Aquabyte top team change places

Aquaculture technology business Aquabyte has announced a shuffle of positions at the top of the company. Steve Tucker, currently President & COO, will become Aquabyte’s new CEO while founder Bryton Shang will transition from CEO to become Executive Chairman.

Read More

Salmon oil playing key role in Covid recovery, say researchers

A medicinal oil product derived from salmon trimmings could play a big part in helping patients to recover from Covid-19.
Hofseth BioCare a leader in science- led marine nutrition has announced compelling new findings from a recent study on the benefits of its enzymatically liberated salmon oil (OmeGo), in helping Covid-19 recovery.

Read More

Salmon Evolution reports profitable Q2

The Norwegian land based salmon farming company Salmon Evolution has chalked up another profitable quarter. It reported Q2 (April to June) revenues of NOK 170.5m (£12.3m) and a group EBITDA or operating profit of NOK 45.4m (£3.2m). 

Read More

Ex-Mowi chief joins Smir Group

Alf-Helge Aarskog, a former CEO of global salmon giant Mowi, has joined the board of Smir Group. Smir specialises in sea lice treatment, waterborne feeding and cage systems. Aarskog has extensive experience in the seafood industry. He was CEO at Lerøy Seafood Group, another major Norwegian salmon producer, before taking charge at  Mowi for around a decade.

Read More

Coast Seafood marks 30th anniversary with 30% revenue rise

Norway’s Coast Seafood has reported a 30% increase in revenue for last year, but interest rate rises meant pre-tax profits fell. Coast purchased the fresh and frozen business Danish Vega Salmon in January 2023 which has an annual production turnover of around 25,000 tonnes of salmon and this acquisition was the main reason for the surge in turnover.

Read More