Posts Tagged ‘europe-nordics’
Norcod is now top cod farmer, says CEO
Norcod is now the dominant producer in Norway’s fast growing cod farming sector, the company claims in its latest stock market update. CEO Christian Riber declared: “Our harvest volumes and standing biomass clearly proves our position as the leading cod farmer. “Our new contract in China clearly demonstrates that we are in a unique position…
Read MoreBenchmark hatches plan for possible sale
The fish health and genetics business Benchmark may be sold as a whole or in part, the group’s board has said. Benchmark has its headquarters in the UK, but its operations are worldwide with a strong emphasis on Norway and other major fish farming countries. The board of Benchmark Holdings, the group’s parent company, said…
Read MoreSkretting agrees major deal with Finnish insect company
The global aquafeed company Skretting and the Finnish insect ingredient producer Volare have agreed a commercial collaboration to produce ingredients for Skretting’s Norwegian salmon feed. Skretting has secured a substantial capacity in Volare’s factory in Finland, which is set to start construction this year. The new factory represents Volare’s first venture into production at an…
Read MoreUS is now Norway’s main consumer market for seafood
Norway exported fish to a record 153 countries last year, figures from the country’s Seafood Council show. Norway’s seafood exports amounted to a total of NOK 33 billion (£2.5bn) in 2023. The United States is now the largest “non-processing” market – and it is still growing – but the UK is also buying more seafood…
Read MoreMowi Scotland’s Q4 harvest unchanged at 10,500 tonnes
Mowi Scotland harvested 10,500 tonnes of salmon in the final quarter of 2023. The figure was unchanged from the equivalent quarter the year before but the operation produced a loss, a trading update from the company today shows. Globally, Mowi – the world’s largest salmon farmer – produced 129,000 tonnes during the period and a…
Read MoreJellyfish scourge hits Grieg final quarter results
Jellyfish attacks in Norway, ulcer problems and other issues impacted on Grieg Seafood’s fourth quarter results, a trading update from the company today shows. Grieg said the harvest volume for the final period was approximately 21,800 tonnes, slightly up on the previous year but the company did not have fish from Newfoundland a year ago.…
Read MoreNew super-sized wellboat delivered to Sølvtrans
Sølvtrans, a major global supplier of wellboat services to the aquaculture industry, has taken delivery of a new super-vessel. The 77 metre long Ronja Evolution (pictured) has been handed over by Norwegian builders Aas Mech and is the seventh vessel it has on order for Sølvtrans. This latest vessel has a capacity of 3,000 cubic…
Read MoreNorcod lands big Chinese distribution deal
Cod farmer Norcod has signed a major deal with a Chinese distribution company to supply a minimum of 800 tonnes of fish. The figure represents around 10% of the company’s expected production this year. Trondheim-based Norcod said: “Even more crucial, the fish exported to China as part of this contract will generate profits – which…
Read MoreKontali names Kjerstad as next CEO
Seafood markets consultancy Kontali has appointed Kjetil Angell Kjerstad as the company’s Chief Executive Officer, starting from 1 April. Kjerstad is currently Head of Business Development and Strategy at telecoms business Telia Norway. He was formerly Head of Google Ads in Norway and his career also includes roles with Microsoft Norway and Telenor. Kontali provides…
Read MoreNordic Halibut reports solid rise in prices and revenues
Premium white fish farming company Nordic Halibut has reported a marked increase in revenues during the final quarter of last year. This was overwhelmingly due to higher prices for its product – farmed halibut – which achieved an average of NOK 165 (£12.50) per kilo for 5kg fish. The company said that notably, halibut sold…
Read More