London-based seafood writer and communications consultant Jason Holland has been a contributing editor to SeafoodSource.com since January 2010. Jason has more than 25 years of experience as a B2B journalist and editor – a career that has taken him all over the world. He believes he found his true professional calling in 2004 when he started documenting the many facets of the international seafood industry and he’s particularly proud of the strong, collaborative relationships he has formed at all stages of the supply chain.
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Norwegian fish-farming firm Andfjord Salmon has put production on hold for the past year to expand its Kvalnes land-based salmon-farming facility, and CEO Martin Rasmussen recently confirmed that every part of the expansion is either on track or ahead of schedule.
Delivering the company’s Q3 2024 financial results in Oslo, Norway, on 28 November, Rasmussen said the project’s waterways are the closest part of the expansion to
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According to a new report from Dutch banking and financial services firm Rabobank, hybrid flow-through systems (HFS) may be the answer to increasing volume and quality across the global fish-farming industry, particularly in the salmon sector.
Highlighting that traditional marine cage-based farming is not only struggling to grow global salmon supply but that mortalities associated with this form of farming have increased both this year and last,
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Grieg Seafood (GSF) ended Q3 2024 with its Norwegian operations reporting a record-high standing biomass in the sea after all-time high seawater production over the three-month period.
However, while its underlying farming performance was good, the Bergen, Norway-headquartered salmon producer’s financial performance was impacted by seasonally lower spot prices and costs it carried over from historic incidents that pushed it into
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Weaker salmon and trout prices, increased sea lice treatments, and lower earnings from its wild-catch segment due to diminished quotas negatively impacted Lerøy Seafood Group’s (LSG) earnings in the third quarter of this year.
Lerøy CEO Henning Beltestad, presenting the Bergen, Norway-headquartered seafood corporation’s Q3 2024 results on 14 November, reported revenues of just under NOK 7.9 billion (USD 706.5
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Scotland’s salmon-farming industry has overcome a lot of challenges over the past few years, but more work is needed to ensure it remains sustainable and prioritizes animal health and welfare into the future, according to Scotland Cabinet Secretary for Rural Affairs, Land Reform, and Islands Mairi Gougeon.
Addressing a Rural Affairs and Islands Committee of the Scottish Parliament, which is conducting an inquiry into the industry, Gougeon
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Norwegian aquaculture services and equipment provider AKVA Group reported big spikes in EBITDA and profits during the third quarter of 2024.
Delivering the group’s Q3 2024 results on 7 November 2024, AKVA CEO Knut Nesse confirmed that the firm received orders totaling NOK 803 million (USD 73.4 million, EUR 68.2 million) in Q3 2024, representing a year-over-year increase of NOK 203 million (USD 18.5 million, EUR 17.2 million). At
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On the heels of recording a best-ever third-quarter Atlantic salmon harvest of 161,000 gutted weight tons (GWT), and with an overall 2024 harvest of 500,000 GWT almost a formality, Bergen, Norway-headquartered salmon-farming firm Mowi has issued a 2025 volume guidance of 520,000 GWT.
CEO Ivan Vindheim said the new guidance will put the company on course for its “next milestone” of 600,000 GWT, which it aims to reach in
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Glyvrar, Faroe Islands-based salmon-farming firm Bakkafrost reported drops in its operational EBIT and revenues in Q3 2024.
CEO Regin Jacobsen attributed the drops to several factors, and emphasized the four-week Faroese workers’ strike in May 2024 – which delayed his firm’s planned salmon harvests until after Q2’s peak price window. The early harvesting of two pens at its A-19 farming site, after the detection of
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