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Icelandic salmon farm to start domestic processing

fjardalax_salmon_farm

Fjardalax, which sells under the brand Arctic Salmon, is planning on setting up its own processing plant in Iceland later this year

(more…)

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  • Icelandic Group CEO: UK shift driven by retail demand
  • Icelandic UK ups profit despite Tesco direct salmon buying move
  • UK salmon buyers nervous on farming consolidation
  • Icelandic confirms Gadus acquisition

First Copper River salmon reaches Seattle

The first wild salmon from the Copper River salmon run reached Seattle on Friday morning, ready for the ‘Copper Chef’ competition

(more…)

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  • Alaskan fishermen head to Copper River for season opener
  • Alaska salmon season kicks off Thursday with PSVOA MSC process in shambles
  • Copper River salmon fleet revs engines
  • Scientists write to Obama about fears over Bristol Bay mining plan

NZ King Salmon fears legal wrangling could hit jobs

High courts challenges to New Zealand King Salmon’s expansion in the Marlborough Sounds could cause staff cuts, says chief executive Grant Rosewarne

(more…)

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  • NZ King Salmon gets BAP certification
  • NZ King Salmon plans for future after long-awaited permission to expand
  • NZ King Salmon deplores expansion ruling
  • Evidence heard in NZ King Salmon hearing

Alaskan fishermen head to Copper River for season opener

Twelve hour opening day of the Copper River wild salmon fishery not affected by rough weather

(more…)

You may also like:

  • Alaska salmon season kicks off Thursday with PSVOA MSC process in shambles
  • Copper River salmon fleet revs engines
  • Prince William Sound pink salmon numbers rise
  • Prince William Sound salmon 2012 harvest surpasses 34 million

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Farmed salmon prices reach new peak

‘There isn’t a bloody customer who can pay the price. None,’ says exporter in western Norway
(more…)

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  • Camanchaca detects ISA
  • SalMar CEO optimistic for 2013, despite likely H2 drop in salmon prices
  • SalMar nets $87m from increased Bakkafrost share sale
  • Sea lice problem rises in Chile

Camanchaca detects ISA

Chile salmon farm pens cages 5

Chilean salmon farmer plans to harvest three cages within 10 days  (more…)

You may also like:

  • Sea lice problem rises in Chile
  • Chile disease problems concern Marine Harvest
  • Chile says ISA outbreak is contained
  • Sernapesca begins more inspections for ISA

Nissui reports $50m annual loss

World’s second largest seafood company in turnover, Nippon Suisan Kaisha, slides into red with loss in year ending March 31, 2013 (more…)

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  • Yen devaluation hits Maruha Nichiro US subsidiary Westward
  • Sources: Nissui German plant sale set to go through, management the issue
  • Maruha Nichiro misses profit target by $40m
  • Nissui takes $80m hit on Brazil pullback

SalMar CEO optimistic for 2013, despite likely H2 drop in salmon prices

Myhre

Spot and contract requests coming in, as SalMar forecasts a 10% production increase for 2013 (more…)

You may also like:

  • Russia warns Norwegian salmon exporters at Brussels show
  • Villa to launch market’s first ASC salmon
  • Bank cuts Chile salmon forecast on early harvesting, ISA
  • Analyst: ‘Now is time to own salmon shares’

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SalMar nets $87m from increased Bakkafrost share sale

Marine Harvest Faroes

Norwegian salmon farmer sells 7m shares in Faroese rival Bakkafrost, upping the amount offered from the 5m announced Wednesday  (more…)

You may also like:

  • SalMar considers selling 10% stake in Bakkafrost
  • Bank cuts Chile salmon forecast on early harvesting, ISA
  • Bakkafrost buys stake in Marine Harvest Faroes
  • Analyst: ‘Now is time to own salmon shares’

More business in Chile buoys Solvtrans Q1

Wellboat operator gets revenue bump from increased business from the Chilean salmon farming sector (more…)

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  • Fishmeal, oil prices to remain strong on low volumes
  • Austevoll consolidates Norway Pelagic
  • Leroy reports bumper profit, in line with expectations
  • Bakkafrost, Copeinca, SalMar top of the picks

Sea lice problem rises in Chile

Spread of disease makes headlines in Chile as the number of severely affected centers rises from 68 to 75 (more…)

You may also like:

  • Chile disease problems concern Marine Harvest
  • Small-size salmon surplus creates gaps in US market prices
  • ISA in a Chile with new solutions…and big challenges
  • SalmonChile head: Onus on farmers to collaborate

Alaska salmon season kicks off Thursday with PSVOA MSC process in shambles

alaskan_salmon

The summer harvest season for wild Alaska salmon officially opens Thursday with a projected harvest of 179 million fish (more…)

You may also like:

