UK strikes deal with Norway and Iceland

UK strikes deal with Norway and Iceland

THE UK struck a deal with Norway and Iceland yesterday which will see trade continue unchanged in the event of a no deal exit from the EU. Trade secretary Liam Fox said: ‘This is the second biggest agreement we’re rolling over and trade with EEA (the European Economic Area) is worth nearly £30 billion.’ ContinuedContinue Reading

Filed Under: Aquaculture, Catching News, Front Page News
Now Iceland fears salmon land tax

Now Iceland fears salmon land tax

THE body which represents Iceland’s salmon farming companies has expressed fears that its members could face a land resources tax of the type now being advocated in Norway. Heiðrún Lind Marteinsdóttir, managing director of the Confederation of Icelandic Fisheries Companies (SFS), said the Norwegian development had sparked considerable interest in Iceland, adding that it wasContinue Reading

Filed Under: Aquaculture, Front Page News
Norway salmon tax debate hots up

Norway salmon tax debate hots up

AN intense political debate has broken out in Norway over future plans for taxing its fish farming industry. The government is said to be looking at using the water and land resources that fish farms take up as a possible source for excise revenue, dubbed the salmon tax. This suggestion has already met with growingContinue Reading

Filed Under: Aquaculture, Catching News, Front Page News
Russian buyer to reopen Pinneys

Russian buyer to reopen Pinneys

THE Scottish salmon plant Pinneys, shut by Young’s Seafood last year, is set to reopen this autumn after being bought by a Russian company. More than 100 jobs are set to be created at the factory in Annan, with potentially more in the future, the Scottish government has announced. The factory in Dumfries and GallowayContinue Reading

Filed Under: Aquaculture, Front Page News
Iceland salmon debate ‘too angry’

Iceland salmon debate ‘too angry’

THERE was far too much prejudice surrounding the debate on salmon farming, Iceland’s fisheries minister Kristján Þór Júlíusson, has said. He was speaking before the start of a seminar in Reykjavik on agreeing new genetic risk assessments affecting farmed and wild salmon stocks – a forum which attracted more than 100 participants. Iceland’s Marine ResearchContinue Reading

Filed Under: Aquaculture, Front Page News
Grieg back in SSPO fold

Grieg back in SSPO fold

ALL Scotland’s salmon farmers are now represented by the industry body following the re-admittance of Grieg Seafood Shetland, it was announced today. In a letter to Rural Economy minister Fergus Ewing, the Scottish Salmon Producers Organisation (SSPO) confirmed that the company, which was expelled from the SSPO in 2014 following a dispute over smolt imports,Continue Reading

Bigger smolts to drive Bakkafrost growth

Bigger smolts to drive Bakkafrost growth

THE Faroese fish farmer Bakkafrost has outlined two important developments in its annual sustainability and financial reports, published yesterday. First, there will be a significant increase in the number, and size, of smolts released this year. About 12.6 million smolts were released during 2018 and 9.9 million in 2017. The company now plans to raiseContinue Reading

Salmon farmers raise Brexit fears

Salmon farmers raise Brexit fears

SCOTTISH salmon farmers have expressed concern over the latest parliamentary impasse on Brexit, with fears focused in particular on the linking of seafood exports to fishing quotas in any future deal. Julie Hesketh-Laird, CEO of the Scottish Salmon Producers Organisation, said: ‘The Scottish salmon farming industry is optimistic in the long term and sees aContinue Reading

£5bn scope in Scotland’s marine economy

£5bn scope in Scotland’s marine economy

SCOTLAND’S Highlands and islands have enormous potential to develop the marine economy according to a new study. Entitled ‘The report focuses on supporting the growth of aquaculture, as well as energy and marine biotechnology, all identified as the most innovative sectors. Opportunities highlighted in the report – Maximising the Marine Economy in the Highlands andContinue Reading

Boston bound firms seek new business

Boston bound firms seek new business

SCOTTISH seafood companies will be looking for new business in North America this week as they head to the annual Boston seafood exhibition. With Brexit on the horizon, the US provides opportunities for firms to expand within an existing market. Among the Scottish exhibitors are Loch Fyne Oysters, the Scottish Salmon Company, Dawnfresh, Wester RossContinue Reading

US gives GM salmon ‘all clear’

US gives GM salmon ‘all clear’

THE word’s first genetically modified salmon can now be farmed in the US, following a decision by the Food and Drug Administration (FDA) to lift its final restrictions. AquaBounty Technologies, which is based in Prince Edward Island, Canada, described the decision as a milestone for its AquaAdvantage salmon. The company can now go ahead withContinue Reading