ISA suspected at Lerøy site

Norway is facing the costly prospect of more infectious salmon anaemia (ISA) cases, it has emerged this week. The latest suspected outbreak is at a location in Vestland county, where Lerøy Seafood has a farm. The company informed the Norwegian Food Safety Authority of its suspicions last Friday. The suspicion was the result of a PCR…

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Mowi’s road fleet is set to go electric

Edinburgh-based fleet management company Gofor has been appointed to manage Mowi Scotland’s transition to a combined electric and plug-in hybrid electric vehicle fleet. Mowi said it intends for all its company cars to be zero-emission or hybrid by 2025, and will include vans and pick-ups in this transition, as and when suitable vehicles become available.…

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Boulogne RAS salmon farm inquiry ends

A plan to build a land-based salmon farm in the French fishing port of Boulogne has run into opposition from environmental groups and many locals. In typical French style, there have been angry demonstrations from placard-carrying opponents. A public inquiry into the project, which could decide its future, has just ended with the outcome expected…

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Bakkafrost shares plummet on profit warning

Bakkafrost shares plunged by 15% on the Oslo Stock Exchange yesterday following a second quarter profit warning from the company. Some estimates put the loss in share value at more than five million Norwegian kroner – or at least £380,000. Bakkafrost has a current market value of NOK 32 billion (£2.4bn). The shock came late…

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UK government funding for Scottish fisheries and aquaculture

Mowi’s planned broodstock project at Ardessie, the Scottish Sea Farms post-smolt facility at Barcaldine and mussel farmer Inverlussa Shellfish are among the recipients of the latest round of UK Government funding for the Scottish fishing and aquaculture sectors, through the UK Seafood Fund. A total of £18.7m is being awarded to 10 projects across Scotland…

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Arctic Fish secures £146m refinancing deal

Arctic Fish of Iceland has agreed a major refinancing package to help its sustainability goals and prepare the way for major expansion in the Westfjords region. The Mowi-owned business has signed a three year agreement for an ISK 25bn (£146m) refinancing with a syndicated loan from DNB, Danske Bank, Nordea and Rabobank. There is also a…

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Bakkafrost issues Q2 profit warning

Bakkafrost today issued a profit warning and issued early preliminary results for the second quarter of this year, which look to be nearly 40% down on last year’s Q2 numbers. The company said the main problem was the “extraordinarily low” harvest volumes in the Faroe Islands, but added that Scotland also had reduced harvests due…

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Satellite solution means fish farmers can manage feeding remotely

Fish farmers will be able to monitor remote farm sites by video link, even if there is no cellular connectivity or power on site, thanks to technology developed by satellite communications specialist Krucial. Using the new solution, fish farmers can get a continuous video stream from pens, whether or not there is any cellular connectivity…

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Showcasing our salmon farms

As the summer holidays get underway, Salmon Scotland Chief Executive Tavish Scott explains why we should encourage visits to farm sites, to see the reality of aquaculture rather than the version presented by its critics. Read his article, starting on page 24 of Fish Farmer’s July 2023 issue, which you can find here.

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Mowi Scotland Q2 harvest up 38% on last year

Mowi has announced a 2023 second quarter EBIT or operating profit of €300m (£256m), with its Scotland division showing a much improved harvest and financial performance. The operating profit was €20m (around £17m) lower than last year, but this is in line with industry expectations. The world’s largest producer of Atlantic salmon harvested 107,500 tonnes…

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