Search results for: salmon scotland
Bakkafrost trebles final quarter operating profit for 2022
Bakkafrost more than trebled its operating profit or EBIT during the final quarter of last year along with reporting continued progress in dealing with its biological issues in Scotland. The Faroe Islands fish farmer delivered a total EBIT of 376 million Danish kroner (almost £45m) against DKK 120m (£14m) in Q4 2021. But there were…
Read MoreBakkafrost consults on Hunterston RAS site
Bakkafrost Scotland has said it intends to submit a planning application for a RAS facility at the Hunterston Port site in Ayrshire. The RAS (recirculating aquaculture systems) plant would be the second in Scotland for the Faroes-owned salmon producer which is already in the process of constructing a RAS site at Applecross, on the west…
Read MoreMowi Q4 revenues hit record levels
Mowi today unveiled record-high quarterly revenues of €1,362m (£1,208m) for the final three months of 2022. Operational profit or EBIT was €239m (£212m) against €146m (£130m) 12 months earlier. The situation is also looking brighter for Mowi Scotland, with a steady but continuing improvement in the biological situation. Mowi plans to pay around £72m in dividends (NOK 1.70…
Read MoreUCO wins major contract with Mowi
Salmon producer Mowi has signed what is believed to be one of the biggest deals for remotely operated vehicle (ROV) services in the aquaculture sector. Underwater Contracting (UCO) a leading provider of underwater services to the offshore energy, inspection, construction, and aquaculture markets, will be providing 15 submersible ROVs for Mowi. They will be working…
Read MoreSeafood Fund backs processing investment
Mowi Scotland is to receive just over £2m from the UK Seafood Fund to buy equipment that will transform its salmon processing operations. The investment is part of a wider project to expand and modernise Mowi’s fish processing facility. The project aims to increase throughput from 65,000 tonnes to at least 95,000 tonnes per year;…
Read MoreCampaigners defend Loch Long planning decision
An environmental campaign group has hit back at suggestions that the decision to block a new salmon farm on Loch Long was based on “fear and lack of knowledge and understanding”. Local group AFFtheClyde was one of those arguing against the proposal for an innovative semi-closed fish farm at Beinn Reithe, in the Loch Lomond…
Read MoreBakkafrost certified under health and safety standard
Salmon producer Bakkafrost Scotland has been certified as meeting the international health and safety standard ISO 45001. Certification was awarded by the independently accredited assessment body NQA. It means that Bakkafrost Scotland has met the highest standards for occupational health and safety. Stephen Burt, Certification Auditor for NQA commented: “Bakkafrost Scotland should be immensely proud of…
Read MoreSecond time lucky?
Scotland’s first semi-closed fish farm could find a home in Loch Linnhe, after a plan to site it on Loch Long was rejected by a national park. If built, it will be Scotland’s largest fish farm by volume. Last year Loch Long Salmon (LLS), a joint venture between Simply Blue Aquaculture, Trimara Services and Golden…
Read MoreSeed funding announced for aquaculture projects
Seaweed cultivation, cleaner fish life cycle assessment and the carbon footprint of pangasius production are among the topics covered by four seed funding projects announced by the Centre for Innovation Excellence in Livestock (CIEL). They are the first aquaculture projects to be funded by CIEL, which was set up by the UK government as one…
Read MoreUS has closed price fixing probe, says Mowi
Mowi said today that the US Department of Justice has closed its investigation into salmon price fixing allegations at the company. In a Stock Exchange announcement in Oslo today the company said: “Mowi has been informed by the Antitrust Division of the Department of Justice in the USA that they have no longer an open…
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