Posts Tagged ‘Leroy’
Salmon’s ‘big six’ to challenge EU price fixing claims
Norway’s “big six” salmon companies have all strongly denied an accusation of price collusion made by the European Commission. The Commission claimed yesterday that the companies broke competition rules by sharing information on prices and salmon volumes. It has sent what is known a statement of objection, also known as an SO, to each of…
Read MoreLerøy Q4 harvest down after jellyfish attacks
The full damaging impact of the Perlesnorman (string jellyfish) attacks on some of Norway’s salmon farmers this winter became evident today in a 2023 final quarter trading update from the Lerøy Seafood Group. The company has announced a Q4 salmon and trout harvest of 47,500 tonnes, down by 5,800 tonnes on a year ago. Lerøy,…
Read MoreNorway’s “big five” settle Canadian price fixing case
FIVE of Norway’s largest salmon breeders have entered into a multi-million Canadian dollar price fixing case settlement following a class action over the border in the United States. It follows a civil case involving claims brought by two Canadian consumers. It means the five, Mowi, SalMar, Grieg Seafood, Cermaq and the Lerøy Seafood Company, will…
Read MoreLerøy 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 said the most significant factor behind the lower earnings was pressure on the whitefish market resulting from the Covid-19 pandemic, and the change in catch…
Read MoreAll 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 northern port of Narvik to the southern Swedish city of Malmo where the fish is loaded onto refrigerated lorries for onward distribution to processing facilities…
Read MoreAll 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 northern port of Narvik to the southern Swedish city of Malmo where the fish is loaded onto refrigerated lorries for onward distribution to processing facilities…
Read MoreNorway 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 storm of criticism from politicians and smaller independent processing companies after the salmon farming giants Mowi and Lerøy were granted exemptions. A number of other…
Read MoreSalmon 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 from Norway’s Conservative government, while demanding that all companies are treated equally. Last week the Food Safety Authority caused a stir within the industry when it…
Read MoreNorwegian farmers taking salmon price hit
NORWEGIAN fish farmers are facing a marked decline in the price of fresh salmon this week for the first time since the Covid-19 crisis hit more than six weeks ago. Figures from Statistics Norway show that the kilo price of fresh or chilled salmon fell by seven per cent to NOK 67.74 over the past few days, while exports declined…
Read MoreSalmon farmer plans first ocean farm for Scotland
A NORWEGIAN style ocean farm capable of holding 1.25 million fish could be sited off the coast of Scotland if one of the country’s leading farmers receives approval for its plans. Scottish Sea Farms is looking to trial Scotland’s first open ocean farm if it gets the go ahead from regulators, the company announced today.…
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