Salmon Farming

AQUACULTURE

AQUACULTURE

Loch Long Salmon has called out Scottish government for its delay in determining what it calls a “once in a generation opportunity” to bring closed-pen salmon farming to Scotland.

18th February 2025

Loch Long Salmon irked by inaction on farm permit

18th February 2025

ANALYSIS

ANALYSIS

International sales of Scottish salmon reached a record GBP 844 million last year, representing an increase of 45% on 2023’s total and consolidating the product’s position as the UK’s top food export,…

13th February 2025

Scottish salmon exports soar to new high

13th February 2025

AQUACULTURE

AQUACULTURE

Salmon Evolution has reported revenues of NOK 149.5 million (€12.86 million) in the fourth quarter of 2024, translating into a group EBITDA of NOK 9.2 million (€790,000) and a Farming EBITDA of…

12th February 2025

Salmon Evolution ends 2024 on a high

12th February 2025

AQUACULTURE

AQUACULTURE

Cermaq has named Kristin Hurum as its new head of operations in Norway.

10th February 2025

Cermaq names new head of Norway operations

10th February 2025

AQUACULTURE

AQUACULTURE

Mowi ASA has entered into an agreement with Vigner Olaisen AS to acquire its controlling stake in Nova Sea AS. It will pay NOK 7.4 billion for Vigner Olaisen’s 46% stake in…

30th January 2025

Mowi increases ownership of Nova Sea to 95%

30th January 2025

ANALYSIS

ANALYSIS

Economic conditions, geopolitics and supply availability will significantly influence global animal protein markets in 2025, but while demand remains uncertain due to macroeconomic fluctuations and policy changes, seafood is poised to surpass…

29th January 2025

Seafood to dethrone poultry as main driver of global protein supply growth

29th January 2025

AQUACULTURE

AQUACULTURE

Gigante Salmon has released its quarterly report for Q4 2024, highlighting strong progress at its northern Norway farming site on Lille Indre Rosøy.

23rd January 2025

Gigante Salmon on track for harvest

23rd January 2025

ANALYSIS

ANALYSIS

The global aquaculture sector is poised for growth in the first-half of 2025 despite facing uncertainties, according to Rabobank’s latest RaboResearch report. Published by Rabobank’s Global Animal Protein Sector team, the “Global…

22nd January 2025

Cautiously optimistic outlook for aquaculture in first-half of 2025

22nd January 2025

AQUACULTURE

AQUACULTURE

The taxation of the Faroes’ salmon industry has been restructured, effective from 1 January 2025, following a broad political agreement stretching to 2032, producer Bakkafrost has confirmed.

9th January 2025

Faroe Islands onboards new salmon farming tax

9th January 2025

ANALYSIS

ANALYSIS

Aquaculture volumes can be expected to grow this year, including increases in fish and shrimp harvests, projects Rabobank’s latest RaboResearch report.

9th January 2025

Aquaculture production forecast to grow in 2025

9th January 2025

AQUACULTURE

AQUACULTURE

PTG Frionordica has secured a record-breaking contract with Artec Aqua to supply six advanced heat pumps and seawater exchangers with a combined heating capacity of over 100,000 kW.

8th January 2025

PTG Frionordica wins second Indre Harøy deal

8th January 2025

ANALYSIS

ANALYSIS

Norway exported a total 2.8 million tonnes of seafood in 2024, worth a record NOK 175.4 billion, with the volume corresponding to 38 million meals every single day. This was achieved despite the year…

7th January 2025

Best year ever for Norwegian seafood exports

7th January 2025

SEAFOOD

SEAFOOD

The Norwegian Seafood Council (NSC) has confirmed that this year, Italy was chosen as one of the markets for a new case investment project for salmon, with the main objectives being to…

17th December 2024

Italy targeted with salmon investment

17th December 2024

LAND-BASED FARMING

LAND-BASED FARMING

Norway’s PTG Frionordica AS has signed a contract with Eyvi AS for the supply of heat pumps and seawater heat exchangers to Arctic Seafarm AS´s new land-based aquaculture facility in Nesna municipality,…

17th December 2024

PTG Frionordica secures Arctic Seafarm contract

17th December 2024

LAND-BASED FARMING

LAND-BASED FARMING

The Board of Directors at US-headquartered, land-based aquaculture venture AquaBounty Technologies Inc has announced the company will wind down its hatchery operations in Bay Fortune, including a reduction of its workforce and…

17th December 2024

AquaBounty to cease fish farming operations

17th December 2024

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

The first Scottish Sea Farms site to switch to 160-metre pens has reported record tonnage at an average harvest weight of 6.8kg, along with improved fish welfare and reduced seal predation.

12th December 2024

Larger, fewer pens pay off for Scottish Sea Farms

12th December 2024

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

New research conducted by the Norwegian Institute of Food, Fisheries and Aquaculture Research (Nofima) has enhanced the understanding of why sea lice are predominantly attracted to salmon. The study investigates the chemicals…

11th December 2024

Nofima: Salmon secretions attract lice

11th December 2024

ANALYSIS

ANALYSIS

Norway’s salmon industry achieved record breaking profits in 2023, overcoming challenges such as reduced production output and rising costs, with earnings per kilogram of head-on gutted (HOG) salmon increasing 15-20% to close…

4th December 2024

All-time-high earnings for Norways salmon industry

4th December 2024

ANALYSIS

ANALYSIS

The latest Salmon Welfare Scorecard, published by Compassion in World Farming, has found that 62% of the farmed salmon producers that it assessed have improved their reporting and policies on welfare compared…

4th December 2024

Salmon Welfare Scorecard – Small improvement in industry transparency

4th December 2024

BUSINESS & FINANCE

BUSINESS & FINANCE

The Government of Canada and the Province of New Brunswick have announced CAD 38 million in funding for the Canadian fisheries and seafood sector, focusing on innovation, infrastructure and sustainability.

3rd December 2024

Canada invests $38 million in seafood sector

3rd December 2024