News
Ice Fish Farm secures long term bank finance
Icelandic salmon farmer Ice Fish Farm has reached a long term agreement with four banks to secure a loan of €156.2m (£138m) to help take the business forward. The company is the main salmon farmer on Iceland’s east coast and the largest in the country in terms of licence potential. The new financing includes a…
Read MoreDevelopment body highlights Blue Economy opportunities
Industries in the “Blue Economy” offer transformational economic opportunities for the Highlands and Islands of Scotland, according to a report published today. Aquaculture, along with marine environmental services and marine renewable energy, is highlighted as one of the key industries for the region in The Blue Economy in the Highlands and Islands, a study commissioned…
Read MoreW&J Knox invests for the future
W&J Knox’s programme of investment and ongoing product development continues apace. In partnership with Garware Technical Fibres, a braided HDPE net has been developed that can be successfully treated with antifoulant. Following on from small-scale trials, Knox is set to coat cage nets with Steen-Hansen antifoulant for a full-scale field trial this spring. Scotland’s largest…
Read MoreOzone solution for RAS
In recirculating aquaculture systems (RAS) with increased stock densities and levels of water reuse, wastes accumulate rapidly. Sophisticated systems are required that can remove both particulate and dissolved organic wastes. Conventional methods, such as microscreen filters and sedimentation tanks, do not remove fine colloidal solids. Today’s protein skimmers with ozone injection, however, have changed the…
Read MoreNew fish carrier spearheading Bakkafrost Scotland’s fightback
Salmon producer Bakkafrost says the arrival of a new wellboat last year is playing a key role in helping it to get on top of biological problems in Scotland. While issues remain, the company is now confident that the Scotland recovery operation will meet with success. Bakkafrost said in its 2022 final quarter report that…
Read MoreISI group posts loss in ‘challenging year’
Iceland Seafood International chief executive, Bjarni Ármannsson, has spoken of a challenging year for the company caused by cost inflation and the impact of war in the Ukraine. ISI’s portfolio includes extensive salmon interests in Spain and Ireland as well as its loss-making UK subsidiary, Grimsby-based Icelandic Seafood UK. ISI put up the latter up…
Read MoreCod farmer Gadus changes name
The Gadus group, one of Norway’s up and coming cod farming companies, has changed its name. It is now called Ode, which it says reflects a new chapter and new direction for the business. The company, which operates from seven sites in Norway, said the ongoing aim is to develop innovative cod-related products for sale…
Read MoreBenchmark Genetics Iceland names new boss
Benchmark Genetics Iceland has named Vaki Aquaculture Systems’ Benedikt Hálfdanarson as its next General Manager. He takes up his new post on 1 March, replacing Jonas Jonasson who is stepping down as CEO. Jonasson will continue as the global Production Director for salmon in Benchmark Genetics, a role in which he has served since 2019.…
Read MoreSalmon Scotland renews call for action on housing
House prices in some remote parts of Scotland have surged at almost double the rate of the national average, and industry body Salmon Scotland has renewed its call for funds to be directed to rural areas to help fix the problem. Registers of Scotland data shows that while house prices across Scotland rose by 89%…
Read MoreFire badly damages Mowi’s new smolt plant in Iceland
Fire has badly damaged an Arctic Fish smolt facility still under construction at Tálknafjördur in the Westfjords region of Iceland yesterday. Company officials are today trying to assess the extent of the impact, which it is thought will be quite extensive. The fire broke out shortly after 9am yesterday, sending clouds of black smoke high…
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