SalMar harvest down, Grieg up for Q3

SalMar farm, Mefjord, northern Norway

SalMar, Norway’s second largest salmon farmer, has reported a sharp fall in its third quarter output. In contrast, its competitor Grieg reported an improved harvest.

The July to September harvest for SalMar was 60,300 tonnes against 78,100 tonnes a year earlier – a drop of 17,800 tonnes.

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Uncertainty clouds Norwegian presence in British Columbia

A high profile salmon company is facing a difficult future  following the publication of its latest results in the past couple of days. That business is the Grieg Seafood Company  which saw its share price drop sharply in Oslo yesterday.
Of all the big Norwegian salmon farmers, Grieg has so far  produced the most disappointing Q2 results.

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Cermaq and Grieg ‘disappointed’ over Canadian court ruling

A legal move to maintain open pen fish farming around the Discovery Islands in British Columbia – at least for a time longer – has been rejected.
A Federal Court judgment said that a decision by former fisheries minister Joyce Murray in February last year did not breach the operators’ rights of procedural fairness.

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Grieg Q4 rocked by spiro, jellyfish and winter sores

Grieg Seafood worker on pen

Grieg Seafood is the latest Norwegian salmon farmer to report biological and jellyfish issues during the final quarter of 2023. The company, which was big in Scotland until three years ago, but now concentrates on Norway and Canada, recorded an operational (EBIT) loss of NOK 67 million (around £5m) against an operational profit of NOK…

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