Benchmark sees revenues up 25% for H1
Aquaculture biotech group Benchmark saw its revenues for the six months to 31 March 2023 go up, year on year, by 25% to £98.9m. The period, the first half of […] Continue Reading
Iceland’s fish farmers set up support group
Several leading Icelandic salmon farmers have come together to form a new industry group. The ten initial members include some of the biggest names in the business such as SalMar […] Continue Reading
Salmon Evolution reports progress in tackling AGD
The land based fish farmer Salmon Evolution has said it is now getting on top of its biological problems. Last month the company reported increased mortality at its new Indre […] Continue Reading
ISI first quarter results hit by high salmon prices
Raw material inflation, especially for salmon, has had an impact on Iceland Seafood International’s first quarter results. But the company adds, in its report for Q1, that there are signs […] Continue Reading
Faroese parliament approves new salmon tax regime
Salmon farmers in the Faroe Islands are facing sizeable increases in their tax bill, it emerged yesterday. The Faroes’ largest fish farmer, Bakkafrost, has revealed that the Faroese parliament has […] Continue Reading
SalMar poised to sell wellboat business
SalMar has signalled it is likely to sell its aquaculture support and wellboat supply subsidiary Frøy. It acquired a significant stake in the business as part of the takeover of […] Continue Reading
Oslo set to press ahead with tax plan
The Norwegian government is continuing to hold talks with just two smaller political groups on the salmon tax issue, after four main opposition parties walked out two days ago. Millions […] Continue Reading
Hydrotech hire broadens industry outreach and species competence
Hydrotech, a part of Veolia Water Technologies, has increased its competency and knowledge base in species and industry sectors beyond Atlantic salmon. Following the appointment of Wil Conn (pictured) to […] Continue Reading
Q1 unsatisfactory despite higher profits, says Lerøy chief
Despite delivering higher profits during the first quarter of 2023, Lerøy CEO Henning Beltestad believes the results should have been better. He said: “We are not satisfied with the results in […] Continue Reading