Norway PM hails aquaculture success

Norway PM hails aquaculture success

NORWAY’S prime minister, Erna Solberg, has said the country needs to develop an aquaculture industry that can deliver food and economic values ​​within an acceptable footprint. She was speaking at the Havbruck 2018 conference, which gathered the fish farming industry, along with researchers and politicians, for key discussion on future policy. The main theme of thisContinue Reading

Filed Under: Aquaculture, Front Page News, Markets
Fashion chain owner ‘eyeing Young’s’

Fashion chain owner ‘eyeing Young’s’

THE private equity company Sun Capital Partners, whose portfolio includes the women’s fashion chain Bonmarche and the UK bed maker Dreams, is reported to be considering a bid for Young’s Seafood. The current private equity owners announced on Thursday that Britain’s largest seafood business was being put up for sale. No price tag has beenContinue Reading

Filed Under: Aquaculture, Front Page News, Markets, Processing
Queen’s Award for Scottish Ace

Queen’s Award for Scottish Ace

DUNDEE based company Ace Aquatec has received a prestigious Queen’s Award for Enterprise in the innovation category, it was announced today. The company’s managing director, Nathan Pyne-Carter (pictured), said the award is specifically for growth and innovation in seal deterrent systems, recognising significant investment in research and development, and benefits to the aquaculture industry fromContinue Reading

Filed Under: Aquaculture, Front Page News
Fishupdate Briefing Friday April 20th

Fishupdate Briefing Friday April 20th

CHINA HUNGRY FOR US LOBSTER CHINA and the United States may be gearing up for a trade war, but the dispute hasn’t stopped Chinese ‘s hunger for American lobsters. And the demand is helping keep prices high for US domestic . consumers. However,  a tariff on the seafood by Beijing  is not thought to beContinue Reading

Young’s Seafood up for sale

Young’s Seafood up for sale

YOUNG’S, Britain’s largest seafood company, has formally announced that the business is to be put up for sale. And it is almost certain to attract widespread interest from at home and abroad. The news came in a statement yesterday from the parent company, Lion capital, which is owned by the private equity firm HPS Investment Partners (UK),Continue Reading

Loch Duart thanks communities for support

Loch Duart thanks communities for support

LOCH Duart thanked the communities where it farms by hosting two receptions last month – one in Scourie in Sutherland, and the other in Uist in the Hebrides. Managing director Alban Denton and Loch Duart staff met community leaders, owners of local hotels, shops, restaurants and B&Bs. The company updated the community on its workContinue Reading

Salmon and rum ‘married’ for royal wedding

Salmon and rum ‘married’ for royal wedding

ABERDEEN based salmon specialist John Ross Jr is marking the May wedding of Prince Harry and Meghan Markle by launching a celebration smoked salmon that marries rum with smoked salmon. The Original Rum Cured Smoked Salmon, which is presented in a bridal white pack, draws on a 160-year-old recipe using rum and sugar cane to createContinue Reading

Scope for farm growth on other coasts

Scope for farm growth on other coasts

THE lead planning officer at Highland Council has called for the long standing moratorium on fish farms on Scotland’s east and north coasts to be reviewed by the Scottish government. Mark Harvey, giving evidence to the Rural Economy and Connectivity (REC) committee at Holyrood yesterday, said it was a ‘strange situation’ that Scotland had threeContinue Reading

Bristol Seafood in $5m expansion

Bristol Seafood in $5m expansion

THE US state of Maine has received another significant boost to its expanding seafood industry. The company Bristol Seafood has announced it is investing nearly $5 million in its Portland processing facility over the next three years. The company says the investment, in partnership with the Maine Technology Institute (MTI), is made possible through a grant of moreContinue Reading

Chilean salmon deal on the cards

Chilean salmon deal on the cards

A BIG South American salmon farming deal could be on the horizon. The Chilean website Aqua.cl reports that Empresas AquaChile has made a $200 million plus offer to buy the salmon farming arm of rival company Friosur. So far there has been no reaction from Friosur, which is family owned by three brothers. Friosur isContinue Reading

Students ‘must be good communicators’

Students ‘must be good communicators’

YOUNG scientists need to communicate their research to a wider audience, a PhD conference in Stirling heard yesterday. Students were given a platform to do just that at the Institute of Aquaculture (IoA), showcasing the results of several years’ study in front of their teachers, peers, and industry guests. ‘You should know how to sayContinue Reading

Four companies ‘interested in Pinneys’

Four companies ‘interested in Pinneys’

SCOTLAND’s business and enterprise minister, Paul Wheelhouse, is scheduled to meet the Young’s management team at the Pinneys salmon plant in Annan later this week. He is expected to discuss the future of the site, which is threatened with closure at the end of the year, putting 450 jobs in jeopardy. The move comes as a formalContinue Reading