NASDAQ: Norway salmon spot prices lift again in week five
Spot prices for Norwegian farmed salmon rose once again in week five of 2022, according to the NASDAQ Salmon Index
Australian gov’t aquaculture recommendations welcomed by industry
The recommendations are in the Australian government’s 'Supporting a strong future for Australian aquaculture' report
Finnish family business snaps up PRFoods subsidiary for €10m
The Hukkanen family will take over the 'deeply unprofitable' Finnish operation, merging it with assets that include the Nordics' largest smoker
Russian frozen fish prices steady, firm in week five
Russian frozen fish spot prices were mainly stable in the Far Eastern regions, but spot price levels firmed in the North-Western and Central regions
Grieg secures $360m sustainability-linked debt financing
The agreement with DNB Bank and Nordea Bank provides Grieg with a NOK 750m term loan, a €75m term loan, and a NOK 1.5bn revolving credit facility
Norway’s fresh salmon export value hits new high in week five
The average export value of fresh Norwegian salmon during the fifth week of 2022 was NOK 74.45/kg, a new high since the beginning of the pandemic
Salmon Evolution preparations for phase two, first smolt release on track
The land-based salmon farmer's plan to release its very first smolt in March remains on schedule and budget, with first harvests planned for later in the year
Russia’s aquaculture output hit almost 357,000t in 2021
Russia's aquaculture production increased by 8.5% year-on-year to 356,600 metric tons in 2021, with salmon accounting for 38% of the total during this period
Grieg to deploy ‘semi-closed’ BC salmon farms despite net-pen phaseout
Grieg might see some wiggle room in the statements made by the administration of prime minister Justin Trudeau regarding the eventual ban
Herring harvester appeals to stop industry-funded at-sea observer rule
While judge William Smith found in favor of NOAA in September 2021, Seafreeze Fleet has appealed, arguing that the cost of observers would render fishing unprofitable