Algae outbreak costing Norway billions of kroner
NORWAY’S fisheries minister is to hold an urgent meeting with the salmon farming industry as it was disclosed losses from a major algae outbreak this week could reach more than […] Continue Reading
SSF profits drop but Orkney performs well
SALMON farming giant SalMar has reported reduced revenues and profits from its Scottish Sea Farms operations in the first quarter of 2019, the group’s latest figures show today. Q1 revenues […] Continue Reading
Scottish Sea Farms ‘satisfactory’ in Q1
LERØY Seafood yesterday reported a ‘satisfactory result’ from its Scottish Sea Farms operations, which is shares with fellow Norwegian salmon giants SalMar, during the first quarter of this year. But […] Continue Reading
Demand strong but costs high: Lerøy
LERØY Seafood Group, co-owners of Scottish Sea Farms, has said in its 2018 annual report today that it expects good underlying demand for seafood but costs are still too high. […] Continue Reading
SalMar upbeat about Scottish Sea Farms
NORWEGIAN fish farming giant SalMar said 2018 had been a good year for Scottish Sea Farms, the UK business it part owns with Lerøy Seafood. In its annual report, SalMar […] Continue Reading
Top salmon farmer denies price fixing
MANY of Norway’s biggest salmon companies are being sued in the US over alleged price fixing, according to reports yesterday. The move follows raids by European Commission officials in February […] Continue Reading
What Iceland can learn from Norway
ICELAND’S annual aquaculture conference, which begins today, has invited a leading Norwegian industry analyst to address delegates. Dag Sletmo, DNB senior vice president and seafood analyst, will speak at the […] Continue Reading
EU raids cost salmon firms millions
ALMOST seven billion kroner (about £625 million) has been wiped off the value of a number of Norwegian salmon farming companies following a series of inspections by EU officials in […] Continue Reading
SalMar to accelerate Iceland expansion
SALMAR has announced it is to speed up the development of its Icelandic salmon business Arnarlax after it completed securing a majority stake in the company today. The Norwegian salmon […] Continue Reading