Young\’s restructures senior management team

YOUNG’S Seafood has announced a major restructuring of its senior management team following the arrival of new chief executive Simon Smith. Smith, who recently moved across from Grimsby rival seafood business Seachill, clearly intends to hit the ground running in what is becoming an intensely competitive business. Young’s was brought back by former private equity…

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Dutch firm plans $100m RAS site in US

THE Dutch aquaculture company KingFish Zeeland has become the latest seafood business to build a large land based facility in the US state of Maine. It has chosen the traditional fishing town of Jonesport for the $100 million plus project. But it will not be breeding salmon. Kingfish Zeeland specialises in the production of yellowtail,…

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CageEye sees scope for growth in NorseAqua

NORWEGIAN technology company CageEye has acquired farm equipment and cleaner fish firm NorseAqua in a move they say will change the way farmers work. CageEye is an IoT specialist, known in the aquaculture industry for its behavioural analysis and feeding control systems. The company uses hydroacoustics and machine learning to translate fish behaviour into knowledge.…

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Scottish Salmon Company in awards hat-trick

THE Scottish Salmon Company (SSC) has won three categories at the Highlands and Islands Food and Drink Awards, held last week. The company picked up top prizes for Business Growth, Export and Marketing at the ceremony in Inverness in recognition of its performance over the past 12 months. The SSC has posted record results in…

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Iceland poll finds huge support for salmon farming

THE inhabitants of the Westfjords region of Iceland have overwhelmingly come out in favour of fish farming following a special telephone poll carried out among its inhabitants. The poll was conducted by the marketing organisation MMR on behalf of the town of Bolungarvik, a community located on the Westfjords peninsula. The area is likely to…

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Gideon Pringle to leave Mowi Scotland

Mowi Scotland\’s high profile farming operations director, Gideon Pringle, is to leave the company, it was confirmed tonight. The search is now on for his replacement at Scotland\’s biggest salmon farming company. Pringle, who returned to Mowi in 2016 after five years as farming director of trout farmer Dawnfresh, is credited with turning around the…

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Good VIBES for eco conscious salmon farmers

TWO Scottish salmon farmers have been recognised in this year’s VIBES Scottish Environment Business Awards, which are given to organisations that contribute to sustainable development. The Scottish Salmon Company (SSC) won the Partnership Scotland Award, along with its collaborators in the Outer Hebrides Local Energy Hub (OHLEH) project. Together with Pure Energy Centre (PEC), Community…

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SAIC secures £10m to help industry thrive

THE Scottish Aquaculture Innovation Centre (SAIC) plans to focus on small and medium sized enterprises over the next five years, after securing its second phase of funding, worth £10 million. It will also use the money to develop aquaculture skills and talent across Scotland through a mentoring scheme; working with undergraduates and schools to build…

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Mowi may halt Irish investment over licence ‘hassle’

Mowi has warned it may move €22 million investment planned for Ireland to other countries because of delays in the Irish licensing system. Mowi Ireland boss Jan Feenstra has called on the Irish government to speed up reforms to the ‘outdated’ licensing regime, according to a report in Ireland’s Sunday Independent newspaper. The world’s largest…

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US salmon probe shakes Oslo shares

SEAFOOD shares on the Oslo Stock Exchange dropped sharply yesterday after it was revealed that three of Norway’s largest salmon companies are facing a United States criminal investigation over allegations of price fixing on the Atlantic salmon market. The companies, Mowi, SalMar and Grieg Seafood, have been handed subpoenas by the US Department of Justice.…

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