News
Young's deal close – reports
THE private equity firm CapVest appears to be closing in on a deal which will reunite it with Grimsby-based Young’s Seafood, according to weekend financial reports. The Mail On Sunday said that talks were at an advanced stage and CapVest was prepared to pay up to £200 million for the UK’s largest seafood producer. The…
Read MoreFish Update Briefing, Friday, October 12
LEROY PREDICTS LOWER Q3 HARVEST LERØY Seafood Group has forecast lower harvest volumes for the third quarter of this year. In its latest trading update, the Norwegian fishing and aquaculture company says it expects harvest volumes for salmon and trout to be 37,22 tonnes for the period between July and September, compared with 46,024 tonnes…
Read MoreGlenmorangie gets oysters growing again
A PROJECT between shellfish specialists and the Glenmorangie whisky distillery aims to recreate native oyster reefs in the Dornoch Firth, fished to extinction more than a century ago. The second phase of the scheme, which began last year, will see 20,000 oysters introduced into the sea near Glenmorangie’s Highland base. It is the first time…
Read MoreManager jobs for fast track trainees
THE first two graduates from a salmon farm management scheme have both started new jobs at Marine Harvest. The young managers, Kendall Hunter, 23, and Benjamin Weis, 27, completed a fast track programme at the company, involving 75 weeks of intensive training, the Press and Journal reported yesterday. They will take up positions as farm…
Read MoreShetland seeks better seafood showcase
PEOPLE in Shetland are being urged to complete a survey on the desirability of a marketplace to better showcase and celebrate local seafood. The study has been initiated by the Shetland Fish Producers’ Organisation (SFPO) and funded by the Shetland Fisheries Local Action Group (FLAG). SFPO policy officer Sheila Keith said: ‘We feel that more…
Read MoreLoch Duart recognised in rural awards
SALMON farmer Loch Duart has been named runner up in the Best Food Business category at the Rural Business Awards North, held in Bolton, Lancashire. The awards, which are supported by online retailer Amazon, celebrate ‘all that is great’ about rural business in the north of the UK, said the organisers. Alban Denton, managing director…
Read MoreNorway salmon tax probe underway
THE Norwegian government has appointed a special committee made up of leading financial and economic experts to work out how the country’s aquaculture industry should be taxed in future years. Finance minister Siv Jensen said the committee will assess how the tax system should be designed to help the community get a share from the…
Read MoreChanges in MH top management team
MARINE Harvest Group has announced changes in its top management team following the decision by long serving executive Marit Solberg to retire. Solberg, who has worked for the company for more than three decades, was COO Farming Canada, Scotland, Ireland and the Faroes. The company has decided to return to its original management team structure…
Read MoreMarine Harvest feeds local job needs
AROUND 60 per cent of the workforce at Marine Harvest’s new feed plant on Skye have been recruited locally, according to the company. Some 37 out of a total of 53 positions have now been filled and another six staff are due to join the team at Kyleakin before the end of the year. While…
Read MoreRAS fault kills 500,000 Inchmore smolts
MARINE Harvest’s new Inchmore hatchery in Glenmoriston, one of the most advanced recirculating aquaculture systems in the world, lost 500,000 smolts in the summer, according to reports last week. The company said a ‘rare fault within the oxygen supply system to the farm’ caused the accident, which occurred in August. ‘We have since repaired and…
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