Everyone should own salmon shares says analyst
THE salmon farming sector can look forward to a better year in 2020, a leading Norwegian investment analyst has predicted. And Tore Tønseth, at Spare Bank 1 Markets, is also […] Continue Reading
Salmon diseases hit Iceland and Norway
FOOD safety and marine health organisations in Norway and Iceland are this week battling with suspected salmon related diseases on at least three fronts. They involve ISA or infectious salmon […] Continue Reading
US salmon probe shakes Oslo shares
SEAFOOD shares on the Oslo Stock Exchange dropped sharply yesterday after it was revealed that three of Norway’s largest salmon companies are facing a United States criminal investigation over allegations […] Continue Reading
Lerøy reports new Scottish RAS facility on track
LERØY Seafood said today that the new Barcaldine RAS facility at its Scottish Sea Farms operation was on track, with fish moving through the site and the first release of […] Continue Reading
Scottish Sea Farms Q3 results disappoint SalMar
SALMAR’S Scotland operations, which it shares with Lerøy Seafood, produced disappointing results this summer, the salmon farming giant’s third quarter results show today. Although Scottish Sea Farms, or Norskott Havbruk […] Continue Reading
SalMar owner takes over CEO role
THE owner and co-founder of Norwegian salmon farmer SalMar has been appointed its new CEO. Gustav Witzøe will replace Olav Andreas Ervik, who will become managing director of the new […] Continue Reading
Iceland’s largest salmon farmer posts €16m loss
ICELAND’S largest salmon farming company, Arnarlax, in which Norway’s SalMar has a majority stake, posted a loss of 16 million euros for last year, several times the figure for 2017. […] Continue Reading
Price slump hits Norwegian salmon companies
THE stock market value of Norway’s main fish farming companies has suffered unusually large falls over the past week as the spot price of salmon continues to drop back. The […] Continue Reading
Iceland salmon farmers win back licences
TWO Icelandic salmon farming companies which had their development plans put on hold a year ago following objections from environmental groups have been handed back their operating licences. Iceland’s Food […] Continue Reading