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 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
… Read MoreOn 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
… Read MoreGlyvrar, 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
… Read MoreThe Council of the European Union has reached an agreement on Baltic Sea fishing opportunities for 2025, following total allowable catch (TAC) proposals for several key stocks in the area made by the European Commission in August.
The council followed the commission’s proposal on several elements of the agreement, but the commission has stated concern over components that it said are less likely to contribute to the recovery of certain
… Read MoreThe U.K. government has drafted five new fisheries management plans (FMPs) with the intention of improving the long-term sustainability of key stocks, and the plans are now open for consultation through 19 January 2025.
Covering cockles, queen scallops, southern North Sea and Channel skates and rays, southern North Sea demersal non-quota species, and North Sea and Channel sprats – a plan developed jointly with the Scottish government as it
… Read MoreThe European Union recently celebrated Ocean Week, which included debates, exhibitions, and other events in Brussels to celebrate Europe’s seas and determine the best path forward for protecting them.
During the event 140 organizations delivered a united call to the bloc’s leaders, including European Commission President Ursula von der Leye and newly appointed European Commissioner-designate for Fisheries and Oceans Costas Kadis,
… Read MoreFrøya, Norway-based salmon-farming firm SalMar had its harvests drop by nearly 30 percent in Q3 2024 largely due to lower production at its Norwegian farming sites.
SalMar said it harvested approximately 60,300 metric tons (MT) of Atlantic salmon in the third quarter of this year, marking a decrease of 17,800 MT on the corresponding quarter of 2023.
According to the salmon producer’s latest trading update, its Farming
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