Statt Torsk losses continue to rise despite revenue growth

Cod farmer Statt Torsk, which is merging with the whitefish producer Vesterålen Havbruk, has reported a more than fourfold increase in its third quarter turnover, but the company continues to be loss-making. Revenues increased from NOK 3.2m (£235,000) a year ago to NOK 14.1m (just over £1m) this time. This improvement did not, however, prevent…

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WellFish hires Braceland for North America role

WellFish Tech, the aquaculture clinical biochemistry specialist, has continued its expansion by hiring Mark Braceland as its North America Director. The company said this appointment will allow WellFish to better serve the North American market with its non-lethal health and welfare monitoring services. Mark Braceland, originally from the west of Scotland, has experience in the…

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Better days ahead, says Atlantic Sapphire

The Florida-based salmon company Atlantic Sapphire is looking to an improved performance in 2024 following the problems it experienced this year with high water temperatures. In a third quarter operational update, the RAS (recirculating aquaculture systems) producer said it expects to reach an EBITDA (earnings before interest tax depreciation and amortisation) break-even point by next…

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Mowi feed plant hit by dust gas blast

An explosion has seriously damaged a Mowi feed factory in Norway causing considerable damage to the top of the building. Fortunately, no-one was injured and the site, which opened nine years ago, has now been evacuated. The incident took place in the Ørland municipality in the Trondelag region. Local news site VG.no reports that there…

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Norwegian salmon exports break NOK 100bn barrier

The value of Norwegian salmon exports has now passed the NOK 100 billion (£7.4 bn) mark in 2023, which was the figure for all the country’s overseas seafood sales only four years ago. Commenting on the October results, Christian Chramer, CEO of the country’s Seafood Council said that once again high salmon prices and a…

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Scottish salmon industry records big fall in antibiotics use

Scotland’s salmon farming companies have dramatically reduced antibiotic medicine use by more than half in the space of a year, UK Government figures show. The new Veterinary Medicines Directorate’s Veterinary Antimicrobial Resistance and Sales Surveillance (VARSS) report shows that 2022 usage of antibiotics in salmon was 18.6 mg/kg, down 24.5 mg/kg since 2021. The amount…

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Seawork celebrates its 25th anniversary in 2024!

Seawork has gone from strength to strength since its creation in 1998, and the show is now celebrating its 25th anniversary. The first edition of Seawork, the leading commercial marine and workboat exhibition, was held in Southampton in 1998. The Port of Southampton has hosted the event ever since, originally at the QE11 Cruise Terminal,…

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Salmon farmers on alert for deadly jellyfish

A warning has gone out about the appearance of a particularly vicious type of jellyfish along the Norwegian coast which can have a devastating effect on salmon. Called Perlesnormanet (Pearl Norman, Latin name Apolemia uvaria), it has led to the mass death of salmon in the past. According to the Norwegian Marine Research Institute there…

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Salmon Evolution achieves ASC certification

Land-based fish farmer salmon Salmon Evolution ASA has achieved Aquaculture Stewardship Council (ASC) certification for its north Norwegian facility at Indre Harøy. The company described the award as a “significant achievement towards responsible and sustainable salmon production”. It says the certification was achieved after only 18 months of operation at the facility. Salmon Evolution CEO…

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Cooke’s deal to buy Nueva Pescanova falls through

Canadian-owned seafood group Cooke has pulled out of a deal to acquire Spanish processing and fisheries business Nueva Pescanova. The Spanish group’s bank and owner, ABANCA, announced yesterday that the talks had ended by mutual consent. ABANCA said: “After a few months of negotiations in the search for an industrial partner, ABANCA has decided to…

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