Posts by Vince McDonagh
Iceland land-based company raises additional €6m
The Icelandic salmon farming company Laxey has successfully raised €6m (just over £5m) in a new issue which has attracted a number of Norwegian investors.
Read MoreNordic Aqua reporting high quality from new China farm
Nordic Aqua Partners, the Norwegian company developing a new land-based salmon farm in China, has announced a first operational harvest of 523 tonnes.
Read MoreMowi and SalMar among world’s leading sustainable businesses
Two Atlantic salmon farming giants, Mowi and SalMar, have been named by TIME Magazine and the German data and analysis company Statista as being among the world’s most sustainable companies this year.
Read MoreGrieg Q2 down, Lerøy Q2 higher
Grieg Seafood has revealed a much lower 2024 second quarter harvest with output down in its two main Norwegian regions.
Read MoreBattle over the fjords
Iceland’s elected representatives are weighing up the arguments for and against further growth in the country’s salmon farming sector.
Read MoreNorwegian salmon drops below NOK 80 per kilo
The summer slump in Norwegian fresh salmon prices shows no sign of letting up, according to the latest official figures.
Read MoreAker BioMarine plans spinout for krill feed business
Krill harvesting company Aker BioMarine announced last night that it has entered into an agreement with the US buyout fund American Industrial Partners to sell ownership in its feed ingredients business. The deal is based on an enterprise valuation of US $590m (£463m).
Read MoreSalmon price slump halts Norway export boom
The Norwegian seafood export boom which has been making headlines for the past few years has ground to a halt. Figures from the country’s Seafood Council, published today, show that overseas sales in the first six months of this year totalled NOK 80.6 billion (£6bn) but fell by NOK 1.6 billion (£118m)
Read MoreAquaBounty sells its Indiana farm to another RAS producer
AquaBounty Technologies has finally sold its land-based farm in Albany, Indiana after putting it on the market earlier this year.
Read MoreTurning a corner
As Vince McDonagh reports, Lerøy Seafood Group says it is finding solutions for the many challenges that beset the business last year.
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