Sheffield, United Kingdom-based aquaculture health, nutrition, and genetics business Benchmark Holdings PLC has conditionally raised total gross proceeds of GBP 6.6 million (USD 8.6 million, EUR 7.9 million) through an open offer announced on 30 January 2020, representing the full amount proposed.
In an advisory posted through the London Stock Exchange, Benchmark also said that the company has conditionally raised total gross… Read More
Icelandic producer Arnarlax estimates that it lost around 500 metric tons (MT) of salmon to a strong storm that hit Iceland’s west coast this month, with operations ongoing to both remove dead fish and to harvest those fish in cages that have been weakened by the extreme weather …
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Iceland’s fishing fleet landed 35,780 metric tons (MT) of fish and shellfish last month, which was 23 percent less than in January 2019, with the only volume increase coming in the pelagic category …
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Innovative ideas and projects targeted at boosting the United Kingdom’s seafood sector can receive funding up to GBP 250,000 (USD 323,841, EUR 296,756) through a second round of the GBP 10 million (USD 13 million, EUR 11.9 million) U.K. Seafood Innovation Fund (SIF).
The fund opened to applications on 7 February and will close on 20 April, 2020.
Robotics, artificial intelligence, fishing gear innovations, and biomedical advances were some… Read More
AKVA Group ASA achieved fourth-quarter revenues of NOK 655 million (USD 70.7 million, EUR 65.2 million), a decrease of 10 percent year-on-year, and losses before interest, tax, depreciation, and amortization (EBITDA) of NOK 40 million (USD 4.3 million, EUR 4 million), compared with earnings of NOK 57 million (USD 6.2 million, EUR 5.7 million) in Q4 2018.
Net profit fell from NOK 19 million (USD 2.1 million, EUR 1.9 million) to a loss of NOK… Read More
Strong performances by its Norwegian farms led Grieg Seafood ASA to achieve operational earnings before interest and taxes (EBIT) of NOK 357.3 million (USD 38.6 million, EUR 35.5 million) before fair-value adjustment of biomass in the fourth quarter of last year. These earnings were up from the NOK 350.7 million (USD 37.9 million, EUR 34.8 million) delivered in the corresponding period of 2018.
The Bergen-headquartered Atlantic salmon producer… Read More
Exports of Scottish salmon reached their highest ever value in 2019, finds new statistics released by U.K. government’s HM Revenue and Customs (HMRC). In total, overseas sales of Scottish salmon increased 22 percent on the previous year …
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Bergen, Norway-headquartered salmon farmer Mowi achieved operational earnings before interest and taxes (EBIT) of EUR 165.7 million (USD 181 million) in the fourth-quarter of last year, down 22 percent from the EUR 213 million (USD 232.6 million) posted for the corresponding period of 2018.
While Mowi’s EBIT of EUR 720.9 million (USD 787.3 million) for 2019 as a whole was lower than the previous two years, CEO Ivan Vindheim said that it… Read More
The Brexit deal being pursued by the United Kingdom's government could significantly undermine the Scottish salmon sector by requiring exporters to secure health certificates to send products to E.U. markets, the Scottish Salmon Producers Organisation (SSPO) has warned.
At present, because of the free movement of goods within the E.U., Scottish salmon shipments do not require export health certificates (EHCs). However, the SSPO fears this… Read More
Norway Royal Salmon (NRS) has reported operational earnings before interest and taxes (EBIT) of NOK 136 million for the fourth quarter of last year and an EBIT of ...
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