Norwegian salmon smolt producer BioFish Holding AS has confirmed the receipt of new contracts for the delivery of post-smolt from salmon farming company Bolaks AS. Privately-owned Eikelandsosen, Norway-headquartered Bolaks is a new customer for Biofish …
Photo courtesy of BioFish… Read More
The board of Stolt-Nielsen Limited (SNL), the parent company of turbot and sole aquaculture producer Stolt Sea Farm, has confirmed that Niels G. Stolt-Nielsen has decided to step down as CEO.
In a statement, SNL said Stolt-Nielsen will continue as CEO and as a director on the board until the appointment process for a successor has been completed. He has served as CEO since November 2000 and has been a director since 1996.
“It has been a… Read More
Mowi ASA has announced it intends to launch an offer to acquire all of the shares of Norwegian aquaculture group NTS ASA at NOK 110 (USD 12.28, EUR 10.84) per share, to be settled 50 percent in cash and 50 percent in Mowi shares.
Mowi said it valued NTS as one of the leading producers of Atlantic salmon in Norway and Iceland. From a foundation in central Norway, the NTS Group has grown into a fully integrated salmon farmer, producing 84,000… Read More
Royal Greenland CEO Mikael Thinghuus will step down this summer, bringing an end to his 11 years in the role.
In a statement, Royal Greenland asserts that when Thinghuus took up the position at the end of 2010, the company was in “a deep crisis both financially and strategically,” but that since then, it has undergone a transformation, with its large deficits turning into solid profits.
More than half of the activities Royal… Read More
Kamperland, Zeeland, The Netherlands-based turbot producer Seafarm has become the first fish-farming operation in the world to secure certification against the Aquaculture Stewardship Council’s (ASC) flatfish standard.
Seafarm has been producing farmed seafood for decades, taking what it calls a “whole-circle” approach to farming turbot, from breeding to selling the fish in its on-site restaurant. It also supplies other chefs… Read More
A company owned by shareholders in NTS ASA that represents more than 50 percent of the shares in the Norwegian aquaculture group has announced its intention to make a voluntary cash offer to purchase all of the outstanding shares for NOK 105 (USD 12.00, EUR 10.52) per share.
The offer values NTS’s equity at NOK 13.2 billion (USD 1.5 billion, EUR 1.3 billion), representing a 13 percent premium on the closing price for its shares on 14… Read More
Bergen-Norway based salmon farmer Mowi achieved operational earnings before interest and taxes (EBIT) of approximately EUR 146 million (USD 166.7 million) in the fourth quarter of 2021, down from 2020, but up EUR 97 million (USD 110.8 million) on the corresponding period of 2019.
According to the firm’s latest trading update, the total volume harvested in Q4 2021 was 115,000 metric tons (MT) gutted-weight equivalent (GWE), a reduction from… Read More
Bergen, Norway-headquartered salmon farming group Grieg Seafood ASA harvested approximately 23,700 metric tons (MT) of fish in the fourth quarter of 2021, 3,429 MT more than in the corresponding period of 2020 …
Photo courtesy of Grieg Seafood… Read More