NEWS
Princess Royal to open Seawork trade show
HRH The Princess Royal will officially open the Seawork trade show and conference on Tuesday 11 June 2024, marking the 25th edition of Europe’s leading commercial marine exhibition. The Princess...
US seafood industry calls for aquaculture funding
US lobby group Stronger America Through Seafood (SATS) is officially requesting that funding for offshore aquaculture be approved by Congress. SATS has submitted a letter to the Chair of the...
Mowi raises millions in green bonds issue
Salmon giant Mowi has successfully raised around £255m (€298m/NOK 3.5bn) in green bonds. Mowi said green bond finance will be used for sustainable and environmentally friendly projects as defined by...
Spike in demand
Sea cucumbers may not look too appetising to the Western consumer, but their potential in the export market is huge, Robert Outram finds In a series of man-made lagoons in...
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EU seafood groups join forces at Barcelona
Five major trade organisations representing European aquaculture, fishing and seafood processing have come together in a new strategic alliance. Their aim is to get Europeans to eat – and produce...
Flesh eating cod bug found off Norway
A new parasite which turns fish flesh into a slimy jelly has been found in cod off the Norwegian coast. So far it does not appear to have affected the...
Loch Duart says new feed has improved fish health and cut carbon emissions
Independent salmon farmer Loch Duart says its switch a year ago to BioMar’s Blue Impact feed has reduced its carbon footprint, improved health for the stock and reduced natural impurities...
Breaking news: Mowi loses first round in tax case
Mowi has lost the first round of a court battle against Norway’s “salmon tax”. A court in Hordaland, Norway has rejected the company’s lawsuit against the tax, also known as...
Cermaq warns of salmon tax consequences
A senior Cermaq executive has spelt out a number of likely consequences if the Norwegian government decides to implement its salmon tax without changes. Lars Galtung, head of sustainability and...
Icelandic Salmon sees big jump in profit and revenue
Icelandic Salmon, the parent company of Arnarlax, has announced a big increase in its 2022 final quarter operating income, which was up by almost €16m year on year, to €51.7m...
Chilean salmon farmer in debt default
The large Chilean salmon company Nova Austral has admitted it is in debt default after grappling with various financial problems. So far, a plea for patience from bondholders has met...
Norcod yet to find profit as sales hold steady
Norwegian cod farmer Norcod has reported 2022 fourth quarter sales of NOK 51.48m (£4.1m), almost the same as for Q4 2021. The operating loss before fair value adjustment for the...
