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Salmon farmer Bakkafrost has reported that its Scottish operations have been challenging, producing a loss in the final three months of 2020 for the Scottish Salmon Company (SSC), which it […] Continue Reading
The Faroese salmon farming company Bakkafrost has commissioned a fully electric workboat as part of its mission to reduce the group’s carbon footprint. The groundbreaking contract with the MEST shipyard, […] Continue Reading
The Scottish Salmon Company delivered an increased harvest during the final quarter of 2020, its owner, the Bakkafrost group, has disclosed in a Q4 trading update. The Faroe Islands salmon […] Continue Reading
Bakkafrost has signed an agreement with Norwegian recirculating aquaculture system (RAS) technology company Nofitech to expand the Glyvradal smolt hatchery on the Faroe Islands. The project will expand the hatchery’s […] Continue Reading
The sale of Grieg Shetland could net the parent company up to £125 million, analysts in Oslo are predicting. They put the price on Grieg Seafood’s Scottish operations at between […] Continue Reading
Four companies in the aquaculture sector have made it to the top 10 of an independent global index of sustainable food producers. The Coller FAIRR Protein Producer Index is based […] Continue Reading
Faroese fish farmer Bakkafrost, owners of the Scottish Salmon Company, today announced a third quarter EBIT of 102.7 million Danish kroner (DKK) (£12m) during what has been a difficult period […] Continue Reading
The Scottish Salmon Company (SSC) looks set to produce 10,500 tones of salmon during the third quarter of this, its new owner Bakkafrost says. That is almost as much as […] Continue Reading
Despite an equity ratio of 69 per cent, Bakkafrost has decided to forgo paying a dividend for 2019 because of the continued uncertainty surrounding Covid-19. The Faroese fish farming group […] Continue Reading