Former Mowi CEO set to join Bakkafrost board

Former Mowi CEO Alf-Helge Aarskog looks set to join the board of Faroes salmon producer Bakkafrost. The notice for Bakkafrost’s annual general meeting, which is due to take place on 30 April, includes his name on the list of directors submitted for election. Apart from Aarskog, all the others are existing board members up for…

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Mowi names new CEO to replace Aarskog

Mowi, the world’s biggest salmon farmer, has appointed Ivan Vindheim as its new CEO, replacing Alf-Helge Aarskog who has held the position for the past 10 years, the company announced this morning. Vindheim, who has been Mowi’s CFO since 2012, takes up the role today. He told Intrafish it would be ‘business as usual’, and…

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Rising sea temperatures hit fish health

Mowi Scotland said several of its farms had been affected by warmer waters, which resulted in higher mortalities in the third quarter of this year. The company, which reported record Q3 harvest volumes earlier today, had to contend with harmful algal blooms related to the above average sea temperatures. Mowi CEO Alf-Helge Aarskog said at…

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Scotland shines through in Mowi Q3 results

Mowi Scotland more than doubled its operating profits and harvest volumes during the third quarter of this year, company Q3 results show today. Mowi’s Scottish division delivered an operational EBIT of 26.2 million euros, compared to €12.3 million for Q3 2018. As reported earlier this month, harvest volume were up by 27 per cent to…

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Trudeau won’t close farms, says Mowi boss

THE re-election of Canadian prime minister Justin Trudeau in yesterday’s elections will not spell the end of net pen farming in British Columbia, according to one of the biggest operators in the region. Trudeau, whose Liberal Party lost the popular vote but secured enough seats to form a minority government, had announced plans to shut…

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Mowi makes impressive debut

A STRONG demand for salmon and higher prices have helped newly branded Mowi make an impressive New Year debut. The company, which has changed its name from Marine Harvest, today reported a 2018 fourth quarter operational EBIT (earnings before interest and tax) of €213 million, up from €181 million for the corresponding period in 2017.…

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