Posts by Janice Johnston
Big rise in Mowi Q4 operational profit
MOWI today reported an operational EBIT or profit of 239 million euros for the final quarter of 2022 – almost €100m higher than in the same period last year. The star performer was Mowi Norway, but its Scottish and Irish operations, which have been experiencing varying biological issues, produced lower harvests than a year ago.…
Read MoreSeafood boosts Hilton Group 2022 sales
SEAFOOD was one of the key drivers behind a strong Christmas sales lift for the Hilton Food group. In a 2022 trading update yesterday and without giving firm figures , the company said that sales were in line with the board’s expectations and were up on 2021. It also said it was carrying out a…
Read MoreNorway puts land farm expansion on hold
THE Norwegian government has called a temporary halt to new land based fish farming applications. Fisheries and Oceans Minister Bjørnar Skjæran says he wants time to develop a clearer framework for the needs of aquaculture on land against those of sea based aquaculture. Compared to traditional sea or fjord salmon farming, land based farming is…
Read MoreSweden’s first major salmon farm receives £42m EU grant
THE EU investment bank EIB is to provide 530 million Swedish kroner (SEK) or £42m to build a new “super green” land based salmon farm in Sweden. The company behind the project is RE:OCEAN which is planning to produce 10,000 tonnes of salmon a year by 2026. RE:OCEAN has been given this generous support because…
Read MoreBREAKING NEWS – Lidl in listeria fear – smoked trout recall
The retail chain Lidl is recalling two Scottish produced smoked trout products from its UK Christmas range. A warning was sent out by the UK Food Standards Agency which said the products Deluxe Oak Smoked Scottish Loch Trout and Lighthouse Bay Smoked Trout Trimmings may be contaminated with listeria monocytogenes (LM). The supermarket has issued…
Read MoreSoaring Scottish salmon sales defying inflation and Brexit
Sales of salmon in UK stores are running at £1.2 billion-a-year, with the high-protein fish increasing its share of the market ahead of the busy Christmas period, Salmon Scotland has revealed. In the 12 months to October, new figures show that salmon made up 29.6% of total fish sales – an annual increase from 28.9%,…
Read MoreTax rebellion grows – from within government parties!
MORE pressure is being piled on Norway’s Labour – Centre Party coalition government to shelve its controversial ground rent tax – and this time it is coming from within those two parties. The call was made by the Labour-Centre party dominated county council in Trondelag, one of Norway’s main salmon farming areas. They said they…
Read MoreBenchmark receives warm welcome to Oslo Stock Exchange
THE aquaculture biotechnology company Benchmark Holdings has made its debut on the Oslo Stock Exchange’s Euronext Growth market to welcome and congratulations from the market. Euronext Growth is a multilateral trading facility which mainly falls outside the scope of the Norwegian Securities Trading Act. It also provides a sound platform for innovative seafood related businesses…
Read MoreCermaq releases fish into third iFarm
CERMAQ has stocked fish in the third version of its artificial intelligence (AI) led iFarm in northern Norway. This time the emphasis is on machine learning. Its iFarm project is designed to improve the health and welfare of fish in net pens with the focus this time on machine learning. It has already been tested…
Read MoreYoung’s and Blackthorn Salt in Asda salmon launch
Young’s Seafood has teamed up with the Ayr based Blackthorn Salt company to secure a contract to supply a new Extra Special Blackthorn Dry-Cured Smoked Salmon product to over 450 Asda stores across the UK this festive season. Young’s Seafood is the UK’s largest specialist seafood brand, and the Extra Special Blackthorn Dry-Cured Smoked Salmon,…
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