Posts Tagged ‘Atlantic Sapphire’
Atlantic Sapphire positive after higher harvest numbers
There was much brighter news from the Florida based salmon company Atlantic Sapphire yesterday, as it reported a large increase in its first quarter harvest. The company, which has had more than its share of problem including a falling share price last year, reported a 20214 first quarter harvest of 1.15 million tonnes (heads on…
Read MoreAtlantic Sapphire raises a further £27m for Florida site
Florida-based land salmon company Atlantic Sapphire raised around NOK 369m (£27.5m) in a new share issue in Oslo, where the company is listed, last night. The issue at NOK 1.20 per share was fully subscribed with its largest shareholder Nordlaks Holdings of Norway buying shares worth NOK 52m (£3.8m). The extra money will be used…
Read MoreBetter days ahead, says Atlantic Sapphire
The Florida-based salmon company Atlantic Sapphire is looking to an improved performance in 2024 following the problems it experienced this year with high water temperatures. In a third quarter operational update, the RAS (recirculating aquaculture systems) producer said it expects to reach an EBITDA (earnings before interest tax depreciation and amortisation) break-even point by next…
Read MoreAtlantic Sapphire CEO set to quit
The CEO of land-based salmon farmer Atlantic Sapphire, Johan E. Andreassen, has announced he will be stepping down. Andreassen will remain in an “interim CEO role”, the company said, until a successor has been appointed. Atlantic Sapphire was founded in Demark but now operates a RAS (recirculating aquaculture system) salmon farm in Florida, USA. Andreassen…
Read MoreHong Kong buys into a rejuvenated Atlantic Sapphire
TWO significant developments have been announced overnight around the Florida land based salmon company Atlantic Sapphire. The company has announced on the Oslo Stock Exchange that its water temperature problems are now back under control. It has also been revealed that the Hong Kong based venture capital fund VLTCM has bought a ten per cent…
Read MoreMass mortality at Atlantic Sapphire’s Danish pilot
SOME 227,000 salmon have died at the Danish site of land based farming pioneer Atlantic Sapphire. The company lost the fish at its commercial pilot facility over the weekend, according to a statement posted on the Oslo Stock Exchange. ‘Preliminary analysis, subject to further verification over the next days, indicates higher nitrogen levels than desired…
Read MoreSkretting wins Atlantic Sapphire feed contract
SKRETTING has won the contract to supply the world’s biggest land based salmon farmer, Atlantic Sapphire, with the majority of its feed supply. The contract, beginning this month, covers most of Atlantic Sapphire’s feed requirements at its facilities in Denmark and in the US, Skretting announced today. Johan Andreassen, CEO of Atlantic Sapphire, said: ‘Skretting…
Read MoreRAS farmer ‘learnt from mistakes’
LAND based salmon farming pioneer Atlantic Sapphire is now reaching expectations at its Danish farm, said the company, presenting an investor update at the North Atlantic Seafood Forum in Bergen. The company’s farm in Langsand, Hvide Sande, Denmark, operating since 2011, has achieved a biomass of 870 tonnes (real live weight), which will produce an…
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