Sagging krone further boosts Norway’s salmon exports

Norway’s seafood exports for November totalled NOK 16.7 billion (£1.2bn), 17% up on November last year. Again farmed salmon was the main driver in this seemingly never-ending overseas sales surge. So far this year, Norway has exported seafood worth NOK 158.2 billion (£11.5bn) 15% up over the same period in 2022. The decline in the value…

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Björk’s new song will help to fight salmon farming

Björk, Iceland’s best known international pop star, has continued her campaign against salmon farming in her country by dedicating her latest song to the cause. Working once again with the Spanish singer Rosalia, she said all the proceeds would go towards the fight against fish farming and open pen farming in particular. Björk has accused…

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Arctic Fish opens new slaughterhouse

Arctic Fish’s new slaughterhouse in the north-west of Iceland opened last week in a ceremony watched by a crowd of more than 500 people. The Mayor of Bolungarvik, Jón Páll Hreinsson described the facility which is based near Drimla as “world-class”. He told the regional website bb.is it was one of the biggest investments in business…

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Boost for salmon in new Norway-EU deal

Norway and the EU have signed a new seafood deal which is expected to lead to an increase in salmon trade. Much of the deal simply confirms a continuation of the current arrangement, but the big winners are likely to be Norway’s salmon farmers. Norway’s new Fisheries Minister Cecilie Myrseth said that the EU remains her…

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Andfjord Salmon completes first harvest

Norwegian land based fish farmer company Andfjord Salmon has carried out its first slaughter but, like many young salmon businesses, it is still finding that profits remain elusive. The company has achieved a third quarter operating income of NOK 27.7m (around £2m) but has reported a loss of NOK 28.2m or just over £2m) against…

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SalMar loses salmon in jellyfish attack

Around a million young salmon have been lost at a SalMar site in Senja, Norway during a jellyfish incident, it has been disclosed. SalMar said in a statement last night that in mid-November its fish farmers at the location Ørnfjordbotn in Senja observed a significant and threatening influx of (what are known in Norway as)…

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Grieg signs new smolt plant construction deal

Grieg Seafood has signed a deal with the construction company Consto, which will be building a new smolt plant for Grieg in Norway’s Finnmark region. Consto said it has been awarded the overall contract for the project and will be responsible for the construction technical delivery as well as the coordination of all performing professional…

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Marel rejects US takeover attempt

Icelandic seafood and food equipment manufacturer Marel has rejected takeover overtures from the US business John Bean Technologies (JBT). The Chicago-based company had offered to buy Marel for around US $2.6 billion (about £2bn) – or around $3.40 per share (£2.68). The Marel board has not ruled out accepting a better offer in future, however.…

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Icelandic salmon company makes two new key appointments

Icelandic salmon farmer Arctic Fish has made two new key appointments. The Mowi-owned company has named John Gunnar Grindskar as its new Chief Operating Officer and Baldur Smári Einarsson as its new Financial Director. John Grindskar, who joins from Mowi in Norway, takes up his post in the next few days, while Baldur Einarson, who has been…

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Nordic Halibut on track to hit production goals

Nordic Halibut says it is well on the way to achieving its production target of 4,500 tonnes within the next three years and 10,500 tonnes by 2031. Presenting its third quarter figures for this year the company said a strong approach to biological control had led to a new commercial strategy, which will yield better results…

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