Higher Q3 harvest and profit for Mowi Scotland

Mowi today unveiled a 2023 third quarter record high harvest and an EBIT or operational profit of €203m (£177m) with Scotland showing a marked improvement on two fronts. In contrast, profits for the group as a whole were down on Q3 last year. Seafood analysts in Norway said the Mowi results were weaker than expected,…

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Concern as BKD spreads in central Norway

Bacterial kidney disease (BKD) has been detected at several locations in central Norway since the start of the year, the country’s Veterinary Institute has reported, and its spread is slightly puzzling marine veterinarians. Salmon farms are mainly being affected but there has been at least one incident involving a trout farm. The development is the…

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Norwegian industry dismayed at Fisheries Minister’s dismissal

Both the seafood industry and a number of fellow politicians from the north of Norway  have reacted with dismay over the surprise sacking of Fisheries Minister Bjørnar Skjæran yesterday. This important post has been handed to 39-year old Cecilie Myerseth, who is a professional psychologist but who had been a Labour fishery spokesperson in the…

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Grieg Q3 costs rise and harvests drop

Grieg Seafoods today reported a greatly reduced 2023 third quarter harvest and considerably higher production costs. In one case costs soared way above NOK 80 a kilo (£6). The company has also been hit by various biological issues in Norway. The  three month July to September period harvest (gutted weight) was almost cut in half…

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Breaking – Seafood minister Skjæran sacked in reshuffle

Norway Fisheries and Seafood Minister, Bjørnar Skjæran, has lost his job in a major government reshuffle, it was confirmed today. After much media overnight speculation his replacement is confirmed today as another senior Labour politician, Cecilie Myrseth, who comes from the same Troms region. Skjæran, a former dairy farmer,  who has been in post since…

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Norway’s “big five” settle Canadian price fixing case

FIVE of Norway’s largest salmon breeders have entered into a multi-million Canadian dollar price fixing case settlement following a class action over the border in the United States. It follows a civil case involving claims brought by two Canadian consumers. It means the five, Mowi, SalMar, Grieg Seafood, Cermaq and the Lerøy Seafood Company, will…

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Producers tempted back to salmon permit auction

The latest salmon and trout farming permit auction in Norway has raised around NOK 1.5bn (£113m), it has been reported. The licences should have been sold a year ago, but the auction was boycotted by several companies in protest over the salmon tax . A call for it to be postponed was ignored by the…

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Salmon prices back on the rise

Fresh salmon export prices are starting to climb back up again, according to the latest data from Statistics Norway. After a long period of decline, they rose for the second week in succession to above the NOK 80 per kilo level (£6). In the past seven days (week 40) they were up by 2.7% to…

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Land farmer Salmon Evolution records all time high biomass

In a positive operational update, Salmon Evolution has announced it is achieving strong biological performance at its land-based farm, with good growth and normal mortality levels across all fish groups. The company’s flow-through farm is located at Indre Harøy on the Norwegian coast. Salmon Evolution has now achieved an all-time high standing biomass of around…

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Iceland’s fish farming regime facing radical shake-up

Iceland is planning to limit salmon farming to no more than one company per fjord. The proposal follows growing concern over escapes and comes as part of a draft report that also includes major changes to the fee charging and taxation system. The draft policy looks set to be be firmed up over the next…

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