Bakkafrost posts lower Q1 profit

THE Faroese salmon farming group Bakkafrost today announced a first quarter operating profit (EBIT) of 267.7 million Danish kroner (£30.6 million), marginally  lower than the same period 12 months ago. Harvest volumes, however, were up from 12,200 tonnes to 13,700 tonnes this year. The company said that while salmon spot prices had picked up since the…

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Record month for Norwegian salmon

APRIL has proved to be another outstanding month for Norway’s salmon and trout farmers, with exports continuing their relentless and impressive rise. Thanks to strong global demand, sales of salmon hit a record at 86,000 tonnes and were worth NOK 6.2 billion (£540 million), a volume rise of 17 per cent and an increase in value of…

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Brand new look for Scots smoker

LUXURY smoked salmon producer John Ross Jr will reveal its new brand identity and packaging at this year’s Seafood Expo Global in Brussels. In contrast to the black and gold packaging that the award winning smokehouse claims has been widely copied by other producers, John Ross has introduced a contemporary white design. This, said the…

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Brussels launch for logistics firm

A NEW seafood logistics company is to be launched at Seafood Expo Global in Brussels this week, offering Scottish fish and shellfish processors an overnight distribution service to mainland Europe. Irish seafood haulier O’Toole Transport and Luxembourg based refrigerated distribution specialist John Driege have joined forces to create JDOT Logistics, which will be based at…

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Scottish seafood’s blueprint for growth

SCOTLAND’S seafood industry has launched a growth blueprint that includes strategies for better marketing, access to funding, improving skills and building processing capacity. The 18-point ‘action plan’ has been launched on the eve of the world’s biggest seafood show, beginning in Brussels on Tuesday, with Scottish companies and seafood representatives expected to be out in…

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Mowi may move processing to Skye

MOWI has a ‘once in a lifetime’ opportunity to build a state-of-the-art fish processing facility in Scotland, according to managing director Ben Hadfield. The preferred option is to construct a new factory on Skye, on the site of the company’s new feed plant in Kyleakin. With bumper harvests expected this year and a long-term strategy…

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Japanese giant buys Grimsby processor

THE Japanese seafood giant Nissui has acquired a controlling interest in Flatfish, the award winning Grimsby based fish processing business. Nissui is a worldwide leader in fish, particularly farmed salmon, with operations in Chile, where it owns a salmon and trout aquaculture business. It also has extensive interests in the United States, and in Europe…

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Devon chippy crowned Britain's best

LOVERS of fish and chips will have to travel to Devon if they want to sample the best Britain has to offer. Krispies Fish & Chips, from the coastal resort of Exmouth, has been crowned the UK’s best fish and chip outlet after winning the National Fish & Chip Awards 2019. Owned and operated by…

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Staff shortages force move to Vietnam

A DEVON seafood firm is to send shellfish more than 8,000 miles to Vietnam for processing because it cannot find enough staff to do the job locally. The Blue Seafood Company, based in Paignton, near Torquay, and which proudly describes itself as the ‘home of Devon crab’, has said that if the experiment works out,…

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Iceland fish firm’s profits down

HB Grandi, Iceland’s second largest fishing and fish processing company, has announced reduced revenues and operating profits for the first nine months of this year. Income for the period totalled €149.2 million (£132.7 million) compared to €158 million (£141 million) in the previous year. The EBITDA was €24.1 million (£21.4 million), which represents about 16.2…

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