Princess champions ‘crucial’ aquaculture firms

SWEDEN’S heir to the throne showed she could match the environmental credentials of her UK counterpart when she addressed the AquaVision conference in Stavanger this afternoon. Crown Princess Victoria was the star speaker on day two of the event, which is aimed at aquaculture leaders, and her message was ‘we must stop treating our oceans…

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Fashion chain owner ‘eyeing Young's’

THE private equity company Sun Capital Partners, whose portfolio includes the women’s fashion chain Bonmarche and the UK bed maker Dreams, is reported to be considering a bid for Young’s Seafood. The current private equity owners announced on Thursday that Britain’s largest seafood business was being put up for sale. No price tag has been…

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Cermaq reports high survival rates

NORWEGIAN salmon farmer Cermaq said the survival rate for its fish in 2017 was between 94 and 96 per cent. In Norway, none of the fish harvested in the last quarter of 2017 had received antibiotic treatment. The company said challenges to fish health are managed primarily by preventive measures Furthermore, there were no escapes…

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Oslo approves major salmon growth plans

A TOTAL of 47 fish farming companies, including many of the big names in the business, have been given permits to increase production using the environmentally friendly ‘traffic light’ scheme, says the Norwegian Directorate of Fisheries. The value of the applications when the deadline for new licences expired last week, and based on 449 permits,…

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Young's eyes China amid sale speculation

YOUNG\’S Seafood is looking to China and Europe as its next move on the international stage, its CEO has confirmed. As products from the Grimsby and Scottish based business began to make their debut across hundreds of stores in the United States this week, company chief Bill Showalter confirmed his latest global aspirations. Speaking to the Press Association, Showalter (pictured)…

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