Norway, Scottish salmon spot prices set stable, Chilean up a little
Norwegian spot prices remain steady at high levels as the run of weeks with fewer harvesting days continues; Scottish prices are steady, and Chilean see a slight lift for week 20
Alibaba’s Hema inks salmon supply deal with Mowi, Cermaq
Under the deal, Hema will source more than 700,000 salmon annually from the Norwegian seafood companies to meet growing Chinese consumer demand
Scottish Sea Farms receives planning approval to merge four sites in Shetland
Scottish Sea Farms has received planning approval from the Shetland Islands Council to consolidate four farms into a unified site.
Kyokuyo targets $2.6bn in revenue on near-tripled overseas business
It has already invested in Vietnam, Canada, the US state of Washington, and Turkey with a view to establishing a sales foothold in Europe and the Middle East
Nasdaq: Norway salmon spot prices back up as fresh, whole exports slip again
Spot prices for farmed Norwegian salmon rebounded in week 18 of 2024, according to the NASDAQ Salmon Index
Tesco to cut Russian fish from frozen supply chain as cod price pressure increases
The UK's largest retailer is eliminating Russian fish from its own-label frozen supply chain, a move that comes amid significant price pressure for key species such as Atlantic cod
Mowi spends €6m on license growth under ‘traffic lights’ but ‘red’ signal means a net loss
In April, salmon farmer Mowi spent €6m to grow its capacity output by 0.52 standard licenses in 'green' zones, but 2.96 licenses of MAB were lost in red areas
Lower exports to EU, UK, most Asian markets drive Norway fresh salmon sales down again
Norway's total fresh salmon exports fell to 11,547t, while the average export value stayed mostly flat at NOK 119.79/kg during week 18 of 2024
Alaska, Florida lawmakers introduce second bill to speed US fishery disaster payments
The legislation comes as harvesters and processors in the US state of Alaska wait on hundreds of millions of dollars
Canadian government to examine link between tire chemical, salmon deaths
Canada's environment minister, Steven Guilbeault, said the chemical known as 6PPD will be added to the priority list for assessment