SalMar green bond issue raises NOK 3.5bn
Fish farming giant SalMar has raised 3.5 billion kroner (£300m) in a new green funding loan – almost a third more than originally planned. The company said the unsecured green […] Continue Reading
SalMar Q1 production falls in Norway and Iceland
Norwegian salmon farmer SalMar harvested 36,900 gutted weight tonnes of salmon in Norway and Iceland in the first quarter of this year, the company reports. SalMar’s market update for Q1 […] Continue Reading
SalMar reports ‘satisfactory’ Q4 although profits are down
Salmon farming giant SalMar today announced a “satisfactory” final quarter operational EBIT or profit of NOK 413.8m (£35m) . The figure is down 37% on the 2019 Q4 EBIT of […] Continue Reading
Scottish Sea Farms smiling again
Scottish Sea Farms enjoyed a far better year in 2020, producing an operating profit of NOK 308m (£26m), up from NOK 292m (£24.6m) in 2019, the company’s accounts show. Revenues […] Continue Reading
SalMar picks Krüger Kaldnes for Tjuin hatchery
Norwegian salmon giant SalMar is teaming up with recirculating aquaculture systems (RAS) specialist Krüger Kaldnes to build what will be the world’s biggest smolt hatchery. The Tjuin land-based hatchery in […] Continue Reading
SalMar reports increased harvest volumes
Norwegian Salmon farming giant SalMar last night unveiled a 3,000 tonne plus increase in its harvest figures for the final quarter of 2020. The total figure is 43,600 tonnes for […] Continue Reading
Grieg could raise up to £125m from Shetland sale, analysts say
The sale of Grieg Shetland could net the parent company up to £125 million, analysts in Oslo are predicting. They put the price on Grieg Seafood’s Scottish operations at between […] Continue Reading
SalMar reports profits up for Q3 2020
Fish farming giant SalMar has delivered exceptionally strong third quarter results, with a better than anticipated performance from its associate business Scottish Sea Farms, in which it has a 50 […] Continue Reading
Arnarlax goes public and changes name
AFTER more than a decade as Arnarlax, Iceland’s largest salmon farming company, is changing its name to Icelandic Salmon AS. It is thought the new name, which will apply to […] Continue Reading