Andfjord signs deals for water treatment and ROVs

illustration showing plans for Andfjord flow-through facility

The Arctic land-based fish farmer Andfjord Salmon has signed two agreements to secure sludge collection and processing for its current construction phase at Kvalnes. The Trøndelag-based company Meox will deliver remotely operated underwater vehicles (ROVs), while water treatment company Sterner will deliver processing systems.

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Mitsubishi invests in trout ‘Gigafactory’

Japan’s Mitsubishi Corporation has bought into the Finnish aquaculture technology company Finnforel.

Mitsubishi, a large conglomerate with a range of industrial interests, already owns the salmon farming group Cermaq, which operates in Norway, Chile, Scotland and Canada.

Finnforel is an innovative agritech company, focused on farming rainbow trout in what it says is a sustainable way. It has pioneered a comprehensive concept which encompasses the entire value chain—from advanced selective breeding programs to its feed, farming, processing, packaging and branding of its fish products.

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Tiny Fish is big winner at Innovation awards

A company set up to create economic value from hatchery fish that do not make the grade was one of the winners in the Responsible Seafood Innovation Awards yesterday.

Tiny Fish, which finds unique markets for small salmon from Scottish hatcheries that are removed during the freshwater phase of production to allow the best salmon to be raised at sea, was named as Aquaculture Innovation of the Year at the awards, announced at the Responsible Seafood Summit in St Andrews, Scotland.

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Iceland fish farmer signs major finance deal

Laxey, one of Iceland’s younger salmon farming companies has signed a financing agreement with Arion Bank for an undisclosed sum to support its plan to operate a facility on land in Vestmannaeyjar, the country’s western isles.

It says the agreement is an important part of Laxey’s long-term operations and supports the company’s continued development.

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Barramundi Group seeks six-month breathing space

Singapore-based Barramundi Group has applied for a form of insolvency protection while the company attempts to carry out financial reconstruction.

On 11 October the fish farming group made an application to the High Court of the Republic of Singapore for a “Moratorium Order” which would give it a period of six months’ protection against a winding-up order or the appointment of external administrators.

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Arctic char farm wins government support

Many fish swimming in water

A fish farm looks set to be built in the heart of Canada – with official help and approval.

The Manitoba provincial government has promised support for the Sapphire Springs Inc Arctic Char aquaculture and processing facility near RockWood Municipality, north of Winnipeg.

Sapphire Springs, which is just four years old,  says the CA $145m (£80.5m) project will create at least 100 jobs plus 120 indirect jobs and would help boost the local economy.

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Don’t miss our Land Based Strategy webinar

An impressive amount of investment is pouring into land based fish farming around the world, from Scandinavia and the Middle East to Florida and Japan. But can the technology and biology combine to ensure this industry has a profitable future? Next week, in the latest in our Aqua Agenda series of webinars, we’ll be asking:…

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Water quality remains a problem at Mt Fuji salmon farm

Proximar Seafood, the Norwegian owned company with a large new salmon farm near Mount Fuji in Japan, has said it is still taking action to counter turbidity in its growth phase.

Turbidity – murky water – has a direct effect on the amount of sunlight available to aquatic plants and high levels of suspended materials can clog fish gills.

It affects fish health, but not the quality of the fish and just over a week ago Proximar announced it had sold the first with 100% superior quality commercial salmon to supermarkets in the greater Tokyo area .

Nevertheless, turbidity continues to cause a few problems. The company said in a trading update this week: “As communicated in the Q2 report in August, Proximar has experienced turbidity issues in the grow out stage.

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