Posts Tagged ‘Land based farming and hatcheries’
Atlantic Sapphire positive after higher harvest numbers
There was much brighter news from the Florida based salmon company Atlantic Sapphire yesterday, as it reported a large increase in its first quarter harvest. The company, which has had more than its share of problem including a falling share price last year, reported a 20214 first quarter harvest of 1.15 million tonnes (heads on…
Read MoreProximar on track despite February tank incident
Proximar Seafood has reported that biomass at its new land based salmon farm in Japan has more than doubled during the first three months of 2024. At the end of March the Norwegian salmon company had a standing biomass of 111.9 metric tonnes at the farm, located at Oyama near Japan’s Mount Fuji, compared with…
Read MoreBrighter Q1 results from Grieg Seafood and Salmon Evolution
Two Norwegian salmon companies, Grieg Seafood and Salmon Evolution, have published encouraging 2024 first quarter trading updates. The Grieg output is up by more than 30% on a year ago and totals approximately 21,000 tonnes against 15,350 tonnes 12 months ago. The main reason for the improvement is that British Columbia is now back in…
Read MoreAquaBounty sees increased revenue – and losses – for Q4
Land-based salmon farmer AquaBounty Technologies has reported a year-on-year revenue increase of 23% for the last quarter of 2023, but the period also saw losses growing. AquaBounty has developed a genetically modified (GM) strain of salmon, aimed at faster growth and suitability for farming in RAS (recirculating aquaculture systems) facilities. For Q4, the company recorded…
Read MorePlans to blow up islets to build large post-smolt facility
A row is brewing over plans for a new post-smolt facility in the north of Norway – which will involve blowing up two small islands to make space for the construction. The company behind the project is Gaia Salmon, which plans to produce between 8,000 and 10,000 tonnes of post-smolts weighing up to 800 grams…
Read MoreHofseth’s mountain farm plan faces criticism
Resistance is growing against a plan to build a huge land based salmon facility at a former mountain mining site in Norway. The project, which will trade as World Heritage Salmon, is being opposed by a number of environmental groups, however. The latest to come out against it this week is the national archive organisation,…
Read MoreGigante CEO out after further construction cost hike
The CEO of Norwegian land-based fish farmer Gigante Salmon has left the company after a warning that construction costs for the completion of its site at Rødøy are now expected to be more than 50% higher than the previous estimate. The news that CEO Helge E. W. Albertsen (pictured) has had his contract terminated broke…
Read MoreLerøy loses 490,000 young salmon to ‘water quality’ issues
The Lerøy Seafood group has been affected by another biological incident which has led to the death of almost half a million young salmon in Norway. The deaths were reported at the Lerøy Sjøtroll facility at Kjærelva in Fitjar municipality in Sunnhordland. They are thought to be due to poor water quality. Lerøy Sjøtroll said…
Read MoreBrighter outlook for AKVA group
Aquaculture technology service company AKVA has reported a strong increase in revenues and operating profits for last year. AKVA recorded an EBIT of NOK 68m (£5m) against an operating loss of NOK 56m (£4m) in 2022. Revenues increased by 2% to NOK 3,432m (£254m) and it also has a strong order intake last year of…
Read More‘Green’ eggs make their debut at Barcaldine hatchery
Scottish Sea Farms has taken delivery of the first batch of “green” eggs at the new £2m incubation unit at the company’s Barcaldine Hatchery. The move is part of a strategy aimed at making the company’s operations more self-reliant in terms of ova supply, and less dependent on imported eggs. “Green eggs” are unfertilised eggs.…
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