Search results for: salmon scotland
Salmon sector welcomes Brexit progress
THE salmon sector in Scotland has welcomed news of a deal struck between London and Brussels over Brexit – although any agreement still has to be approved by Parliament. Hamish Macdonell, director of Strategic Engagement for the Scottish Salmon Producers Organisation, said: ‘We welcome the prospect of a deal as it lifts the threat of…
Read MoreHighland cinema will tell salmon story
THE developers of the new Highland Cinema in Fort William said building work was on schedule for the venue’s opening in May next year. Local entrepreneur Angus MacDonald said the town centre cinema will transform Fort William and the surrounding area, filling a cultural vacuum for residents and tourists. Mowi Scotland, the biggest private sector…
Read MoreSalmon prices will bounce back says analyst
SALMON prices, which have fallen sharply in recent weeks, will bounce back, a leading industry observer has predicted. In some instances, prices have dropped to NOK 40 per kilo, production cost levels, and below. Seafood analyst Christian Olsen Nordby, of the international financial services and research company Kepler Cheuvreux, said the lower prices had led…
Read MoreNorway facing challenge from rival salmon countries
RISING volume growth from rival salmon producing nations, including Scotland, is beginning to seriously challenge Norwegian fish farmers, the latest export figures show today. It is the main reason why salmon prices in Norway dipped below the 2018 level last month, although Norwegian output is also on the rise, says Paul T. Aandahl, analyst at…
Read MoreScottish salmon farmers hit back at ‘damaging’ regulator
SCOTLAND’S salmon farmers have today rejected a proposal by Scotland’s environmental regulator to introduce a feed cap. The Scottish Salmon Producers Organisation (SSPO) described the initiative as ‘lazy regulation’ which, if introduced, would raise significant fish health and welfare concerns and could undermine the global reputation for quality the sector has built up over the…
Read MoreScottish salmon production drops by 33,682 tonnes
SCOTTISH salmon production fell by 33,682 tonnes, or 17.8 per cent, last year to 156,025 tonnes, with the reduction attributed to fewer fish in the water. But the projected estimate for 2019 suggests an increase to 190,499 tonnes, according to the annual Scottish fish farm production survey, published today. Commenting on the figures, Julie Hesketh-Laird,…
Read MoreBakkafrost buys Scottish Salmon Company
THE Faroese salmon farmer Bakkafrost has bought a majority share in the Scottish Salmon Company (SSC), it was announced this afternoon. Bakkafrost acquired 68.6 per cent of SSC from Northern Link, ending much speculation in the industry after the company was put up for sale in July. Listed on the Olso Stock Exchange seafood index,…
Read MoreBlow to Scotland as cod loses blue label
NORTH Sea cod is to lose its ‘blue tick’ sustainability certification in a move that will be seen as a blow to the Scottish fleet in particular. The Marine Stewardship Council says there are serious concerns about stocks, which are below safe biological levels, and this is why it has suspended the blue label certificate…
Read MoreFrench team visit Scotland to secure seafood route
A DELEGATION from the French port of Boulogne sur Mer was in Scotland last week to further plans for the frictionless transport of seafood into Europe post Brexit. The trip, which included logistic specialists, seafood buyers and the economic development team of Boulogne sur Mer, is the third in a series of visits, led by…
Read MorePrice slump hits Norwegian salmon companies
THE stock market value of Norway’s main fish farming companies has suffered unusually large falls over the past week as the spot price of salmon continues to drop back. The combined worth, which included such giants as Mowi, SalMar and Lerøy, was down by 14 billion kroner (£1.2 billion) at one point, although the market did…
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