Posts by Robert Outram
China 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…
Read MoreJapanese giant Mitsui invests £43m in trout farm project
The giant Japanese trading group Mitsui is investing a further 78.5 billion Yen (£43m) in a major RAS trout farming project. It means that Mitsui now has a majority 50.4% stake in the trout producer known as FRD Japan. The new plant will be sited at Futtsu-shi, Chiba, around 25 miles east of Tokyo. Large…
Read MorePrivate salmon companies also doing well
Two privately owned Norwegian fish farming companies, Wilsgård Fish Farming and Arnøy Laks, have announced positive financial results for 2022. In both cases revenues and profits were much higher with Wilsgård achieving a company record and more than doubling its turnover from NOK 320 million in 2021 £24m) to almost NOK 757m (£56m) last year. High salmon…
Read MoreSenator praises US Kingfish project
United States Senator Angus King has paid a visit to the yellowtail producer Kingfish’s RAS research facilities in Maine and praised the company for its investment in the region. The Netherlands based company is expanding into the US with a recirculating aquaculture system farm near the Maine community of Jonesport. When completed it will produce…
Read MorePicky punters
A paper on the prospects for increasing the consumption of shellfish may be over-optimistic, argues Dr Martin Jaffa in his latest Comment article for Fish Farmer. Scientists at the the Department of Zoology of the University of Cambridge have examined ways to encourage the British public to eat more bivalve shellfish – a product which…
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