New record quarter for BEWI in Q2 2022

BEWI has achieved another record quarter according to its Q2 and first half 2022 results presented today, with sales up 40% compared to the same quarter last year. Solid demand, strong price management and accredited acquisitions are the key points behind this positive result, according to the Norwegian leader in packaging, components and insulation solutions.…

ByMarta Negrete5 days ago0Comments

News

July 2022, the best single month ever for Norwegian salmon exports

Exports NOK 10 million higher than in June 2022 July 2022 was the best single month ever for salmon exports, the Norwegian Seafood Council has reported. In other words, exports were NOK 10 million higher than the previous record month (June 2022). The price for fresh whole salmon in July was NOK 84.87 per kg.…

ByRocio Álvarez JiménezAugust 3, 20220Comments

News

Hima Seafood obtains full financing to build the “world’s largest trout farm”

In Rjukan, Norway Hima Seafood has fully succeeded in financing the construction of the world's largest trout farm located in Rjukan, Norway. The facility has been designed by Eyvi and will be constructed by Total Betong. In more detail, the company has confirmed WeAreAquaculure that the funding came from two global infrastructure funds with a…

ByRocio Álvarez JiménezAugust 3, 20220Comments

News

Egersund Net gets a new net-cleaning service station at Sandstrand

Egersund Net is a part of AKVA group AKVA group, Egersund Net has announced that is finally started to launch a new net-cleaning service station at Sandstrand, Norway. As a result, the project will be completed early in January 2023. The initial date was in May but it has been delayed due to difficult contract negotiations,…

ByRocio Álvarez JiménezAugust 1, 20220Comments

Erik Tveteraas, Nutreco's Investment Director, by the ocean at Stavanger, Norway.

Talent view

Talent View: Erik Tveteraas

"You are the Norwegian here, Norway is a huge seafood nation, you have to manage this". With those words, Erik Tveteraas' aquaculture career began. Being "the Norwegian" was a great asset, having a certain personal interest in the subject and a family from Stavanger, in the region of Rogaland (a place with a great tradition…

ByMarta NegreteJuly 28, 20220Comments

News

The Pelham Small Cap Fund buys up to 11% ownership in Atlantic Sapphire

A total shareholding of 14,035,908 shares The Pelham Long/Short Small Cap Master Fund Ltd has been allocated 7,207,317 shares in Atlantic Sapphire ASA private placement. The price per share is NOK 20.50. This means a total shareholding of 14,035,908 shares which represents 10.02%. The new shares in the private placement (including the second tranche approved…

ByRocio Álvarez JiménezJuly 26, 20220Comments

In Depth

Aquaculture public image (II): the possible solutions

Does aquaculture have a public image problem? That was the question we posed in our previous article in this series. We saw that some believe it is, but also that others do not. We saw that the data support the good practices and results of this industry, but we also saw that's not enough, and…

ByMarta NegreteJuly 23, 20220Comments

News

Decreasing number of king crab catches in Norway as prices go higher

According to Norges Råfisklag The Norwegian sales organization, Norges Råfisklag, has informed that 40 tonnes of king crab worth NOK 16.6 million were fished in week 28, down from 42 tonnes/16 million the week before. Further, the average price for A-quality male crab was NOK 481/kg, up from NOK 475/kg the week before. Also, the organization…

ByRocio Álvarez JiménezJuly 22, 20220Comments

News

Statt Torsk ASA sells 1,600 metric tons of its farmed cod for €6.9M

The agreement involves 2 weekly deliveries Statt Torsk ASA will sell 1,600 metric tons of its farmed cod for €6.9 million ($7 million/NOK 70 million). In more detail, the agreement involves 2 weekly deliveries and approximately 30% of the company's initiated and expected production. Regarding this announcement, CEO Gustave Brun-Lie said: "For STATT, this…

ByRocio Álvarez JiménezJuly 22, 20220Comments

News

The Supreme Court of Norway rejects Biomar appeal

The company will have to pay SuperSmolt patent holder STIM After suffering consecutive losses in previous judicial authorities, the Supreme Court of Norway has rejected the appeal from Biomar. The feed producer must now pay SuperSmolt patent holder STIM. Consequently, Biomar must pay well over NOK 36 million in compensations and legal costs to STIM.…

ByRocio Álvarez JiménezJuly 21, 20220Comments

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