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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…)

You may also like:

  • 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

US sweetener firm to move into fish feed products

Stevia Corp. is developing aquaculture products, expects it to become the company’s biggest earner long-term, with seafood veteran Andrew Kaelin appointed to advisory board

(more…)

You may also like:

  • Cermaq: Copeinca purchase for feed quality, not quantity
  • Expert: Cermaq’s Copeinca move sound, especially for fish oil
  • Cermaq look to evolve fishmeal, not cut it out

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…)

You may also like:

  • 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

Norwegian gov meets with Marine Harvest

But meeting did not change government’s stance on backing of Cermaq’s bid for Copeinca, says ministry (more…)

You may also like:

  • Copeinca profit dives on low fishmeal, oil volumes
  • Report: Marine Harvest could up Cermaq offer
  • Pareto garners 5% voting rights in Cermaq
  • Cermaq’s largest shareholder to back Copeinca bid, reject Marine Harvest offer

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BAP processing standards pass audit

Best Aquaculture Practices seafood processing plant standards have been successfully benchmarked against the latest Global Food Safety Initiative food safety requirements

(more…)

You may also like:

  • Marine Harvest to certify all farms to Global Gap standard
  • SalMar subsidiary becomes Europe’s first BAP salmon processor
  • BAP certified plants output reaches 1 million tons
  • BAP certifies Northern Harvest as three-star

Farmed salmon prices reach new peak

salmon-sushi

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

You may also like:

  • 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

NFI thanks US House Ag committee for cutting catfish inspection program

‘Duplicitous’ catfish inspection program inches its way closer to the exit (more…)

You may also like:

  • Congress committee votes through farm bill
  • Obama budget would cut catfish program
  • Professor: catfish inspections threaten US soybean industry
  • Bipartisan support to repeal catfish laws

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

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Nissui reports $50m annual loss

Nissui Global links

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

You may also like:

  • 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

Siam Canadian: Markets can’t follow Thai shrimp prices

shrimp skewers

Vannamei shrimp supply from Thailand should start to improve on small sizes by July, but high prices are expected up until then, with production in China and Vietnam also under pressure (more…)

You may also like:

  • Seafresh, Surapon hit by shrimp disease, wage hikes
  • EMS hits more Thai shrimp firms’ Q1 results
  • CP Foods profit dives 91% as shrimp disease hits hard
  • Shrimp buyers wary of price crash, countervailing duties

Seafresh, Surapon hit by shrimp disease, wage hikes

A range of seafood companies report impact of shrimp disease, as well as the increase in Thai minimum wage

(more…)

You may also like:

  • EMS hits more Thai shrimp firms’ Q1 results
  • CP Foods profit dives 91% as shrimp disease hits hard
  • EMS takes toll on Thai Union Q1
  • Thai exporters win on exchange rates, lose on EMS, raw material prices

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’

SalMar nets $87m from increased Bakkafrost share sale

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’

Linnaeus: R&D, product development must be focus for bass, bream

Seabass. Photo by Claude Valette.

Consolidation remains a goal for Linnaeus, but research in feed, and adding value to product, must be on agenda, says private equity partner (more…)

You may also like:

  • Bass, bream price stabilization not certain, say industry players
  • Selonda, Dias agree on merger
  • Selonda downsizing in Turkey
  • Selonda, Dias: A deal pushed on by the banks

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Clean Seas predicts lower losses

Kingfish and bluefin tuna farmer says losses should be lower thanks to strong performance of kingfish in 2013

(more…)

You may also like:

  • Clean Seas says it’s back on track, expects profit for 2015
  • Clean Seas hopeful about kingfish growth
  • Clean Seas plans $3.76m rights issue to fund kingfish production increase
  • Clean Seas confident about kingfish on back of huge loss

More business in Chile buoys Solvtrans Q1

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

You may also like:

  • 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

Report: Marine Harvest could up Cermaq offer

Marine Harvest Norway salmon

Marine Harvest is willing to consider higher offer for Cermaq, and is planning talks with Norwegian government before May 21, chairman tells Mergermarket subsidiary (more…)

You may also like:

  • Pareto garners 5% voting rights in Cermaq
  • Marine Harvest amends Cermaq offer to improve its chances
  • Cermaq’s largest shareholder to back Copeinca bid, reject Marine Harvest offer
  • Malek sells ‘overvalued’ Marine Harvest shares

Fishmeal, oil prices to remain strong on low volumes

Drop in production of 14% for meal and 22% for oil, combined with low inventories, mean prices should remain high, say Austevoll Seafood (more…)

You may also like:

  • Austevoll consolidates Norway Pelagic
  • Cermaq: Copeinca purchase for feed quality, not quantity
  • Analysts: Marine Harvest arguments against Copeinca ‘not convincing’
  • Peruvian producer hit by 73% drop in fishmeal, oil volumes

$1m fish farm to open in Nebraska

The new aquaculture facility will initially utilize two identical systems comprised of six, independent 10,000 gallon fiberglass tanks

(more…)

You may also like:

  • New Canadian aquaculture firm taps into tilapia market
  • Ghanaian fish farmers use Canadian’s idea to turn profit

More in this section:

  • Pareto garners 5% voting rights in Cermaq
  • SalMar considers selling 10% stake in Bakkafrost
  • Shrimp farmer tells of narrow escape from sinking ship Pescanova
  • Morpol pushing through salmon price increases after €8m loss
  • Austevoll consolidates Norway Pelagic

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SPOTLIGHT

  • 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...)
  • 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...)
  • Copeinca 2

    Marine Harvest vs Cermaq

    China Fishery's Copeinca bid has sparked a 'financial thriller' (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...)
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