News
Cermaq announces big investment in Chile
Cermaq has announced that it is planning to invest around £80m in a new RAS fish farm in southern Chile. Called Nueva PCC, Mitsubishi-owned Cermaq said it will be one of its most important projects in the region. It will have a production capacity of 14 million smolts per year. Cermaq Chile said the second stage of…
Read MoreStark numbers
The latest report from the Norwegian Veterinary Institute indicates that the industry is still failing to get a grip on salmon and trout mortalities. Vince McDonagh reports The figures are stark and speak for themselves – and should worry not just salmon farmers in Norway, but the industry internationally. The Norwegian Veterinary Institute last month…
Read MoreLabel Rouge changes create more opportunity for Scotland’s salmon
Changes to France’s prestigious “Label Rouge” quality mark have been welcomed by Scottish salmon farmers. Industry body Salmon Scotland said the amended rules will help its plans to increase the sales of premium Scottish salmon in France and other European markets. The French quality mark, which comes with a stringent set of standards, has been…
Read MoreLoch Long’s Hawthorn in marathon effort
Loch Long Salmon’s Stewart Hawthorn has run the Boston Marathon, raising funds for an organisation that aims to preserve traditional Gaelic culture. Stirling-based Stewart Hawthorn – Managing Director at Loch Long Salmon – raised over £4,500 for the Gaelic Books Council by completing the 2024 Boston Marathon in three hours, 23 minutes and 22 seconds.…
Read MoreMowi ready for a further green bond issue
Salmon farming giant Mowi is set to raise additional finance through issuing more green bonds, the company announced yesterday. In a stock exchange announcement, Mowi said that it has mandated Danske Bank (Green Bond Advisor), DNB Markets, Nordea and SEB as Global Coordinators and Joint Lead Managers, and ABN AMRO, Crédit Agricole Corporate and Investment…
Read MoreArctic Fish escape investigation reopened after appeal
The Icelandic salmon farmer Arctic Fish is likely to face an investigation into its operations in the Westfjords after all. A decision by the police to drop an inquiry into the accidental release of salmon last year has now been overturned by the Office of Public Prosecutions . The Mowi-owned company experienced the accidental release…
Read MoreGigante confirms new CEO in board shake up
Norwegian land-based salmon farmer Gigante Salmon has a new Chief Executive and has also managed to receive commitment of NOK 120 million (almost £9m) in funding, the company has announced. Gigante Salmon had problems earlier this year, reporting significant mortality with its second smolt batch. In a double Oslo Stock Exchange announcement today, the company…
Read MoreCan you fillet?
Norway’s ban on the export of ‘inferior’ quality salmon is being challenged by the countries who want to process it, reports Vince McDonagh Is Norway heading for a potentially damaging dispute with the European Union (EU) over the sale of production fish? Commonly known as prodfish, this term is mainly given to salmon that have…
Read MoreNothing beats getting together in person
Aquaculture industry companies and suppliers are looking forward to the sector’s biggest trade show in the UK As the UK’s leading trade show for the fish farming industry, Aquaculture UK is keenly anticipated by the organisations taking part – even more so because it only takes place once every two years. Fish Farmer asked some…
Read MoreDNV takes ownership of Ocean Ecology
UK-based consultancy Ocean Ecology is now wholly owned by assurance and risk management provider DNV, following a chain of corporate deals. The move confirms DNV’s control of the UK firm, following DNV’s acquisition of Åkerblå, the previous majority shareholder of Ocean Ecology. Established in 2013, Ocean Ecology is a leading UK provider of marine environmental…
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