Posts Tagged ‘Mowi’
Higher Q4 harvest, but lower EBIT at Mowi Scotland
MOWI is forecasting a 2,000-tonne harvest increase from its Scottish operations for the final quarter of 2019. The world’s largest salmon farming company says Scotland will have produced 14,000 tonnes over the period compared to earlier predictions of 10,600 tonnes, and 12,000 tonnes in Q4 2018. However, operating profits from Scotland are lower than 2018, with an…
Read MoreMowi Scotland in new ASC drive for all farms
Mowi Scotland plans to achieve ASC certification at all its freshwater loch sites this year, along with additional seawater sites, the company announced today. Until the ASC (Aquaculture Stewardship Council) revised its salmon standard last year, many farms in Scotland could not comply because the ASC did not allow the production of salmon smolts in…
Read MoreHadfield happy with new role after ‘fantastic’ feed journey
THE new management structure at Mowi, announced last week, will be a very good thing for Scotland, said Scottish boss Ben Hadfield. He has been appointed chief operating officer of farming in Scotland and Ireland, handing over his previous duties in the group as COO Feed to Atle Kvist, formerly managing director of Mowi Feed.…
Read MoreMowi makes top team more ‘hands-on’
A SHAKE-UP in the group management team of Mowi, announced today, sees the company’s global farming operations split between three leaders. Per-Roar Gjerde will be the COO of Farming in the Americas (Canada and Chile) and the Faroes, and will will also lead Farming Norway until a permanent candidate has been found for the position.…
Read MoreWhale of a time for escaped salmon
A 30 foot long minke whale has broken into a salmon cage in northern Norway, enabling a number of fish to swim free. The large intruder made its bold, but unwelcome, appearance at a Lerøy Aurora farm in Åpenvik in the Varangerfjord region. It made a large hole in the net, through which a small…
Read MoreNorwegian farm hit by ISA outbreak
INFECTIOUS Salmon Anaemia (ISA) has been confirmed at a sea based site run by Norway Royal Salmon in the north Norwegian region of Finnmark. The Norwegian Food Safety Authority is reporting the outbreak at Lille Kufjord, some 800 miles north east of Oslo; it is based on the positive analysis of tests taken at the…
Read MoreMowi staff buy discounted shares
EMPLOYEES of Mowi have been offered the chance to buy shares in the company at a discounted price. The deal applies to Norwegian, Scottish and Canadian permanent staff. The offer is based on the average purchasing price for the company\’s shares on December 10 of NOK 230.0521 per share. The Norwegian Tax Act provides Norwegian…
Read MoreStrikes dampen salmon price rise joy
AFTER months of a downward spiral, salmon prices are rising sharply again. In Norway last week the average price for fresh or chilled salmon was just over 63 kroner per kilo, up by 2.7 per cent on the previous week. The price of frozen salmon was not far behind at almost NOK 60 per kilo.…
Read MoreEveryone should own salmon shares says analyst
THE salmon farming sector can look forward to a better year in 2020, a leading Norwegian investment analyst has predicted. And Tore Tønseth, at Spare Bank 1 Markets, is also urging everyone to buy shares in salmon companies. In an interview with the Oslo business newspaper and website Finansavisen, he said the last few months…
Read MoreScottish Sea Farms lures two industry leaders
GIDEON Pringle, who recently announced he was to leave his post as operations director of farming at Mowi, is to take up a senior role at Scottish Sea Farms. He will start in April next year as director of farming, a new position created following a restructuring at the company. Until then, he will work…
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