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Salmon giant SalMar doubles Hydrolicer capacity

Salmon giant SalMar doubles Hydrolicer capacity

Norwegian salmon farming heavyweight SalMar has ordered two new Hydrolicer delousing systems from Smir AS.

Salmon price-fixing case heads back to court

Salmon price-fixing case heads back to court

The latest chapter in a tale of alleged price fixing that began with raids on the Scottish offices of Norwegian salmon farmers more than two years ago was due to be written in a courtroom in the United States today.

Scottish Sea Farms owners harvested almost 73,000 tonnes of fish in Q2

Scottish Sea Farms owners harvested almost 73,000 tonnes of fish in Q2

Norwegian salmon farming heavyweights SalMar and Lerøy, which each own a 50% stake in Scottish Sea Farms, harvested 36,600 gutted weight tonnes and 36,700 gwt of fish respectively in the second quarter of 2021, the companies said in market updates today.

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.

Profit and volume up in Q1 for Scottish Sea Farms

Profit and volume up in Q1 for Scottish Sea Farms

Scottish Sea Farms made an operating profit of around NOK 74 million (£6.3m) in the first quarter of this year, a 76% increase on the NOK 42m made in the same period last year, due to a larger harvest volume and revenues, co-owner SalMar said in its Q1 report today.

Icelandic Salmon buys hatcheries as it eyes 7,000t volume increase

Icelandic Salmon buys hatcheries as it eyes 7,000t volume increase

Iceland’s biggest salmon farmer, Icelandic Salmon, has signed purchase agreements for two smolt/post-smolt facilities at Hallkelshólar and in Þorlákshöfn (Thorlakshofn) in the south west of the country as it gears up for an expected increase in capacity.

Scottish Sea Farms director nominated as SalMar chairman

Scottish Sea Farms director nominated as SalMar chairman

The chairman of salmon farmer Scottish Sea Farms, Leif Inge Nordhammer, has been put forward for the same role at one of its two Norwegian owners, SalMar.

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.

SalMar chooses second hybrid wellboat

SalMar chooses second hybrid wellboat

A second hybrid-power wellboat is to be built to go into service for Scottish Sea Farms co-owner SalMar in Norway.

SalMar harvested 36,900 tonnes in Q1

SalMar harvested 36,900 tonnes in Q1

Scottish Sea Farms co-owner SalMar harvested 36,900 gutted weight tonnes of salmon in Norway and Iceland in the first quarter of this year, it said in a market update.

SalMar seeks to raise €250m with green bond issue

SalMar seeks to raise €250m with green bond issue

Norwegian salmon farmer SalMar, which co-owns Scottish Sea Farms, is seeking to raise up to €250 million (£215m) through a bond issue.

How SalMar has halved lice treatment mortality

How SalMar has halved lice treatment mortality

A strong focus on details and teamwork has helped Norwegian salmon farmer SalMar almost halve the number of fish that die as a result on mechanical delousing operations.

Scottish Sea Farms' profit fell 38% to £21.1m last year

Scottish Sea Farms' profit fell 38% to £21.1m last year

Scottish Sea Farms made a pre-tax profit of NOK 143 million (£21.1m) last year, a drop of almost 38% on the NOK 229m made by the Norwegian-owned salmon producer in 2019.

Scottish Sea Farms increases Q4 earnings by 55%

Scottish Sea Farms increases Q4 earnings by 55%

Scottish Sea Farms made an operating profit of around NOK 76 million (£6.43m) before biomass adjustment in the fourth quarter of 2020, an increase of 55% compared to the NOK 49m earned in the same period in 2019.

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