Posts by andrewbalahura
Iceland salmon exports soar as new aqua bill approved
THE value of Icelandic farmed fish exports have jumped by 71 per cent to 8.6 billion kroner – or £54-million – during the first four months of this year, new figures show. The announcement comes as Iceland’s parliament, the Althing, approved a new bill on the future of the industry which includes a number of…
Read MoreSeafood fast tracked in no deal Brexit
SCOTTISH seafood companies have struck a deal with French officials in Boulogne Sur Mer to fast track exports to Europe in the event of a no deal Brexit. Eight border inspector bays will be set up in the town, ready to check lorries carrying seafood. The drivers will be issued with special passes so they…
Read MoreScotland boosts strong Mowi Q1 performance
MOWI’S Scottish operations played a key role in the world’s largest salmon farming company announcing strong results for the first three months of this year, figures show today. The company reported a 2019 Q1 group operational EBIT of €196 million, considerably up from the 2018 figure of €158 million over the same period a year…
Read MoreBakkafrost posts lower Q1 profit
THE Faroese salmon farming group Bakkafrost today announced a first quarter operating profit (EBIT) of 267.7 million Danish kroner (£30.6 million), marginally lower than the same period 12 months ago. Harvest volumes, however, were up from 12,200 tonnes to 13,700 tonnes this year. The company said that while salmon spot prices had picked up since the…
Read MoreRecord month for Norwegian salmon
APRIL has proved to be another outstanding month for Norway’s salmon and trout farmers, with exports continuing their relentless and impressive rise. Thanks to strong global demand, sales of salmon hit a record at 86,000 tonnes and were worth NOK 6.2 billion (£540 million), a volume rise of 17 per cent and an increase in value of…
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