Search results for: salmon scotland
Scottish Salmon Co boost for Bakkafrost Q4
BAKKAFROST today spoke about an exciting future ahead following its acquisition of the Scottish Salmon Company five months ago. The Faroese salmon farmer delivered significantly improved results for the final quarter of 2019, which includes SSC’s contribution from October 8, the date when consolidation was completed. The total operating EBIT (earnings before interest and tax) totalled 415.3…
Read MoreAngling activists to boycott farmed salmon
A LOBBY group representing sports fishermen and river owners said it will boycott Scottish farmed salmon in protest over industry growth. Farmed salmon, which is the UK’s biggest food export and supports around 12,000 jobs in Scotland, was the subject of two parliamentary inquiries in 2018. These were prompted by a petition drawn up by…
Read MoreMajority of salmon farms environmentally ‘excellent’
SOME 87 per cent of Scotland’s salmon farms have been rated environmentally ‘excellent’ or ‘good’ by regulators, new statistics show. Farmers achieved their best ever environmental performance in 2018, according to figures collected for the Scottish Environment Protection Agency’s (SEPA’s) Compliance Assessment Scheme (CAS). The scheme is used by SEPA to monitor performance across a…
Read MoreCosts and lice dampen Mowi Scotland Q4 performance
ALTHOUGH Mowi Scotland achieved record harvests last year due to smolt stocking, the financial performance was dampened by higher costs and challenging biological issues, the company said today as it published results for the fourth quarter of 2019. As reported last month, Scotland’s Q4 harvest rose by more than 2,000 tonnes to just over 14,000 tonnes. The…
Read MoreScottish salmon exports soar to £618m
SCOTTISH farmed salmon exports were worth a record £618 million in 2019, up 22 per cent on the previous year, according to new figures published today. The tonnage exported also increased, by 26 per cent to more than 94,000 tonnes. Exports grew in 17 of the top 20 markets, with France, the US and China remaining the biggest destinations.…
Read MoreMowi Scotland names new management team
Mowi Scotland has named its new management team, following the appointment last month of Meritxell Diez-Padrisa as the company’s new production director. Diez-Padrisa, who was head of fish health, replaces Gideon Pringle, who is joining Scottish Sea Farms as director of farming. Mowi’s farms in Scotland will now be organised into three regions – South,…
Read MoreSalmon workboat is Ferguson Marine milestone
THE first of two new boats built by Inverlussa for the Scottish aquaculture market was launched this week at Ferguson Marine. The Helen Rice is the first vessel to be completed since the Port Glasgow yard came into public ownership in December, following a dispute over a multi-million pound CalMac ferries contract. The 21m support…
Read MoreSalmon farmers in talks over wild fish fund
REPRESENTATIVES from the Scottish salmon farming sector and fisheries trusts have been holding talks aimed at establishing a fund to help halt wild stock decline. The ongoing bilateral discussions, between the Scottish Salmon Producers’ Organisation and Fisheries Management Scotland, have focused on salmon conservation, according to the minutes of the Salmon Interactions Working Group. The…
Read MoreSalmon prices drop in coronavirus slump
SALMON prices fell back sharply in Norway at the weekend with the coronavirus outbreak in China largely to blame. China is a major and expanding market for Norwegian frozen salmon but with the city of Wuhan, population 11 million, where the virus first hit, in virtual lockdown and travel severely restricted in many other cities and…
Read MoreHigher Q4 harvest, but lower EBIT at Mowi Scotland
MOWI is forecasting a 2,000-tonne harvest increase from its Scottish operations for the final quarter of 2019. The world’s largest salmon farming company says Scotland will have produced 14,000 tonnes over the period compared to earlier predictions of 10,600 tonnes, and 12,000 tonnes in Q4 2018. However, operating profits from Scotland are lower than 2018, with an…
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