Cod farmer in merger talks

Troubled cod farmer Statt Torsk has entered into an agreement of intent with the Nordland white fish aquaculture business Vesterålen Havbruk AS, regarding a possible “business combination”. In an announcement to the Oslo Stock Exchange late yesterday, Statt Torsk indicated that any merger of the businesses was at an early stage. Vesterålen Havbruk AS is…

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Seagriculture USA 2023: Chances and changes in the seaweed industry

The second edition of Seagriculture USA will take place on 6-7 September in Portland, Maine on the US east coast. A packed programme aims to celebrate innovation and enterprise in the growing seaweed sector, highlight the latest developments, nurture collaborations, and foster a sense of community within the industry. As last year, the event is…

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Take fresh approach on aquaculture, new Canadian minister urged

Diane Lebouthillier, Canada’s new Fisheries Minister, has been urged to take a more pragmatic approach to salmon farming in British Columbia. Lebouthillier took over from Joyce Murray three weeks ago after the latter was removed by Prime Minister Justin Trudeau, in a large scale cabinet reshuffle. Murray, who has said she will not be standing…

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Lerøy hailed as climate champion – again

The Lerøy Seafood group has been named a climate champion, for the second year in succession, by the consulting company PwC. PwC published its annual Climate Index for Norway this week and Lerøy, which is part owner of Scottish Sea Farms, has again come out top among a number of Norwegian companies in terms of…

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A vision for the future of salmon farming

In his latest column for Fish Farmer magazine, Salmon Scotland chief executive Tavish Scott welcomes the publication of the Scottish Government’s new vision for sustainable aquaculture and sets out his own organisation’s view of the future of Scottish aquaculture. Read his article, starting on page 30, in the August issue of Fish Farmer, out now…

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Salmon tax betraying Norwegian youth, says Tromsø newspaper

A leading regional newspaper in northern Norway has launched a strong attack on the government over its salmon tax plans, accusing it of depriving local people of opportunities to progress. Although the salmon tax issue was approved by the Norwegian parliament at the end of May, the debate and controversy continues to rumble on The…

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Cod farmer more than doubles Q2 loss

The Norwegian cod farmer Statt Torsk turned in a loss of NOK 18m (£1.3m) during the second quarter this year, it has informed the Oslo Stock Exchange. The figure is more than double the NOK 7.7m (£580,000) loss during the same quarter last year. Sales totalled NOK 42.2 million (£3.2m) during the April to June…

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Ace Aquatec hires Davidson as CTO

Aquaculture and marine technology company Ace Aquatec has appointed Keith Davidson as Chief Technology Officer. Bringing a wealth of experience leading global technology teams, he joins from Singapore-based tech company Aaquaverse – which, despite its name, is focused on social media, not aquaculture. Ace Aquatec said: “Having managed teams across the USA, Canada, India, China,…

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Salmon farm staff share £6m bonus

North Norwegian salmon farming company Nova Sea is to share more than £6m of its profits with its workforce. Based on an island on the edge of the Norwegian Sea, the company has 33 farming licences, making it one of the largest producers of farmed salmon in the region. Nova Sea made a profit after…

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Land based farming hopeful ceases trading

Salmo Terra, a company hoping to build a land based salmon farm in the north of Norway, has ceased trading. The company first announced plans for an 8,000 tonne facility at a disused whaling station near Bergen back in 2017 but has spent the last six years seeking finance for the project – seemingly without…

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