Fish Update Briefing, Friday ,May 26

Fish Update Briefing, Friday ,May 26

COD BECOMES BANKNOTE POSTER BOY MOST countries depict national heroes or monarchs on their banknotes. But in Norway a new high value note will be associated with fishing. A picture of a cod will appear on the front of the country’s redesigned NOK 200 note, which goes into circulation shortly. Oslo has issued the noteContinue Reading

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Industry awards mark ‘best of the best’

Industry awards mark ‘best of the best’

THE Scottish aquaculture sector’s prestigious awards, run until recently by the Crown Estate, will be relaunched next month with several new categories. Now under the auspices of Benchmark’s 5m Publishing arm, the restyled awards will be officially launched at the inaugural Aquaculture UK conference, to be held at the University of Stirling from June 14-15.Continue Reading

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Norway and Russia clash over trawler

Norway and Russia clash over trawler

NORWAY and Russia are locked in a diplomatic stand-off over the detention of a Norwegian prawn trawler. The Russians are demanding bail of NOK 90 million (around £8.5 million) for the release of the vessel, the Remøy, which is now being held in the naval port of Murmansk. She has a crew of 17, including 15 Norwegians and two Faroese.Continue Reading

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Norway close to salmon deal with China

Norway close to salmon deal with China

NORWAY and China yesterday moved closer towards restoring normal fish exporting relations following a visit to Beijing by Norway’s fisheries minister. Per Sandberg (pictured) led a delegation of 120 seafood executives and signed a protocol on salmon exports with the Chinese veterinary authority minister. The protocol is a follow-on from an agreement on food exports and imports reached inContinue Reading

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Stirling event draws sector stars

Stirling event draws sector stars

LEADING figures from the aquaculture industry will congregate in Stirling next month to discuss innovations in production methods, fish health and welfare, breeding and genetics and advances in feed technology. The inaugural Aquaculture UK conference, to be held at Stirling University from June 14-15, will feature talks from salmon farmers, shellfish growers, pioneering geneticists, fishContinue Reading

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Fish farm funds mini rugby

Fish farm funds mini rugby

A CHILDREN’S rugby club in Argyll has secured sponsorship for equipment and match strips from a local fish farming company. Taynuilt based Etive Vikings RFC, a mini rugby club with around 40 players, has received a total of £1,500 from Dawnfresh Farming. The company made the award as part of its commitment to supporting theContinue Reading

£1m Highlands fund now open

£1m Highlands fund now open

AN innovation fund worth £1 million is now open to applications from small to medium enterprises (SMEs) working in the aquaculture supply chain in the Highlands and Islands. Announced in March, the 30-month pilot programme, Accelerating Aquaculture Innovation (AAI), is led by Highlands and Islands Enterprise (HIE) and delivered in partnership with the Scottish AquacultureContinue Reading

Aberdeen set for skippers show

Aberdeen set for skippers show

SCOTLAND’S flagship commercial fisheries show gets underway later this week (May 26-27) with around 200 exhibiting companies from 19 different countries due to attend. Skipper Expo Int. Aberdeen 2017, sponsored by the Scottish Fishermen’s Federation (SFF), looks set to be one of the busiest Aberdeen expos ever. Highlights will include fishing vessel displays inside theContinue Reading

Bakkafrost reports strong Q1

Bakkafrost reports strong Q1

THE Faroese Bakkafrost group today announced a total operating EBIT (earnings before interest and tax) of DKK 335.5 million (Danish kroners) for the first quarter of this year, up substantially by almost DKK 82 million on the same period last year. As with all other fish farming company results this year, strong salmon prices were behind theContinue Reading

Norway holidays may push up prices

Norway holidays may push up prices

FARMED salmon prices could rise to near record levels next week, it is being predicted. Reuters news agency said supplies will be limited by yet another public holiday in Norway on Thursday – Ascension Day. It is less than a week since Norway celebrated Constitution Day, and a further holiday to celebrate Whitsun is scheduled for June 5. NorwayContinue Reading

Quotas ‘must be based on science’

Quotas ‘must be based on science’

ANY future quotas once Britain leaves the EU should reflect the state of the resources in UK waters at the time, the National Federation of Fishermen’s Organisations (NFF0) has declared. The NFFO, which represents fishermen in England, Wales and Northern Ireland, said that when quota allocations were set up in 1983 as part of theContinue Reading

Young’s showing strong sales growth

Young’s showing strong sales growth

YOUNG’ Seafood is showing stronger than expected sales growth thanks to a determined fight-back following the loss of a large salmon processing contract almost two years ago. The Grimsby based company’s latest financial statement shows that turnover rose from £120.5 million to £131.6 million for the second quarter (13 weeks) to April 1, 2017. Young’s financial year isContinue Reading

Loch Duart salmon wins food ‘oscar’

Loch Duart salmon wins food ‘oscar’

LOCH Duart won the Foodservice Product of the Year award at the Scotland Food and Drink Excellence Awards last night. The prestigious food ‘oscar’ was presented to Simon Maguire, Loch Duart’s finance director, at the ceremony, held in the Edinburgh International Conference Centre. The awards celebrate and recognise those businesses and individuals in Scotland whichContinue Reading