Posts Tagged ‘Arnarlax’
SalMar upbeat about Scottish Sea Farms
NORWEGIAN fish farming giant SalMar said 2018 had been a good year for Scottish Sea Farms, the UK business it part owns with Lerøy Seafood. In its annual report, SalMar reveals that Scottish Sea Farms generated operating revenues of NOK 2,057 million (£183.4 million) last year, compared with NOK 2,088 million (186.23 million) in 2017.…
Read MoreWhat Iceland can learn from Norway
ICELAND’S annual aquaculture conference, which begins today, has invited a leading Norwegian industry analyst to address delegates. Dag Sletmo, DNB senior vice president and seafood analyst, will speak at the Aqua-Ice event, in Reykjavik today and tomorrow, about lessons learned in Norway. ‘Iceland has a large potential in salmon farming, bigger than Norway relative to…
Read MoreSalMar to accelerate Iceland expansion
SALMAR has announced it is to speed up the development of its Icelandic salmon business Arnarlax after it completed securing a majority stake in the company today. The Norwegian salmon farmer has informed the Oslo Stock Exchange that it has proceeded with its plan to purchase 3,268,670 shares in Arnlarlax at a price of NOK…
Read MoreIceland tips big rise in salmon exports
MORE than a quarter of Iceland’s seafood exports could be from salmon farms within the next four years, a leading figure in the industry has forecast. Þorsteinn Másson, regional manager of the aquaculture company Arnarlax, said that while his prediction – made in a recent lecture – may be ‘a bit daring’ at the moment,…
Read MoreIceland farm row firms ASC approved
TWO Icelandic fish farming companies at the centre of a national row, which saw their applications for expansion suddenly withdrawn four months ago, have received Aquaculture Stewardship Council environmental certification for their production techniques. Both SalMar backed Arnarlax and Arctic Sea Farms received the green light from Iceland’s Food Administration last year to expand their…
Read MoreStrong Q3 results from SalMar
THE fast growing Norwegian fish farmer SalMar delivered a strong performance in the third quarter of 2018, driven by cost improvements and good prices. The operational EBIT for the quarter totalled NOK 939.1 million, up from NOK 801.3 million in the same period last year. The group harvested a total of 36,100 tonnes in the…
Read MoreIceland fish farms get temporary licences
TWO Icelandic fish farming companies who were stopped from expanding operations in the Westfjords region six weeks ago have now been granted temporary licences by Iceland’s Department of Fisheries. The companies, Fjarðarlax (owned by Arnarlax) and the Arctic Sea Farm, had planned to produce up to 17,500 tonnes of salmon in Patreksfjordur and Tálknafjörður, both…
Read MoreIceland’s premier steps into fish farm row
ICELAND’S fisheries minister is to submit a bill to the country’s parliament today amending the Aquaculture Act to ensure that the two companies who have lost their licences to expand salmon farming in the Westfjords can temporarily continue their operations. The minister, Fiskeldi Kristján Þór Júlíusson, says he wants to be able to grant provisional…
Read MoreShock as Iceland salmon licences revoked
TWO Icelandic coastal communities have expressed shock and dismay after licences to allow a major expansion of fish farming were suddenly revoked. Late last year, the Icelandic Food Administration gave the green light to the companies Fjarðarlax (owned by Arnarlax) and the Arctic Sea Farm to produce up to 17,500 tonnes of salmon in Patreksfjordur…
Read MoreIceland salmon farmer plans Oslo listing
ARNARLAX, Iceland’s largest fish farming company, has said it is working towards a listing on the Oslo Stock Exchange. Company chairman Kjartan Ólafsson told the Icelandic newspaper Frettabladid that the completion of a 2.6 billion (Icelandic) kroner share capital increase and expanding its balance sheet should underpin further development. He hopes to register the business…
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