Posts by Vince McDonagh
Asda recalls wrongly labelled King Prawn product
The Asda supermarket group has pulled a cultivated fresh king prawn product from its shelves over mislabelling; a mistake which could make them unsafe. Asda has warned the public not to eat the product, which is probably farmed. It is labelled “Asda Succulent Cooked and Peeled King Prawns 210 grams”. These are fresh, rather than…
Read MoreLabour election hopeful impressed during visit to Cooke Aquaculture
Frank McNally, a leading Scottish Labour politician and general election hopeful, has met with Cooke Aquaculture Scotland to hear about the positive and social impact the company, and aquaculture in general, is having on the region. (Pictured) Cooke Scotland managing director Colin Blair, left, and North Lanarkshire councillor and Coatbridge and Bellshill Labour Party prospective…
Read MoreEuropean Parliament changes smoked salmon rules despite protests
THE European Parliament has decided to press ahead with a potentially controversial change to the regulations around smoked salmon processing. Objections had been raised by the processing sector but they were rejected by the Strasbourg based parliament last week. The new regulations centre around part of the production system known as the “stiffening process” The…
Read MoreNew finance chief for Nordic Halibut
THE fish farming company Nordic Halibut has a new finance chief to help take the company forward. He is Thomas Scheele Berg (pictured) currently with currently serving as an investment manager at Fred. Olsen Investments. He takes over on August 1st. Berg brings experience in mergers and acquisitions (M&A), equity capital markets (ECM), and Debt…
Read MoreAkva Group wins key Iceland contract
LAXEY, the Icelandic company building a young land based salmon farm in the Westfjords region, has signed a keynote deal with the Akva Group. The agreement will focus on the implementation of re-use technology across the first of six grow-out modules planned for the site. Each module is designed to produce 4,500 tons of salmon…
Read MoreMayors in mass protest over salmon traffic light plan
A GROUP of 14 mayors along the west coast of Norway have signed a petition against government proposals to reduce fish farming in some parts of the region. They fear it will lead to a cut in investment and jobs among the coast communities which they represent. But what is worrying for the government is…
Read MoreMowi in staunch defence of salmon
MOWI has come out fighting against industry detractors with a news statement describing salmon as a nutritional powerhouse. The company says on its website : “We are all aware of the numerous health advantages linked with salmon consumption, but how beneficial is it for you? “Nutrient-dense foods such as salmon play an important role in…
Read MoreCanada’s Poseidon crosses Atlantic to Norway
The Canadian based aquaculture solutions company Poseidon Ocean Systems is to move into Norway. It has just announced that it is partnering with the Norwegian based technology supplier Fjord Miljo in a move which it says will allow it to reach new customers across the Atlantic while receiving the same level of service Fjord Miljo…
Read MoreBuoyant Kingfish on course to profit
The Kingfish Company, the Netherlands-based yellowtail fish farmer, recorded a strong performance last year. Publishing its accounts for 2023, the company reported revenues up coupled with what it said was an excellent biological performance. It achieved a 17% revenue increase in 2023, reaching €21.9m (£18m) against €18.7m (£16m) in 2022. Kingfish, which has a second…
Read MoreMowi court battle over salmon tax gets underway
Mowi’s attempt to get Norway’s new salmon tax declared unlawful has finally reached the courts. According to the newspaper/news site Bergens Tidende the company met government officials at the Hordaland district court near Bergen yesterday. Mowi’s Chief Executive Ivan Vindheim, who is the probably the industry’s strongest opponent of the tax, was there for the start…
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