Posts Tagged ‘europe-nordics’
Industry chiefs attack new traffic light plan
Salmon industry opposition is growing to the Norwegian government’s revision of the “traffic light system” which sets rules for where aquaculture development is permitted. The chief executives of both Mowi and Leroy Seafoods, Ivan Vindheim and Henning Beltestad respectively, have publicly come out against the proposals. They have said the new plan will do nothing…
Read MoreStrong biomass growth for Ice Fish Farm
Icelandic salmon company Ice Fish Farm saw its biomass more than triple last year from 5,233 tonnes to 16,132 tonnes. It is expecting an even better performance this year, with a harvest guidance of 20,5009 tonnes. The company said it had seen low mortality and good biological status during the final three months of 2023,…
Read MoreUK retailers say Norway’s salmon cartel cost them £675m
Price-fixing by Norway’s biggest salmon producers cost the UK retailers now suing them £675m. That’s the claim made by the seven supermarket chains that have filed a claim with the UK’s Competition Appeals Tribunal (CAT). It emerged last week, thanks to a trading update from Lerøy Seafood, that a number of UK retailers are taking…
Read MoreCanadian seafood giant invests in cod farmer
High Liner Foods, one of North America’s leading seafood companies, has bought a stake in the Norwegian cod farmer, Norcod. The move is an interesting one, because the big Canadian company has not previously been directly involved with aquaculture. High Liner is mainly a marketer and a processor of value-added frozen seafood, with several retail…
Read MoreNova Sea signs £50m slaughterhouse contract
Norwegian salmon farmer Nova Sea has signed a £50m (NOK 673m) contract to build a new slaughterhouse in Nordland. The deal with the construction company Consto will see an ultra-modern facility on the small island of Lovund. It is in the area where Nova Sea began its fish farming operations in the 1970s. The new…
Read MoreBakkafrost air service takes off this week
Bakkafrost’s new air cargo service, FarCargo is due to begin operations this week. FarCargo was set up as an associated company by Faroese salmon farmer Bakkafrost to ensure a more direct route for its exports, especially to the United States. The proposed outbound route will go from Billund in Denmark, then onto the Faroe Islands…
Read MoreNorway February salmon exports value up, but volume down
Norway’s seafood export boom continues but there are signs things could be slowing down, according to the latest figures. The export value total last month was NOK 13.3bn (just short of £1bn), a rise of 3% on a year ago. The Norwegian Seafood Council said that thanks to large value growth for salmon, trout, cod…
Read MoreSwedish private equity firm buys fish health specialist
Fish health business STIM has been acquired by Swedish investment firm Summa Equity, in a move STIM’s founder said would help the company to grow. STIM is the aquaculture industry’s largest quality supplier of fish health products and services, operating in Norway, Chile, UK, and Canada. Its gross revenue of the company was over €150m…
Read MoreExpansion go-ahead for two Icelandic salmon companies
TWO major Icelandic salmon farming companies have been granted licences to produce an extra 18,000 tonnes of fish. MAST, Iceland’s veterinary authority, has given Arnarlax the go-ahead to farm an additional 10,000 tonnes of sterile salmon in the Isafjord area, in the north-west of the country. It has also awarded Arctic Sea Farm a new…
Read MoreMinisters praise Norway-UK partnership
Fisheries ministers from Norway and the UK have stressed the mutual importance of the seafood trading relationship between the two countries – but trade body Salmon Scotland has said the playing field needs to be more level. Cecilie Myrseth, Norway’s Fisheries and Oceans Minister, and Mark Spencer, UK Fisheries Minister (pictured), were speaking at last…
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