Posts Tagged ‘Norway’
Mayors in mass protest over salmon traffic light plan
A GROUP of 14 mayors along the west coast of Norway have signed a petition against government proposals to reduce fish farming in some parts of the region. They fear it will lead to a cut in investment and jobs among the coast communities which they represent. But what is worrying for the government is…
Read MoreCanada’s Poseidon crosses Atlantic to Norway
The Canadian based aquaculture solutions company Poseidon Ocean Systems is to move into Norway. It has just announced that it is partnering with the Norwegian based technology supplier Fjord Miljo in a move which it says will allow it to reach new customers across the Atlantic while receiving the same level of service Fjord Miljo…
Read MoreMowi court battle over salmon tax gets underway
Mowi’s attempt to get Norway’s new salmon tax declared unlawful has finally reached the courts. According to the newspaper/news site Bergens Tidende the company met government officials at the Hordaland district court near Bergen yesterday. Mowi’s Chief Executive Ivan Vindheim, who is the probably the industry’s strongest opponent of the tax, was there for the start…
Read MoreAquaculture and fishing must live with criticism, says seafood chief
Both the aquaculture and fishing industries must learn to accept increased scrutiny, the Chairman of the employer organisation Seafood Norway has said. Gunnar Haagensen told the organisation’s annual meeting: “We have to learn to live with that. Challenges must be met, problems solved.” Haagensen pointed out: “Over the past six months or so, the seafood…
Read MoreSalmon price hits record level
Norwegian fresh salmon prices hit a new record high last week despite an increase in overall supply. According to Statistics Norway, they soared to NOK 120.04 or almost £9 per kilo, but this was an average figure and the price for larger five to six kilo fish was around NOK 130 (£9.60). Prices have been…
Read MoreBrighter Q1 results from Grieg Seafood and Salmon Evolution
Two Norwegian salmon companies, Grieg Seafood and Salmon Evolution, have published encouraging 2024 first quarter trading updates. The Grieg output is up by more than 30% on a year ago and totals approximately 21,000 tonnes against 15,350 tonnes 12 months ago. The main reason for the improvement is that British Columbia is now back in…
Read MoreLatest Norcod share issue falls short
Norwegian cod farmer Norcod has fallen well short of attracting investment from a new share issue which closed late last week. The company had hoped to net around NOK 16 million (almost £1.2m) from its latest offering of 1,333,333 new shares at a subscription price of NOK 12 per share. The subscription period for the…
Read MoreHurdles get higher
Bureaucracy, import duty and international tension are holding back seafood trade, the Norwegian Seafood Council says. Vince McDonagh reports War, international unrest and inflation are creating major challenges for seafood exporters, the Norwegian Seafood Council is warning in its latest update on trade. Salmon and related fish companies are operating in an extremely complex global…
Read MoreNorwegian salmon prices hit 2024 high in run up to Easter
Fresh salmon prices hit their highest level of the year in Norway last week, according to the latest official figures. Statistics Norway, which monitors trends on a weekly basis, said the salmon price averaged NOK 115.19 (£8.50) in the immediate run-up to the Easter holiday (week 13) per kilo against NOK 106.78 (£7.88), a rise…
Read MoreLerøy Q1 salmon and trout harvest down
The Lerøy Seafood group’s salmon and trout harvest for the first quarter of 2024 is down by more than 2,000 tonnes, year-on-year. The company, which has had its share of biological and jellyfish attack problems in recent months, slaughtered 26,400 tonnes against 28,600 tonnes between January and March. The figures do not include output from…
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