Seafood Expo on course despite withdrawals
SEAFOOD Expo and Processing North America, popularly known as the Boston Seafood Show, is to go ahead , the organisers have said. Earlier this week Peter Pan Seafood of Alaska […] Continue Reading
Bakkafrost reports Scottish harvest for Q4 down by almost half
As expected, output from Bakkafrost’s Scottish operation was well down during the final three months of 2021. The Faroese fish farmer published its fourth quarter trading update today which shows […] Continue Reading
Bakkafrost takes majority stake in Danish canner
Bakkafrost has acquired a majority stake in the Danish canned salmon and general fish company Munkebo Seafood AS, it was announced today. The Faroese fish farming group, which has major […] Continue Reading
Bakkafrost profits warning after high mortality in Scotland
Bakkafrost warned last night that serious biological problems at its Scottish operation are continuing to generate increased mortality and financial losses into the final quarter of the year. The Faroese […] Continue Reading
Bakkafrost negotiates €700m credit facility
Bakkafrost has entered into a €700m (£597m) sustainability-linked multi-currency revolving credit facility. The Faroese salmon farming group, which has major operations in Scotland, said the purpose of the facility is […] Continue Reading
Must fish fly?
Salmon are meant to swim, not fly! With these words Atli Gregersen, owner of the Faroese fish farming company Hiddenfjord, sparked off a major debate inside the industry after he […] Continue Reading
Biological issues in Scotland hit Q3 profits at Bakkafrost
Bakkafrost today unveiled a sharp drop in third quarter operating profits, blaming the situation on various problems in Scotland and the Faroe Islands. The group’s operating EBIT was 70.5 million […] Continue Reading
Bakkafrost Q3 Scottish harvest down by 3,600 tonnes
Bakkafrost has announced an increase in its third quarter (July to September) harvest volumes. However, output from its Scottish operation was down, the company says in the latest trading update. […] Continue Reading
Grand welcome for Bakkafrost’s new service vessel
Bakkafrost’s new farming service vessel, designed primarily to develop farming operations in Scotland, has been delivered to the company in a colourful ceremony watched by up to 500 guests. The […] Continue Reading