News
Marine Harvest in name change
MARINE Harvest is changing its name after more than 50 years. The world’s largest salmon farming company will re-launch with a new global brand called Mowi from the start of 2019. Ironically, it was the name the business had when it first started out. The company said Mowi is strongly rooted in its history. ‘The…
Read MoreHave your say on SEPA plans
THE Scottish Environment Protection Agency (SEPA) is launching a series of consultation sessions this week over new proposals to tighten the environmental monitoring of fish farms. The agency published its draft Finfish Aquaculture Sector Plan last week, outlining stricter standards for the organic waste deposited by fish farms, and the introduction of more accurate modelling.…
Read MoreCod prices continue to rise
THE price of cod is continuing its relentless rise, the latest statistics from Norway show. The country exported 1,600 tonnes of fresh cod, including fillets, worth 73 million kroners (£6.7 million) last month, a volume decline of 26 per cent, but the value was only down by 20 per cent. Denmark and Sweden were the…
Read More‘Unique’ trawler blueprint unveiled
A NORWEGIAN ship design and building company has unveiled a blueprint for a new series of trawlers which are thought to be the near ultimate in sustainable fishing. The company, Ulstein, said its goal includes gentler handling of fish at sea and the introduction of more environmentally friendly innovations. It has been working closely on…
Read MoreFish Update Briefing, Friday, November 9
ALBATROSS WEAPON AGAINST ILLEGAL FISHING THE French navy has begun to use albatrosses to help detect illegal fishing, working on the old belief that the birds will always follow trawlers. About 250 albatrosses are being equipped with tiny transceivers that will pick up trawlers\’ radar signals. Their locations will be transmitted to the warships, which…
Read MoreAfrican aquaculture opens new Chapter
THE formation of the African Chapter of the World Aquaculture Society (WAS) was officially completed this week. Its remit is to operate throughout the continent and promote the growth of the industry. The Danish owned feed company Aller Aqua, which has a significant presence in Africa, announced it would sponsor the new African Chapter for…
Read MoreStrong Q3 results from SalMar
THE fast growing Norwegian fish farmer SalMar delivered a strong performance in the third quarter of 2018, driven by cost improvements and good prices. The operational EBIT for the quarter totalled NOK 939.1 million, up from NOK 801.3 million in the same period last year. The group harvested a total of 36,100 tonnes in the…
Read MoreLower harvests hit Leroy Q3 profits
LERØY Seafood, the combined salmon farming and fishing group, today announced an operating profit (EBIT) of 660 million Norwegian kroners (NOK) for the third quarter of 2018, down by almost 200 million on the same period last year. The decline, said the company, which owns 50 per cent of Scottish Sea Farms, is mainly due…
Read MoreGlobal roll-out of land based salmon
PLANS to establish land based salmon farms across the world have been launched by Pure Salmon, an enterprise set up by finance company 8F Asset Management, using RAS (recirculating aquaculture systems) technology pioneered by Israeli specialist AquaMaof. Pure Salmon said its goal was to produce 260,000 tonnes of salmon a year in facilities that are…
Read MoreYoung's ‘in talks with Norwegian salmon supplier’
YOUNG’S has remained silent on reports from Norway that it is negotiating a large scale deal with a well known Nordic supplier to buy salmon and white fish. The industry website ilaks.no said that representatives from the Norwegian Fish Company had visited a number of seafood companies in the UK recently, including the Young’s head…
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