Norway to resume China trade as seafood sales rise The value of Norway seafood sales soared by NOK 888 million (£82m) to NOK 7.6 billion (£700m) last month, fuelled by demand for salmon in Asia.
Russian aquaculture production leaps by 11 per cent Aquaculture production in Russia reached 172,100 tonnes last year, an 11 per cent increase on 2015, according to the latest data from the USDA Foreign Agriculture Service.
Boom year for Scottish shellfish Mussel production last year rose by 6 per cent to 7,732 tonnes, the highest level ever recorded.
Bakkafrost earnings up 43% after 'eventful' Q1 An “eventful” first quarter of 2017 saw salmon producer Bakkafrost Group’s farming segment deliver an operational EBIT of DKK 373.2 million (£43 million) – up 43 per cent on Q1 in 2016.
Høstlund hails record Norway Royal Salmon profits Norway Royal Salmon (NRS) today reported the highest quarterly earnings and profits for a first quarter in the history of the group.
Salmon production poised to double in south Chile Salmon production is tipped to double to 140,000 tons in Chile’s Magallanes region within the next five or six years.
Record prices for Scottish Salmon Company The Scottish Salmon Company has reported the best EBIT/kg in its history as first quarter 2017 revenues reached £35 million, up from £29.1m in 2016.
Lerøy reports record profits despite high costs Lerøy Seafood Group has reported record Q1 profits but warned that costs remain “extremely high”.
Marine Harvest chief hails record profits in Scotland Marine Harvest chief executive Alf-Helge Aarskog hailed the performance of its Scottish division as he unveiled record first quarter profits.
Easter shift dents Norway seafood exports The country’s seafood exports plunged last month, with volumes down 23 per cent and values down 7 per cent compared with April 2016. But year to date export volumes are at the same level as last year, and the value has increased by 8 per cent.
SalMar chief hails record profits of £240m Trond Williksen, president and chief executive of the SalMar Group, hailed 2016 as “a very good year” as the company reported record annual net profits of NOK 2,651 million (£240 million).
Irish aquaculture production soars Salmon and oysters helped to lift aquaculture production in Ireland by 9 per cent last year to reach 44,000 tonnes, according to the latest figures from the country’s seafood development agency BIM.
Grieg Seafood hits an all-time high Good revenues from Grieg Seafood Group’s operations in Shetland – in spite of high mortality caused by algae, sea lice and gill problems – helped make 2016 the best year in the company’s history.
Marine Harvest update highlights Scottish boost A trading update issued by salmon producer Marine Harvest has highlighted the significant contribution made by its Scottish operations in the first quarter of 2017.
