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Scottish Sea Farms generated higher revenues and turned loss into profit for the Norwegian salmon giant SalMar during the first quarter of this year, figures show today. SalMar, which announced […] Continue Reading
Leif Inge Nordhammer is set to become the next Chairman of fish farming giant SalMar, subject to a shareholders’ vote at the company’s annual general meeting in June. Nordhammer is […] Continue Reading
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
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
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 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
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
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
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