Posts by Vince McDonagh
Lerøy reports fall in Q3 profits
The Lerøy Seafood Group today reported a £15m drop in its third quarter profits, blaming weak salmon and trout prices for the slump. The Q3 operating profit was NOK 412m (£29m) against NOK 631m (£44.5m) a year ago. On a brighter note, the company said its associate Scottish Sea Farms, in which Lerøy holds a…
Read MoreLerøy set to invest £25m in submersible cages
The Lerøy Seafood Group is investing around £25m in new farming technology in a move to improve fish welfare, the company announced today. This will include new submersible cages to protect the fish from sea lice.
Read MoreNordic Aqua upbeat despite off-flavour issues
Land-based salmon farmer Nordic Aqua Partners said today that the geosmin problems, which affected production at its facility in eastern China location during the summer, have continued into the third quarter.
Read MoreSeafood at centre of Norway’s export drive
The seafood industry will be the next focus in the Norwegian government’s export reform programme.
Read MoreWarmer seas hit Greece’s mussel harvest
Sea warming is not only affecting salmon farms – it has all but wiped out mussel aquaculture in Greece this year, according to reports.
Read MoreKey Grimsby seafood business saved
A Grimsby seafood business and with it more than 30 jobs have been saved following a financial rescue mission.
Read MoreArctic Fish chief to step down
Stein Ove Tveiten, is to step down as CEO of Mowi owned Arctic Fish in Iceland, it was announced today.
Read MoreImitation salmon project receives €2m funding boost
The quest to find an acceptable non fish version of salmon has been given a €2m-plus boost from the European Union.
The Austrian food-tech company Revo Foods is working with the biotech company Paleo on a project to develop an imitation salmon style fillet using proteins derived from yeast.
Read MoreJellyfish attacks leave a harmful legacy, study finds
Jellyfish can still kill and cause problems for fish even after they have left an area, new research suggests.
An article published recently in the scientific journal Aquaculture Environment Interactions show that the economic consequences of a jellyfish incident can be quite long lasting.
Read MoreSalmon Evolution on track for 5,000 tonnes
Norway’s young land based salmon farmer Salmon Evolution said it is on track to slaughter 5,000 tonnes this year – and is expecting even bigger things for 2025.
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