Bakkafrost Q4 earnings and profits up

THE Bakkafrost Group, the main fish farming company on the Faroe Islands, today unveiled substantially increased profits for the final quarter of 2016, despite slightly lower harvested volumes. The total operating EBIT (earnings before […] Continue Reading

Bakkafrost issues ISA virus alert

THE Faroese fish farming company Bakkafrost issued an alert last night after a routine surveillance test by the Veterinary Authority on a site revealed suspected pathogenic ISA virus, a potentially serious disease that […] Continue Reading

Fish Update briefing Friday June 17

SEAFOOD RESTAURANT CHAIN FOUNDER DIES AT 68 Doug Schmick, co-founder of the US based chain of McCormick & Schmick’s seafood restaurants, has died at the age of 68. In 1972, Schmick and William McCormick founded the […] Continue Reading

Bakkafrost plans £230m investment

BAKKAFROST, the main salmon farming company in the Faroe Islands, has announced an enhanced investment programme of 2.2 billion Danish kroners (around £230 million) over the next four years. The company said yesterday […] Continue Reading