Reykjavík, Iceland-based seafood company Brim has entered into an agreement to purchase shares in Polar Seafood Denmark from private companies held by Helge Nielsen, Bent Norman Petersen, and Louise Schov Petersen.
The DKK 245 million (USD 32.5 million, EUR 32.9 million) purchase is being made through a newly-established Danish holding company 100 percent owned by Brim. Brim has also subscribed for new shares in Polar Seafood Denmark for
… Read MoreA new project given funding from the United Kingdom Innovation Fund (SIF) is developing a non-lethal immunology tool that will look to monitor aspects of Atlantic salmon health from a single blood sample.
During the five month-feasibility project, a research consortium will investigate immunological biomarkers for pancreas disease, complex gill disease, bacterial infection, and cardiomyopathy syndrome (CMS) in salmon. With funding
… Read MorePrivate equity firm Bluefront Equity has invested in Naviaq, a supplier of software solutions that standardizes workflows for fish farmers, servicers, and wellboat operators.
The investment is made through a combination of a share issue and purchase of shares from existing shareholders. With the investment, Bluefront Equity becomes Naviaq’s largest owner with a shareholding in excess of 50 percent. Naviaq’s remaining shares are owned
… Read MorePlans to bring a transformative salmon farm to Loch Long in Scotland are being opposed by officials representing the Loch Lomond and the Trossachs National Park, despite the park authority identifying the project as being “of national significance to Scotland.”
Officers representing the park recommended the park's board refuse Loch Long Salmon’s plans for Scotland's first semi-closed containment
… Read MoreBergen, Norway-headquartered Grieg Seafood is to cull approximately 1 million salmon at farms in its Finnmark production region following the discovery of an infection-causing parasite.
In a filing with the Oslo Børs, Grieg said it had been notified by the Norwegian Food Safety Authority that it is required to cull the fish in eight single pens on two farms in the Finnmark region, due to detection of Spironucleus
… Read MoreThe North Atlantic Pelagic Advocacy Group (NAPA) has joined forces with the Marine Stewardship Council (MSC) to urge "tangible action" on the sustainable management of Northeast Atlantic pelagic stocks.
The collaboration comes after a previous effort from NAPA to urge alignment with catch-limit advice from the International Council for the Exploration of the Sea (ICES). Ahead of the mid-October 2022 Coastal States meetings,
… Read MoreThe European Union’s Fisheries Council has reached an agreement on next year’s fishing opportunities in the Baltic Sea.
Confirming the package decided at the Council’s latest meeting in Luxemburg, the European Commission said the Baltic Sea continues to struggle with severe environmental pressures and challenges to its ecosystems, with its fish stocks in mostly poor condition.
Under the new agreement, existing fishing
… Read MoreAquaculture trade body Salmon Scotland has increased its membership to 41, with six new supply chain businesses joining in the last three months.
Having expanded its reach to cover more of the farmed salmon supply chain, Salmon Scotland’s membership has more than tripled since the start of 2022.
With a geographical spread from Dumfriesshire to Shetland, and across the central belt from Broxburn to Cumbernauld, the six new members are
… Read MoreThe latest catch-limit advice for Northeast Atlantic pelagic stocks issued by the International Council for the Exploration of the Sea (ICES) show that fishing pressure is above sustainable levels and that further reductions are required, according to the North Atlantic Pelagic Advocacy Group (NAPA).
ICES advised the 2023 catch for Northeast Atlantic mackerel should be no more than 782,066 metric tons (MT); a 1.6 percent reduction from its 2022
… Read MoreBergen, Norway-headquartered Mowi saw larger harvests and higher earnings in Q3 2022 compared to Q3 2021, in part thanks to big harvests at its Norwegian operations.
Mowi achieved a company-wide salmon harvest of 134,000 metric tons (MT) in the third-quarter of this year, representing a volume increase of 17,000 MT compared with the corresponding period of 2021 and 2,000 MT more than its previous guidance for the period. According to
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