AKVA in solar deal to power up Chile salmon industry

AKVA group, the world’s largest supplier of services to the aquaculture industry, has entered into a partnership deal which could help transform the Chilean fish farming industry’s power setup. The deal is with Inseanergy which specialises in turnkey solutions for floating solar power systems. AKVA  said  it marks a significant step towards being able to electrify…

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Scotland’s marine software expertise on show in Chile

Software developed in Scotland to help predict the impact of fish farm waste on the marine environment will be showcased for international markets at the AquaSur trade show, in Chile next week. NewDEPOMOD is a particle-tracking modelling software, designed to predict dispersion of fish farm waste discharges in the marine environment. It was developed by…

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Fire destroys large processing plant in Chile

A large salmon processing plant in southern Chile has been severely damaged by fire. The site, near the city of Punta Arenas, employs several hundred people and belongs to Entrevientos, which is owned in turn by the aquaculture companies Blumar and Multiexport Foods, also known as Multi X. Large flames followed by a huge pall…

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Sector set for growth

Rabobank’s look ahead to 2024 suggests better days are coming for aquaculture producers, reports Vince McDonagh After a turbulent 2023, the aquaculture industry – and the salmon sector in particular – looks set to rebound next year, according to a report based on input from producers worldwide. What to expect in aquaculture in 2024, the…

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Chile’s Nova Austral saved from liquidation

Chilean salmon farmer Nova Austral has been saved from the immediate threat of liquidation. The long-running saga came to an end last night after the bondholders voted in support of a reorganisation agreement drawn up late last year. An announcement on the Oslo Stock Exchange said: “Following the Issuer’s presentation of the Reorganisation Agreement, Nordic…

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Mowi Scotland’s Q4 harvest unchanged at 10,500 tonnes

Mowi Scotland harvested 10,500 tonnes of salmon in the final quarter of 2023. The figure was unchanged from the equivalent quarter the year before but the operation produced a loss, a trading update from the company today shows. Globally, Mowi – the world’s largest salmon farmer – produced 129,000 tonnes during the period and a…

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Still no sign of end to Chilean salmon farmer agony

Shareholders in the troubled Chilean salmon farmer Nova Austral are still waiting to hear what is going to happen to the company. After several postponements since the summer, a decision on its future was expected this week, but that has been delayed for at least a further  week – with still no guarantee the issue…

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Southern Chile hit by new toxic algal outbreak

Salmon farmers in the south of Chile are battling against another large toxic algal bloom which has already cost the sector thousands of tonnes in lost fish in the past few weeks. Losses are already approaching 3,000 tonnes in Atlantic and Coho salmon. So far, farms run by AquaChile and Blumar (pictured) seem to be…

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Still no agreement on Nova Austral debt crisis

The long-running saga over the troubled Chilean salmon farmer Nova Austral will now drag on into the New Year. It had been hoped a rescue package could be reached by the end of last week, but the creditors again rejected various proposals in a revised reorganisation agreement filed with a court in Chile. This is…

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