Norwegian salmon farmer finds ISA in pens

Norwegian salmon farmer Norway Royal Salmon has reported it has discovered Infectious Salmon Anemia (ISA) at two of its farming operations.

In a disclosure to the Oslo Stock Exchange, Norway Royal indicated the disease has been found at its Baltsfjord site in Troms and its Kokelv site. The Baltsfjord site has 500,000 fish in it which will be destroyed “within a few days.”

“This fish will be replaced by new smolts in 2015 and there will not be any significant production consequences,” the company wrote in its statement.

The Kokelv site, on the other hand, contains 1.2 million fish of larger size than the Baltsfjord site, and the company is still trying to determine how much the disease has spread through that site. If all the fish at the Kokelv site need to be destroyed, the company estimates a one-off cost in 3Q 2015 of about NOK 20-25 million.

Norway Royal said both sites received smolts from the same supplier, and “there is no risk of further detections.”


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