  • Copper River salmon fleet revs engines
  • European buyers more acceptant on Alaska salmon MSC withdrawal
  • Alaska’s FAO-based certification to cover 80% of salmon industry
  • Alaska officials ask vessel owners association to not retain MSC

Fresh US salmon imports see record Q1 growth

A spike in retail demand during Q1 2013 is being credited for a rise in US fresh salmon fillet prices at the wholesale level, even as US imports register record growth so far this year (more…)

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  • Salmon prices creeping up
  • Salmon prices stay strong
  • SalmonEx sees interest from US buyers
  • Salmon prices lift Cermaq profit

Salmon smoker to launch limited edition product in Waitrose

john_ross_jr_salmon

John Ross Jr’s original classic smoked salmon is available for just eight weeks in the summer at independent outlets in the UK, Waitrose stores and from the company website

(more…)

You may also like:

  • Scottish smoker set for Buckingham Palace event
  • Marine Harvest Scotland invited to Queen coronation festival

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Morpol pushes back giant UK plant opening to 2014

morpol_brookside_gravadlakes

Much-anticipated 40,000-ton capacity salmon processing plant will not be ready until 2014, as Morpol aims to grow UK market to second largest in Europe (more…)

You may also like:

  • Malek sells ‘overvalued’ Marine Harvest shares
  • Morpol subsidiary launches English smoked salmon brand
  • Marine Harvest, Cermaq, Morpol combo would lead in farming, feed, VAP
  • Morpol launches value product under Harbor Salmon Co brand

Morpol pushing through salmon price increases after €8m loss

Morpol smoked salmon trays

Sales prices for salmon products are lagging behind the high prices for raw material, with the world’s largest salmon processor diving into the red (more…)

You may also like:

  • Malek sells ‘overvalued’ Marine Harvest shares
  • Morpol subsidiary launches English smoked salmon brand
  • Marine Harvest, Cermaq, Morpol combo would lead in farming, feed, VAP
  • Morpol gets new terms on €250m loan

Austevoll consolidates Norway Pelagic

Takeover boosts Austevoll quarterly revenue, which breached €400m mark, while strong salmon and trout prices helped offset a poor quarter for pelagic and fishmeal activities (more…)

You may also like:

  • Russian Sea Catching CEO: Investments will be market-driven
  • EU moves towards sanctions over Faroese herring quota
  • Norway Pelagic undecided about Austevoll offer
  • Higher fishmeal prices drive Austevoll Q4

Leroy reports bumper profit, in line with expectations

Leroy salmon

Salmon producer boosts operating profit and revenue thanks to average 36% increase in whole superior salmon spot price (more…)

You may also like:

  • SalMar expects 10% growth in harvest, Innovamar volumes
  • Chairman not ruling out Marine Harvest plant closures
  • Marine Harvest, Cermaq, Morpol combo would lead in farming, feed, VAP
  • Analyst: ‘Now is time to own salmon shares’

Alliance Select aims to break past $100m in revenue

Company’s expects increased consistency in supply, demand in Asia, to boost growth this year after last year’s 60% jump (more…)

You may also like:

  • Alliance Select Foods expands tuna supply base
  • Alliance buys tuna vessels
  • Alliance Select nears $900,000 profit
  • Alliance aims for Singapore stock exchange listing

Analyst: Grieg results ‘major disappointment’

Grieg seafood2

Situation in UK and Canada worse than expected, says Nordea analyst
(more…)

You may also like:

  • Grieg bullish on back of profit boost, strong market
  • Analyst: ‘Now is time to own salmon shares’
  • UK salmon buyers nervous on farming consolidation
  • Grieg’s Skuna Bay expands in five more states

More in this section:

  • Malek sells ‘overvalued’ Marine Harvest shares
  • SalMar expects 10% growth in harvest, Innovamar volumes
  • Scottish anglers demand sea lice data
  • Grieg bullish on back of profit boost, strong market
  • Cermaq: Copeinca purchase for feed quality, not quantity

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SPOTLIGHT

  • Copeinca 2

    Marine Harvest vs Cermaq

    China Fishery's Copeinca bid has sparked a 'financial thriller' (more...)
  • Brussels exposition center

    Brussels seafood show 2013

    Recap our coverage from the Brussels seafood show here (more...)
  • Shrimp canapes

    Thai shrimp EMS

    Thailand's shrimp production could be down by more than 35% this year as a result of EMS (more...)
  • centro_pescanova2

    Pescanova

    The insolvency proceedings of Europe's third largest seafood company has rocked the industry (more...)
  • Pollock fishing, Russia

    Russian pollock MSC

    Potential MSC nod could have wide repercussions for pollock buyers -- and Alaskan suppliers (more...)
  • Chile salmon farm pens cages 4

    Chile salmon M&A

    Cooke, Invermar, Pescanova... 'Everyone is talking to everyone' as Chile is back in full swing (more...)
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