Salmon prices keep rolling upwards
There appears to be no end to the phenomenal rise in Norwegian fresh salmon prices, according to the latest data. After a brief lull last week (week 10) when they […] Continue Reading
Fish health challenges hit Mowi’s Scottish operation
Mowi’s Scotland business endured a challenging year in 2022, the company has disclosed in its annual report published today. The problems mainly centred around poor production and high mortality on […] Continue Reading
Mowi posts record profits despite cost pressure
Mowi turned in a record performance last year with an operational EBIT of just over €1bn (£883m), but cost inflation continues to cast a shadow over the salmon farming industry. […] Continue Reading
Atlantic Sapphire raises $55m in share issue
Florida salmon farmer Atlantic Sapphire has raised the equivalent of US $55m through a private placement on the Oslo Stock Exchange. The placement involved the sale of 199 million new […] Continue Reading
AquaGen reports large profit rise
Aquaculture broodstock group AquaGen saw its pre-tax profits almost double over the past year, the company has reported. AquaGen is based in Norway, but has overseas offices in Stirling, Scotland […] Continue Reading
Kingfish Company saw sales jump by a third for Q4
Land-based aquaculture group The Kingfish Company has reported its highest ever sales figures. Its report for the final quarter of 2022 shows that revenue reached €50m (£44m), up by 34% […] Continue Reading
NTS rebels secure delisting postponement
SalMar’s year-long battle for full control of the NTS aquaculture group has taken yet another twist. NTS shareholder Hans Martin Storø has called for the delisting of the company from the Oslo […] Continue Reading
Mowi seals Arctic Fish deal
Mowi has completed its deal to buy a majority stake in the Icelandic salmon farmer Arctic Fish. The Norwegian-based company is investing more than £150m to acquire just over 51% […] Continue Reading
Son of Samherji’s CEO buys overseas division
The European and North American operations of Samherji, Iceland’s largest integrated seafood group, have been acquired by a company run by the son of the group’s Chief Executive Officer. A […] Continue Reading