Acquisitions help boost SalMar’s Q2 harvest numbers

Salmon producer SalMar has announced an increase in its Norwegian 2022 second quarter harvest, adding almost 12,000 tonnes, but its Icelandic subsidiary reported very low figures. The large rise for SalMar is due to its acquisition of the NTS group last year, which included Norway Royal Salmon and other farming operations, which have now been…

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Seafood exporter Coast reports big jump in sales

Norwegian exporter Coast Seafood has reported a 14% increase in its turnover to NOK 6.4bn (£475m) for last year. In January this year, it bought the Danish company Vega Salmon for an undisclosed sum and it is reported that part or all of Vega’s performance has been included in the accounts. Vega Salmon produces around…

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New Zealand King Salmon appoints CEO

New Zealand King Salmon has appointed the highly respected businessman Carl Carrington as its new Chief Executive Officer. The company said he brings a “wealth of executive and governance experience” to the business at a time when the company is resetting its strategic and operational focus following a challenging period. Carrington (pictured, below) has led…

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Donut heads out to start trials at sea

The Marine Donut, the world’s largest closed fish farm cage, left its construction site south of Oslo at the weekend, setting out on a 500 mile journey to its new production location. The 600 tonne thermoplastic structure was jacked onto a barge several days earlier in a ceremony watched by staff and directors of Bluegreen,…

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ISA suspected at SalMar site

Infectious Salmon Anaemia (ISA) is feared at two more companies in Norway, the Norwegian Food Safety Authority has reported, while a suspected case discovered at the end of last month has now been confirmed. These latest incidents follow a high number of cases in June with farms in Vestland and Trondelag counties bearing the brunt.…

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Salmon Evolution reports success in tackling AGD

Land based fish farmer Salmon Evolution says that the biological issues affecting its site in Indre Harøy, Norway have now been resolved. In May the company said it was experiencing increased mortality levels following the discovery of biological problems which were mainly related to amoebic gill disease (AGD). The company then embarked on a water…

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Ÿnsect appoints new CEO, announces board changes

Alternative protein producer Ÿnsect has appointed a new CEO, Shankar Krishnamoorthy, as part of a board reorganisation that sees co-founder and former CEO Antoine Huber stepping down to focus on “innovation, science and impact”. Ÿnsect raised €160m (£137m) in its series D funding round in April this year. The company transforms mealworms into high-end, high-value…

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Norwegian seafood exports up in June

June brought a welcome spell of sunshine for Norwegian seafood exporters, with salmon producers once again in the lead. Yesterday the Norwegian Seafood Council published figures showing record exports of NOK 82bn (£6bn) for the first six months of this year. June’s export numbers showed a marked improvement on April and May. During the month…

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Lerøy reports 10% year-on-year fall for Q2 harvest

The Lerøy Seafood Company today reported that its second quarter harvest will be more than 3,000 tonnes lower than last year – and 7,000 tonnes down on the April to June period two years ago. In a trading update the volume of salmon and trout for Q2 2023 was 29,700 tonnes against 33,100 tonnes in…

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Norway’s seafood exports hit NOK 82bn record for H1

Norway’s seafood exports hit a record NOK 82.3bn (£6bn) during the first half of 2023, figures from the Norwegian Seafood Council released today show. This represents an increase of NOK 12.3bn (just over £900,000) or 18% on a year ago, by value. Seafood Council CEO Christian Chramer said the country’s seafood export performance had never…

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