Posts by Jenny Hjul
Cleaversmith off to new job in Canada
FORMER Akva Group Scotland managing director Jason Cleaversmith is to start a new role in Canada. He has been appointed by the Prince Edward Island Centre for Aquaculture Technologies Canada (CATC) as vice president of its health and nutrition business unit and general manager of its Canadian operations. Cleaversmith, who has also held posts at…
Read MoreScottish Salmon Company secures £100m growth package
THE Scottish Salmon Company, recently acquired by the Faroese aquaculture group Bakkafrost, has secured a £100 million refinancing package to help move the business forward over the next five years. In a financial announcement last night it said: ‘The Scottish Salmon Company PLC is pleased to announce that its wholly owned subsidiary, the Scottish Salmon Company…
Read MoreWhisky based algae start-up gets £1m boost
AN Edinburgh based microalgae company has secured further investment of £1 million to commercialise its whisky derived feed alternative. Biotech start-up MiAlgae uses co-products from the whisky distillation process to produce microalgae, high in omega-3 and other nutrients. The algae can be used to replace marine ingredients in fish feed, with one tonne of algae saving up to 30 tonnes of…
Read MoreSaving wild salmon should be ‘national priority’
THE Scottish government is funding a £750,000 project to track the migration of wild salmon smolt on Scotland’s west coast. The measure was revealed last night following a meeting at Holyrood between politicians and wild fisheries representatives. The scheme will involve the government, the Atlantic Salmon Trust and Fisheries Management Scotland. The Scottish government said…
Read MoreNorway ‘can hit NOK 200 billion within decade’
NORWAY’S seafood chief has said the country has the potential to double its exports to NOK 200 billion a year within the next decade. A jubilant Renate Larsen was speaking after she revealed that sales in 2019 had hit a record NOK 107.3 billion. The CEO of the Norwegian Seafood Council said: ‘We see an increasing trend,…
Read MoreProfit turns to loss for Nolan Seafoods
NOLAN Seafoods, the Scottish salmon and white fish processor, saw its profits evaporate into a loss last year. The Aberdeen based company, now part of International Fish Canners (IFC), this week reported a post tax loss of £816,497 for the financial year ended March 31, 2019, compared to a profit of £167,189 in the previous period. Nolan Seafoods employs…
Read MoreNorway exports reach record NOK 107 billion
NORWAY’S seafood industry enjoyed its best ever year in 2019 with export sales hitting a record 107.3 billion kroner – or £9.25 billion – despite slightly lower volumes. And it is clear that aquaculture, and farmed salmon in particular, is the big money spinner, delivering more than two thirds or NOK 76.5 billion (£6.6 billion) of…
Read MoreOcean Matters hits two million lumpfish milestone
Mowi owned cleaner fish producer Ocean Matters harvested 2,000,000 lumpfish in 2019, a new milestone for the company and a UK record. The Anglesey based firm, acquired by Mowi last year, was set up in 2015 on the site of an old turbot farm and harvested its first lumpfish in 2016. In 2017, Mowi bought…
Read MoreScottish Salmon Company harvest rise
THE Scottish Salmon Company is on course to produce a healthy 10 per cent plus increase in its harvest volume for 2019. In a trading update by new owner Bakkafrost, the harvest output for the final quarter of the year is 7,900 tonnes gutted weight, an increase of around 900 tonnes on Q4 in 2018. The total for…
Read MoreMowi Scotland in new ASC drive for all farms
Mowi Scotland plans to achieve ASC certification at all its freshwater loch sites this year, along with additional seawater sites, the company announced today. Until the ASC (Aquaculture Stewardship Council) revised its salmon standard last year, many farms in Scotland could not comply because the ASC did not allow the production of salmon smolts in…
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