Archive for August 2019
Scottish political parties ‘united behind salmon sector\’
THE Scottish salmon sector has the backing of all the parties in the Scottish parliament, following the two inquiries held into the industry last year. Fergus Ewing, Scotland’s Rural Economy minister, said the upshot of the committee investigations into the further growth of salmon farming was that all parties ‘together united in support behind the…
Read MoreAwards Treat as Scottish firm scoops top prize
SCOTTISH innovation was celebrated on the opening day of the world’s number one aquaculture show, when Edinburgh based Benchmark won the prestigious Aqua Nor Innovation Award this morning. The company picked up the accolade – along with a cheque for 100,000 kroner – for its breakthrough sea lice treatment system, CleanTreat, which cleanses treatment water…
Read MoreBakkafrost reports sea lice fight success
THE Bakkafrost group disclosed today that its policy of using non-medical methods was achieving considerable success in the fight against sea lice. As the Faroese salmon farmer unveiled its second quarter results for 2019, chief executive Regin Jacobsen told investors that there were clear indications that its large smolt strategy, together with the use of…
Read MoreLoch Fyne chain sold to Hong Kong
THE Greene King pub and brewing company, which owns the Loch Fyne seafood restaurant chain, has been sold to a Hong Kong based conglomerate in a deal worth a total of £4.6 billion. CK Asset Holdings, founded by Hong Kong\’s richest man, Li Ka-shing, will pay £2.7 billion for the 220-year-old business and take on its…
Read MoreSalmon companies a safe bet, troubled investors told
INVESTORS are being urged to turn to salmon companies as a safe haven amid the current global stock market turmoil. Shares around the world slumped last week over concerns about a US-China trade war and fears of another major recession. However, the seafood index on the Oslo stock market has been bucking the trend, rising by…
Read MoreBenchmark Holdings founder to step down
MALCOLM Pye, the chief executive and founder of the Yorkshire aquaculture health, nutrition and genetics business Benchmark Holdings has announced he intends to step down from the post this autumn. However, he has said he plans to continue with the business as a non executive director. Pye has told the board that he taken the…
Read MoreAKVA chair given special share option
FOLLOWING the announcement this morning that Knut Nesse will be the new chairman of AKVA, the company said Nesse’s own firm, Nesse & Co, had today acquired 50,000 shares from AKVA group (treasury shares) at a price of NOK 75.60 per share. Knut Nesse and Nesse & CO owned nil shares in AKVA group prior…
Read MoreTesco promotes alternative aqua feed
TESCO, which has more than 3,000 stores in the UK, is encouraging its salmon suppliers to use more alternative aqua feed ingredients. The giant supermarket has updated its salmon standards with the intention of reducing the amount of wild caught fish that is fed to salmon. Tesco has been working in partnership with Seachill, its…
Read MoreFormer Nutreco boss Nesse new AKVA chair
FORMER Nutreco CEO Knut Nesse has been appointed as the new chairman of AKVA\’s board, taking over from today. He replaces Hans Kristian Mong who has stepped down from the role after leading the group’s board for more than six years, the company said. Mong will continue as a board member of the group. Nesse…
Read MoreCooke plans to expand in Shetland
COOKE Aquaculture is planning to expand its Scottish operations with a proposed new farm in Shetland. The Canadian owned company has submitted an application for a 2,500-tonne, 12 x 120m circumference cage farm off Fetlar, the Shetland News reported. The development, at the Wick of Gruting, will cost more than £2 million and provide four,…
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