AKVA sees revenue and profits up for first quarter
Aquaculture technology group AKVA has reported revenue for Q1 of 2022 up 18% year on year to NOK 849m (£70.7m) and earnings up 23% to NOK 103m (£8.6m), excluding the […] Continue Reading
Lerøy profits up, but CEO warns of rising costs
Lerøy Seafood today became the latest fish farming business to report near double first quarter operating profits on the back of rising salmon prices. The group, which has a half share […] Continue Reading
Declaration of trust
The Öxarfjörður region on the North East coast of Iceland, encircled by volcanic mountain ranges, is about as remote as a traveller to that country is likely to get. The […] Continue Reading
Samherji recruits former Mowi CEO to drive expansion
Icelandic fishing and seafood giant Samherji has completed a US $26m share capital increase to fund future aquaculture expansion. The money (equivalent to £21.3m) was raised through its aquaculture arm, […] Continue Reading
University of Stirling rated top for aquaculture research
The University of Stirling’s Institute of Aquaculture has been ranked “first for impact” in the UK in the field of Agriculture, Veterinary and Food Science. The accolade comes from the […] Continue Reading
Scottish Sea Farms helps SalMar to profit in Q1
SalMar today became the latest fish farming company to report increased first quarter operating profits on the back of soaring salmon prices. The salmon giant, which is part owner of […] Continue Reading
Qatar Airways reports seafood transport milestone
Qatar Airways has reported a record year for salmon shipments between Oslo and Doha in the Middle East. The airline transported more than 46,000 tonnes of Norwegian seafood in 2021, […] Continue Reading
Salmon exporters warn against ‘trade war’
Escalating the dispute between the UK and European Union over the Northern Ireland protocol risks a damaging trade war. That’s the warning from Salmon Scotland, which represents producers and suppliers […] Continue Reading
Insurers pay Atlantic Sapphire £21m after Danish fire
The fish farmer Atlantic Sapphire is to receive an insurance settlement of around £21 million following a major fire at its Danish fish farm last September, the company has announced. […] Continue Reading