News
Sagging krone further boosts Norway’s salmon exports
Norway’s seafood exports for November totalled NOK 16.7 billion (£1.2bn), 17% up on November last year. Again farmed salmon was the main driver in this seemingly never-ending overseas sales surge. So far this year, Norway has exported seafood worth NOK 158.2 billion (£11.5bn) 15% up over the same period in 2022. The decline in the value…
Read MoreBjörk’s new song will help to fight salmon farming
Björk, Iceland’s best known international pop star, has continued her campaign against salmon farming in her country by dedicating her latest song to the cause. Working once again with the Spanish singer Rosalia, she said all the proceeds would go towards the fight against fish farming and open pen farming in particular. Björk has accused…
Read MoreArctic Fish opens new slaughterhouse
Arctic Fish’s new slaughterhouse in the north-west of Iceland opened last week in a ceremony watched by a crowd of more than 500 people. The Mayor of Bolungarvik, Jón Páll Hreinsson described the facility which is based near Drimla as “world-class”. He told the regional website bb.is it was one of the biggest investments in business…
Read MoreBoost for salmon in new Norway-EU deal
Norway and the EU have signed a new seafood deal which is expected to lead to an increase in salmon trade. Much of the deal simply confirms a continuation of the current arrangement, but the big winners are likely to be Norway’s salmon farmers. Norway’s new Fisheries Minister Cecilie Myrseth said that the EU remains her…
Read MoreAndfjord Salmon completes first harvest
Norwegian land based fish farmer company Andfjord Salmon has carried out its first slaughter but, like many young salmon businesses, it is still finding that profits remain elusive. The company has achieved a third quarter operating income of NOK 27.7m (around £2m) but has reported a loss of NOK 28.2m or just over £2m) against…
Read MoreMowi wins planning approval for Kilbrannan Sound farm
Mowi Scotland has secured planning approval for a new salmon farm off the coast of Kintyre, on Scotland’s west coast. The farm, at Kilbrannan Sound, is expected to create 10 permanent jobs and is also linked to a major investment by Mowi in the local community harbour in Carradale. The company’s investment will see the…
Read MoreSalMar loses salmon in jellyfish attack
Around a million young salmon have been lost at a SalMar site in Senja, Norway during a jellyfish incident, it has been disclosed. SalMar said in a statement last night that in mid-November its fish farmers at the location Ørnfjordbotn in Senja observed a significant and threatening influx of (what are known in Norway as)…
Read MoreOcean Ecology acquires Tritonia Scientific
Marine environmental services business Ocean Ecology Limited (OEL) has taken a controlling stake in underwater survey specialist Tritonia Scientific. The move follows OEL’s acquisition of marine tech company Ecospan Environmental last year. Tritonia’s key technology involves using georeferenced 3D photogrammetry (G3DP) to evaluate hard substrates beneath and around fish farm sites. G3DP also serves as…
Read MoreYoung’s profits hit by inflation
Inflation took a big chunk out of the profits of Young’s Seafood last year, the company’s latest accounts show. Turnover increased substantially during the 52 week period ended 27 March 2023, with Young’s recording £625.9m, compared with £552m for the equivalent period in 2022 (although the latter covered just 51 weeks). Profit after tax, however, was just £4.7m against…
Read MoreProducers must do better, says welfare group
Animal welfare campaign group Compassion in World Farming has published a “scorecard” rating the major salmon farmers on their performance – and it argues there is still “a long way to go”. The Scorecard has evaluated the public policies of eight salmon producers, representing more than 50% of worldwide salmon production, in terms of their…
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