Posts Tagged ‘Land based farming and hatcheries’
‘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.…
Read MoreStudy shows how nitrates in RAS systems affect fish health
Exposure to nitrates can adversely affect the intestinal health of fish in RAS systems, a study by researchers in China has found. While it is well known that nitrates have a toxic effect, the study provides a detailed analysis of how nitrate (NO3) levels can have an impact at molecular level. A team of scientists…
Read MoreAtlantic Sapphire raises a further £27m for Florida site
Florida-based land salmon company Atlantic Sapphire raised around NOK 369m (£27.5m) in a new share issue in Oslo, where the company is listed, last night. The issue at NOK 1.20 per share was fully subscribed with its largest shareholder Nordlaks Holdings of Norway buying shares worth NOK 52m (£3.8m). The extra money will be used…
Read MoreFirst harvest at Proximar’s Mount Fuji site now only months away
Proximar Seafood said today that the first commercial harvest for its land-based salmon farm in Japan will take place in “high summer”, in the third quarter of this year. In a trading update for the fourth quarter of 2023, Chief Executive Joachim Nielsen said the site, at Oyama in the foothills of Mount Fuji, is…
Read More90,000-tonne land-based salmon farm planned for Lewis
A Norwegian salmon company is hoping to build a 90,000-tonne land-based fish farm in a remote part of Lewis, in the Outer Hebrides. The story was broken this week by local paper the Stornoway Gazette, which was tipped off following a presentation for investors. The company concerned, Norwegian Mountain Salmon (NMS), already has plans underway…
Read MoreAquaBounty set to sell Indiana RAS farm
North American land-based salmon farmer AquaBounty Technologies is putting its Indiana site on the market in an effort to raise funds and strengthen its balance sheet. In a stock market announcement yesterday, CEO Sylvia Wulf said: “We have been focused on securing funding for our near and long-term needs, so we can continue to pursue…
Read MoreGigante cuts production after fish losses
Norwegian land-based fish farming company Gigante Salmon has announced that it is reducing its production by around 300,000 fish — almost half of the stock released into its tanks last month. This is the second batch for the company at its newly completed site at Rødøy in northern Norway. Gigante revealed at the end of…
Read MoreSalmon Evolution breaks even in Norway, faces cost problems in Korea
Norwegian land-based fish farmer Salmon Evolution has reported that its farming operations broke even for the first time, during the final quarter of last year. Q3 earnings before interest and tax (EBITDA) for Farming Norway were recorded as NOK 43,000 (just over £3,000) compared with a loss of NOK 9.4m (£706,800) in the same period…
Read MoreFishing town facing new eruption threat
The Icelandic fishing and aquaculture port of Grindavik is facing more problems today following renewed volcanic activity in the area. Molten rock has erupted across the area causing further evacuation and the shutdown of any meaningful industry. Observers saw a further spectacular eruption on the Reykjanes Peninsula, spreading across a near two-mile wide fissure near…
Read MoreSaudi Arabia joint venture heralds big sea farming expansion
The aquaculture industry in Saudi Arabia is set for significant growth following the announcement of a new joint venture between NEOM, Saudi Arabia’s development organisation, and fish farming business Tabuk Fisheries Company. Trading as Topian Aquaculture, the new venture will include a hatchery that is expected to become the largest in the MENA (Middle East…
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