News
French team visit Scotland to secure seafood route
A DELEGATION from the French port of Boulogne sur Mer was in Scotland last week to further plans for the frictionless transport of seafood into Europe post Brexit. The trip, which included logistic specialists, seafood buyers and the economic development team of Boulogne sur Mer, is the third in a series of visits, led by…
Read MoreRussian salmon set for global expansion
FISH farming in Russia is growing rapidly – and in one of the most sensitive parts of the world. Salmon and trout farms are springing up around the nuclear submarine and missile bases on the Kola Peninsula, next door to Norway. Ilja Sosnov, director of the biggest salmon company, Russian Aquaculture, has said that the…
Read MoreNew role for Scottish Sea Farms’ pioneer
LEADING salmon sector figure John Rea, Scottish Sea Farms’ long-standing production director, is to leave the company to focus on a new career in coaching and training. Rea, who has been in his role for 22 years, is to step down in early 2020. He plans to build on his experience nurturing and mentoring the…
Read MoreNesvik demands action as salmon escapes double
NORWAY’S seafood minister Harald T. Nesvik has called the fish farming industry to an urgent meeting after it was disclosed that more than 284,000 salmon have escaped from Norwegian fish farms so far this year, close to double the figure for 2018. The revelation, by the national broadcaster NRK, has sparked a major debate in…
Read MoreAsda launches digital farmed seafood map
ASDA has become the latest major UK retailer to launch a digital seafood map setting out the complete supply chain of both the farmed and wild caught fish it sells in its stores. The map was published this week on the supermarket’s Ocean Disclosure Project (ODP) profile, which publishes the latest information on production methods,…
Read MoreHigh investor praise for Scottish Salmon Company
THE Scottish Salmon Company, now thought to be mulling over possible sale offers, has been described by a highly respected investor advice organisation as a company with a flawless balance sheet and high growth potential. Simply Wall St and its team specialises in turning complicated financial information into easy-to-understand language and has told potential investors…
Read MoreCooke buys Skretting’s UK feed plant
CANADIAN owned salmon farmer Cooke has bought Skretting’s Scottish feed mill in Invergordon, which ceased production in April this year. New Brunswick based Cooke announced today the establishment of Northeast Nutrition Scotland at the Easter Ross site. Skretting, owned by Nutreco, said last year that the decision to close its UK operation was due to…
Read MoreMinister vows to tackle fish farm licence delay
SCOTLAND’S Rural Economy Minister suggested yesterday that he would intervene to accelerate fish farmers’ licence applications. The current licensing system is a blockage to expansion that needs to be tackled head on, said Fergus Ewing, addressing the British Trout Association’s annual conference, held over two days in Stirling. The minister expressed his frustration over what…
Read More‘Gentle solution’ for new concept wellboat
A NEW wellboat, being billed as the world’s biggest and currently under construction in Turkey, is to be fitted with a Cflow fish handling system, it was announced today. The wellboat, commissioned by Norwegian firm Frøy Rederi and being built at Sefine Shipyards in Turkey, which is also Cflow’s contracting party, will be 83.72m long,…
Read MorePrice slump hits Norwegian salmon companies
THE stock market value of Norway’s main fish farming companies has suffered unusually large falls over the past week as the spot price of salmon continues to drop back. The combined worth, which included such giants as Mowi, SalMar and Lerøy, was down by 14 billion kroner (£1.2 billion) at one point, although the market did…
Read More