Archive for April 2024
Buoyant Kingfish on course to profit
The Kingfish Company, the Netherlands-based yellowtail fish farmer, recorded a strong performance last year. Publishing its accounts for 2023, the company reported revenues up coupled with what it said was an excellent biological performance. It achieved a 17% revenue increase in 2023, reaching €21.9m (£18m) against €18.7m (£16m) in 2022. Kingfish, which has a second…
Read MoreMowi court battle over salmon tax gets underway
Mowi’s attempt to get Norway’s new salmon tax declared unlawful has finally reached the courts. According to the newspaper/news site Bergens Tidende the company met government officials at the Hordaland district court near Bergen yesterday. Mowi’s Chief Executive Ivan Vindheim, who is the probably the industry’s strongest opponent of the tax, was there for the start…
Read MoreNew guidance from Conservation Alliance stresses the ‘human factor’
Guidance on ethical best practice for seafood companies has been released by a leading international organisation, stressing the importance of human rights as well as conservation. The Guidance for Companies on Environmentally and Socially Responsible Seafood is published by the Conservation Alliance for Seafood Solutions, a not-for-profit body that includes seafood businesses, academics and non-governmental…
Read MoreMaking better quality feeds more efficiently
Maxi-Mil trials show that enhancing moisture retention improves mill efficiency and feed usage, reducing process waste, promoting pellet quality and generating fewer fines. Rising costs have made achieving efficiency in feed production crucial. Optimal inclusion, penetration and retention of moisture within aquafeed formulations enables the efficient use of expensive ingredients to make higher-quality feed, saving…
Read MoreCoastal Workboats grows Stornoway team
It’s been full charge ahead for Coastal Workboats after signing a new 10-year lease agreement with Stornoway Port Authority for their Marine Engineering Workshop at the turn of the year. The months that followed have seen an ongoing roll-out of a recruitment drive to grow the company’s local team on the ground, a vast procurement…
Read MoreFull speed ahead for sea trials showcase
Preparations are moving fast as vessels, speakers and delegates confirm for this year’s Speed@Seawork, partnered with the Society of Marine Industries (SMI). The event, which showcases fast working boats and demonstrates the latest maritime technology and equipment, takes place on Monday 10 June 2024, just ahead of the Seawork trade show. The venue for Speed@Seawork is The…
Read MoreAtlantic Sapphire positive after higher harvest numbers
There was much brighter news from the Florida based salmon company Atlantic Sapphire yesterday, as it reported a large increase in its first quarter harvest. The company, which has had more than its share of problem including a falling share price last year, reported a 20214 first quarter harvest of 1.15 million tonnes (heads on…
Read MoreSalMar warns of lower price achievement
SalMar, the world’s second largest Atlantic salmon farmer, has announced an increased 2024 first quarter harvest – but it says biological challenges have hit average weight and quality. The group harvested 52,900 tonnes during the January to March period against 49,800 tonnes in the same period last year. It also said that the influences of…
Read MoreASC Farm Standard consultation reaches final round
The Aquaculture Stewardship Council (ASC) is launching the last round of stakeholder consultation to help finalise the content of its new Farm Standard. Stakeholders are encouraged to take part before the consultation closes on Monday 20 May. The new standard tightens up requirements across a range of areas from greenhouse gas emissions and human rights…
Read MoreInnovation at sea
The marine sector is changing, with alternative fuels and bigger vessels coming onto the market, says Sandy Neil The world’s first hydrogen workboat, the UK’s first 100% electric workboat, the return of shipbuilding to Stornoway, a new super-sized wellboat and a merger between marine operators have all helped to make it an eventful 2023 and…
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