Posts by Robert Outram
Måsøval restructures as salmon tax looms
Family-owned fish farming company Måsøval is to carry out a major reorganisation of its business, which it says is necessary to address its growing tax burden. A general meeting is scheduled for later this month, to formally adopt the plan, which involves concentrating the biomass and all food fish operations into one company. It is less than…
Read MoreTwo month long salmon price decline ends
The long decline in fresh salmon prices may be over. The latest figures from Statistics Norway show they rose last week for the first time in more than two months. The figure for week 36 was NOK 76.81 per kilo (£5.76), an increase of 2.2% on the previous week. Export volumes are continuing to run…
Read MoreThe September 2023 issue of Fish Farmer is out now
The September issue of Fish Farmer is out now, and you can read it here, or download to read later. Last month saw the return of Aqua Nor, the aquaculture industry’s biggest trade show, which after four years has regained its truly international status, with visitors and exhibitors from Chile, North America, China and New…
Read MoreMowi and Frøy sign ‘super green’ boat deal
The aquaculture services support company Frøy has entered into a contract to supply Mowi with a new low-emission workboat. Frøy says the vessel, to be called the Frøy Supporter, is a further development of two earlier vessels in the same series (pictured), but will have an even smaller environmental footprint and will also act as a support…
Read MoreKrucial raises a further $3.7m for growth
Comms company Krucial, which uses satellite technology to bring connectivity to remote locations, has secured further funding of more than US $3.7m (£2.96m) to help the business grow. Krucial uses Internet of Things and space-based technology to provide secure digital links for sites were cellular communications are unreliable or non-existent. It has developed a package,…
Read MoreSalmon tax parties suffer heavy defeats in Norway’s local elections
Norway’s Labour and Centre parties, the coalition government architects of the controversial salmon tax, both suffered heavy defeats in the country’s regional elections yesterday. With results from 357 councils declared, Labour’s share of the vote plunged to 21.9% while the Conservatives became the largest party on 25.9%. The Conservative leader Erna Solberg has pledged to…
Read MoreIce Fish Farm CEO signals he wants to step back
Guðmundur Gíslason, the CEO of Ice Fish Farm, has given notice to the board of directors, that he wants to resign his position to further focus on developing the company’s future sales strategy. Gíslason has headed the Icelandic company from its early stages and through to a period of strong growth. He told the board:…
Read MoreKingfish Company reports solid half year progress
The Kingfish Company, the pioneering land based yellowtail producer, achieved strong growth and continuing financial improvement during the first six months of this year. Its half year results show a 31% increase in revenue along with higher production. CEO Vincent Erenst said: “Our financial results for the first half of 2023 are marked by key…
Read MoreKames Community Fund helps refurbish local museum
Steelhead trout producer Kames Fish Farming has celebrated the reopening last week of a local museum the company has helped to refurbish. Kames donated £2,500 to the Kilmartin Museum, at Lochgilphead in Argyll. The museum displays ancient artefacts close to the sites where they were discovered, including some of Scotland’s earliest examples of Beaker pottery,…
Read MoreSalMar and Nippon Gases in waste heat deal
Nippon Gases and the SalMar subsidiary SalMar Settefisk have entered into an agreement to use waste heat in aquaculture. They said this sustainable collaboration underlines both companies’ commitment to green initiatives and the circular economy. The deal involves two facilities located side by side on the Tjuin industrial area, near Steinkjer in central Norway. Nippon Gases…
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