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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A larger harvest and higher average sales prices helped Frøya, Norway-headquartered salmon-farming group Måsøval achieve operating revenues of NOK 688.4 million (USD 65.4 million, EUR 60.3 million) in the fourth quarter of 2023, up from the NOK 400.3 million (USD 38 million, EUR 35.1 million) reported for the corresponding period of 2022.
For the full year 2023, Måsøval’s operating revenues exceeded NOK 2.4
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Norway has long been a leading exporter of seafood to the United Kingdom, with the Scandinavian country holding an estimated 20 percent share of the U.K. seafood import market just last year.
However, there are worrying Norway-U.K. seafood trends arising, mainly regarding declining fish consumption among Britons and subsequent dips in import volumes of Norwegian cod, salmon, and prawns.
This topic was a major discussion point at the 2024
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Due to a solid fourth quarter in 2023 and a strong financial year overall, Bergen, Norway-headquartered Lerøy Seafood Group (LSG) is making steady progress toward meeting most of its 2025 strategic targets originally set in mid-2022, according to the company's CEO, Henning Beltestad.
These objectives include an EBIT of NOK 1.25 billion (USD 118 million, EUR 109.1 million) for its downstream Value-Added Processing, Sales, and Distribution
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European fisheries body Europêche has called upon European policymakers to rework elements of the E.U.'s Common Fisheries Policy (CFP), including strengthening its socioeconomic and food security sections and ensuring the European seafood industry is maintains its competitiveness internationally.
Alongside these requests, in a recent meeting with member states in preparation for the next legislative term of the European Parliament,
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Bergen, Norway-headquartered Grieg Seafood ASA experienced a difficult Q4 2023, with weak biological performance at the company’s operations in the Finnmark region of Norway particularly affecting year-end output.
In the salmon producer’s Q4 2023 report Grieg CEO Andreas Kvame confirmed that the Spironucleus salmonicida parasite, winter ulcers, and jellyfish have impacted survival rates and operational efficiency in
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Glyvrar, Faroe Islands-based Bakkafrost Group delayed harvests planned for last year in both the Faroes and Scotland until early 2024, and the company said it hopes improved biological performance elicits a solid – albeit delayed – harvest and turns around what was a disappointing end to 2023.
For FY 2023, the company’s revenues amounted to DKK 7.14 billion (USD 1 billion, EUR 957.8 million), and its operational earnings before
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Salmon industry trade body Salmon Scotland has joined 15 other representative groups of the Scottish food and beverage sector in voicing alarm over a surtax on retailers currently being considered by the Scottish government.
Representing a wide array of the Scottish food and beverage industry, the organizations, including the Scottish Retail Consortium, Scottish Financial Enterprise, and the Scotch Whisky Association, have jointly written to
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The decision taken by U.K. and Scottish governments to stop sandeel fishing in their waters will have major implications for the fishing and processing sectors in Denmark and the European Union, according to Marine Ingredients Denmark.
The move also contravenes the cooperation agreement signed by the E.U. and the U.K. in December 2020, and the decision lacks scientific backing, the fishmeal and fish oil producers’ organization has
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Aquaculture technology provider AKVA Group posted increased revenues and profitability in the fourth quarter of 2023 but stated that the introduction of Norway’s new resource rent tax on salmon farming has negatively impacted both its land- and sea-based business segments.
Delivering AKVA’s Q4 2023 results on 16 February 2024, CEO Knut Nesse said the company’s activities in 2023 remained relatively the same as the previous
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The fourth quarter of 2023 closed out a solid year’s performance for Frøya, Norway-headquartered SalMar, but the period also ended with several of the salmon producer’s facilities in central and northern Norway suffering from string jellyfish attacks.
With the attacks continuing to cause serious impacts to fish welfare into the new year, the company has culled substantial volumes at multiple locations and harvested much of its
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