Posts by Robert Outram
Proximar prepares for first Mount Fuji harvest
Proximar Seafood is strengthening its production team in readiness for its first salmon harvest near Mount Fuji in Japan in around 12 months’ time. Presenting its second quarter results, the Norwegian land-based farming company said it has now completed acquisition of the land, adding that the transfer will reduce financing costs as announced in the…
Read MoreSeafood war looms after Japan releases nuclear plant water
An inter-Asian seafood war is threatening after Japan began releasing waste water from the earthquake-damaged Fukushima nuclear power plant. China became the latest country to ban imports of all types of Japanese seafood while South Korea has stopped taking fish caught or farmed from the area around the now abandoned power plant. Anti-Japanese sentiment is…
Read MoreSensor Globe wins Innovation award
A Canadian company that has developed a way to keep tabs on fish welfare during treatments and transfers has won the prestigious Innovation Award at the Aqua Nor trade show in Trondheim today. Sensor Globe, developed by Nova Scotia based Marin X, employs acceleration measurements alongside water quality monitoring to enhance fish welfare and reduce…
Read MoreAndfjord Salmon moving into top gear
Andfjord Salmon, one of Norway’s youngest land based fish farming companies, has said it is rapidly advancing with the expansion of its aquaculture facility at Kvalnes, Andøya. The summer months saw successful preparatory efforts and the deployment of personnel and equipment, setting the stage for the next phase of construction. Two months ago, Andfjord Salmon…
Read MoreSalMar reports strong Q2, but SSF continues to disappoint
SalMar today reported a 2023 second quarter operational EBIT or profit of NOK 1,745 million (£130m) – around £55m higher than for same period last year. The world’s second largest Atlantic salmon farmer said Norway delivered the strongest performance with an EBIT of NOK 1,790m (£132m), adding that Scottish Sea Farms in which it owns…
Read MoreMulti X and Intership sign ‘super wellboat’ deal
Chilean salmon farmer Multi X is acquiring one of the world’s most advanced wellboats, following an agreement with the Norwegian company Intership. The two companies have entered into a long term agreement for a newbuild with a 4,000 cubic metre capacity, in a deal struck at the Aqua Nor trade show in Trondheim. The vessel…
Read MoreMowi to sue over salmon tax
Fish farming giant Mowi is to sue the Norwegian government over its decision to introduce a salmon ground rent tax, the company confirmed today. CEO Ivan Vindheim said today the company plans to file a case against the state through the Oslo District Court because it believes the tax to be discriminatory. Vindheim was one…
Read MoreMowi achieves record revenue for Q2
Mowi today recorded all-time high revenue of €1,365 million (£1,166m) in the second quarter of 2023, with its Scottish operating achieving improvements on a number of fronts. The earnings total compares with €1,232m (£1,053m) in the corresponding quarter of 2022. The operational profit was also strong at €300m (£256m) in the quarter. Mowi said the…
Read MoreLerøy reports a better Q2, but Scotland remains challenging
The Lerøy Seafood combined aquaculture and fishing group today reported higher 2023 second quarter revenues and profits. But the company is still experiencing serious problems at Scottish Sea Farms, in which it owns a half share. The company said the group record high revenues of NOK 7,668m (£568m) were driven by strong prices resulting from…
Read MoreBakkafrost’s Native Hebridean shortlisted for award – again
Bakkafrost Scotland’s Native Hebridean Smoked Scottish Salmon has once again been shortlisted in a major awards programme. The company is in the running in the Primary Producer category, in the Highlands & Islands Food & Drink Awards 2023. Last year, Native Hebridean Smoked Salmon won two awards – Product of the Year and Artisan Product…
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