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Jellyfish and warm water blamed as Huon profits plunge by 64%

Jellyfish and warm water blamed as Huon profits plunge by 64%

Tasmanian salmon farmer Huon Aquaculture has reported a much-reduced net profit after tax (NPAT) of AU$9.5 million (£5.3m) for the financial year ended June 30, 2019 – a 64% drop on the AU$26.4m made in the 2018 full year.

Tasmanian salmon under microscope after Australian listeria deaths

Tasmanian salmon under microscope after Australian listeria deaths

Tasmanian salmon producers have emphasised the stringency of their food production safety procedures in the wake of a fatal listeria outbreak in Australia.

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Ridley opens £28m aquafeed plant

Ridley opens £28m aquafeed plant

Australian feed manufacturer Ridley Corporation has officially opened its Aus$50 million (£28m) feed plant in Westbury, Tasmania.

Huon bids to cut time at sea with 1kg nursery salmon

Huon bids to cut time at sea with 1kg nursery salmon

Tasmanian salmon farmer Huon Aquaculture has achieved weights of more than 1kg for fish grown at its Aus$43.7 million (£24.4m) Whale Point on-land nursery, it said in a market update today.

Huon reports 99.9% survival of first salmon from nursery

Huon reports 99.9% survival of first salmon from nursery

Tasmanian salmon farmer Huon Aquaculture has reported a first-week post-transfer survival rate of more than 99.9% for post-smolts on-grown at its Aus$43.7 million (£24.4m) Whale Point facility, Australia’s first onshore salmon nursery.

Come aboard the world’s largest wellboat

Come aboard the world’s largest wellboat

As the world’s largest wellboat, the Ronja Storm will not be just a few metres or tonnes larger than the current holder of the title. It defines its very own weight and equipment class. See picture gallery at the very bottom of the article.

Warm water and jellyfish wipe millions off Huon’s 2019 earnings

Warm water and jellyfish wipe millions off Huon’s 2019 earnings

Biological problems have caused Tasmanian salmon farmer Huon to slash its earnings forecast from between Australian $64 million and $68m to between $50m and $55m for its 2019 financial year.

Salmon veteran Whyte named feed plant boss

Salmon veteran Whyte named feed plant boss

BioMar has appointed experienced aquaculture industry executive David Whyte as managing director of its under-construction fish feed plant in Tasmania.

Predator nets made legal requirement for Tassal farm

Predator nets made legal requirement for Tassal farm

An appeal against an Australian Federal Court decision to allow salmon farmer Tassal to operate a 28-pen fish farm in Okehampton Bay on the south east coast of Tasmania has been partly upheld.

Huon profits stung by jellyfish

Huon profits stung by jellyfish

Tasmanian salmon farmer Huon Aquaculture Group has reported a fall in revenue, profit and harvest volume for the last six months of 2018 – the first half of the company’s financial year - because of deteriorating environmental conditions, and in particular a jellyfish bloom.

Hull of a sight: Ronja Storm arrives in Norway for fit-out

Hull of a sight: Ronja Storm arrives in Norway for fit-out

The hull of the Ronja Storm, which is destined to become the world’s biggest wellboat, has arrived at the Havyard shipyard in Norway for fitting out after construction in Turkey.

Huon opts for bigger smolts to make better use of sites

Huon opts for bigger smolts to make better use of sites

Tasmanian salmon farmer Huon has transferred 300,000 fingerlings to its new Whale Point nursery as part of a policy to grow larger smolts.

Salmon farmer climbs aboard at Steinsvik Oceania

Salmon farmer climbs aboard at Steinsvik Oceania

A former salmon farmer has been appointed as sales manager for aquaculture equipment supplier Steinsvik Oceania.

Tassal profit shrinks slightly but fish grow bigger

Tassal profit shrinks slightly but fish grow bigger

Tasmanian salmon and seafood producer Tassal has reported a 1.4% fall in net profit for its 2018 financial year to Au$57.3 million (£29.7m) year on year but the firm forecasts an increase in harvest production and sales for the next financial year.