Sharp dip for Mowi Q2 profits

SALMON farming giant Mowi expects its operating profit to drop by more than half during the second quarter of this year, it said in a trading update today. The company is forecasting an operational EBIT (earnings before interest and tax) of 96 million euros, compared with 211 million euros during in the same period last…

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Bakkafrost chief to co-head Global Salmon Initiative

BAKKAFROST chief executive Regin Jacobsen is to become co-chairman of the Global Salmon Initiative, working alongside Gerardo Balbontin, head of the Chilean aquaculture and fishing company Blumar Seafoods. The announcement was made by the GSI in London this week. Jacobsen, who master-minded Bakkafrost’s purchase of the Scottish Salmon Company last year, said the GSI was…

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A Giant Arrives

The July edition of Fish Farmer has just gone to press and the cover story is the arrival of Nordlaks giant offshore structure in Norway. We also take an in-depth look at how the salmon crisis blew up in China, as well as reporting on the possible impacts of sea warming for the fish farming…

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Mowi strikes forest free feed deal

SALMON farming giant Mowi has struck a deal with its suppliers to ensure that all of its feed production will in future be 100 per cent deforestation free. The company, which has extensive operations in Scotland, says it is delighted with the move which will come into force next year. It also makes Mowi the…

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Larger farms mean fewer lice, claims research

THE larger and fewer the number of fish farms, the greater the chance of reducing salmon lice! That is the view of Norway’s Institute of Marine Research and Veterinary Institute after carrying out a joint study on a problem that has been plaguing aquaculture companies for years. It is estimated to cost the industry more…

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Iceland salmon gets new retail brand

Iceland has launched its own retail salmon brand – at least among three fish farming companies. ASC certified fish is now being sold under the combined name of Iceborn, launched this week by the Norwegian sales company Seaborn. The businesses who have signed up are Laxar Aquaculture, Fiskeldi Austfjörður (Ice Fish Farm), and Arctic Fish,…

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New Business Development Director for Scottish Quality Salmon

Scottish Quality Salmon, which sets the quality and promotes Label Rouge Scottish Salmon, has created the new role of Business Development Director to grow the Label Rouge Scottish Salmon brand and enhance the market for its exports. Cameron Sutherland has been appointed to the new role and joins the company with extensive experience in promoting…

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Major expansion from Icelandic salmon company

ICELAND’S determination to be a major player in salmon farming has taken another big step forward with the announcement that the company Fiskeldi Austfjarða hf, which trades under the name Ice Fish Farm, has received provisional clearance to add another 7,000 tonnes of biomass in the east of the country. The company already has an…

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Norway hit by more ISA cases

TWO more suspected outbreaks of Infectious Salmon Anaemia (ISA) have been reported at fish farms in northern Norway, bringing the total cases to at least five since May. The first of the latest incidents is at Kleiva Fiskefarm and Gratanglaks AS in Troms and Finnmark county. The Norwegian Food Safety Authority said it plans an…

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Scottish tech entrepreneurs invest in Ace Aquatec

Scottish tech entrepreneurs Chris van der Kuyl and Paddy Burns have invested in Dundee headquartered aquaculture technology specialist Ace Aquatec. Founded in 1999, Ace Aquatec is a double Queen’s Award for Enterprise winner that develops acoustic deterrent devices and electric stunners that are used by fish farm operators in the UK and across the globe.…

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