Posts by Robert Outram
Grieg reports another sharp rise in production costs
Grieg Seafood not only harvested fewer salmon during the first part of this year, it also saw a significant jump in its production costs. Presenting its 2023 first quarter trading update, the company announced a harvest of 15,350 tonnes against 16,900 tonnes over the same period last year. However, this output was higher than had…
Read MoreNew tech role for Kingfish Company founder
Ohad Maiman, founder and former CEO of yellowtail producer The Kingfish Company, has taken on a new senior aquaculture role. He has been appointed Chairman of the board of the Israeli high tech company BioFishency, which specialises in electro-chemical and biological filter technology treatments for RAS (recirculating aquaculture systems) plants. Maiman stepped down as head…
Read MoreStart-ups set out their stall at the Blue Food Innovation Summit
The Blue Food Innovation Summit, taking place in London on May 23-24, will present global innovators that are revolutionising blue food production whilst protecting our oceans. With our food system increasingly under stress from conflict and climate change, the summit aims to put blue food, sustainable aquaculture, and restorative ocean practices at the heart of…
Read MoreBenchmark Genetics announces leadership changes
Aquaculture biotech company Benchmark Genetics has announced a major reorganisation of its leadership team, with a new leadership position created to develop its business worldwide. Dr Morten Rye – who previously headed Genetics and Innovation – will take on a new senior role as Director, External Services and Global Strategies, expanding Benchmark Genetics’ provision of…
Read MoreMycoprotein feed start-up raises €11m
A Finnish biotech start-up that aims to produce fungus-based protein for animal and aquafeed has raised €11m (£9.7m) in its latest funding round. The capital raising exercise for eniferBio was led by aquaculture investment fund Aqua-Spark alongside Tesi (Finnish Industry Investment), with Valio, Voima Ventures and Nordic Foodtech VC also joining the round. With the…
Read MoreSalmon Evolution raises half a billion kroner in an afternoon
Salmon Evolution last night successfully completed a private placement, raising more than half a billion kroner in the process. The issue of 68,181,818 new shares in two tranches was only announced yesterday afternoon, but it was soon fully subscribed and brought in a total of NOK 525 million (around £40m). The subscription price was NOK…
Read MoreChilean industry pioneer Jorge Valdés dies at 85
Jorge Fernández Valdés, one of the pioneers of salmon farming in Chile, has died at the age of 85. He had been involved with Chile’s seafood sector since the 1960s and went onto establish the salmon farming company Salmones Camanchaca a decade or two later which developed into a powerful force in the South American…
Read MoreScottish Government ‘listening’ to HPMA protests
The minister leading a controversial proposal to bar commercial activities from a tenth of Scotland’s coastal waters has vowed to listen to rural and fishing communities that have come out strongly against the policy. Mairi McAllan, Net Zero and Just Transition Secretary, has overseen a consultation process on plans for Highly Protected Marine Areas (HPMAs).…
Read MoreThree Bakkafrost Scotland sites awarded ASC status
Three Bakkafrost Scotland salmon farm sites have been awarded the prestigious Aquaculture Stewardship Council (ASC) certification. Bakkafrost’s operations in Sgeir Dughall, Glennan Bay and Gob a Bharra have all received the certification. The company has also obtained ASC Chain of Custody certification for all three of its processing facilities on the west coast. The Aquaculture…
Read MoreSalmon Scotland says HPMA proposal threatens jobs
Industry organisation Salmon Scotland has called on the Scottish Government to think again on controversial plans for “Highly Protected Marine Areas” (HPMAs) that would see 10% of Scottish waters out of bounds for any form of commercial activity. Salmon Scotland, which represents salmon producers and the industry’s supply chain, said the government should not put…
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