Diana Aqua, a business unit of Symrise Taste, Nutrition, and Health specializing in the production of functional ingredients and palatability-enhancers that help aquafeed manufacturers to develop high performance feeds, has confirmed it has begun operating under new name, Symrise Aqua… Read More
Aarhus, Denmark-headquartered aquafeed supplier BioMar Group has shut down all of its commercial trade activities within Russia in the wake of its invasion of Ukraine.
BioMar said the ban represents a major step for the company, as the loss of raw materials from Russia and lost sales volume will have a significant impact on its bottom line.
“This has not been an easy decision, but as a company driven by our purpose and values, we must take… Read More
Scottish-owned family company Dawnfresh Seafoods, one of the United Kingdom’s largest processors and producers of fish and seafood, has been placed into administration, with staff at its factories in Arbroath and Uddingston told of the news on Tuesday 1 March 2022 …
Photo courtesy of Dawnfresh… Read More
SalMar ASA has selected Linda Litlekalsøy Aase to take over the position of CEO at the Frøya Municipality, Norway-headquartered salmon farming firm.
Aase will take up the role no later than 1 June, 2022, while current CEO Gustav Witzøe said he is willing to be nominated to the company's board, according to a statement issued by SalMar’s board of directors.
The new CEO joins from Aker Solutions, where she served as an… Read More
Norwegian Seafood Council (NSC) is looking for a new CEO following the resignation of Renate Larsen, who has been in the role for six years.
In a press release, Larsen said the decision to step down as head of the trade body representing the Norwegian seafood industry was hers alone, and that she will remain in the position throughout her six-month notice period if the NSC board requires it.
“There’s no drama behind my decision. I… Read More
Trondheim, Norway-based cod aquaculture company Norcod AS harvested 1,390 metric tons (MT) of fish in 2021, achieving NOK 72 million (USD 8 million, EUR 7.1 million) in revenue …
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Trondheim, Norway-headquartered Norway Royal Salmon (NRS) has reported operational earnings before interest and taxes (EBIT) of NOK 102 million (USD 11.5 million, EUR 10.2 million) and earnings before interest and taxes (EBIT) per kilogram of NOK 9.43 (USD 1.07, EUR 0.94) for the fourth quarter of 2022. Both figures were up year-over year, with 2020’s Q4 EBIT at NOK 17 million (USD 1.9 million, EUR 1.7 million) and its EBIT per kilo… Read More
With increased demand following the easing of COVID-19 restrictions, Reykjavik-headquartered Iceland Seafood International (ISI) achieved total sales of EUR 449 million (USD 509.5 million) for the full-year 2021 ...
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Having secured an eight-figure funding package from banking group HSBC U.K., backed by U.K. Export Finance (UKEF), Peterhead, Scotland-based Denholm Seafoods has set its sights on supplying new markets across Europe and Asia.
In a press release, the herring and mackerel fresh and frozen processor confirmed that the funding package was backed by a GBP 15 million (USD 20.4 million, EUR 18 million) general export facility backed by UKEF, the… Read More