News
Damen delivers Multi Cat to Inverlussa
The Netherlands based Damen Shipyards Group has completed the handover of a Multi Cat 1908 named Patricia Matheson to Inverlussa Marine Services. The company, based on the Isle of Mull, Scotland, will operate the vessel in the aquaculture industry. Inverlussa Marine Service is one of Scotland’s leading workboat companies, supplying vessels to service contracts for,…
Read MoreAKVA Group reports \’stable\’ Q1 outlook
The AKVA Group declared a ‘stable’ outlook in its Q1 results for 2020, which have just been published. The group delivered revenue for Q1 of 752 MNOK (about £57 Million), down 12% from Q1 2019. EBITDA decreased from 97 MNOK in Q1 2019 to 86 MNOK in Q1 2020. The Net Profit decreased from 36…
Read MoreAKVA Group reports \’stable\’ Q1 outlook
The AKVA Group declared a ‘stable’ outlook in its Q1 results for 2020, which have just been published. The group delivered revenue for Q1 of 752 MNOK (about £57 Million), down 12% from Q1 2019. EBITDA decreased from 97 MNOK in Q1 2019 to 86 MNOK in Q1 2020. The Net Profit decreased from 36…
Read MoreBioMar has China in their hands
The BioMar-Tongwei Joint Venture partnership has now begun commercial production of aqua feeds in their new factory based in Wuxi, China. The new facility has already proven to deliver high and consistent quality making it possible to transfer production of high-end aqua feeds for China that were previously produced in Denmark. The green field factory…
Read MoreSSC first to claim BAP certification
The Scottish Salmon Company (SSC) has become the first salmon producer in Europe to be recognised with a 4-star ‘Best Aquaculture Practices’ (BAP) certification. The prestigious certification is a reflection of SSC’s commitment to Scottish provenance and sustainability, using the very best practices at each stage of the supply chain to consistently deliver the highest…
Read MoreBioMar starts production at Tasmanian feed facility
BioMar Australia have commenced aqua-feed production at their state-of-the-art 40 million euro facility in Tasmania, Australia, which is welcome news for the local aquaculture industry at a time when many businesses are facing COVID-19 operating restrictions. In a virtual media conference to comply with social distancing requirements, Minster for Primary Industries and Water Guy Barnett…
Read MoreGrieg Shetland sees harvest and prices increase
GRIEG Seafood has reported good price achievement at its Shetland operation during the start of this year. Announcing its 2020 first quarter results today, Shetland produced a harvest of 2,047 tonnes, up from 1,788 tonnes a year ago. And it achieved an EBIT or operational profit per kilogramme of NOK 6.80 compared with a LOSS…
Read MoreSeafood Scotland sends plea to UK retailers
Seafood Scotland, on behalf of the Scottish seafood sector, has written to the chief executives of the main UK supermarket retailers, urging them to reopen their fresh fish counters. With international markets closed off, and the UK restaurant/catering sector largely shut down, the entire sector is relying on retail for survival, but most of the…
Read MoreNorwegian exports down after 18 months growth
NORWEGIAN seafood exports fell last month for the first time in 18 months, reflecting the damaging impact Covid-19 is having on the industry. However, figures from the Norwegian Seafood Council (NSC) today show that the salmon sector is showing a lot of resilience in finding new markets as traditional outlets shrink. Overall seafood exports including…
Read MoreMasked gunmen burn down Cermaq offices
The offices of Cermaq Chile have been burned to the ground in an arson attack after four armed intruders raided the Coipue site in the country’s La Araucania region, reports cooperative.cl. The masked gunmen set fire to the premises before firing off ten rounds of bullets at the site. They left behind pamphlets protesting against…
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