Chinese buy Chilean salmon farm

Chinese buy Chilean salmon farm

A CHINESE food service company is poised to pay more than $830 million for a majority stake in one of Chile’s main salmon farming businesses. The deal is still subject to regulatory approval and fulfilling certain conditions, but Joyvio, a subsidiary of the Chinese investment company Legend Holdings, is expected to take a 94.47 perContinue Reading

Filed Under: Aquaculture, Front Page News
‘Big potential’ in seafood deal

‘Big potential’ in seafood deal

IN one of the biggest deals of its type for many years, seafood company Seafood Connection has acquired the frozen food operation of Netherlands based Anova Seafood. Seafood Connection is the European business of the world’s largest seafood company by sales in both farmed and wild caught fish, and a leading supplier through retail andContinue Reading

Marel to beef up UK base

Marel to beef up UK base

MAREL, the Icelandic processing equipment supplier, is upgrading its UK operations to strengthen its brand in the country and offer its workforce a more modern environment. And it is also looking to London for a possible Stock Market listing. The Icelandic company employs almost 200 people in the UK and Ireland and its plans includeContinue Reading

Fish Update Briefing, Friday, November 16

Fish Update Briefing, Friday, November 16

SALMON DOES HELP HEART VICTIMS, SAY STUDIES TWO Harvard led clinical trials have shown that eating more fish or taking a fish oil supplement can reduce the risk of a heart attack. One of the studies, known as Vitamin D and Omega-3 Trial (or VITAL), found that healthy people who ate oily fish or tookContinue Reading

Filed Under: Aquaculture, Catching, Catching News, Front Page News
Scottish Tory fishing revolt fears recede

Scottish Tory fishing revolt fears recede

FEARS of a revolt by Scotland’s Tory MPs over fishing receded last night after the Scottish Secretary, David Mundell, backed the Brexit deal. He emerged from the five-hour Cabinet meeting saying it was now clear the UK would leave the Common Fisheries Policy in 2020, adding that a no-deal would be ‘appalling’ for Scotland. Earlier,Continue Reading

Filed Under: Catching, Catching News, Front Page News
SEPA plans ‘will hurt smaller farms’

SEPA plans ‘will hurt smaller farms’

NEW plans to tighten regulations for Scottish salmon farms will negatively impact smaller operators, a leading producer warns. The recently published proposals by SEPA (Scottish Environment Protection Agency) aim to strengthen environmental controls over the sector, and usher in a new approach, with larger farms sited in ‘sustainable locations’. Announcing its recommendations two weeks ago,Continue Reading

Seafish launches processing probe

Seafish launches processing probe

SEAFISH has launched a deep look at the UK’s seafood processing sector, with a programme of financial, employment and sector research. The probe has kicked off with a processing census, which is carried out every two years to collect information on the size, structure, and recent changes in the sector. Data collection has already startedContinue Reading

Marine Harvest pledges bright future for Scotland

Marine Harvest pledges bright future for Scotland

MARINE Harvest, which surprised the salmon industry yesterday by announcing a name change, has pledged a bright future for Scotland. If approved by shareholders at an extraordinary general meeting in Bergen on December 4, a new brand name – Mowi – will replace Marine Harvest from the beginning of 2019, backed by an investment ofContinue Reading

Minister heralds hatchery investment

Minister heralds hatchery investment

SCOTTISH Sea Farms is to receive £1.28 million in R&D support from Scottish Enterprise towards its work enhancing fish welfare. Announced this morning at its new recirculation hatchery in Barcaldine, Argyll, the funds will go towards a total of £18.3 million the company is investing in innovative research and development. The R&D spans five keyContinue Reading

Have your say on SEPA plans

Have your say on SEPA plans

THE Scottish Environment Protection Agency (SEPA) is launching a series of consultation sessions this week over new proposals to tighten the environmental monitoring of fish farms. The agency published its draft Finfish Aquaculture Sector Plan last week, outlining stricter standards for the organic waste deposited by fish farms, and the introduction of more accurate modelling.Continue Reading

Cod prices continue to rise

Cod prices continue to rise

THE price of cod is continuing its relentless rise, the latest statistics from Norway show. The country exported 1,600 tonnes of fresh cod, including fillets, worth 73 million kroners (£6.7 million) last month, a volume decline of 26 per cent, but the value was only down by 20 per cent. Denmark and Sweden were theContinue Reading

‘Unique’ trawler blueprint unveiled

‘Unique’ trawler blueprint unveiled

A NORWEGIAN ship design and building company has unveiled a blueprint for a new series of trawlers which are thought to be the near ultimate in sustainable fishing. The company, Ulstein, said its goal includes gentler handling of fish at sea and the introduction of more environmentally friendly innovations. It has been working closely onContinue Reading

Fish Update Briefing, Friday, November 9

Fish Update Briefing, Friday, November 9

ALBATROSS WEAPON AGAINST ILLEGAL FISHING THE French navy has begun to use albatrosses to help detect illegal fishing, working on the old belief that the birds will always follow trawlers. About 250 albatrosses are being equipped with tiny transceivers that will pick up trawlers’ radar signals. Their locations will be transmitted to the warships, whichContinue Reading