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News

Study finds shortcomings in handling algae attack

THE economic and social impact of the algae outbreak which hit two important Norwegian salmon farming areas last May was more severe than first thought, a report has suggested. It also […] Continue Reading

News

Norway spells out algae loss recompense

NORWAY’S Directorate of Fisheries has laid out details of the compensation it is planning to give those fish farming companies who lost at least 720 million kroner – or £60 […] Continue Reading

News

Wester Ross positive despite profit fall

WESTER Ross Fisheries, the independently owned salmon farming company, has reported a fall in profits and turnover for 2018, according to figures just posted with Companies House. No reason was […] Continue Reading

Health

Norway to help its algae hit salmon farmers

NORWEGIAN salmon farmers hit by last month’s algae outbreak are to be allowed to increase production beyond their permitted licence limits to help compensate for heavy losses. Several companies in […] Continue Reading

Health

Nordlaks reports pre-tax profits of £110 million

THE Nordlaks group which was badly hit by the algae outbreak last month today announced pre-tax profits of 1.2 billion kroner, or around £110 million, on a turnover of NOK […] Continue Reading

News

Lower prices stall Norway salmon exports

EXPORTS of Norwegian salmon showed a modest increase last month despite the serious algae outbreak in two important fish farming regions. The country sold 91,000 tonnes of salmon during May […] Continue Reading

Health

Lay-offs ‘inevitable’ in algae crisis

SEAFOOD Norway, the body which represents the country’s fishing and aquaculture industry, has warned there are likely to be serious economic consequences from the large algae outbreak which has devastated […] Continue Reading

Health

Algae outbreak costing Norway billions of kroner

NORWAY’S fisheries minister is to hold an urgent meeting with the salmon farming industry as it was disclosed losses from a major algae outbreak this week could reach more than […] Continue Reading

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