Search results for: salmon scotland
Crown Estate Scotland fires back over funding issue
Crown Estate Scotland, the body that manages the state’s coastal assets, has responded to suggestions that rural communities are not getting a fair share of the public funds raised from levies on the fish farming sector. A spokesperson for Crown Estate Scotland said: “The seabed is a shared, public space and, like many multi-national businesses,…
Read MoreSalmon protection zones to include sea trout
New measures to protect wild salmon in Scotland will be extended to include sea trout, according to the Scottish Environment Protection Agency (SEPA), which has today outlined a revised plan and published details of responses to the initial proposals. The new plan will allow for the imposition of tighter restrictions on existing fish farms, if…
Read MoreBakkafrost plans a second hatchery in Scotland
Bakkafrost has secured land to build a large new hatchery in Scotland, in addition to its site at Applecross which is being upgraded. CEO Regin Jacobsen announced the project when he presented his second quarter report this week, showing a group wide operating profit of £66m. He said the company had acquired the land during…
Read MoreMowi reports Q2 record, but problems continue for Scotland
Mowi today became the second salmon giant to announce a “best yet” second quarter performance following Grieg’s success yesterday. Once again, however, biological and related issues continued to affect its Scottish operations. Driven by exceptionally high salmon prices and good operations during the April to June period, the world’s largest salmon farmer produced a record…
Read MoreBakkafrost sees higher profits – and progress in Scotland
Bakkafrost today reported improvements in its troubled Scottish operations, as it announced an increased second quarter operating EBIT (operating profit) of 587 million Danish kroner (£66.7m). This compared with DKK 407m (£46m) over the same period a year ago. The Faroese farming segment produced an operational EBIT of DKK 617m (£70m) while the Scottish farming…
Read MoreSalmon prices continue to fall
Fresh salmon prices are falling back to levels close to those last seen at the start of the year. Figures from Statistics Norway, which monitors trends on a regular basis, show they dropped by almost 2% in week 32 to NOK 73.83 per kilo (£6.38). Market intelligence suggests this downward trend is continuing despite sales…
Read MoreFigures reveal Scottish salmon is UK’s biggest fresh food export
New HMRC figures have shown that Scottish salmon is the UK’s biggest fresh food export but the sector is facing continued challenges following Covid and Brexit. International sales of Scottish salmon were valued at £280million in the first half of 2022, with France accounting for more than half of the total. However, this was down…
Read MoreUK consumers ‘turning to Norwegian salmon’
British consumers are buying more Norwegian-produced salmon than ever before, according to the latest data from the country’s seafood council. It says the UK has had the largest growth for Norwegian salmon so far this year with sales rising by 5,400 tonnes to 35,000 tonnes. Norway’s salmon sales to Britain during July rose by 9%…
Read MoreSSC takes on new identity as Bakkafrost Scotland
The Scottish Salmon Company (SSC) is rebranding as Bakkafrost Scotland, three years after its acquisition by the Faroese group. Bakkafrost said: “The corporate focus for the past two years has been to align the businesses and develop its core capabilities in Scotland. The renaming of the Scottish operations will ensure that the Group operates as ‘One…
Read MoreO’Hara set to take over at Crown Estate Scotland
Crown Estate Scotland, the body that manages key coastal and rural assets, has appointed Ronan O’Hara as its Chief Executive. He will take over in September, following the retirement this August of the present incumbent, Simon Hodge. Ronan O’Hara is currently Head of Asset Management at the University of Cambridge and was previously Strategic Advisor…
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