AKVA group reports €4M loss in preliminary Q2 result

And strong revenues with cost related headwinds According to a preliminary Q2 report, AKVA group is expecting a strong revenue impact by increased costs from high inflation rates, warranty, and cost provisions. EBIT is expected to be negative of MNOK 41 for Q2 22. The strong revenues detail of MNOK 907 in Q2 22, represents…

ByRocio Álvarez JiménezAugust 3, 20220Comments

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Chile Supreme Court confirms fine to AquaChile

For reporting mortality after deadline The Supreme Court of Chile has confirmed a fine to AquaChile for reporting mortality after the deadline. The farm where this happened is located in the Aysén Region. Thereby, the Supreme Court rejected the appeal in the fund deducted against the sentence. It applied a fine of 150 UTM. According…

ByRocio Álvarez JiménezJuly 19, 20220Comments

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Mowi reports an operational EBIT of approximately €320M in Q2 2022

An increase of 133% from the same quarter in 2021 Mowi ASA has reported that the operational EBIT was approximately EUR 320 million in Q2 2022. In other words, an increase of 133% from the same quarter in 2021 (EUR 137 million). According to the company’s quarterly trading update, the total operational EBIT per kg…

ByRocio Álvarez JiménezJuly 18, 20220Comments

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AquaChile invests more than 355M CLP in 2021 and creates 5,200 jobs

The company publishes reports about its labor and economic contribution to the country AquaChile has invested 355 million CLP on community issues during 2021. In addition, the company had 5,200 direct employees, 89% of whom live in the same region where they work. While indirect employment amounted to 3,458 people. Further, the company's supplier…

ByRocio Álvarez JiménezJune 3, 20220Comments

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Cermaq confirms a 95% survival rate for Atlantic salmon in 2021

The firm has made public its Sustainability Report 2021 Cermaq's Sustainability Report 2021 shows that the survival rate for Atlantic salmon last year was 95% with variances between areas. Thereby, just 5,609 of more than 90,000,000 fish in its worldwide operations escaped. Although, the company confirmed it did not reach the goal of zero…

ByRocio Álvarez JiménezMay 25, 20220Comments

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IFFO reports a lower use of marine raw materials globally

From January to March 2022 and compared to March 2021 IFFO – The Marine Ingredients Organisation report, which analyzes the marine ingredients market trends from January to March 2022, shows this year a lower use of marine raw materials globally compared to 2021. Overall, the raw material used in March 2022 by the countries considered…

ByRocio Álvarez JiménezMay 20, 20220Comments

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“I firmly believe salmon demand will continue to boost”, says CEO from Mowi

During the presentation of Mowi’s first quarter 2022 report, CEO Ivan Vindheim commented salmon is a "fantastic product with great product features and the beneficiary of strong megatrends". "I firmly believe this will continue to boost demand going forward," he insisted. Ivan Vindheim - LinkedIn profile The surge in salmon prices in all markets allowed the good…

ByRocio Álvarez JiménezMay 11, 20220Comments

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Record year for Norwegian seafood shipments, Qatar Airways Cargo reports

Salmon accounts for 95% of these products Qatar Airways Cargo has reported a record year for seafood shipments from Norway in 2021. Salmon makes up 95% of all perishable seafood carried onboard the company’s flights from Scandinavia. Norway is the world’s number one salmon exporter with 1.3 million tonnes of salmon at a value of…

ByRocio Álvarez JiménezMay 10, 20220Comments

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Canadian researchers encourage to consider both ocean and land-based salmon farming

Affordability for consumers should be a priority Researchers at Dalhousie University encourage the Canadian Department of Fisheries and Oceans to consider both ocean and land-based salmon farming. This way the salmon would be more affordable. A survey of over 10,000 Canadians showed more support for ocean-based farming than for land-based. Contrary, a federal government report…

ByRocio Álvarez JiménezApril 25, 20220Comments

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Norwegian salmon feed producers integrate new ingredients, Nofima reports

Based on the four largest feed companies Producers of Norwegian salmon feed are integrating new ingredients, according to a report on raw materials for salmon and trout made by Nofima. The documentation is based on feed-in 2020 from the four largest feed companies. The report shows that the composition of feed for Norwegian farmed salmon…

ByRocio Álvarez JiménezApril 19, 20220Comments

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