Buoyant Kingfish on course to profit

The Kingfish Company, the Netherlands-based yellowtail fish farmer, recorded a strong performance last year. Publishing its accounts for 2023, the company reported revenues up coupled with what it said was an excellent biological performance. It achieved a 17% revenue increase in 2023, reaching €21.9m (£18m) against €18.7m (£16m) in 2022. Kingfish, which has a second…

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Latest Norcod share issue falls short

Fish farm pen in calm sea and sunshine

Norwegian cod farmer Norcod has fallen well short of attracting investment from a new share issue which closed late last week. The company had hoped to net around NOK 16 million (almost £1.2m) from its latest offering of 1,333,333 new shares at a subscription price of NOK 12 per share. The subscription period for the…

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Norway slams the brakes on cod farming growth

cod fish swimming in blue sea

Norwegian regulators have called a temporary halt to further cod farming applications, particularly those at new locations. The sector has been growing so fast that the Norwegian Food Safety Authority (Mattilsynet) wants time for everyone to draw breath and examine any biological or related implications. Whether growth resumes will depend on an assessment of the…

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More wild fish should be eaten, not fed to salmon, scientists say

pile of fresh sardines on a plate

Consumers would get a better mix of nutrients if they ate more of the wild fish species that are typically used for salmon feed. That’s the message from a study by scientists from four leading UK universities, who analysed the nutrient content of wild caught fish such as mackerel, anchovies and herring and compared it…

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Farmed trout, cod exports growing

trouts in the air with splashes of water, thrown trouts back into the trout farm fishpond from the fisherman's net

Farmed trout is gaining in popularity around the world, according to the latest information from the Norwegian Seafood Council. Figures show a large growth in Norwegian trout exports so far this year. Volume growth increased by 62% to 4,676 tonnes during February, a growth rate of 62%. The value, at NOK 454m (£33m), represents a…

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