Archive for October 2022
BC salmon farmers warm to fisheries minister
Relations between British Columbia salmon farmers and the Canadian federal government appear to be improving. The thaw follows a meeting between the Fisheries and Oceans Minister Joyce Murray and the BC Salmon Farmers Association during which she visited Vancouver Island, one of the areas where the government wants to end traditional open net pen farming. Throughout…
Read MoreElectric shock
Well, what a couple of months it’s been. In Fish Farmer’s September issue, we looked at the Russo-Ukrainian War in Europe raging on, and food and fuel costs rocketing up. In just a few weeks, Britain got a new Prime Minister and Cabinet, lost one monarch and gained another, then another Prime Minister, and amongst…
Read MoreKrill diet ‘improves sea bream survival’
Sea bream larvae fed on a diet including krill show increased survival rates and enhanced growth. The findings come from a study by researchers at KAUST (the King Abdullah University of Science and Technology, Saudi Arabia, the Institute of Aquaculture at Stirling University, Scotland and Universidad de Las Palmas de Gran Canaria, Spain. The larvae…
Read MoreNorway’s Finance Minister hints at salmon tax amendments
Norwegian Finance Minister Trygve Slagsvold Vedum has suggested that he is open to amending his controversial ground rent tax plans for the salmon industry. Vedum, who is also leader of the Centre Party (also known as the Liberal Party) in the Labour led coalition government, made the disclosure in an interview with the left-wing news…
Read MoreSAIC offers £500k for innovation projects
The Sustainable Aquaculture Innovation Centre (SAIC) has opened a new funding call for collaborative innovation projects. More than £500,000 will be split between successful project proposals designed to future-proof Scottish aquaculture and support sustainable growth while minimising its environmental impact. Collaborative research teams involving experts from across the sector, along with Scottish Higher Education Institutions…
Read MoreArnarlax chooses ScaleAQ Aasgaard feed fleet
Icelandic salmon farmer Arnarlax has chosen a ScaleAQ modular Aasgaard series for its latest feed barge fleet. The craft is built to withstand a “significant wave height” of as much as 5.5 metres (in practice, this means waves up to 11 metres high) and has a storage capacity for up to 900 tonnes of feed.…
Read MoreMowi, Sainsbury are winners in the UK ASC awards
Salmon producer Mowi’s Consumer Products arm has been named UK Retail Supplier of the Year in the Aquaculture Stewardship UK awards. Supermarket chain Sainsbury’s won the title of UK Retailer of the Year. This was the first time the retail supplier category has been included in the ASC UK awards. The award recognises the work…
Read MoreSalmon Evolution CEO quits for family reasons
Salmon Evolution CEO Håkon André Berg has resigned due to “personal family matters”, the company said in a Stock Exchange announcement today. The board of directors of the land-based salmon farmer has acknowledged his decision, and has appointed Chief Financial Officer Trond Håkon Schaug-Pettersen as interim CEO with immediate effect. Berg will be available for…
Read MoreCermaq reins back investment despite high profits
The Norwegian arm of the salmon farming giant Cermaq has unveiled “good results” for last year, but says it is freezing investment worth NOK 400 million (£33m) and, with it, 300 new jobs in northern Norway. Mitsubishi-owned Cermaq Norway reported profits of NOK 1.7 billion (£143m) for 2021. The company said part of that surplus…
Read MoreBenchmark says 2022 profits will beat forecast
Aquaculture biotechnology business Benchmark says its profits for the year to 30 September 2022 are set to exceed market expectations. The company’s latest trading update, ahead of the audited full year results, suggests that Benchmark will report adjusted EBITDA “in the range of £30m-£31m” for the financial year. That would mean the company outdoing the…
Read More