Posts Tagged ‘salmon farming’
Mowi reports major Q2 progress in Scotland
AS Mowi today announced its ‘best ever’ second quarter results, the world’s largest salmon farmer also reported major progress at its Scottish operations in both harvest output and earnings. Globally, Mowi achieved an operational EBIT of 211 million euros, compared with €175 million for the same quarter last year, but Scotland contributed almost a fifth…
Read MoreBrave William loses cancer battle
IT is with great sadness that Fish Farmer announces the death of William Dowds, our former commercial manager and a legendary figure throughout the industry for many years. William passed away on Saturday night, aged 52, after a long battle with cancer. Originally from Northern Ireland, he worked for international brands such as Coca-Cola, Diageo…
Read MoreTromsø faces key fish farm election fight
WITH local elections looming in less than two months, politicians in Tromsø are gearing up for a heated fight over future methods of fish farming in the municipality. The council of the northern Norwegian city sent shockwaves through the industry last November when it ruled that all future aquaculture development should be in closed and…
Read MoreSalmon farm planned for landlocked Lesotho
THE southern African landlocked kingdom of Lesotho is to farm salmon in plans announced today by RAS company Pure Salmon. A US$250 million land based farm with capacity for 20,000 tonnes will be developed in partnership with the Lesotho National Development Corporation (LNDC). If successful, the venture could produce annual revenues accounting for eight per…
Read MoreMowi expects to move sites within two years
PLANS by Mowi Scotland to relocate two of its inshore farms to offshore sites could happen within two years, the company’s managing director, Ben Hadfield, told BBC Radio Scotland this morning. The proposals, announced by Mowi last week, to move the sites at Loch Ewe and Loch Duich were driven by the need to produce…
Read MoreInvestors urged to back thriving Lerøy Seafood
INVESTORS are being urged by a leading global financial advice organisation to ‘run towards’ the Lerøy Seafood Group (LSG) , the big Norwegian salmon farming and fishing company. The advice, from financial technology company Simply Wall St, described Lerøy, which owns a half share in Scottish Sea Farms, as a business whose year on year…
Read MoreScottish Sea Farms scores awards hat-trick
IT was Scottish Sea Farms’ night at Aquaculture Awards 2019 yesterday, with the company picking up three coveted prizes at a special ceremony in Edinburgh. And the evening also saw Fish Farmer\’s William Dowds receive special recognition for his contribution to aquaculture. First up for Scottish Sea Farms (SSF) was the Applied Research Breakthrough award,…
Read MoreAlgae 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 two billion kroner – or around £200 million. The state broadcaster NRK said that nothing has been seen like it for decades and millions of…
Read MoreSSF 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 fell from NOK 519 million (£46.6 million) in 2018 to NOK 405 million (£36.3 million) this year, while pre-tax profits dropped from NOK 178 million…
Read MoreSalmon farms are the victim of wild claims and myths
PANORAMA used to be the ‘window on the world’, where Richard Dimbleby, the father of current affairs television, established the standards of BBC excellence. What would he have made of Monday night’s ‘expose’ on salmon farming in Scotland, a programme that came up with a title and then set out to prove its premise without…
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