Icelandic storm losses estimated at £2.5m

THE cost of a run of storms which hit Icelandic salmon farmer Arnarlax last week is estimated to be at least £2.5 million. The company said it had lost around 500 tonnes of stock – numbering 100,000 salmon – at its Westfjords site in in Arnarfjordur because extreme weather conditions prevented slaughtering taking place. Arnarlax,…

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Iceland farmer loses 90,000 salmon in storms

THE Icelandic salmon farmer Arnarlax has lost at least 470 tonnes of fish because a run of severe storms have prevented harvesting from being carried out, it is being reported. The figure, confirmed by the national food safety agency MAST is a much higher than the original estimate of 100 tonnes and represents up to 90,000…

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Iceland salmon farmers grappling with storms

SEVERE weather conditions have been preventing at least one of Iceland’s main salmon companies from carrying out harvesting activities. According to Morgunbladid, Iceland’s main newspaper, the slaughter of fish at Arnarlax’s farms in Hringdal in Arnarfjordur has virtually come to a standstill over the past few weeks, with the result that salmon have been accumulating in the cages,…

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Scottish Sea Farms Q3 results disappoint SalMar

SALMAR’S Scotland operations, which it shares with Lerøy Seafood, produced disappointing results this summer, the salmon farming giant’s third quarter results show today. Although Scottish Sea Farms, or Norskott Havbruk as the company calls it, generated operating revenues of NOK 629.5 million, up from NOK 547 million during the third quarter last year, expectations were…

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Iceland\’s largest aquaculture centre opens

A HUGE new aquaculture breeding and hatchery centre has opened for business in the west of Iceland, on a remote fjord more than 250 miles from the capital Reykjavik. The £25 million (ISK 4 billion) Arctic Fish owned facility covers 10,000 square metres near the small fishing harbour of Tálknafjörður, where the company is currently…

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Iceland\’s largest aquaculture centre opens

A HUGE new aquaculture breeding and hatchery centre has opened for business in the west of Iceland, on a remote fjord more than 250 miles from the capital Reykjavik. The £25 million (ISK 4 billion) Arctic Fish owned facility covers 10,000 square metres near the small fishing harbour of Tálknafjörður, where the company is currently…

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Iceland farmed fish exports hit new heights

EXPORTS of Icelandic farmed fish have soared by more than 60 per cent and were worth £97 million (ISK 15.5 billion) in the first eight months of this year, figures from the country’s Office of Statistics show. August was the best month, with overseas sales – mainly consisting of salmon and trout – hitting £10…

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Iceland\’s largest salmon farmer posts €16m loss

ICELAND’S largest salmon farming company, Arnarlax, in which Norway’s SalMar has a majority stake, posted a loss of 16 million euros for last year, several times the figure for 2017. Arnarlax is currently investing heavily in developing new fish farms but saw its plans disrupted a year ago after objections from environmental groups. However, it…

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Iceland\’s largest salmon farmer posts €16m loss

ICELAND’S largest salmon farming company, Arnarlax, in which Norway’s SalMar has a majority stake, posted a loss of 16 million euros for last year, several times the figure for 2017. Arnarlax is currently investing heavily in developing new fish farms but saw its plans disrupted a year ago after objections from environmental groups. However, it…

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Iceland salmon farmers win back licences

TWO Icelandic salmon farming companies which had their development plans put on hold a year ago following objections from environmental groups have been handed back their operating licences. Iceland’s Food Agency, known as MAST, has told Fjarðalax ehf, owned by SalMar subsidiary Arnarlax, it can proceed with its intention to farm up to 10,000 tonnes…

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