High prices, volumes, overcome cost levels as Camanchaca makes Q4 profit
Production costs were up 15% y-o-y due to the continued harvesting of fish from sites affected by algae blooms, but sales of inventories at high prices meant strong results
EU prepares sanctions on Russia after invasion of Ukraine begins
EU president von der Leyen will outline a sanctions package being finalized by the European Commission, and which the Council will swiftly adopt, on Feb. 24
High Liner’s Q4 sales improve but expenses erode earnings
CEO Rod Hepponstal said that High Liner took 'early action' to mitigate some of the supply chain troubles that have been hitting manufacturers
Anti-Pebble Mine group launches $100k ad campaign to ‘finish the job’
The Bristol Bay Defense Fund on Tuesday announced that it has launched a new $100,000 digital, print and television advertising campaign
Ice Fish Farm eyes potential 72,000t harvest as Laxar takeover takes shape
The companies have set out their joint management structure, and hope that in time their maximum allowed biomass can surpass 70,000t
NRS adjusts 2022 Icelandic harvest guidance down after Arctic Fish mortalities
The company has now guided for 10,100t out of subsidiary Arctic Fish this year, and a total group harvest of 45,100t, down 10% on last year
Norwegian fresh salmon export value hits all-time high in week seven
The average export value of fresh Norwegian salmon continued to rise during the seventh week of 2022
Bristol Bay processors add capacity but shortfall still possible
Salmon processors in the US state of Alaska are making preparations to collectively handle 10m more sockeye this year than they did in 2019
Russian salmon catches forecast to reach 264,000t in 2022
The year-on-year drop of 51% would be fairly normal, with Russia's odd-year fisheries often double the landings seen in an even year
Despite salmon deaths, Faroes more than offsets Scottish losses for Bakkafrost in Q4
Bakkafrost reported mortality costs of DKK 45m in the Faroes on top of DKK 179m in Scotland, but the former still more than offset the latter with an EBIT margin of 25%