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SalMar’s £234m share issue may lead to quicker option for a Scottish offshore farm

SalMar’s £234m share issue may lead to quicker option for a Scottish offshore farm

The likelihood that Scotland will have an offshore salmon farm similar to Norway’s Ocean Farm 1 has been strengthened following a new share issue by Scottish Sea Farms co-owner SalMar that raised NOK 2.71 billion (£234 million) gross.

Coming soon? Ocean Farm 2 and a 23,000t super-cage

Coming soon? Ocean Farm 2 and a 23,000t super-cage

Ocean Farm 1 pioneer SalMar may have several units of an updated version of the huge cage in operation by 2024, it said in its annual report published today.

UK-based marine consultant enters Chinese offshore aquaculture partnership

UK-based marine consultant enters Chinese offshore aquaculture partnership

A global consultancy that helped Norwegian salmon farmer SalMar transport Ocean Farm 1 from China to Europe is becoming more involved in offshore aquaculture.

SalMar applies for open sea site for 19,000t fish farm

SalMar applies for open sea site for 19,000t fish farm

Salmon farmer SalMar has applied for permission to site its planned Smart Fish Farm (SFF) in an area of open sea between 30 and 70 miles off the Norwegian coast.

Second escape from Ocean Farm 1

Second escape from Ocean Farm 1

The Norwegian Fisheries Directorate was today due to inspect SalMar’s Ocean Farm 1 salmon farm after the company reported a fish escape yesterday.

Permit conversion anchors the future for Ocean Farm 1

Permit conversion anchors the future for Ocean Farm 1

The eight temporary development permits granted to SalMar’s pioneering Ocean Farm 1 have been converted into ordinary commercial food fish permits by Norway’s Fisheries Directorate.

SalMar wants permanent licences for Ocean Farm 1

SalMar wants permanent licences for Ocean Farm 1

Norwegian salmon farmer SalMar has applied to convert the temporary development licences for its pioneering Ocean Farm 1 into permanent, regular permits.

Scottish Sea Farms plans an Ocean Farm in Scotland

Scottish Sea Farms plans an Ocean Farm in Scotland

Scottish Sea Farms today announced that it wants to trial Scotland’s first open ocean farm and has the financial backing of owners SalMar and Lerøy for the project.

Change at the top of SalMar

Change at the top of SalMar

Norwegian salmon farmer SalMar, which owns 50% of Scottish Sea Farms, has announced that president and owner Gustav Witzøe will take over as chief executive from today.

Suspected ISA at Ocean Farm 1

Suspected ISA at Ocean Farm 1

Norwegian salmon farmer SalMar has reported the suspected presence of infectious salmon anaemia (ISA) at its pioneering Ocean Farm 1 cage.

Ocean Farm 1 escape total worked out at 16,000

Ocean Farm 1 escape total worked out at 16,000

Around 16,000 salmon escaped from SalMar’s experimental Ocean Farm 1 cage last September, it has been revealed.

Ocean Farm 1 fish looking good ahead of harvest

Ocean Farm 1 fish looking good ahead of harvest

The first generation of salmon grown in SalMar’s revolutionary Ocean Farm 1 will be ready for harvest within the next couple of weeks, and the crop looks good, chief executive Olav-Andreas Ervik has said.

Salmar tightens procedures after Ocean Farm 1 escape

Salmar tightens procedures after Ocean Farm 1 escape

The chief executive of Norwegian salmon farmer Salmar, which owns the pioneering Ocean Farm 1, says the company has thoroughly reviewed and tightened operational routines following a fish escape from the facility in early September.

Fish escape from Ocean Farm 1 as structure tilts

Fish escape from Ocean Farm 1 as structure tilts

A small number of salmon escaped from SalMar’s flagship project, Ocean Farm 1, on Monday after the structure tilted and the top on the internal net dipped below the water line.