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Lower profit but higher margin for Scottish Sea Farms in 2020

Lower profit but higher margin for Scottish Sea Farms in 2020

Scottish Sea Farms managed to increase its profit margin from 15% to 16% in 2020 despite turnover dropping by almost £22.6 million to £139m during the Covid-affected year.

Pump breakdown blamed for early end of semi-closed cage trial in Canada

Pump breakdown blamed for early end of semi-closed cage trial in Canada

A technical fault that resulted in salmon farmer Cermaq’s decision to call an early halt to a growth trial in a floating semi-closed containment system (SCCS) in British Columbia, Canada was related to the breakdown of a pump, the company has told Fish Farming Expert.

Grieg harvested 20,500 tonnes in Norway and BC

Grieg harvested 20,500 tonnes in Norway and BC

Salmon farmer Grieg Seafood harvested 16,200 gutted weight tonnes of fish in Norway and 4,300 gwt in British Columbia, Canada in the third quarter of this year, it said in a market update today. The total harvest of 20,500 gwt is close to the 20,700 gwt that Grieg had guided for the report in its Q2 report.

How a diver netted a second fish farming career

How a diver netted a second fish farming career

Guy Tindall from Shetland has always had a love of the water, so starting his career as a commercial diver for Grieg Seafood was a natural first step into aquaculture. But after 10 years of working at depth every day, the physical strain was beginning to take its toll on Tindall, who was then 40, and he decided to change career.

SalMar Q3 harvest rose by 40% year on year

SalMar Q3 harvest rose by 40% year on year

Salmon farming heavyweight SalMar, which co-owns Scottish Sea Farms, harvested 52,100 tonnes (gutted weight) of fish in Norway and Iceland in the third quarter of this year, it said in a market update today.

Covid, Brexit and biology blamed for salmon farmer’s £19.4m loss

Covid, Brexit and biology blamed for salmon farmer’s £19.4m loss

The Scottish Salmon Company Limited (SSC) made a pre-tax loss of almost £19.4 million last year, compared to a pre-tax profit of £19.5m in 2019, recently published accounts show.

Clean energy solution planned for Scotland’s salmon farmers

Clean energy solution planned for Scotland’s salmon farmers

A project to develop an energy and cost-efficient power management system for the aquaculture sector has secured up to £129,428 investment from Highlands and Islands Enterprise (HIE).

LiftUP sucked in by pump maker Framo

LiftUP sucked in by pump maker Framo

Norwegian equipment supplier LiftUP – best known for its mort collection system - has become part of pump manufacturer Framo after being bought by Framo’s parent company, Alfa Laval.

Cermaq chief executive to step down next year

Cermaq chief executive to step down next year

Global salmon farmer Cermaq today announced that chief executive Geir Molvik will step down at the end of February next year. He will be replaced by Steven Rafferty, currently managing director of Cermaq Chile.

NRS boss Høstlund resigns as SalmoNor merger looms

NRS boss Høstlund resigns as SalmoNor merger looms

Norway Royal Salmon (NRS) chief executive Charles Høstlund has resigned from his position, the company announced today.

Camanchaca to raise $30m to fund algae-resistant farming model

Camanchaca to raise $30m to fund algae-resistant farming model

Chilean salmonid producer Salmones Camanchaca has announced plans to raise US $30 million (£22.3m) to rebuild biomass after fish losses caused by an algal bloom and to make it less susceptible to future algae events.

Israeli investor taking 15% stake in AKVA group

Israeli investor taking 15% stake in AKVA group

Israel Corp., a listed Israeli investment company, has agreed to buy around 15% of the shares in Norwegian aquaculture technology supplier AKVA group. This means that AKVA group will receive around NOK 300 million (£25.6m) in new funds.

Cooke didn’t break the rules at die-off sites, says Maine environment watchdog

Cooke didn’t break the rules at die-off sites, says Maine environment watchdog

Cooke Aquaculture has been cleared of any permit violations or violations of the Clean Water Act in relation to the die-off of almost 116,000 fish at two neighbouring salmon farms off the coast of the US state of Maine in August.

Sea Lice Online recordings now available on YouTube

Sea Lice Online recordings now available on YouTube

The organiser of the Sea Lice Online 2021 conference held earlier this month has made recordings on the event available on YouTube.

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