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SalmonBusiness A focused online news service covering the salmon market.

Fishmeal production sees boost from Peru, but challenges loom in other key regions : Fishmeal production has risen by ne...
17/11/2024

Fishmeal production sees boost from Peru, but challenges loom in other key regions : Fishmeal production has risen by nearly 23% in the first nine months of 2024 compared to the same period in 2023, driven primarily by a strong anchovy catch in Peru. The surge in Peruvian fishmeal supply has been the dominant factor in the overall global production increase, with most other regions reporting declines in output during the same period, according to the IFFO, the marine ingredients organisation.
https://www.salmonbusiness.com/fishmeal-production-sees-boost-from-peru-but-challenges-loom-in-other-key-regions

‘Gigha is surely better than this?’: Bakkafrost farm approval sparks community tensions : Argyll and Bute Council has ap...
16/11/2024

‘Gigha is surely better than this?’: Bakkafrost farm approval sparks community tensions : Argyll and Bute Council has approved the development of a new fish farm off the Isle of Gigha, sparking debate among islanders over environmental sustainability, community relations, and the economic benefits of aquaculture. The new site will include eight pens, with each measuring 160 meters in circumference and linked to a dark-colored feed barge.
https://www.salmonbusiness.com/gigha-is-surely-better-than-this-bakkafrost-farm-approval-sparks-community-tensions

Proximar’s first harvest commands 10% higher prices than imported salmon : Proximar Seafood, a Norwegian land-based salm...
16/11/2024

Proximar’s first harvest commands 10% higher prices than imported salmon : Proximar Seafood, a Norwegian land-based salmon farming company operating in Japan, has reported its third-quarter results, highlighting a mix of successes and operational challenges. The company achieved premium pricing of approximately NOK 130 per kilogram for its first harvest of Fuji Atlantic Salmon, a figure about 10% higher than the cost of imported Norwegian salmon.
https://www.salmonbusiness.com/proximars-first-harvest-commands-10-higher-prices-than-imported-salmon

Sterner appoints new Sales Manager for aquaculture : Water treatment specialist Sterner has announced the appointment of...
16/11/2024

Sterner appoints new Sales Manager for aquaculture : Water treatment specialist Sterner has announced the appointment of Tor Espen Skoglund as Sales Manager for the aquaculture market. Skoglund, who brings extensive leadership experience in the industry, will play a key role in strengthening Sterner’s position as demand for its solutions continues to rise.
https://www.salmonbusiness.com/sterner-appoints-new-sales-manager-for-aquaculture

UK retailer’s $130M seafood procurement chief exits after 16 months : Morrisons, the UK supermarket chain owned by priva...
16/11/2024

UK retailer’s $130M seafood procurement chief exits after 16 months : Morrisons, the UK supermarket chain owned by private equity firm Clayton, Dubilier & Rice, has parted ways with Phil Nickells, a veteran in the seafood industry. Nickells, who had been overseeing sourcing and sales at Morrisons' Grimsby processing plant, left after his role was made redundant within the company's Myton Food Group.
https://www.salmonbusiness.com/uk-retailers-130m-seafood-procurement-chief-exits-after-16-months

‘The most sustainable animal protein product in the world’: New report hails Canadian aquaculture : Canadian Aquaculture...
16/11/2024

‘The most sustainable animal protein product in the world’: New report hails Canadian aquaculture : Canadian Aquaculture Industry Alliance (CAIA) members generated over $4.86 billion in economic activity in 2022 and employed more than 16,800 Canadians. A new report from CAIA underscores the Canadian salmon farming sector’s position as a global leader in sustainable aquaculture practices.
https://www.salmonbusiness.com/the-most-sustainable-animal-protein-product-in-the-world-new-report-hails-canadian-aquaculture

GroAqua signs deal to build World’s largest feed barge : GroAqua and Bakkafrost have entered into a landmark agreement f...
15/11/2024

GroAqua signs deal to build World’s largest feed barge : GroAqua and Bakkafrost have entered into a landmark agreement for the construction of the world’s largest feed barge, set to feature an unprecedented 1,100 tonnes of feed storage capacity and 24 feed lines. The barge will allow for the simultaneous feeding of 24 pens, marking a significant technological advance in aquaculture infrastructure.
https://www.salmonbusiness.com/groaqua-signs-deal-to-build-worlds-largest-feed-barge

Lerøy to shield 45% of fish by mid-2025 as lice eat into Q3 profits : Lerøy Seafood Group maintains ambitious outlook am...
15/11/2024

Lerøy to shield 45% of fish by mid-2025 as lice eat into Q3 profits : Lerøy Seafood Group maintains ambitious outlook amid lower salmon prices and biological challenges. Norwegian salmon farming giant Lerøy Seafood Group reported an operational EBIT of NOK 412 million ($36.9 million) for the third quarter of 2024, reflecting the impact of reduced salmon and trout prices combined with elevated seawater temperatures, which exacerbated sea lice issues in Northern Norway.
https://www.salmonbusiness.com/leroy-to-shield-45-of-fish-by-mid-2025-as-lice-eat-into-q3-profits

Can SalMar’s Q3 earnings survive a 23% harvest drop? Here’s what the analysts are saying : The World's second largest sa...
15/11/2024

Can SalMar’s Q3 earnings survive a 23% harvest drop? Here’s what the analysts are saying : The World's second largest salmon producer navigates market challenges, striving to achieve projected targets despite recent operational fluctuations and external pressures. SalMar is anticipated to announce an operational profit of NOK 975 million ($87.5 million) for Q3 2024, a sharp decrease from the NOK 2,300 million ($206.4 million) recorded in the same period last year, according to an average of estimates from 11 brokerage firms obtained by TDN Direkt.
https://www.salmonbusiness.com/can-salmars-q3-earnings-survive-a-23-harvest-drop-heres-what-the-analysts-are-saying

