Lerøy farm saved from huge ice floe

Lerøy Seafood avoided a serious loss at the weekend after a large ice floe threatened one of its fish farming facilities in the Troms and Finnmark region. The floe measured more than 3,000 square metres and was bearing down on the site at Lyngenfjorden before the coastguard ship Bison was brought in to rescue the…

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Norway year end salmon prices back over NOK 100 a kilo

The export price for fresh Norwegian salmon surged to more than NOK 100 per kilo during the final week of last year. Figures from Statistics Norway show there was a sharp increase between Christmas and New Year when, normally, demand for seafood tends to start slowing down as the festive season draws to a close.…

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Lerøy Q4 harvest down after jellyfish attacks

Salmon pens in a blue sea with blue sky

The full damaging impact of the Perlesnorman (string jellyfish) attacks on some of Norway’s salmon farmers this winter became evident today in a 2023 final quarter trading update from the Lerøy Seafood Group. The company has announced a Q4 salmon and trout harvest of 47,500 tonnes, down by 5,800 tonnes on a year ago. Lerøy,…

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Salmon Evolution ends 2023 with record biomass

Land-based fish farmer Salmon Evolution recorded an all-time high biomass of more than 2,200 tonnes as 2023 drew to a close. The Norwegian company’s latest trading update also notes that last year saw record harvest volumes. As at 31 December 2023 the company had a standing biomass of more than 2,200 tonnes (LW) and had…

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Salmon rules as Norwegian seafood exports hit new annual record

Norway’s seafood exports last year hit a record NOK 172bn (£13bn) with aquaculture, and salmon in particular, still the main driver of that achievement. Figures from the Norwegian Seafood Council today show that the export value increased by NOK 20.7 billion (almost £1.6bn) or 14% on 2022. Seafood remains one of Norway’s most sought-after global…

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Måsøval unveils increased harvest – and wins compensation

The family-owned salmon company Måsøval today announced a higher than expected harvest for both 2023 and the final quarter of last year. With the new year just three days old, it is the first of the big salmon companies to unveil Q4 details. The company harvested 7,929 tonnes in the final three months of 2023…

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Norwegian salmon prices in late Christmas lift

Fresh salmon prices in Norway have surged to their highest level for almost six months, in the run up to Christmas. Figures from Statistics Norway, which monitors prices on a weekly basis, show they reached NOK 87.82 per kilo (£6.73), in week 50, a peak not seen since July. They had been hovering around the…

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Time limits on aquaculture permits ‘will create uncertainty’

The industry group Seafood Norway has said there is no need for time limits to be imposed on aquaculture permits. Creating an expiry date for permits, it suggests, would create unnecessary uncertainty. The move has already been suggested, among others, by the county authority in Finnmark where a lot of fish farming is carried out.…

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£100 million bonus for fish farming communities

Coastal communities which host fish farming sites are set to receive  an increased payout of NOK 1.4bn (£103m) from the Norwegian Aquaculture Fund, the Oslo government has announced. The money will be used to develop various welfare and social projects in areas which are often isolated from the main urban centres. The government says it…

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