Salmon farmer sponsor a good sport

Salmon farmer sponsor a good sport

THE Scottish Salmon Company is to continue sponsoring the Western Isles Island Games Association (WIIGA) for the fifth consecutive year as they prepare to travel to Gibraltar for the 2019 International Island Games. Run with the support of volunteers, WIIGA works in partnership with local sports clubs throughout the Western Isles and enables athletes toContinue Reading

Filed Under: Aquaculture, Front Page News
SalMar delivers strong performance

SalMar delivers strong performance

SALMAR today became the latest Norwegian salmon farming company this month to deliver higher profits and earnings on the back of increased prices and strong demand during both the final quarter of 2018 and for the full year. The company announced a fourth quarter operating profit (EBIT) of 934.9 million kroner, up from NOK 707.2Continue Reading

Filed Under: Aquaculture, Front Page News
Grieg Shetland income up amid challenges

Grieg Shetland income up amid challenges

THE Grieg Seafood Group ended 2018 on a high with record harvest volumes and increased revenues, its results for the final quarter and whole year show. Driven by high prices and cost reductions, the group reported a fourth quarter EBIT of NOK 351 million compared with NOK 151 million 12 months earlier. The EBIT perContinue Reading

Filed Under: Aquaculture, Front Page News
Mowi makes impressive debut

Mowi makes impressive debut

A STRONG demand for salmon and higher prices have helped newly branded Mowi make an impressive New Year debut. The company, which has changed its name from Marine Harvest, today reported a 2018 fourth quarter operational EBIT (earnings before interest and tax) of €213 million, up from €181 million for the corresponding period in 2017.Continue Reading

Filed Under: Aquaculture, Front Page News
Royal results for Norway farmer

Royal results for Norway farmer

NORWAY Royal Salmon (NRS) today reported the highest operational EBIT (earnings before interest and tax) in the history of the company for both the final quarter of 2018 and the full financial year. The fourth quarter EBIT was 232 million kroner, representing an EBIT per kg of NOK 17.73. The corresponding figures for the sameContinue Reading

Filed Under: Aquaculture, Front Page News
Now Nordic plans huge California farm

Now Nordic plans huge California farm

NORDIC Aquafarms, the company building the world’s largest land based salmon farm in the US state of Maine, is planning another major development in California. According to report in the Maine based Bangor Daily News, the Humboldt Bay Harbor, Recreation and Conservation District in California and a subsidiary of a Norwegian company called California MarineContinue Reading

Insect farming could take off in Scotland

Insect farming could take off in Scotland

SCOTLAND could lose out on becoming a major player in the emerging insects for feed sector if it doesn’t engage with the opportunities soon. The country is well placed to become a leader in the field, with its large aquaculture industry, a day-long conference in Edinburgh heard yesterday. Organised by Zero Waste Scotland, the eventContinue Reading

Fish Update Briefing, Friday, February 8

Fish Update Briefing, Friday, February 8

GRIEG INVESTS IN NEW LOW CARBON PLANTS GRIEG Seafood is to buy four new battery powered hybrid plants for its feed vessels as it looks to increase its environmental footprint by cutting down on diesel use. The plants, which hugely reduce diesel generator operations, have been specially developed by Fjord Maritime, based in Bergen, withContinue Reading

Awards celebrate fishing industry

Awards celebrate fishing industry

NOMINATIONS are still open for the annual Fishing News awards, which celebrate the commitment, skills and innovation of the commercial fishing industry. Open to all fishermen, processors, ports and businesses across the UK and Ireland, the deadline for entries is Tuesday, February 12. The awards recognise excellence across 14 categories, including Young Fisherman of theContinue Reading

Norway warning over UK fish sales

Norway warning over UK fish sales

THE Norwegian Seafood Council has urged exporters to send as much fish to the UK before Brexit Day, due on March 29, in case extra customs checks are imposed, leading to chaos. With the prospect of a no deal increasing, the fear is that Norwegian suppliers will also face higher costs and hold-ups. Interestingly, theContinue Reading

Clash expected over salmon farms’ future

Clash expected over salmon farms’ future

THE Scottish Greens are still calling for a moratorium on new fish farms despite a lengthy parliamentary inquiry concluding that there was no evidence to support a ban on expansion. Ahead of a debate today in Holyrood, where MSPs will discuss the findings of the Rural Economy and Connectivity (REC) committee, Green MSP John FinnieContinue Reading