Tuco Marine delivers new research vessel to Nord University : Danish shipbuilder Tuco Marine has delivered a 15-meter "P...
14/11/2024

Tuco Marine delivers new research vessel to Nord University : Danish shipbuilder Tuco Marine has delivered a 15-meter "ProZero" research workboat to Nord University, Norway, marking an enhancement to the university’s marine research capabilities. Following comprehensive tests at the Tuco ProZero Workboats facility, the vessel was officially transferred to Nord University's representative, Skipper Morten Krogstad, with Jakob Frost, co-owner of Tuco Marine, presiding over the handover.
https://www.salmonbusiness.com/tuco-marine-delivers-new-research-vessel-to-nord-university

BioMar lowers revenue forecast as sales volumes slide in challenging quarter : BioMar, the Denmark-based aquaculture fee...
14/11/2024

BioMar lowers revenue forecast as sales volumes slide in challenging quarter : BioMar, the Denmark-based aquaculture feed producer, reported a decline in sales volumes in the third quarter of 2024 compared to the previous year. Despite this, the company anticipates a strong full-year result, benefiting from improved operational efficiency and a shift towards long-term customer relationships.
https://www.salmonbusiness.com/biomar-lowers-revenue-forecast-as-sales-volumes-slide-in-challenging-quarter

Campaign to boost US aquaculture production takes aim at Congress : Stronger America Through Seafood launches campaign u...
14/11/2024

Campaign to boost US aquaculture production takes aim at Congress : Stronger America Through Seafood launches campaign urging Congressional support for US aquaculture. Industry coalition Stronger America Through Seafood (SATS) has initiated a campaign aimed at persuading the US Congress to support open ocean aquaculture, highlighting both economic and environmental advantages of advancing US-based sustainable seafood production.
https://www.salmonbusiness.com/campaign-to-boost-us-aquaculture-production-takes-aim-at-congress

Grimsby processor sold: Family-owned Grimsby brand set for changes : Chapman’s Seafoods acquired by family successor, si...
14/11/2024

Grimsby processor sold: Family-owned Grimsby brand set for changes : Chapman’s Seafoods acquired by family successor, signals new investment for growth. Chapman’s Seafoods, a Grimsby-based processor known for its traditional fishcakes and seafood products, has announced a transition in ownership to Simon Chapman, the younger brother of founders Kevin and Paul Chapman.
https://www.salmonbusiness.com/grimsby-processor-sold-family-owned-grimsby-brand-set-for-changes

Australian government announces $28 million investment in salmon industry : Australia Invests $28 Million to Boost Water...
14/11/2024

Australian government announces $28 million investment in salmon industry : Australia Invests $28 Million to Boost Water Quality in Macquarie Harbour. The Australian government has announced an AUD 28 million (USD 18.4 million) initiative to enhance water quality and environmental conditions in Tasmania’s Macquarie Harbour, a crucial area for the state's $1 billion aquaculture industry.
https://www.salmonbusiness.com/australian-government-announces-28-million-investment-in-salmon-industry

Salmon spill closes Norway’s E6 after truck accident : Traffic on Norway’s E6 highway came to a halt on Tuesday night fo...
13/11/2024

Salmon spill closes Norway’s E6 after truck accident : Traffic on Norway’s E6 highway came to a halt on Tuesday night following an accident involving a lorry train carrying a substantial load of salmon. The incident occurred in Nordreisa, Troms, where the vehicle veered off the road, scattering salmon across both lanes and temporarily closing the main route through Nord-Troms.

“It must be loaded with large quantities of salmon, and there is now salmon strewn all over the E6,” Christian Andreassen, operations manager with the Troms police district, told NRK. “The wagon train has sheared off, and there are large quantities of salmon lying across the road.
https://www.salmonbusiness.com/salmon-spill-closes-norways-e6-after-truck-accident

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Animation created via Aquafacts shows Inverlussa Marine Services newest vessel Charlie Knight making her way from Norway to Shetland before setting off for the west coast. #newboat #salmon #salmonfarming #aquaculture #workboat https://lnkd.in/e5Nhhd5K

Repairs now underway on SalmonBusiness’ new HQ, from October 2023 we will be a floating news service.

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Amazing footage from Anne Powell shows Freya the walrus relaxing on Cooke Aquaculture salmon pen at Vementry. Follow the link to find out how she got there. https://salmonbusiness.com/freya-the-walrus-caught-taking-a-nap-at-a-salmon-farm-in-shetland/

Footage of an encounter between an otter and a salmon has been captured at the River Severn's Diglis Weir. Charles Crundwell posted the footage to Twitter saying it was proof salmon could sense otters, after wildlife presenter Chris Packham recently posed the question whether they could on BBC's Autumnwatch. Mr Crundwell wrote: "I have watched hours of fish counter video from River Severn and they certainly act different just before an otter appears, as do sea lamprey."

Footage from the Canadian Coast Guard shows fire is no longer spreading aboard stricken ship "Zim Kingston"

Listen as captain of burning container vessel "Zim Kingston" is told to abandon ship by Canadian Coast Guard.

On Sunday, an emergency zone was declared around a blazing cargo ship off western Canada after containers carrying more than 50 tons of a dangerous chemical caught fire, said the Canadian Coast Guard. Read the full story here: https://salmonbusiness.com/video-special-chemical-fire-aboard-burning-cargo-ship-off-the-coast-of-british-columbia-spews-toxic-gas/

The service boat "Marina Ocean" is at the quay in Stokmarknes in Norway with a broken crane after driving under a bridge with the crane up. Get the full story here: https://salmonbusiness.com/video-special-crane-snapped-in-two-after-workboat-drives-under-low-bridge/

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