Bakkafrost halts sales to Russia over military aggression
Bakkafrost's CEO Regin Jacobsen told Undercurrent News his company was 'in shock' over Russia's actions, and felt it had to halt its supplies there
NTS Q4 revenue hits $290m after acquisitions, but margins down
The farming and aquaculture service vessel group reported quarterly earnings of NOK 479m, up 178% year-on-year
NSC head resigns after six years
After six years as CEO of the Norwegian Seafood Council, Renate Larsen has made the decision to resign
Reuters: Alaska scientists worried about climate change limiting salmon industry
The state of Alaska has taken to sending emergency food shipments to communities affected by the loss of wild salmon due to marine heatwaves
Big US seafood exporter to Ukraine scrambles to find other ports
'This is not our first war' -- Alex Babadzhanov, Sogda
Norway, Scottish salmon prices dip while Chile’s keep rising in week nine
There appears to have been a small price correction in Norway as a result of Russia's invasion of Ukraine, but prices remain historically high as the supply shortage continues
Russia-Ukraine fallout: Japan panel advises law change to revoke Russian MFN trading status
Keep clicking back to this blog for updates on how the evolving crisis is impacting the seafood sector
Iceland the focus of NRS’ planned $88m capex spend for 2022
NRS expects to phase out its use of triploid salmon, release the first big smolt from its new facility, and open a new Icelandic processing facility this year
NASDAQ: Salmon prices soar beyond 10-year highs in week seven
Spot prices for Norwegian farmed salmon leaped once again in week seven of 2022, according to the NASDAQ Salmon Index
Bakkafrost shares drop 9% on Q4’s salmon deaths
But Fearnley Securities believes the market has overreacted and has upgraded Bakkafrost to a 'buy', adding that the Russian market should remain solid for the Faroese firm