Salmon farmers a good bet, says bank

A LEADING Nordic financial institution has said it expects salmon farming companies to continue to show an increase in earnings this year. Danske Banke, which is Danish owned and has operations in at least 16 countries, believes prices are expected to rise or at least remain stable this year and this means salmon stocks constituted…

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Ace scoops second Queen’s Award

DUNDEE based Ace Aquatec has won a prestigious Queen’s Award for the second year in a row after its electronic stunner was recognised for animal welfare innovation. The Award for Enterprise Innovation marks the success of the company’s in-water electric stunning system in rendering fish unconscious before being processed. The honour, which coincides with the…

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Young eat 50% less fish than grandparents

YOUNG people are eating half the amount of fish that their grandparents’ generation consumed, according to research. Inadequate cooking skills are thought to be behind the decline among 18-34-year-olds, with only a quarter of millennials saying they felt very confident cooking seafood at home. The findings, from industry body Seafish, follow a recent report by…

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Taking stock of wild salmon

A NEW scheme aimed at boosting stocks of wild salmon is explained in a special Fish Farmer podcast by Jon Gibb, fishery manager of the River Lochy and director of the Lochaber District Salmon Fishery Board. Working with Mowi, Scotland’s biggest salmon farmer, Gibb and his team have launched a new approach to restocking, thought…

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Mowi buys Anglesey lumpfish farm

THE Welsh lumpfish farmer, Ocean Matters, has been bought by Mowi Scotland, effective from April 15, the company confirmed today. The facility, in Penmon, Anglesey, North Wales, has the capacity to produce two million of the cleaner fish, which it has been supplying to the salmon farming industry in Scotland to control sea lice. Its…

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Loch Duart up for export prize

SCOTTISH salmon farmer Loch Duart has been shortlisted as Exporter of the Year in the 2019 Insider Made in Scotland Awards. The independent Scottish business, which farms in Sutherland and the Uists, has seen export sales increase by 68 per cent over the last two financial years to an all-time high for the business. Loch…

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Whale watchers oppose Iceland fish farm

SOME of Iceland’s salmon farmers are facing a new and unusual source of opposition to their growth plans. Whale watchers and the tour companies that take them out to sea are challenging a proposal by AkvaFuture to produce up to 20,000 tonnes of fish in Eyjafjörður, in the north of the country. The plan is…

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Salmon medicated to beat the blues

SALMON may be vulnerable to a bout of the ‘blues’, with symptoms similar to those suffered by humans, a leading Norwegian marine scientist has suggested. The researcher, Øyvind Øverli, has discovered that some farmed salmon in cages have shown signs of depression familiar in mammals, such as stopping eating or becoming less active. This can…

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Mowi reports Q1 earnings rise

MOWI has reported increased earnings and higher than estimated volumes in the first quarter of 2019. The firm’s preliminary operational earnings before interest and tax rose 23 per cent year-on-year to 194 million euros for the January to March quarter, up from EUR 158 million in the same period last year. Mowi’s output was 104,000…

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Mowi marks manager’s 30 years

MOWI Scotland seawater manager David MacGillivray marked 30 years with the company last week in a special ceremony, complete with cake. He was presented with his long service award by Mowi farming operations director Gideon Pringle, at the company’s Fort William headquarters. MacGillivray (nicknamed ‘Bodger’ by his colleagues) started working for Mowi, formerly Marine Harvest,…

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