Posts Tagged ‘Mowi’
Mowi offloads its stake in DESS Aquaculture
Mowi has sold its 50 per cent stake in the aquaculture vessel support company DESS Aquaculture Shipping for around 115 million euros (NOK 1.2 billion). The sale will provide the global salmon giant with a useful boost to its cash reserves during a difficult time for the fish farming sector. The buyer is Antin Infrastructure…
Read MoreCanadian government orders \’phase-out\’ for 19 farms
The Canadian government has ordered that 19 open-net fish farms in British Columbia must be phased out over the next 18 months. The farms, in the Discovery Islands, near the Campbell River, British Columbia (BC) have been the subject of controversy, and the government said that its decision had been taken in consultation with representatives…
Read MoreCanadian government orders \’phase-out\’ for 19 farms
The Canadian government has ordered that 19 open-net fish farms in British Columbia must be phased out over the next 18 months. The farms, in the Discovery Islands, near the Campbell River, British Columbia (BC) have been the subject of controversy, and the government said that its decision had been taken in consultation with representatives…
Read MoreMowi unveils plans for closed tanks in Scotland
Mowi is looking at four potential sites in Scotland for closed tanks to grow post-smolts, following the final harvest from its farm at Loch Ewe. The Neptune tank technology was developed by Aquafarm Equipment and has already been trialled successfully in Norway. The solid tank enables fish farmers to better control water inputs and outputs,…
Read MoreGreen bonds can solve feed dilemma, report says
Green (or blue) finance could help fish farmers make the transition from fish-based feed to more sustainable alternatives, according to a report from not-for-profit think tank Planet Tracker. Feed represents the aquaculture sector’s biggest operational cost, and it is also one of the sector’s most pressing sustainability issues, with concerns that the traditional sources of…
Read MoreStrong uptake for Mowi\’s employee share offer
Mowi Group employees have been invited to buy shares in the company at a discounted price. So far, 860 have taken up the offer. Mowi is the largest listed fish farm group worldwide. It rolled out its share offer to all permanent employees in the group and in its subsidiaries in Norway, Canada and Scotland,…
Read MoreStrong uptake for Mowi\’s employee share offer
Mowi Group employees have been invited to buy shares in the company at a discounted price. So far, 860 have taken up the offer. Mowi is the largest listed fish farm group worldwide. It rolled out its share offer to all permanent employees in the group and in its subsidiaries in Norway, Canada and Scotland,…
Read MoreFour 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 on an analysis of 60 of the world’s largest animal protein producers, ranking them on a number of factors including greenhouse gas emissions, water use,…
Read MoreMowi orders two new well boats
Two new “super green” well boats have been ordered for Mowi’s fish farming operations in Norway. The order has been placed by DESS Aquaculture Shipping based in Grimstad and the vessels will be on long term lease to Mowi. Each has a very large capacity and will also be equipped with four dual-fuel generator sets…
Read MoreSainsbury fish counter decision hits seafood sector
A decision by supermarket giant J Sainsbury to close fresh fish counters at its larger stores around the country will be seen as a blow to salmon and other seafood suppliers. The company yesterday announced a £137 million half year loss and said it was cutting 3,500 jobs through the closure of its fish, meat…
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