon farmer Nova Austral are still waiting to hear what is going to happen to the company. After several postponements since the summer, a decision on its future was expected this week, but that has been delayed for at least a further week – with still no guarantee the issue…
Read MoreScottish Government sets out blueprint for marine science
The Scottish Government has published its Marine Science and Innovation Strategy highlighting the crucial role of science and innovation in realising the full potential of the marine environment. The Strategy – part of the Blue Economy Vision to 2045 – is intended as a blueprint for the Scottish Government to utilise the best available science,…
Read MoreKontali names Kjerstad as next CEO
Seafood markets consultancy Kontali has appointed Kjetil Angell Kjerstad as the company’s Chief Executive Officer, starting from 1 April. Kjerstad is currently Head of Business Development and Strategy at telecoms business Telia Norway. He was formerly Head of Google Ads in Norway and his career also includes roles with Microsoft Norway and Telenor. Kontali provides…
Read MoreHilton says seafood turnaround contributed to revenue growth
A strong performance by its UK seafood subsidiary contributed to a successful 2023, according to multinational producer Hilton Food Group. In its trading update for the 52 weeks ending 31 December 2023, Hilton said it expects to report revenue for the year in line with the board’s expectations. Hilton also said: “Trading during the key…
Read MoreTrout farmer receives first eggs – and eyes US expansion
Hima Seafood has just taken delivery of the first eggs for its new trout farm in Telemark, Norway. The company also disclosed that it is looking at moving into the United States over the next few years. Hima’s managing director, Sten Falkum, told the US magazine Forbes that it has acquired a plot of land…
Read MoreNordic Halibut reports solid rise in prices and revenues
Premium white fish farming company Nordic Halibut has reported a marked increase in revenues during the final quarter of last year. This was overwhelmingly due to higher prices for its product – farmed halibut – which achieved an average of NOK 165 (£12.50) per kilo for 5kg fish. The company said that notably, halibut sold…
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