Posts Tagged ‘Mowi’
Pancreatic disease reported at Mowi farms
Pancreatic disease has been detected at two Mowi salmon sites in the north of Norway, and confirmed by the Norwegian Food Safety Authority. Mowi will be required to empty the facilities quickly in order to avoid a spread of the infection. Pancreatic disease (PD) is regarded as a highly contagious disease that leads to poor…
Read MoreBakkafrost threatens activist with legal action
Bakkafrost Scotland looks set to be the third salmon company in quick succession to take legal action against anti-fish farming activist Don Staniford. The company has sent a warning to the campaigner, via its solicitors Shepherd & Wedderburn, requesting that he stops trespassing on its sites and taking clandestine video footage. The letter states: “Your…
Read MoreMowi reports record Q3 earnings, Scotland doubles profit
Mowi today unveiled record high 2023 third quarter revenues of €1.36bn (£1.18 bn) with Scotland more than doubling its operational profit or EBIT. The global operational profit was €203m (£176.5m) of which its Scotland operation contributed €9.2m (£8m) up from €4.2m (£3.6m) a year ago. The group said the performance during the July to September…
Read MoreSalmon companies at top of sustainable producers list
Salmon producers have taken the top three places in a global listing of the most sustainable animal protein producers. Mowi was ranked first for sustainability by the Coller FAIRR Protein Producer Index for the fifth year in succession. The company is joined in the top three ranked companies by fellow aquaculture businesses Lerøy Seafood Group…
Read MoreMowi feed plant hit by dust gas blast
An explosion has seriously damaged a Mowi feed factory in Norway causing considerable damage to the top of the building. Fortunately, no-one was injured and the site, which opened nine years ago, has now been evacuated. The incident took place in the Ørland municipality in the Trondelag region. Local news site VG.no reports that there…
Read MoreMowi showcases Florida centre for US Seafood Month
Salmon producer Mowi is celebrating National Seafood Month in the United States with a series of initiatives including the opening up of its 100,000 square foot processing facility in Miami to elite content creators specialising in food, health and science. It is also offering a behind the scenes look at sustainable seafood production, blending education…
Read MoreHigher Q3 harvest and profit for Mowi Scotland
Mowi today unveiled a 2023 third quarter record high harvest and an EBIT or operational profit of €203m (£177m) with Scotland showing a marked improvement on two fronts. In contrast, profits for the group as a whole were down on Q3 last year. Seafood analysts in Norway said the Mowi results were weaker than expected,…
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 MoreMowi to close Dingwall processing site
MOWI looks set to close the former Wester Ross processing facility at Dingwall, local reports have said. Around 15 people will be affected but they will be offered jobs at other facilities within the company. The Ross-shire Journal report said Mowi has entered a consultation period with the staff with a proposal to permanently close…
Read MoreMowi 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 More