Grieg pulls out of BC First Nation territory
Grieg Seafood British Columbia has agreed to decommission a number of salmon farms in a territory run by the shíshálh First Nations Community. The company said the move was in […] Continue Reading
Grieg freezes investment plans in Norway
Grieg Seafood CEO Andreas Kvame revealed today his company had identified several large investment opportunities along the Norwegian coastline, most of which have now been put on hold because of […] Continue Reading
Rare parasite forces Grieg into mass cull
Grieg Seafood is being ordered by the Norwegian Food Safety Authority to slaughter around a million young salmon in the north of the country. The directive follows the discovery of […] Continue Reading
Grieg reports higher harvest for BC – but costs also up
Grieg Seafood is expecting higher third quarter harvests but is also facing higher production costs, the company has said in a trading update. The harvest total for the July to […] Continue Reading
Grieg shelves NOK 1.9bn smolt project
Grieg Seafood has announced it is postponing a NOK 1.9 billion expansion project in Norway’s Finnmark region because of uncertainty following last week’s tax shock announcement. Work on the company’s […] Continue Reading
Salmon price fixing dispute draws to a close in US
A long-running dispute in the United States over allegations of price fixing by some of Norway’s largest salmon companies appears to have reached a conclusion. Reports from the US suggest […] Continue Reading
Salmon giants in $85m ‘price-fixing’ settlement
At least four Norwegian salmon companies, including some of the biggest names in the business, have reached a settlement for US $85m in a class action in the United States […] Continue Reading
BC salmon farmers to consult First Nations after court ruling
THE British Columbia Salmon Farmers Association says it will be reaching out to Canada’s indigenous First Nation groups to find out how they want to proceed following the Canadian Federal […] Continue Reading
Salmon prices hit Easter record
Norwegian fresh prices climbed to their highest level on record last week, with industry analysts speculating they may well have some way more to go. According to Statistics Norway, they […] Continue Reading