Posts by Robert Outram
Board changes at Nordic Aqua Partners
Nordic Aqua Partners, which is developing a land-based salmon farm in Ningbo, China, has named Ragnar Joensen as CEO and appointed three new directors to the company’s board. Joensen was previously Executive Chairman with the company. The three new faces on the board are Therese Log Bergjord, CEO at aquafeed business Skretting, which is a…
Read MoreFish farm protest staged at Grimsby football match
Anti-salmon farm campaigners used Grimsby Town FC’s League Two match against Newport County earlier this week to stage a large protest against plans for a new land-based fish farm in the town. The club is in the quarter finals of the FA Cup for the first time since before the Second World War after beating…
Read MoreBoard of Appeals upholds planning permit for Kingfish in Maine
The Kingfish Company has completed another stage in its plan to build a production plant in Maine, in the north eastern USA. The company is looking to farm yellowtail kingfish in Jonesport, Maine at a RAS (recirculating aquaculture systems) facility. It has now announced that the Jonesport Board of Appeals has upheld the Planning Board’s…
Read MoreSalmon price continues to spiral up
Fresh salmon prices have hit a new record for the third week in succession, according to Statistics Norway. Just when many people thought they might be due for a downward correction, they shot up by 6.2% to NOK 119.48 a kilo (£9.45) in week 9. Some buyers are describing the current market situation as being…
Read MoreReport highlights growth of aquaculture in Scotland’s marine economy
The annual contribution made by the aquaculture sector in Scotland to the national economy soared over the past decade, according to the latest Scottish Government statistics. Scotland’s Marine Economic Statistics 2020, which has just been published, shows that gross value added (GVA) by the aquaculture sector rose from £206m in 2011 to £362m in 2020,…
Read MoreWiSA award for global aquaculture researcher
Marine biologist Professor Elizabeth Cottier-Cook has been presented with an Outstanding Contribution award by Women in Scottish Aquaculture (WiSA) in recognition of her teaching in aquaculture and her research contribution to the global seaweed industry. There were also awards for individuals at Mowi, Bakkafrost and Heriot-Watt University. Professor Cottier-Cook of the Scottish Association for Marine…
Read MoreMåsøval Eiendom finds partner for Ice Fish Farm
Måsøval Eiendom, the main shareholder in Ice Fish Farm, has entered into a strategic partnership with the Icelandic fishing company Ísfélag Vestmannaeyja over its Iceland-based salmon operation. A separate holding company, Austur, has been created to manage the joint ownership. Last November Fish Farmer reported that Måsøval was seeking a suitable partner for the business.…
Read MoreCermaq warns of salmon tax consequences
A senior Cermaq executive has spelt out a number of likely consequences if the Norwegian government decides to implement its salmon tax without changes. Lars Galtung, head of sustainability and communications at the company, accused the government of rushing through its proposals for a so-called “ground rent” tax without due consultation. He hoped the Finance…
Read MoreIcelandic Salmon sees big jump in profit and revenue
Icelandic Salmon, the parent company of Arnarlax, has announced a big increase in its 2022 final quarter operating income, which was up by almost €16m year on year, to €51.7m (£46m). For 2022 as a whole income rose to €157.6m (£140.4m) against €90.8m (£80.9m) in 2021, an increase of 74%. The Norwegian group SalMar owns…
Read MoreChilean salmon farmer in debt default
The large Chilean salmon company Nova Austral has admitted it is in debt default after grappling with various financial problems. So far, a plea for patience from bondholders has met with a cool response. Although the company is based in Chile, its bonds are listed on the Oslo Stock Exchange. Nova Austral said in a…
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