Posts by Vince McDonagh
Anger as Ottawa sticks knife into BC open net salmon farming
Canada’s decision to ban open net fish farming in British Columbia by June 2029 has been met with dismay and anger by the industry.
Read MoreSamherji reports increased revenue, falling profit
Samherji, Iceland’s largest seafood business, saw increased revenue in 2023 but its net earnings fell by 39% thanks to restructuring which saw the disposal of some of its operations.
Read MoreSalmon Evolution raises £27m to help take its second phase forward
Norwegian land based salmon company Salmon Evolution successfully raised the equivalent of just over £27m on the Oslo Stock Exchange last night.
Read MoreSalMar facing new ISA threat
Fish farming giant SalMar may have been hit by a second outbreak of infectious salmon anaemia in less than a month, it is feared.
Read MoreBC salmon farmers may get five years to change
Salmon farmers in British Columbia are to be given up to five years to transition from net-pen operations, according to reports from Canada last night.
Read MoreIcelandic salmon farmer granted a further 10,000 tonnes
Iceland-based salmon company Arnarlax has been given the go-ahead to farm an additional 10,000 tonnes of fish in the Westfjords region.
Read MoreCermaq and Grieg ‘disappointed’ over Canadian court ruling
A legal move to maintain open pen fish farming around the Discovery Islands in British Columbia – at least for a time longer – has been rejected.
A Federal Court judgment said that a decision by former fisheries minister Joyce Murray in February last year did not breach the operators’ rights of procedural fairness.
Aquaculture companies reach late night pay deal
A potentially damaging strike in the Norwegian aquaculture industry was averted late last night.
Read MoreGigante Salmon share issue raises more than £16m
Land-based fish farmer Gigante Salmon has successfully raised at least NOK 225 million (£16.6m) in a new share issue in Oslo last night.
Read MoreSalmon prices slump below NOK 100 a kilo
The slide in fresh salmon prices in Norway continued at pace last week, dropping to levels not seen for more than a year.
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