Jason Holland

The epicenter of England’s seafood industry is enjoying a rare luxury – a wealth of skilled and ambitious new recruits available to meet the sector’s growth plans.

While the U.K. processing sector has historically struggled to optimize staffing levels amid negative perceptions about the tasks involved with the industry, recruitment challenges that increased further in the wake of Brexit and significant contraction of the E.U.

Norway’s continued increase in export value being almost entirely attributable to a weak krone is causing concern in the seafood industry, according to the Norwegian Seafood Council (NSC).

The Scandinavian country exported NOK 13.1 billion (USD 1.2 billion, EUR 1.1 billion) worth of seafood in May 2023, an increase of NOK 816 million (USD 75.7 million, EUR 70.2 million) year-over-year. NSC CEO Christian Chramer advised in a press release

Norwegian land-based Atlantic salmon farmer Andfjord Salmon announced it will progress with build-out plans that will enable an increase in total production volume at its Kvalnes site, on the island of Andøya, to 40,000 metric tons (MT) head-on gutted (HOG) over the next seven years. 

The company, which has developed a farming system based on flow-through technology that it said capitalizes on the natural advantage of its access to

The U.K. government’s decision to add fishing jobs to the country’s official Shortage Occupation List (SOL) signified that many commercial operations in the seafood industry have struggled to plug gaps in the workforce and attract new talent.

Inclusion on the SOL, which came after a recommendation from the U.K. Migration Advisory Committee, means U.K. fishing companies will pay lower fees and face lower salary requirements in

Political leaders, fishing industry professionals, and environmental groups have all broadly welcomed the new provisional agreement reached between the European Parliament and the Council of the European Union on the revised E.U. fisheries control system.

Confirmed on 31 May, 2023 – exactly five years after the proposal by the European Commission to improve the implementation of the common fisheries policy (CFP) – the revised rules

High inflation and input costs combined to negatively affect the Q1 2023 results of Reykjavik-headquartered Iceland Seafood International (ISI).

In particular, the high price of salmon in the period impacted ISI’s operations in Ireland and Spain, while the up-for-sale business in the United Kingdom, Iceland Seafood U.K., continues to dent the company’s income, according to ISI CEO Bjarni Ármannsson.

ISI saw its total group

The Norwegian government’s proposed new aquaculture resource tax, which if passed will levy an additional 35 percent tax on the seawater grow-out stage of farmed salmon production, will weaken the industry’s development and could cause ripple effects throughout the country, according to Lerøy Seafood Group CFO Sjur Malm.

Speaking at a presentation of the Bergen, Norway, seafood corporation’s first-quarter 2023 results in

While Bakkafrost Group’s value-added product (VAP) segment performed strongly in the first quarter of 2023, a proposed new revenue tax on the Faroe Islands’ salmon farming industry could bring changes to the business’s long-term strategy.

Delivering Bakkafrost’s first-quarter results in Oslo, Norway, CEO Regin Jacobsen said the company’s VAP business posted operational earnings before interest and taxes (EBIT) of

Grieg Seafood harvested more fish than planned from its Norwegian operations in Q1 2023 after both its Rogaland and Finnmark salmon-farming sites contended with biological challenges.

According to Grieg’s first-quarter 2023 report, its Rogaland operations harvested 7,502 metric tons (MT) of salmon in the quarter, compared with 9,645 MT in Q1 2022,2,200 MT above guidance due to earlier-than-expected harvesting to reduce biological risk

Despite achieving record first-quarter profit and revenue, salmon farming giant Mowi has warned of the potential long-term consequences that would likely follow the introduction of Norway’s proposed new aquaculture resource tax in its current form.

The Norwegian government presented a revised resource rent tax proposal to parliament on 28 March, 2023, with a few changes made from its initial proposal, which was announced in September 2022.