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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The supply of Atlantic salmon around the globe has increased 527 percent since 1995, equating to annual growth of 7 percent over the past 30 years.
However, the industry is nearing a production level where biological boundaries may force that growth to nearly plateau, according to a new report released by Mowi, the world’s largest salmon-farming firm.
Mowi’s 2024 Salmon Farming Industry Handbook highlights that annual
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Russian seafood is not subject to European Union sanctions, but some European countries, including the Netherlands, have banned Russian fishing vessels from accessing their ports due to concern they are engaged in espionage.
But Russia has allegedly been getting around these bans through the help of Norwegian carriers, according to Norwegian public broadcaster NRK.
The Russian cargo ship Belomorye was recently observed alongside Norwegian vessel
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Overseas sales of Scottish salmon reached GBP 645 million (USD 817.4 million, EUR 762.8 million) in the 12 months ending April 2024, an 11 percent increase year over year and the highest level reached in five years, new U.K. government figures have confirmed.
Analyzing the latest customs data, trade body Salmon Scotland determined that in the first four months of 2024 alone, the value of exports soared to GBP 250 million (USD 316.8 million, EUR
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Amersfoort, Netherlands-based food-processing company Nutreco has announced the opening of its Garden of the Future facility in Thurgau, Switzerland, which will serve as the new hub for the company’s phytotechnology program.
“What we’re harnessing is the incredible power of the plant kingdom,” Nutreco CEO David Blakemore said at the official opening of the facility on 5 June.
Located in an area of Switzerland known as the
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Sheffield, U.K.-headquartered aquaculture biotechnology company Benchmark saw positive progress in its Genetics and Advanced Nutrition segments in the first half of its 2024 fiscal year, but this was largely offset by headwinds in its Health segment.
According to Benchmark’s interim results, its Q2 2024 revenues totaled GBP 39.8 million (USD 50.7 million, EUR 46.7 million), down 10 percent year over year.
By segment, Genetics
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Larger harvest volumes and higher average sales prices led to an over 40 percent jump in Q1 2024 operating revenues year over year for Frøya, Norway-headquartered salmon-farming group Måsøval.
Måsøval posted operating revenue of NOK 402.3 million (USD 38 million, EUR 35 million) in the quarter, a NOK 165 million (USD 15.6 million, EUR 14.4 million) increase over the total reported for the same period in 2023.
The
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Grieg Seafood has seen biological improvements across many of its farming regions to start 2024, but the group’s operations in the Finnmark region of Norway faced several challenges, including the Spironucleus salmonicida parasite and string jellyfish.
In the Bergen, Norway-headquartered salmon producer’s Q1 2024 report, CEO Andreas Kvame said along with low seawater temperatures, the challenges impacted fish health, welfare,
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Whitefish markets normalized in the first quarter of this year after a challenging 2023, giving Reykjavik, Iceland-headquartered Iceland Seafood International’s (ISI) optimism for the rest of its 2024 performance, according to CEO Ægir Páll Friðbertsson.
In a statement accompanying the release of ISI’s Q1 2024 results, Friðbertsson said the upturn for whitefish was both “a welcome sign” and “a step
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