News
Salmon farms are the victim of wild claims and myths
PANORAMA used to be the ‘window on the world’, where Richard Dimbleby, the father of current affairs television, established the standards of BBC excellence. What would he have made of Monday night’s ‘expose’ on salmon farming in Scotland, a programme that came up with a title and then set out to prove its premise without…
Read MoreMajor algae outbreak hits Norwegian farms
THOUSANDS of tonnes of farmed salmon have died following a large algae outbreak off the north coast of Norway. A significant area in the fjords between the regions of Troms and Nordland have suffered an acute growth of the bloom and the fear is that it may spread to other important salmon farming areas. Losses…
Read MoreFish inflation hits Young\’s profits
THE rising cost of fish – both wild caught and farmed – appears to have hit the profits of Young’s, Britain’s largest seafood company. The Grimsby based business today reported second quarter (January 1 to March 30) turnover of £134.2 million, down by just over £2 million on the same period last year. The EBITDA…
Read MoreFish inflation hits Young\’s profits
THE rising cost of fish – both wild caught and farmed – appears to have hit the profits of Young’s, Britain’s largest seafood company. The Grimsby based business today reported second quarter (January 1 to March 30) turnover of £134.2 million, down by just over £2 million on the same period last year. The EBITDA…
Read MoreProject unlocks lobster rearing potential
A PIONEERING project rearing lobsters in new sea based systems has shown great potential, say the partners involved. Led by the National Lobster Hatchery (NLH) in Padstow, Cornwall, the three-year initiative – named Lobster Grower 2 (LG2) – used sea based container culture systems, which required no feed inputs. More than 26,000 lobsters were deployed…
Read MoreNRS profits drop despite higher revenues
DESPITE a near seven per cent increase in operating revenues for the first quarter of 2019, the fish farmer Norway Royal Salmon took a big knock on its operating profits or EBIT, its figures show today. Revenue rose from NOK 1,391.8 million a year ago to NOK 1,486 million this year, an increase of 6.8…
Read MoreGrieg catching up with big players
GRIEG Seafood is no longer swimming in the shadow of the big salmon farming players on financial markets, a leading industry observer has suggested. Tore Tønseth, a seafood analyst at the investment organisation Spare-Bank 1 Markets, said that so far this year the value of the company’s shares on the Oslo Stock Exchange had risen…
Read MoreSeafood expert is new Loch Duart chair
SCOTTISH salmon farmer Loch Duart has appointed a new chairman with a background in the seafood sector. Alistair Erskine was the owner of the Edinburgh Salmon Company and has also managed J W Seafoods, Allen & Dey (seafood processors) and salmon farming company, Highland Fish Farmers. He takes over from Dr Andrew Barbour, who has…
Read MoreSSPO hits back at ‘sensationalist’ Panorama
THE Scottish Salmon Producers Organisation has hit back at the BBC for sensationalising the operations of the salmon farming industry. SSPO chief executive Julie Hesketh-Laird, who was interviewed for a half-hour Panorama show, broadcast last night, said no specific allegations had been made about any SSPO company during her meetings with the BBC team. Panorama…
Read MoreMowi rejects BBC’s medicine claims
SCOTLAND’S biggest salmon farmer, Mowi, has rejected claims being made in a BBC programme that it was subject to unannounced visits by Scotland’s environmental watchdog. The makers of Panorama issued a press release this afternoon saying the programme ‘reveals multiple Scottish salmon farming companies’ are under investigation for possible misreporting of chemical use. However, Mowi,…
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