Jason Holland

Continuing biological challenges at its Norwegian and British Columbia (B.C.) salmon farming sites impacted Grieg Seafood ASA’s production and results in Q3, hitting its revenue and earnings.

Grieg’s Q3 2023 report, published on 14 November 2023, said the company had low harvest volumes in the quarter, as the focus was put on rebuilding biomass.

CEO Andreas Kvame said that as a result of the low salmon harvest volume, costs per

European Fishmeal and Fish Oil Producers (EFFOP) has warned the Scottish government to carefully consider the consequences of its proposal to cease all sandeel fishing in the country’s waters.

Recognizing that European sandeel fishing has historically been an important resource within the fishmeal market, the EFFOP claims an abrupt closure of the fishery in Scotland might disrupt supply chains, impact jobs, and negatively affect local

Norway’s new resource rent tax for salmon farming has hit AKVA Group’s land- and sea-based business arms, with the company saying it was forced to take corrective measures, including the termination of 50 positions. Delivering the Norwegian aquaculture services and equipment provider’s third-quarter results on 10 November 2023, CEO Knut Nesse explained that the company will carry out a “rightsizing process” –

Mowi CEO Ivan Vindheim is predicting his company will set a “milestone” achievement with a 2024 harvest of 500,000 metric tons of farmed salmon.

With the delivery an all-time high harvest volume of 135,000 metric tons (MT) in Q3 2023, and a record volume of 484,000 MT projected for the full-year 2023, Vindheim said a 500,000 MT harvest is achievable for the world’s largest salmon faming company in 2024.

“We can and will

Glyvrar, Faroe Islands-based Bakkafrost Group recorded a strong Q3 2023 in its fishmeal, fish oil, and feed segment, but low fish growth rates at its Faroese farming sites and micro-jellyfish blooms causing high mortality on its Scottish farms have resulted in the company delaying some planned harvests in both regions until Q1 2024.

Delivering Bakkafrost’s Q3 2023 results, CEO Regin Jacobsen explained the aim of the delays is to optimize

The Kingfish Company maintained a strong biological performance in the third quarter of 2023 and, through increased productivity, achieved a record-best biomass growth of 637 metric tons (MT), up from 374 MT in the corresponding period of last year.

The company operates a land-based yellowtail kingfish-farming firm in Kats, the Netherlands, and is advancing work on another farm in the U.S. state of Maine.

“We are very happy with the growth

U.K. seafood brand LEAP has brought back an advertising icon of the 2000s as part of its largest campaign to date, aimed at getting the British public to eat more wild-caught fish.

Big Mouth Billy Bass, a wall-mounted fish that lip-syncs songs and has been featured in several TV shows and movies, is back, but this time, it’s in giant animatronic form outside Waterloo – the United Kingdom’s busiest railway station –

North Yorkshire, U.K.-based family-owned seafood business Whitby Seafoods recently pulled out of its purchase of Kilhorne Bay Seafoods due to the resource-heavy process required to finalize the deal.

Whitby Seafoods, the country’s largest scampi producer, announced plans to acquire Northern Ireland-based seafood supplier Kilhorne Bay in August 2023. The U.K. Competition and Markets Authority (CMA) subsequently confirmed it was

Despite government reports confirming high farmed salmon harvests of over 169,000 metric tons (MT) last year and a projected total for 2023 just shy of 188,000 MT, Scottish salmon production still has its challenges, and the industry is continuing to battle obstacles like small harvesting size, sea lice, and microscopic jellyfish blooms that have posed significant problems for farmers.

Sea lice is a well-known parasitic scourge of the

The rapid growth of salmon farming in Iceland is a mounting cause of consternation among environmental groups, and adding to the opposition, native Icelandic singer-songwriter Björk has produced a new song aimed directly at the industry and its potential effect on the country’s environment.

The currently untitled track is a collaboration between Björk and Spanish singer Rosalía, with all the profits earned going