Posts Tagged ‘Scottish Sea Farms’
SalMar reports profits up for Q3 2020
Fish farming giant SalMar has delivered exceptionally strong third quarter results, with a better than anticipated performance from its associate business Scottish Sea Farms, in which it has a 50 per cent share with Leroy Seafood. In what has been toughest quarter yet for salmon farmers, the group today announced an operational EBIT of NOK…
Read MoreScottish Sea Farms makes case for Wester Ross site
Scottish Sea Farms says that its proposed facility off Wester Ross will take full account of the needs of the Wester Ross marine protected area (MPA). Responding to an objection lodged by the Scottish Wildlife Trust, Scottish Sea Farms’ managing director Jim Gallagher said: “It’s absolutely right that sensitive habitats and species be protected and…
Read MoreLobby group objects to Wester Ross farm plan
The Scottish Wildlife Trust has objected to Scottish Sea Farms’ proposed fish farm development off Wester Ross, north-west Scotland. The company has applied to the Scottish Environmental Protection Agency (SEPA) for a licence to site a 12-cage salmon farm close to Horse Island in the Summer Isles. The Trust, a not-for-profit organisation, says it is…
Read MoreScottish Sea Farms seeks fresh \’star\’
Scottish Sea Farms (SSF) Head of Freshwater Farming, Pål Tangvik, is to leave the company and return to his homeland of Norway, having successfully fulfilled his mission of delivering the company’s first full generation of RAS-grown smolts. The veteran Norwegian fish farmer joined the company in December 2014 from Lerøy Seafood Group, which co-owns Scottish…
Read MoreScottish Sea Farms seeks fresh \’star\’
Scottish Sea Farms (SSF) Head of Freshwater Farming, Pål Tangvik, is to leave the company and return to his homeland of Norway, having successfully fulfilled his mission of delivering the company’s first full generation of RAS-grown smolts. The veteran Norwegian fish farmer joined the company in December 2014 from Lerøy Seafood Group, which co-owns Scottish…
Read MoreSSF serves up profit for SalMar
Following losses at the start of the year, Scottish Sea Farms (SSF) produced a modest second quarter profit for salmon farming giant SalMar, the Norwegian company has revealed in its latest financial report. SSF, also known as Norskott Havbruk and which SalMar shares with the Lerøy Seafood Group, returned revenues of NOK 465 million (£39.4…
Read MoreOcean Farm 1 gets new licences
THE salmon farming group SalMar has been give the go-ahead to convert eight development permits into fish production licences for its giant revolutionary offshore ‘sea cage’ known as Ocean Farm 1. The decision by the Norwegian Directorate of Fisheries, follows a comprehensive investigation and full report which is open to examination. The announcement was welcomed…
Read MoreScottish Sea Farms pay back furlough funds
Scottish Sea Farms has announced that it will repay all money received from the UK Government’s Coronavirus Job Retention Scheme as markets re-open and business performance begins to show signs of bouncing back. The company will pay back in full the furlough scheme funding, which provided vital support at the start of the COVID-19 restrictions,…
Read MoreLeroy sees Q1 profits increase
LERØY Seafood, co-owners of Scottish Sea Farms operations, today reported a substantial increase in revenues and operational profits for the first quarter of this year. Income was up from 4,746 million kroner (£381-million) in Q1 2019 to NOK 5,305 million (£426m)million this time, while the operating profit before fair value adjustment related to biological assets…
Read MoreResearchers address global gill health challenge
RESEARCH that will address global gill health issues in farmed salmon is being undertaken on sites in Scotland and Tasmania, Australia. The project aims to improve the monitoring and treatment of gill disease, which is one of the aquaculture sector’s biggest challenges. A Scottish consortium – which comprises Scottish Sea Farms, the University of Aberdeen,…
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