SalMar warns of lower price achievement

SalMar, the world’s second largest Atlantic salmon farmer, has announced an increased 2024 first quarter harvest – but it says biological challenges have hit average weight and quality. The group harvested 52,900 tonnes during the January to March period against 49,800 tonnes in the same period last year. It also said that the influences of…

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SalMar launches NOK 500m ‘Salmon Living Lab’

Aquaculture group SalMar has launched an ambitious innovation and research initiative, aimed at bringing different players in the salmon industry together for collaboration. SalMar is calling on industry leaders and others involved with salmon to come together in what it calls “Salmon Living Lab”, to share and learn. Cargill, the global food corporation, is the…

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Expansion go-ahead for two Icelandic salmon companies

TWO major Icelandic salmon farming companies have been granted licences to produce an extra 18,000 tonnes of fish. MAST, Iceland’s veterinary authority, has given Arnarlax the go-ahead to farm an additional 10,000 tonnes of sterile salmon in the Isafjord area, in the north-west of the country. It has also awarded Arctic Sea Farm a new…

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Scottish Sea Farms situation beginning to improve, SalMar reports

Scottish Sea Farms could be turning the corner with its biological problems, new figures suggest today. The business has still to get back into profit, however. SalMar, which jointly owns the business with the Leroy Seafood Company, says in its 2023 fourth quarter report that SSF (also known as Norskott Havbruk) showed an improvement from…

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Solid Q4 performance from SalMar

SalMar, the world’s second largest Atlantic salmon farmer, produced “very solid results” during the final quarter of last year, figures published today show. The company plans to pay NOK 4.6bn (around £345m) in dividends for the whole year. SalMar announced a Q4 group operational EBIT or operational profit of NOK 2.16bn (£162m), up nearly 115%…

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BREAKING – Norway’s salmon ‘big six’ did violate rules, says EU

The European Commission believes that six leading Norwegian salmon producers breached EU anti-trust rules by colluding to distort competition in the market for spot sales of Norwegian farmed Atlantic salmon in the EU. The Commission has advised the producers concerned that this is its “preliminary” view. The companies named are Mowi, SalMar, Grieg Seafood, Bremnes Seashore,…

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Jellyfish force SalMar into harvest forecast reduction

The salmon farming giant SalMar has been forced to lower its 2023 harvest forecast by 5,000 tonnes due to jellyfish attacks earlier this month. It has also had to prematurely destroy some 600,000 fish in Norway as a direct result of the attacks. Salmar’s 2023 forecast for central Norway is now 142,000 tonnes and 92,000…

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Pump error toll was worse than first feared

Salmon producer SalMar has admitted that it lost around 200,000 small fish in a “mechanical incident” at its Jovika site on the island of Senja, near Tromsø, Norway recently. The fish weighed around seven grams. The loss is thought to be considerably higher than the initial estimate, when the incident was first discovered. In a…

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SalMar loses salmon in jellyfish attack

Around a million young salmon have been lost at a SalMar site in Senja, Norway during a jellyfish incident, it has been disclosed. SalMar said in a statement last night that in mid-November its fish farmers at the location Ørnfjordbotn in Senja observed a significant and threatening influx of (what are known in Norway as)…

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Arnarlax owner faces high lice bill

A recent serious salmon lice infestation could cost the Icelandic Salmon company (also known as Arnarlax) up to £5m, the business has reported. Last month Icelandic Salmon decided to take out significant volumes of fish from Tálknafjörður in the Westfjords region of Iceland. Icelandic Salmon, which is owned by Norway’s SalMar, said: “This will have…

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