Iceland fears over export competition

Iceland fears over export competition

ICELAND’S fisheries minister Kristján Þór Júlíusson has told industry leaders that it is vital to support the sector in foreign markets. Some companies expressed fears recently that the increasing strength of the kroner was undermining its export position, leading to increased competition from rival countries such as Norway, which has seen its kroner decline in value. TheContinue Reading

Filed Under: Catching, Catching News, Front Page News, Markets, Prices
Top salmon companies attack tax plan

Top salmon companies attack tax plan

TWO of Norway’s leading salmon farming companies have joined the growing chorus condemning government plans for a new tax on the seafood sector. Following publication of its recent first quarter results, Lerøy Seafood said the reports were leading to increased uncertainty. And Alf-Helge Aarskog, CEO of Marine Harvest, told the business news website E24.no that any proposal that ledContinue Reading

Filed Under: Aquaculture, Catching, Front Page News, Markets, Prices
Cooke Aquaculture to create 100 new jobs

Cooke Aquaculture to create 100 new jobs

COOKE Aquaculture is to create up to 100 new jobs in the Canadian province of New Brunswick with support from the provincial government. New Brunswick premier Brian Gallant said: ‘Cooke Aquaculture is a great example of how New Brunswick’s workforce and know-how can help businesses grow. ‘Your government’s multi-year economic growth plan is focused on investing to helpContinue Reading

Filed Under: Aquaculture, Front Page News
New tool raises profile of farmed fish

New tool raises profile of farmed fish

A NEW web tool has been developed to provide seafood buyers with information about the most important farmed fish and shellfish species on the UK market. The easy-to-use online tool, launched by industry body Seafish, profiles nine species, which will increase to 14 over the coming months. The profiles offer information on production location andContinue Reading

Filed Under: Aquaculture, Catching News, Front Page News, Markets, Prices, Processing
Fishermen can trial new safety monitor

Fishermen can trial new safety monitor

FISHERMEN from all over the UK are being invited to participate in research trials to improve safety at sea. A new stability monitor called SeaWise has been designed for small craft to warn of loss of stability while at sea. The system monitors the loss of stability through continuous roll measurement. The system is nowContinue Reading

Filed Under: Catching, Catching News, Front Page News
Fish Update Briefing, Friday, May 18

Fish Update Briefing, Friday, May 18

CHINA PLANS SALMAR STYLE PLATFORM CHINA is planning to develop an offshore salmon farming sector by using platforms similar to the large vessel bought by the Norwegian company SalMar last year, the South China Morning Post says. One Chinese company is developing a 35 metre tall rig capable of producing 1,500 tonnes of salmon a year.Continue Reading

Skipper show will be ‘busier than ever’

Skipper show will be ‘busier than ever’

THE Scottish fishing industry will gather in Aberdeen next week for the annual Skipper Expo, which has attracted a strong international presence this year. With around 200 stands, the exhibition will provide a comprehensive showcase for the Scottish fishing industry when it opens its doors on Friday, May 25. The two-day show will see moreContinue Reading

Salmon farmers separate fact from fiction

Salmon farmers separate fact from fiction

SCOTLAND’S salmon farmers have produced a booklet of facts about their industry, aimed at addressing misperceptions and correcting often inaccurate coverage in the press. The publication, ‘Reported Versus Reality: A Pocket Guide to Scottish Salmon Farming’, has been sent to MSPs, Scottish MPs and local councillors, as well as to other stakeholders, including regulators, environmentalContinue Reading

Welfare award for MH’s Steve Bracken

Welfare award for MH’s Steve Bracken

MARINE Harvest Scotland’s longest serving employee, Steve Bracken, was thanked for his commitment to fish welfare at a special presentation in Fort William yesterday. Two members of the RSPCA Assured scheme (formerly known as Freedom Food) surprised Bracken, Marine Harvest’s business support manager, when they arrived at the company’s Stob Ban office to make theContinue Reading

Calysta protein in salmon feed trials

Calysta protein in salmon feed trials

CALYSTA, the company behind an alternative form of fish feed protein, is to partner with Norwegian research institution Nofima in large-scale salmon trials. The trials, to be designed by Nofima, will begin in early 2019, California based Calysta announced today. The company, which has backing from the feed giant Cargill, claims that its FeedKind protein,Continue Reading

Akva announces Egersund acquisition

Akva announces Egersund acquisition

AKVA Group is to buy Egersund Net for a reported 750 million NOK (£68.50 million), the company announced yesterday, strengthening both companies’ offerings to the aquaculture industry. The deal seals a close collaboration between the two firms, which recently agreed that Egersund would be represented by Akva in all export markets outside Norway. ‘Egersund NetContinue Reading

Scale of Five Star losses revealed

Scale of Five Star losses revealed

FIVE Star Fish, the seafood business which is threatening to close its Grimsby site with a potential loss of almost 400 jobs, has reported a significant increase in its losses despite a large rise in turnover. The secondary white fish processor is a wholly owned subsidiary of Boparan Holdings, which deals mainly in poultry under the 2Sisters FoodContinue Reading

SalMar value doubles in less than a year

SalMar value doubles in less than a year

THE value of the fish farming giant SalMar has doubled in the past 12 months, the Norwegian media are reporting. The family owned company, whose motto is ‘passion for salmon’, is now worth more than 40 billion kroners (£3.6 billion sterling), twice what it was just a year ago. Shares of the company, which owns 50 perContinue Reading