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    Nova Sea will not renew 18 plant contracts after tax proposal launch

    In connection with the uncertainty surrounding the design of the standard price for the aquaculture industry, Nova Sea will reduce from two to one...

    Brian Sikes, new Cargill President and Chief Executive Officer

    Cargill has announced Brian Sikes has been elected President and Chief Executive Officer (CEO), effective Jan. 1, 2023. With this transition, Dave MacLennan will...

    Thai Union now owns 50% of Aegir Seafood

    Thai Union has announced that it has converted its loan-based strategic investment in Aegir Seafood into a 50% shareholding. The aim is to strengthen the successful business relationship Aegir has developed with Thai Union's brands across Europe. Since Thai Union's investment in Aegir Seafood in 2019, the Icelandic company has made a substantial contribution to the growth of Thai Union's brands and private label business. Particularly for King Oscar and Rügen Fisch. "Aegir's supply of premium products has enabled King Oscar and Rügen Fisch to grow their cod liver business. Also, to enter into new markets, which respond very well to the cod liver produced in Iceland," said Paul Reenan, Regional President at Thai Union Europe. "With Thai Union now owning 50% of Aegir, we expect this growth to be accelerated." In addition, Guðmundur P....

    Salmones Camanchaca Q3 results driven by higher prices and sales volumes

    The average price of Atlantic salmon sold by Salmones Camanchaca during Q3 2022 was USD 7.87/kg WFE, which was...

    Grieg Seafood stops offshore project following Norwegian government’s tax proposal

    Grieg Seafood Rogaland has announced that it will put on hold its offshore project Blu Farm, following the government's...

    Leroy’s harvest volume reduced and weaker farming growth than expected

    According to Lerøy Seafood Group's Q3 2022, Earnings in the VAP, Sales & Distribution segment have been negatively impacted...
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    Mowi is not adding to the layoffs, for the moment

    According to news published by Camila Knudsen in Norwegian business media E24, Mowi says the layoffs are not relevant...

    SalMar blames salmon tax for layoff notice sent to 851 employees

    SalMar has today, Monday, sent notice of layoffs to a total of 851 employees at its processing facilities in...

    “The tax will hit harder and wider than what was intended,” Norwegian report suggests

    The challenges of the salmon tax report outline that the Norwegian government’s proposal "will hit harder and wider than...

    “A lack of transparency through the distribution chain mutes the power of consumers to vote with their dollars to influence change”

    I don’t imagine I’m too different than many young boys and girls that experience the beauty of subsistence or...
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