Barramundi raises £8.8m for growth in Brunei

The Barramundi Group has raised the equivalent of £8.8m to expand its fish farming operations in Brunei. The company announced yesterday that it had secured the credit facility, of BND $15m, from a Bruneian financial institution. The Singapore-based Barramundi Group farms the fish of the same name, also known as Asian sea bass. It has…

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UK supermarkets join price fixing action against salmon giants

Fresh atlantic salmon on the supermarket counter

A number of British supermarkets are suing Norway’s main salmon companies following a European Union investigation into price fixing. This latest development was disclosed yesterday by the Lerøy Seafood Group, one of the companies facing action. Lerøy said in its Q4 report that the supermarkets issued claims for damages in the UK earlier this month against several Norwegian…

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Lerøy hit by new fish escape

Up to 5,000 mature salmon are feared to have escaped from a Lerøy facility in central Norway in the past few days. Lerøy Midt says it has informed the authorities of the incident, which is thought to have taken place on Tuesday of this week. Harald Larsen, general manager of Lerøy Midt, said the company has quickly…

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But where are the lice?

Loch Linnhe

Modelling for the supposed prevalence of sea lice is not backed up by samples taken in the field, says Dr Martin Jaffa Congratulations to the Fish Farmer magazine team for hosting their first Aqua Agenda webinar, which took place in January. The subject was fish health (see the report starting on page 46 of this…

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Processing software business Maritech acquired by US firm

Seafood processing and logistics software business Maritech has been snapped up by US high-tech group CAI Software. Maritech is a leading cloud-based ERP (enterprise resource planning) provider for the seafood and logistics industries across the European and North American markets. Founded in Norway, Maritech has an expansive, blue-chip customer bases in the seafood industry, offering…

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Lerøy in positive mood despite a challenging year

Salmon pens in a blue sea with blue sky

Despite a number of biological challenges, the Lerøy Seafood group delivered better than expected 2023 fourth quarter results, with only a slight dip in profitability. Although lower than a year earlier, the group, which is part owner of Scottish Sea Farms, produced an operational EBIT (operating profit) for Q4, before biomass adjustments, of NOK 765m…

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Aquaculture Awards attract more entries than ever

The Aquaculture Awards 2024 have attracted a record number of entries, up more than 20% on last year’s event. The shortlist has been published today. The awards, to be presented on May 15 at a gala dinner during the Aquaculture UK trade show and conference in Aviemore, include 13 separate categories covering everything from innovation…

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Måsøval sees revenue, profits up for Q4 but a loss for 2023

A workboat passes fish pens leaving a wake

Norwegian salmon farmer Måsøval has reported a big jump in revenue and operating profit for the final quarter of 2023. The story for the full year was less upbeat, however, with Måsøval recording increased revenue of NOK 2,400m (£180m) compared with NOK 1,992m (£149m), but operational EBIT down 32% to NOK 471.4m (£35m). The group…

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The great masquerade

Fish farm salmon round nets in natural environment Loch Awe Arygll and Bute Scotland

Salmon Scotland Chief Executive Tavish Scott addresses the blurring of the lines between activism and journalism, and highlights the desperate tactics of anti-salmon campaigners Our sector has hundreds of brilliantly talented biologists, veterinarians, hatchery technicians and environmental scientists who deliver the highest standards of animal welfare anywhere in the world. The innovation that has developed…

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Mowi criticised over Norwegian salmon mortality

Mowi is being taken to task by the Norwegian Food Safety Authority over the high number of salmon deaths in central Norway. According to the national broadcaster NRK, around 180,000 fish weighing an average of three kilos died at a single site in just a month (January this year), so the Authority has called on…

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