Iceland Seafood to end UK production

Iceland Seafood International (ISI) is to close its Grimsby-based value added seafood business with the loss of around 90 jobs. The company said uncertainty following Brexit was partly to blame. Although the company, which has extensive highly successful salmon operations in Ireland and Spain, the UK business has been struggling for some time. The company…

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Salmon tax row: independent group may decide base price

The Norwegian government is looking at setting up an independent body to set standard salmon prices, based on market values, as the basis for its proposed ground rent tax. The plan was unveiled to the employer organisations Seafood Norway (Sjømat Norge) and Seafood Companies (Sjømatbedriftene), when they met Finance Minister Trygve Vedum and Fisheries and Oceans…

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Fish health monitoring – it’s in our blood

Biomarkers can help us to take a more pro-active approach to fish welfare Whilst Paisley is not universally recognised as a centre of fish health excellence, this may be about to change with the complete refurbishment of a ground floor suite at the University of the West of Scotland (UWS) campus in PA1. WellFish Diagnostics,…

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Cost-effective bulk packaging

The S Bin provides an economical and greener alternative to EPS boxes Salmon processing companies are the main users of polystyrene boxes in the aquaculture sector, using approximately 8 million boxes per annum. The S Bin provided by Packaging Solutions Scotland Ltd (PSS Ltd), provides a very cost-effective alternative to EPS (expanded polystyrene) salmon boxes.…

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Look Out for the Green Vessels

The transition to a greener fleet with electric power propulsion is well underway in fish farming, according to Moen Marin, the world’s largest supplier of electric and hybrid workboats to the aquaculture industry. The Norwegian company’s market forecast for 2022 predicts that close to 80% of the newbuilds they deliver this year will be  vessels…

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Scotland’s biggest wellboat delivered to Bakkafrost

Bakkafrost Scotland has taken delivery of the largest wellboat to be deployed in the Scottish aquaculture sector. The Ronja Star is a hybrid vessel, commissioned from Norwegian wellboat operator Sølvtrans. It boasts world-leading technology with an FLS mechanical sea lice removal system and the capacity to provide freshwater treatment. It uses a reverse osmosis system…

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OTAQ reports revenue, profits up for H1

Ocean technology group OTAQ has reported a year on year increase in profits of more than 25% for the six months to 30 September, on the back of increased revenue. The company, which serves the aquaculture, geotracking and offshore markets, has published unaudited interim results showing revenue up 11.3% to £2.026m for the first half…

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Måsøval seeks strategic partner for Iceland business

Måsøval Eiendom has said it is exploring the potential of taking on a strategic partner in the Icelandic salmon company Ice Fish Farm, which it says has the potential to outgrow its parent. Måsøval is the main shareholder in the business which, unusually for a fish farm, is based on Iceland’s east coast. The majority…

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Salmon ‘big five’ snub government overture

Norway’s five largest salmon companies have turned down a “clear the air” meeting with senior government ministers today over the ground rent tax controversy. Instead they have asked to be represented by the main employer organisations, Seafood Norway and Seafood Companies (Sjomatbedriftene). The proposed tax will be limited to farms producing more than 4,000 to…

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Lau to take up CEO role at DESMI

Humphrey Lau has been named as the Chief Executive of pump technology business DESMI, following the decision by long-serving CEO Henrik Sørensen to step down. Sørensen has been CEO at DESMI since 1996, and a shareholder since 2003. Humphrey Lau will take over as CEO as from 1 December. He is an experienced executive who…

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