Gigante Salmon encounters high mortality in smolt release

Norwegian land-based salmon farmer Gigante Salmon has reported “significant mortality” with its second smolt batch. The company said in its 2023 Q4 report that the first delivery went very well, but there were problems with the second delivery at its Rødøy facility in the north of the country. It said: “We will return with an…

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Norway to spend £36m promoting seafood around world

The Norwegian Seafood Council will spend a record NOK 483 million (£36m) this year promoting the country’s seafood. The council is targeting 28 countries around the world and once again more than half that figure will go towards pushing salmon and trout. Børge Grønbech, the Council’s Director of Global Operations said: “The investments will, across…

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Gåsø moves back into salmon with large Måsøval stake

Helge Gåsø, founder and former head of the NTS Group fish farming company,  is back in the salmon business – and in a big way. His investment company, Frøy Kapital, has purchased thousands of shares in Måsøval, a significant salmon farmer in central Norway. Måsøval also has interests in Iceland. An announcement on the Oslo…

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Fish health: your questions please

On Wednesday 24 January at 11.30am GMT, Fish Farmer magazine will be hosting a panel of experts to discuss fish health issues, in the first Aqua Agenda webinar. The discussion will cover the lessons that have been learned since 2022 for salmon farming in Scotland, what the outcomes looked like in 2023 and what the prospects…

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Chile’s Nova Austral saved from liquidation

Chilean salmon farmer Nova Austral has been saved from the immediate threat of liquidation. The long-running saga came to an end last night after the bondholders voted in support of a reorganisation agreement drawn up late last year. An announcement on the Oslo Stock Exchange said: “Following the Issuer’s presentation of the Reorganisation Agreement, Nordic…

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US is now Norway’s main consumer market for seafood

Norway exported fish to a record 153 countries last year, figures from the country’s Seafood Council show. Norway’s seafood exports amounted to a total of NOK 33 billion (£2.5bn) in 2023. The United States is now the largest “non-processing” market – and it is still growing – but the UK is also buying more seafood…

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Mowi Scotland’s Q4 harvest unchanged at 10,500 tonnes

Mowi Scotland harvested 10,500 tonnes of salmon in the final quarter of 2023. The figure was unchanged from the equivalent quarter the year before but the operation produced a loss, a trading update from the company today shows. Globally, Mowi – the world’s largest salmon farmer – produced 129,000 tonnes during the period and a…

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Jellyfish scourge hits Grieg final quarter results

Jellyfish attacks in Norway, ulcer problems and other issues impacted on Grieg Seafood’s fourth quarter results, a trading update from the company today shows. Grieg said the harvest volume for the final period was approximately 21,800 tonnes, slightly up on the previous year but the company did not have fish from Newfoundland a year ago.…

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Salmon rides high as shrimp producers struggle, Rabobank says

Salmon will hold on to its position as the most profitable sector in aquaculture through 2024, while shrimp farmers are set to face continuing challenges. That’s the prediction in the latest Global Aquaculture Update from Netherlands-based Rabobank. Subtitled “The new normal”, the forecast for H1 2024 says the global salmon industry will continue to be…

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Researching complex gill disease in Atlantic salmon

Moredun is helping to find ways to improve salmon gill health Moredun Scientific’s scientists are developing experimental models of gill diseases in Atlantic salmon (pictured). The gills of Atlantic salmon play a key role in physiological processes. Their structure enables efficient transfer between blood and the water environment, but the gills may be exposed to…

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