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The Faroe Islands government is expected to come under pressure to halt seafood exports to Russia, following the invasion of Ukraine this week. Faroes is one of the few European […] Continue Reading
Faroese salmon farmer Bakkafrost is forecasting a 17% higher total harvest for the first three months of this year. In a Q1 trading update, the group said output for both […] Continue Reading
Faroes group JT Electric has acquired specialist fish farming equipment Sterner UK, for an undisclosed sum. The deal means the current management of Sterner UK will become shareholders in JT […] 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) helped Bakkafrost, its new owner, deliver a first quarter EBIT (earnings before interest and tax) of 248.1 million Danish kroner (£29-million) during the first three […] Continue Reading
BAKKAFROST has revealed it is working to save a strain of North Atlantic salmon unique to the Faroe Islands that was in danger of becoming extinct, in a move that […] Continue Reading
TESTS used to detect ISA (Infectious Salmon Anaemia) are being successfully used in the Faroe islands in the fight against Covid-19, it has been revealed. The results so far are […] Continue Reading
RUSSIA has imposed an import ban on salmon from Bakkafrost in a move which could cost the Faroese fish farmer around £30 million a year in lost income. The surprise decision […] Continue Reading
MOWI is forecasting a 2,000-tonne harvest increase from its Scottish operations for the final quarter of 2019. The world’s largest salmon farming company says Scotland will have produced 14,000 tonnes […] Continue Reading