Algae outbreak dents NRS profits

BIOLOGICAL issues such as the algae bloom outbreak last May have hit the second quarter profit and earnings of Norway Royal Salmon, figures show today. The company has reported an operating profit of NOK 116 million (£10.5 million) compared to NOK 181 million (£16.4 million) for Q2 last year. The profit after tax was NOK…

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Don’t stress our fish, campaigners told

SALMON farmers have urged anti-aquaculture campaigners to find peaceful ways to voice their objections to the sector ahead of a planned stunt at west coast sites this weekend. Scottish Sea Farms said the proposed water based protest, which calls for swimmers, kayakers and boat operators to congregate uninvited at salmon farms, was dangerous to farm…

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Record numbers at new look Aqua Nor

THERE were a record number of visitors at the Aqua Nor show, held last week in Trondheim, the organisers have confirmed. More than 28,000 people from 74 countries attended the four-day exhibition, the world\’s leading aquaculture fair, which featured almost 700 exhibitors – another record – and a brand new main hall. The breakdown of…

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SalMar earns lower profits from Scotland

SALMON farming giants SalMar posted impressive second quarter operating profits of almost a billion kroner, but there were lacklustre results from its Scottish Sea Farms business which it shares with Lerøy Seafood. Scottish Sea Farms (SSF), or Norskott Havbruk as it is called in Norway, generated operating revenues of NOK 407.4 million (£37 million) during…

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Scotland must get act together say prize winning pioneers

THE team behind the Scottish invention CleanTreat, which won the much prized Aqua Nor Innovation Award this week, have held high level talks to facilitate trials of the system in Scotland. So far, the breakthrough sea lice treatment system, which cleanses treatment water after delousing in well boats, has only been trialled in Norway. It…

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Russians buy Norwegian de-licing technology

THE development of salmon farming in Russia continues with the purchase by the country’s largest farmed salmon producer of a de-licing boat from Norway. Russian Aquaculture, which farms 20,000 tonnes a year at seven sites in Murmansk, has bought the four-line de-licing barge Enabler One from FSV Group. The latest FLS de-licing technology is supplied…

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Mowi reports major Q2 progress in Scotland

AS Mowi today announced its ‘best ever’ second quarter results, the world’s largest salmon farmer also reported major progress at its Scottish operations in both harvest output and earnings. Globally, Mowi achieved an operational EBIT of 211 million euros, compared with €175 million for the same quarter last year, but Scotland contributed almost a fifth…

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Record Aqua Nor marks its 40th anniversary

THE opening day of Aqua Nor 2019 attracted nearly 7,000 visitors, an increase on the first day attendance two years ago at the biennial exhibition. Some 6,952 visitors from 59 countries were registered yesterday, and record numbers are expected during the course of the four-day show. With a brand new hall at the Trondheim Spektrum,…

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Algae outbreak hits Lerøy Q2 results

THE Lerøy Seafood Group, co-owners of Scottish Sea Farms, today announced higher earnings, but lower profits for the 2019 second quarter period . Revenues were up six per cent and  totalled NOK 5,340 million, compared to NOK 5,042 million for the same period in 2018. Operating profit (EBIT) before fair value adjustment related to biological assets came out at NOK 774 million,…

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Grieg hints at sale of Skye farms

The Grieg Seafood Group may sell its five fish farms on Skye, the company indicated in a surprise statement today. Announcing  a review with its second quarter results, CEO Andreas Kvame said: ‘While we still have some challenges related to gill disease and algae in Shetland, the biological condition is improving. ‘We continue to work systematically…

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