MH wins go ahead for wrasse hatchery

MARINE Harvest has won planning consent to build a wrasse hatchery in Machrihanish that will help meet the growing demand for farmed cleaner fish. Plans for the 20,000sq m plant were first mooted two years ago but met with opposition from a local conservation group. However, support for the project, which will create up to…

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Marine Harvest last quarter profits drop

MARINE Harvest’s operating profit for the final quarter of 2017 was €177 million, down from €259 million in the same period in 2016. The company’s profits for the third quarter of 2017 were €194 million. The Faroe Islands had the highest EBIT per kilo at €3 while Ireland recorded €2.75, harvesting respectively 4,000 tonnes and 2,500…

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End of an era as Bracken retires

ONE of the pioneers of Scottish salmon farming has announced his retirement after 41 years in the industry. Steve Bracken, business support manager at Marine Harvest Scotland, will stand down at the end of July 2018. Beginning his career as a fish farm assistant at Lochailort on May 23, 1977, Bracken is the longest serving…

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Marine Harvest buys Canadian salmon farmer

MARINE Harvest is to buy leading east coast Canadian salmon farmer Northern Harvest, the Bergen based company announced. Northern Harvest is fully integrated with its own broodstock, smolt/hatchery, farming sites and processing operations. It is expected to harvest 19,000 tonnes of salmon in 2018; it has 45 farming licences in Newfoundland and New Brunswick, and…

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