News
BREAKING NEWS – Kingfish raises €32m to wrap up Dutch expansion
Land based fish farmer the Kingfish Company announced today it has successfully raised €32m euros (£27.4m) through a convertible loan. The funds will partly be used to complete the expansion of the group’s facility in the Netherlands. The yellowtail kingfish producer said it had received significant support and interest from both existing shareholders and new…
Read MoreBakkafrost Scotland improvement continued during second quarter
Bakkafrost Scotland produced an increased harvest during the second quarter of this year, a trading update from the company shows. But Bakkafrost’s output from the Faroe Islands during the period was considerably lower, says the company. In Q2 (April-June) Farming Scotland produced 7,300 tonnes against 6,600 tonnes in Q2 of last year which is in…
Read MoreWho is regulating the regulators?
There is a worrying lack of communication and trust in the way the fish farming sector is regulated, according to Salmon Scotland Chief Executive Tavish Scott. Read his article in the July issue of Fish Farmer, available here to view online or download.
Read MoreNorcod to receive NOK 50m extra credit facility
Norwegian whitefish farmer Norcod has been granted additional credit worth NOK 50m (£3.7m) which it says will give it more financial and operational headroom. The credit facility has come from Export Finance Norway and comes on top of NOK 480m (£35m) granted a few weeks ago. Norcod is the country’s leading cod farmer and while…
Read MoreBakkafrost reaffirms support for Highland Games event
Leading Scottish salmon producer Bakkafrost Scotland has renewed its sponsorship of community event the Lochcarron Highland Games for the fifth consecutive year. Known as the “Friendly Games”, this year’s event is the 43rd in the series, and will be staged at Attadale Gardens in Wester Ross, Scotland on Saturday 15 July. People from all over…
Read MoreAutonomous feed ship completes 160 mile voyage
An aquafeed vessel has recently completed a 160 nautical mile fully autonomous voyage to an offshore fish farm in Norway. The Eidsvaag Pioner supply ship (pictured) is one of two craft specially equipped with a range of Kongsberg Maritime technologies with a remote operation systems as part of Autoship, a four-year project funded by the European Union’s…
Read MorePlan for salmon tax price council under fire
The Norwegian government is planning to create an independent council to determine the price of salmon when calculating the new ground rent tax, it has emerged. But the idea is being opposed by the country’s salmon industry which says tax rates should be based on the actual price achieved rather than a figure arrived at…
Read MoreSeagriculture EU 2023 attracts record numbers
Seagriculture EU 2023, the leading conference for the seaweed industry, has been hailed as a resounding success. The conference took place from 21-22 June 2023, bringing together industry professionals, researchers, policymakers, and entrepreneurs from around the world. Hosted in Trondheim, Norway, the event showcased the immense potential of seaweed as a sustainable resource and explored…
Read MoreGSA Processing Standard 6.0 out for consultation
A revised version of the Global Seafood Alliance (GSA) Processing Standard has been released for public consultation. Seafood Processing Standard (SPS) Issue 6.0 has been restructured to include a core set of requirements for all processing plants, with separate modules to accommodate production processes that may not occur at every processing facility. With this new…
Read MoreNorway hit by high number of ISA incidents in June
Grieg Seafood is reported to be preparing to slaughter thousands of fish after infectious salmon anaemia (ISA) was confirmed at one of its sites. This is at least the sixth or seventh case of ISA or suspected ISA along the Norwegian coastline so far this month. Incidents have been running at one every four to…
Read More