Independent salmon producers sign NOK 22 billion feed deal

The Salmon Group network, which represents several small and medium sized Norwegian fish farmers, has signed a new long term feed deal worth NOK 22 billion (£1.66 bn). The group said that in a world where risk and instability prevail, it was important to focus on sustainability and human rights in feed contracts. Christine Lyngsgård…

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Kingfish on course for record 2023, says CEO

The Kingfish Company achieved record production results last year  despite several  external political and economic challenges, CEO Vincent Erenst tells shareholders in the company’s 2022 annual report. The yellowtail producer also significantly improved sales while bringing its Netherlands phase two facilities  close to completion and making major progress with its Maine, USA project. Sales for…

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We will not force protected zones on coastal communities – McAllan

Scotland’s Net Zero Secretary Mairi McAllan has said her government’s pledge to introduce marine protected areas will not be imposed on coastal communities against their will. While defending the plan, she said in an exclusive interview with David Bol, The Herald’s political correspondent, that no sites have yet been identified. The proposal has brought angry…

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NASF partners with Seafood People

Annual industry event the North Atlantic Seafood Forum (NASF) has entered a strategic partnership with the executive recruitment group, Seafood People and investment firm Pareto Securities. The agreement means Seafood People and Pareto will help assist the current management of NASF with further development of the programme, speakers, and the technical implementation of the event.…

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Atlantic Sapphire halved losses in 2022

Atlantic Sapphire chairman Johan Andreassen has spoken of “a challenging year” as the company announced it had reduced its losses by more than half during 2022. The land-based land salmon farmer, situated in Miami, Florida, reported a net loss of US $65m (£52.4m), down from $133m (£107.1) in 2021. Revenues were up by $2.1m to…

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Salmon prices up again after Easter dip

Fresh salmon prices have climbed back up after sagging over Easter, according to the latest figures from Statistics Norway. In week 15 it said the export price rose by 3.8% or by NOK 4.18 to NOK 113.39 per kilo (£8.63). Fresh salmon prices hit a peak of NOK 122.88 a kilo (£9.35) a couple of…

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Icelanders against open pen farming, Gallup poll finds

More than half of Icelanders are against open net-pen salmon farming at sea, according to a Gallup poll. The survey was carried out on behalf of a number of campaign groups dedicated to protecting the country’s wild salmon population. Its findings contradict an earlier poll which found that 67% of the population in the country’s…

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Gael Force chief joins Salmon Scotland board

Stewart Graham, Managing Director of aquaculture supplier Gael Force has joined the board of industry body Salmon Scotland. He was unanimously elected to the board at Salmon Scotland’s AGM in Edinburgh today. Graham, founder of the Inverness-based Gael Force Group, brings 40 years of experience in the aquaculture and marine sectors and is a well-respected…

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Aqua-Spark backs Vietnamese shrimp tech business

A trio of investment bodies has put capital into Vietnamese shrimp farming technology business Tepbac. Netherlands-based global aquaculture investment fund Aqua-Spark, global agrifood tech VC AgFunder, and Vietnam-focused VC fund Son Tech Investment have teamed up to invest an undisclosed sum in Tepbac, which supplies shrimp farmers with IoT (Internet of Things)-enabled hardware and a…

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Mowi’s Salmon Wagon back on the road for summer

Mowi Scotland has announced the summer schedule for its “Salmon Wagon”, which raises funds to support good causes at events throughout the country. In summer 2023 the aquaculture leader’s Salmon Wagon is set to attend 10 major events from Rosyth to Kyle of Lochalsh – with stops at Achiltibuie, Appin, Benbecula, Isle of Harris, Isle…

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