Posts Tagged ‘Land based farming and hatcheries’
Cermaq finance chief moves to Atlantic Sapphire
The Florida based land salmon company Atlantic Sapphire has appointed a new chief financial officer. The new CFO is Gunnar Aasbo-Skinderhaug who is moving from Cermaq.
Read MoreAKVA order book strong despite Land Based disappointment
AKVA Group, one of the world’s leading aquaculture technology and service businesses, today announced a 10% reduction in first quarter revenues, with slow progress in its land based sector.
Read MoreCermaq announces big investment in Chile
Cermaq has announced that it is planning to invest around £80m in a new RAS fish farm in southern Chile. Called Nueva PCC, Mitsubishi-owned Cermaq said it will be one of its most important projects in the region. It will have a production capacity of 14 million smolts per year. Cermaq Chile said the second stage of…
Read MoreGigante confirms new CEO in board shake up
Norwegian land-based salmon farmer Gigante Salmon has a new Chief Executive and has also managed to receive commitment of NOK 120 million (almost £9m) in funding, the company has announced. Gigante Salmon had problems earlier this year, reporting significant mortality with its second smolt batch. In a double Oslo Stock Exchange announcement today, the company…
Read MoreSkretting named as feed supplier for flow-through project
Aquafeed business Skretting has committed to supply feed to the Icelandic land-based fish farmer LAXEY. LAXEY, known until last September as Icelandic Land Farmed Salmon, is building a hybrid flow-through salmon farm on the south coast of Iceland. The company has just successfully completed a EUR €40m (£34.5m) capital raising exercise, with Skretting’s parent, Nutreco,…
Read MoreBuoyant Kingfish on course to profit
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…
Read MoreAtlantic 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…
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