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 chief financial officer Tuvstein resigns Trond Tuvstein, chief financial officer of Norwegian salmon farmer SalMar, has notified the company that he is resigning from his position, the company announced today.
SalMar harvests 40,500 tonnes in Q4 2018 Fish farmer SalMar harvested 40,500 gutted weight tonnes of salmon in its Northern Norway and Central Norway regions in the final quarter of 2018.
Q3 earnings fall by £7.7m for Scottish Sea Farms Scottish Sea Farms harvested fewer fish and generated lower gross operating revenues of NOK 547.3 million (£49.8m) in the third quarter of this year, compared with the corresponding period in 2017 when it earned NOK 631.9m (£57.5m).
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 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.
Arnarlax results affected by high mortality Icelandic salmon farmer Arnarlax has suffered high fish mortality which has impacted its results for the second quarter of 2018. Arnarlax also harvested lower volumes and experienced high underlying costs.
SalMar announces £63m factory in northern Norway SalMar, co-owner of Scottish Sea Farms, is to spend NOK675 million (£63m) on a salmon slaughter and processing plant at Lenvik municipality in Troms, northern Norway.
SSF 'producing well' says joint owner SalMar Scottish Sea Farms (SSF) generated gross operating revenues of NOK479.3 million (£44.5m) in the second quarter 2018, according to a financial report published by co-owner SalMar today.
Norwegian salmon licence auctions raise NOK2.9bn Fourteen salmon farmers have spent a total of NOK2.9 billion (£270m) to buy new biomass licences in auctions held by the Norwegian government.
Scottish Sea Farms owners report on record year The Norwegian co-owners of Scottish Sea Farms – Lerøy and SalMar – both published their annual reports today.
SalMar buys into plan for huge high seas salmon farm SalMar, which owns the world’s first offshore salmon farm, Ocean Farm 1, has announced ambitions to be build an even bigger facility capable of holding more than 12,000 tonnes of fish.
SalMar names former SSF manager Ervik as new CEO SalMar has announced that its farming director, Olav-Andreas Ervik – a former Shetland regional manager for Scottish Sea Farms – will take over as new chief executive tomorrow after current boss Trond Williksen decided to step down.
Salmar improves for fourth consecutive quarter Salmar - co-owner of Scottish Sea Farms - has delivered improvement in underlying operations and reduced costs for the fourth quarter in a row. However, high levels of treatment in central Norway and rising pressure in northern Norway will affect the cost side ahead, the company says in its report for the fourth quarter of 2017.
