Archive for August 2020
Leading from the front
Frontfish UK provide professional cleaner fish transportation. They specialise in small, regular collections and deliveries which have been found to significantly improve the fishes adjustment period to their new environment, as well as returning a very high survival rate. They have over 30 years experience in live fish transportation covering a wide variety of species.…
Read MoreSSF serves up profit for SalMar
Following losses at the start of the year, Scottish Sea Farms (SSF) produced a modest second quarter profit for salmon farming giant SalMar, the Norwegian company has revealed in its latest financial report. SSF, also known as Norskott Havbruk and which SalMar shares with the Lerøy Seafood Group, returned revenues of NOK 465 million (£39.4…
Read MoreEuro Star
After years of workboat building, including EuroCarriers and successful delivery of delousing barges, Neptune Marine has developed the EuroSupporter series, an all-round support vessel for the growing aquaculture industry. With free deck space that is remarkable for vessels of this length, these workboats offer exceptional value for their size when it comes to their ability…
Read MoreBakkafrost cites \’covid uncertainty\’ as dividend pulled.
Despite an equity ratio of 69 per cent, Bakkafrost has decided to forgo paying a dividend for 2019 because of the continued uncertainty surrounding Covid-19. The Faroese fish farming group said after unveiling its 2020 second quarter results yesterday that its financial position remained strong with a solid balance sheet, a competitive operation and available…
Read MoreBakkafrost cites \’covid uncertainty\’ as dividend pulled.
Despite an equity ratio of 69 per cent, Bakkafrost has decided to forgo paying a dividend for 2019 because of the continued uncertainty surrounding Covid-19. The Faroese fish farming group said after unveiling its 2020 second quarter results yesterday that its financial position remained strong with a solid balance sheet, a competitive operation and available…
Read MoreMowi drops dividend and reduces headcount
Mowi has unveiled plans to reduce its headcount by ten per cent as Covid-19 continues to take a toll on financial performance. And it is not paying a dividend for the first two quarters of this year. The world’s largest salmon farmer made the announcement as it reported a 2020 second quarter EBIT of 99…
Read MoreGael Force set their sights
In July, Gael Force Group celebrated the launch of a new integrated range of HD camera technology products under their SeaSight brand. Their technology range has been substantially advanced with the development of a new SeaSight HD Camera which captures underwater video in crystal clear high definition. Combined with the new and intuitive SeaSight Control…
Read MoreMowi responds to Carradale fish losses
As a response to the damage caused by Storm Ellen to their fish farm site at Carradale North, Mowi Scotland last night issued the following statement: \’Mowi Scotland’s salmon farm at Carradale North, consisting of 10 circular net pens containing 550,700 salmon (@~4.2kgs), shifted its position after becoming detached from its seabed anchors during Storm…
Read MoreIn The Deep
Spectis Robotics Ltd. have announced a new partnership with Deep Trekker Inc. to bring their remotely operated vehicles (ROVs) to Scotland. Deep Trekker Inc. has a long history of collaboration with global players in the aquaculture industry, and Spectis is now bringing that expertise directly to Scottish fish farms. You can speak to them about…
Read MoreNRS reports Q2 EBIT increase
Norway Royal Salmon (NRS) today announced an increased operational EBIT (earnings before interest and tax) of 120 million Norwegian kroner (NOK) (£10.2 million) during the second quarter of this year. The figure for Q2 2019 was NOK 113 million (£9.6 million). But as with every other salmon producer, Covid-19 continues to affect financial results. NRS…
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