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
Salmon companies move to halt exports to Russia
Two key salmon farming companies, Bakkafrost of the Faroe Islands and the Lerøy Seafood Group, have signalled they are taking action to prevent their products getting into Russia. Bakkafrost CEO Regin […] Continue Reading
SalMar and Lerøy report increased harvests for 2021
Leading salmon producers Lerøy and SalMar have each reported increased harvests for 2021, with year-on-year growth also in production for the fourth quarter. For 2021, Lerøy’s total farmed harvest was […] Continue Reading
Scottish Sea Farms smiling again
Scottish Sea Farms enjoyed a far better year in 2020, producing an operating profit of NOK 308m (£26m), up from NOK 292m (£24.6m) in 2019, the company’s accounts show. Revenues […] Continue Reading
Lerøy Seafood reports increased harvest figures
Lerøy Seafood has become the latest salmon and trout company to reveal higher harvest figures for the final quarter of 2020. The combined aquaculture, trawling and fish processing company expects […] Continue Reading
SalMar reports increased harvest volumes
Norwegian Salmon farming giant SalMar last night unveiled a 3,000 tonne plus increase in its harvest figures for the final quarter of 2020. The total figure is 43,600 tonnes for […] Continue Reading
Grieg could raise up to £125m from Shetland sale, analysts say
The sale of Grieg Shetland could net the parent company up to £125 million, analysts in Oslo are predicting. They put the price on Grieg Seafood’s Scottish operations at between […] Continue Reading
Four fish farmers recognised in latest global sustainability index top 10
Four companies in the aquaculture sector have made it to the top 10 of an independent global index of sustainable food producers. The Coller FAIRR Protein Producer Index is based […] Continue Reading
SalMar and Leroy report lower harvests
SalMar and Lerøy Seafoods, two of Norway’s largest salmon farming companies, are reporting lower harvests for the third quarter of this year. In a trading update Lerøy said it slaughtered […] Continue Reading