NEWS
OTAQ looks to raise up to £2m in loan capital
Marine technology business OTAQ is planning to raise between £1.5m and £2m through an issue of convertible loan notes. The announcement comes alongside the company’s latest trading update, which reports...
Warmer Waters
Our roundup this month covers thermal stress, a mystery parasite and why your sunscreen might be bad for marine life Climate change is making our seas warmer. This much is...
Lerøy escape numbers far less than feared
The number of fish that escaped from a Lerøy Midt salmon farm in Norway is estimated to be considerably less than first thought. Reports earlier this week suggested that 14,000...
Feed joint venture to spend £70m on ‘green’ vessels
Two ultra-modern vessels have been commissioned for the Norwegian feed transport company Fjordfrende, which is jointly owned by Skretting and Cargill. The boats are due to be delivered in 2026...
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Grieg Q1 profits hit by biological problems
Norwegian and Canadian salmon farmer Grieg Seafood has reported a near £7m drop in operating profits for 2023. They were pushed down in large part by serious biological problems in...
Former Wester Ross MD, Bakkafrost and Mowi among the winners in Aviemore
Gilpin Bradley, the former Wester Ross Fisheries Managing Director, has been honoured at the Aquaculture Awards 2024 for his outstanding contribution to the industry. The Outstanding Contribution award was sponsored...
Leading politicians back aquaculture’s future
Politicians from two parties have voiced their support for Scotland’s salmon sector at the Aquaculture UK trade show this week. Scottish Labour Leader Anas Sarwar and the SNP’s Employment and...
WiSA in search for new supporter
A ground-breaking Scottish organisation set up to encourage and develop women in the aquaculture sector is looking for a lifeline after its founding body has had to step back. Women...
Young's eyes China amid sale speculation
YOUNG\'S Seafood is looking to China and Europe as its next move on the international stage, its CEO has confirmed. As products from the Grimsby and Scottish based business began to make their debut...
Search for fishermen scaled back
THE search for two missing fishermen feared lost when their boat sank in Loch Fyne on Thursday evening has been scaled back, mainly due to bad weather. Reports suggest the missing...
Feed main driver in salmon costs
PRODUCTION costs for Norway\'s aquaculture industry rose by 50 per cent in the four years between 2012 and 2016, reports Nofima, Norway\'s Institute of Food, Fisheries and Aquaculture Research. And...
Aquaculture debate goes nationwide
NORWAY\'S ongoing debate about how plans for huge future growth in aquaculture should be managed has taken on a nationwide focus. During the last few days and into this week, more...
