Feed group BioMar posts record earnings for Q1

Feed business BioMar’s focus on adding value appears to be paying off, with increased earnings for the first quarter of 2024 despite a lower volume of sales, year on year. Including all the feed companies in the BioMar group, the company recorded an EBITDA for Q1 of more than DKK 310m (£35.5m), compared with DKK 117m (£13.4m) for Q1  2023.

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Flesh eating cod bug found off Norway

A new parasite which turns fish flesh into a slimy jelly has been found in cod off the Norwegian coast.

So far it does not appear to have affected the country’s cod farmers but the Institute of Marine Research and the industry are keeping a watch on the situation.

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Label Rouge changes create more opportunity for Scotland’s salmon

Changes to France’s prestigious “Label Rouge” quality mark have been welcomed by Scottish salmon farmers. Industry body Salmon Scotland said the amended rules will help its plans to increase the sales of premium Scottish salmon in France and other European markets. The French quality mark, which comes with a stringent set of standards, has been…

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Buoyant Kingfish on course to profit

Fish in a tank

The Kingfish Company, the Netherlands-based yellowtail fish farmer, recorded a strong performance last year. Publishing its accounts for 2023, the company reported revenues up coupled with what it said was an excellent biological performance. It achieved a 17% revenue increase in 2023, reaching €21.9m (£18m) against €18.7m (£16m) in 2022. Kingfish, which has a second…

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Nutreco and Skretting chiefs to step down

headshots of man and woman

The chief executives of feed giant Nutreco and its aquaculture business, Skretting, have both announced they will be stepping down. Nutreco CEO Fulco van Lede (pictured, right), will be leaving this summer after leading the company for the past three years. In addition, Therese Log Bergjord (pictured, left), CEO of Skretting for the past seven…

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Seafood Council names new France envoy

The Norwegian Seafood Council has a new envoy to help promote the industry in France, one of the country’s main salmon markets. She is 41-year-old Sigrid Louise G. Philippart (pictured) who is coming into the world of fish from the energy industry. She takes over from Trine Horne who has been doing the job for…

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