NEWS
Omega-3 pioneer prepares to scale up
A Scottish-based biotech company looking to develop a new source of natural omega-3 is planning to expand after raising £14m in funding. MiAlgae uses nutrient-rich by-products from the whisky industry...
Under fire
From highway robbery to lawsuits from indigenous communities, as Vince McDonagh reports, the Chilean salmon industry is facing challenges on a number of fronts. Of all the major fish farming...
Proximar secures one billion yen in loan capital
Proximar Seafood has secured two loan agreements worth a total of one billion Japanese yen for its Mount Fuji RAS salmon farm project. The figure, broadly equivalent to £5.3m or...
Norwegian salmon price slowly moving up again
The fresh salmon market is back on an upward trend in Norway again, for the first time in several weeks. But the increase is small, at just 1.4% according to...
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Red Lobster restaurant chain secures survival at last
US seafood chain Red Lobster has been saved from bankruptcy thanks to a consortium of investors. The group operates hundreds of restaurants across the United States, Asia and Central America,...
Norway and EU strike deal on seafood quotas
Just days after announcing a key trade deal with Brazil, Norway has secured an agreement to sell more seafood into the European Union. The agreement, which will greatly help Norway’s...
Producers face EU grilling over cartel allegations
Some of Norway’s biggest salmon producers are expected to appear in a closed-doors hearing this week in front of the European Commission’s Competition directorate, to face allegations of price-fixing. Reuters...
Faroese people to control fisheries
SWEEPING changes to way the Faroe Islands manages its fishing industry have just been approved by the Løgting, the country\'s parliament. The reforms largely exclude foreign ownership of quotas and puts the...
End of an era as Bracken retires
ONE of the pioneers of Scottish salmon farming has announced his retirement after 41 years in the industry. Steve Bracken, business support manager at Marine Harvest Scotland, will stand down...
Neptune wins appeal court case
THE Fish Vet Group and Benchmark Animal Health have lost a three-year battle in the Norwegian courts against the aquaculture company Neptune Pharma. The Norwegian Court of Appeal rejected claims...
Processor lines up salmon experts
THE food processor Marel has invited two leading international salmon figures to speak at its 17th Salmon ShowHow processing conference in Copenhagen next month. Trond Davidsen, president of the International Salmon...