Lower Q2 harvests for SalMar and Lerøy
Lerøy Seafood and SalMar have reported lower harvest volumes for the second quarter of this year. The two companies, which have just issued their Q2 trading updates to the Oslo […] Continue Reading
Lerøy hit by suspected ISA outbreaks
Lerøy Seafood has become the latest big company to face the threat of Infectious Salmon Anaemia. A suspected outbreak of ISA has been reported at Lerøy’s relatively new site at Djupestallen […] Continue Reading
Investment banks welcome Grieg’s Shetland sale
One of Scandinavia’s leading investment banks has described the Scottish Sea Farms/Grieg Shetland deal as good news for both parties. SalMar and Lerøy, co-owners of SSF, announced on Tuesday that […] Continue Reading
Scottish Sea Farms nets Grieg’s Shetland assets
Scottish Sea Farms is to become the new owner of Grieg Seafood’s Shetland operations, it was confirmed last night. The sale is worth NOK 1.9 billion or £164m, appreciably higher […] Continue Reading
Lerøy Seafood set to invest in land-based salmon farming
Lerøy Seafood is planning to move into land based salmon farming. The company published its financial results for the final quarter of 2020, showing that operating profits fell from NOK […] Continue Reading
Lerøy Seafood Group sees revenue, profits fall for Q3
Lerøy Seafood Group, co-owner of Scottish Sea Farms, today posted a fall in third quarter revenue of NOK 329 million (£27.5 million). Salmon was not the problem, however. The company […] Continue Reading
All aboard the ‘Salmon Express’
THE train has started to take the strain in moving salmon and other seafood from Norway into key European markets. A new direct service opened up this weekend from the […] Continue Reading
Norway suspends salmon processing exemptions
NORWAY has suspended further applications from salmon companies who want to send fish overseas to be processed. The move by the seafood and fisheries minister, Odd Emil Ingebrigtsen, follows a […] Continue Reading
Salmon processing row turns political
THE decision to allow Mowi and Lerøy Seafood exemption from Norwegian processing rules erupted into a political row at the weekend. Norwegian Labour Party (AP) figure Cecilie Myrseth has called for answers […] Continue Reading