NEWS
Chilean judge declares Nova Austral bankrupt
A judge in Chile has declared the struggling salmon company Nova Austral to be bankrupt. The move is likely to be temporary, however, as Nova Austral is almost certain to...
Lerøy beats expectations with Q1 numbers
Despite a series of challenges this winter, the Lerøy Seafood Group has announced better than expected 2024 first quarter results. Lerøy, which also owns one of Norway’s largest white fish...
Grieg Q1 profits hit by biological problems
Norwegian and Canadian salmon farmer Grieg Seafood has reported a near £7m drop in operating profits for 2023. They were pushed down in large part by serious biological problems in...
Former Wester Ross MD, Bakkafrost and Mowi among the winners in Aviemore
Gilpin Bradley, the former Wester Ross Fisheries Managing Director, has been honoured at the Aquaculture Awards 2024 for his outstanding contribution to the industry. The Outstanding Contribution award was sponsored...
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The May 2024 issue of Fish Farmer is out now online
The May 2024 issue of Fish Farmer is out online now, and you can read or download it here. All too often it’s easy to focus on obstacles and setbacks....
SAIC secures £1.5 million funding package from the Scottish Government
Research organisation the Sustainable Aquaculture Innovation Centre (SAIC) has secured new funding to continue its support of fish health research and development. Last year the Scottish Funding Council (SFC), which...
Former 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. He will succeed the company’s founder, Johan Andreassen,...
Jellyfish and hard winter hits SalMar Q1 profits
Norwegian salmon giant SalMar continued to be troubled by tough winter conditions and jellyfish attacks during the start of this year, the group’s first quarter results show. These problems, along...
Big rise in losses for troubled Chilean salmon company
The struggling Chilean salmon farmer Nova Austral saw its losses almost treble last year despite an increase in revenues. The company was only saved from administration In January after creditors...
New bid to suspend Arctic Fish licences rejected
The authorities in Iceland have rejected a new request to suspend the operating licences of Arctic Fish at two locations in the Westfjords. The demand had come from sports fishing...
Kingfish Company ‘approaching breakeven’
Land-based fish farmer The Kingfish Company says it is working its way to profitability, with financial results for the first quarter of this year it called “promising”. The company raises...