Proximar on track despite February tank incident

Proximar Seafood has reported that biomass at its new land based salmon farm in Japan has more than doubled during the first three months of 2024. At the end of March  the Norwegian salmon company had a standing biomass of 111.9  metric tonnes at the farm, located at Oyama near Japan’s Mount Fuji, compared with…

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Proximar suffers loss after leak at Mount Fuji site

Land based salmon farmer Proximar Seafood has suffered a biomass loss following a tank breach at its Mount Fuji facility in Japan at the weekend, the company has revealed. The incident happened in one of four operational tanks at the company’s new post smolt grow out facility. Preliminary estimates suggest that 50,000 fish have been…

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Tuna sold for post pandemic record of £620,000

If you think the price of your tuna sandwich is too much, spare a thought for the buyers on Tokyo fish market earlier this week. They paid a post pandemic record 114.2 million yen – around £620,000 – for a 238 kilogram bluefish tuna at a New Year auction. It is the highest figure since…

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Proximar’s salmon reach first post-smolt grow-out stage

Proximar Seafood AS has just announced that the first batch of Atlantic salmon has been successfully transferred from the nursery department to the post smolt grow-out facility (PSG). The fish will be harvested at the company’s Oyama facility near Mount Fuji during the third quarter of 2024. Chief Operating Officer (COO) Dharma Rajeswaran said: “It…

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Mount Fuji farmer raises additional £10 million

Proximar Seafood, the company behind the Mount Fuji, Japan, RAS Salmon farm project, has successfully raised a further NOK 140 million (almost £10.5m)  in fresh capital, an Oslo Stock Exchange announcement confirmed last night. The company said it was “pleased to announce that the board of directors of the company has conditionally allocated 70 million…

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China overtaking Japan in salmon consumption

China has taken over from Japan as the leading Asian market for Norwegian salmon, new data shows. So far this year Norway’s salmon farmers have sold 60% more salmon to China than over the same time before the pandemic. The Norwegian Seafood Council says: “When such things happen it is important to be on the…

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Proximar seeking extra £12m due to cost inflation

Proximar Seafoods, the company behind the Mount Fuji RAS salmon farm project in Japan, has said it needs to raise more money due to rising construction costs. It is looking for an extra NOK 165 million (around £12m). Proximar said the project’s total capital expenditure (capex) has been updated to NOK 1,240 million (£92m), up…

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Japan first port of call for UK seafood drive

Japan, a large global buyer of salmon, will be the first destination for a series of webinars for UK businesses looking to open and grow markets to export seafood. They will form part of a wider campaign by Seafish, to help the sector to prepare for new trade opportunities. Japan is the first destination for…

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