Posts Tagged ‘Land based farming and hatcheries’
Canada’s High Liner Foods invests £8m in Norwegian salmon farmer
The large North American seafood company High Liner Foods is making a big investment into land-based salmon producer Andfjord Salmon.
Read MoreMaine RAS farm project wins $5m grant
Land-based start-up Katahdin Salmon has received a $5m (£3.9m) grant for remediation of its proposed recirculating aquaculture system (RAS) plant in Maine, in the northeastern United States.
Read MoreFormer Cermaq Chile chief to head Atlantic Sapphire
The former head of Cermaq Chile, Pedro Courard, has been named as the next chief executive at land-based salmon farmer Atlantic Sapphire.
Read MoreSalmon Evolution heads into profit
Land-based salmon farmer Salmon Evolution has reported its first operational profit, in what the company has called a “significant milestone”. The Norway-based producer reported operating revenues of NOK 100.3m (£7.37m) in the first quarter of 2024 and a group EBITDA of NOK 24.1m (£1.77m).
Read MoreCermaq 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…
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