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AKVA’s Q4 losses much bigger than first thought

AKVA’s Q4 losses much bigger than first thought

International aquaculture equipment supplier AKVA today announced that losses for the fourth quarter of last year will be much higher than previously reported because of “serious breaches” of project accounting policies in its Land Based segment.

Mørenot buys into cage market

Mørenot buys into cage market

Norwegian aquaculture supplier Mørenot has acquired Danish salmon pen maker and fishing net producer Hvalpsund Net as part of its continuing expansion plans.

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Tough salmon feed market pegs back BioMar earnings

Tough salmon feed market pegs back BioMar earnings

Feed producer BioMar Group said today that it had increased revenue and volumes in 2018 but earnings (EBITDA) did not keep pace due to competition in the salmon feed market in Norway.

Danish salmon processor folds after fake safety checks are exposed

Danish salmon processor folds after fake safety checks are exposed

Danish salmon processing company Jelex Seafood has gone bankrupt after Danish TV2 programme Operation X revealed that it had falsified listeria analyses, according to a report by Danish online newspaper Finans.dk.

Aller Aqua joins Danish insect production project

Aller Aqua joins Danish insect production project

Fish feed manufacturer Aller Aqua has joined a partnership to establish Denmark’s first industrial insect production. The goal is to produce 30 tons of insects per day four years from now.

Atlantic Sapphire ready for first eggs before end of year

Atlantic Sapphire ready for first eggs before end of year

The company building the world’s biggest on-land salmon farm plans to bring eggs into the first phase of the Miami site in the final quarter of this year.

Salmon smoker chooses lower-plastic packs

Salmon smoker chooses lower-plastic packs

Danish seafood processor Vega Salmon A/S has adopted new packaging which its makers say has up to 75% less plastic than the plastic skin trays commonly used for fish.

BioMar boosts hatchery research capacity

BioMar boosts hatchery research capacity

Feed manufacturer BioMar has increased its hatchery research capabilities by adding a marine fish larval trial unit at its Aquaculture Technology Centre in Hirtshals, Denmark.

Land farm’s entire grow-out stock wiped out

Land farm’s entire grow-out stock wiped out

A land-based salmon farm has lost 250 tonnes of fish – its entire grow-out stock – in under 24 hours after being hit by a “sudden and unexpected” mortality.