Mowi’s high Q4 harvest volumes offset by weak margins, Canada losses
The company posted a total harvest of 117,000t for the quarter, some 11% above expectations; yet operational margins were down 10% on analyst predictions
Scallop, lobster landings led Massachusetts to record-breaking values
The Massachusetts Division of Marine Fisheries reports having recorded more than $800 million worth of seafood landings in the US state in 2021, an all-time high
Algal blooms contribute as Norwegian, Chilean, Scots salmon prices rise again
Spot prices for all three origins look set to remain high in week three of 2022, as Chile's algal bloom plays into buyers' thinking
Improved costs, even tighter market; analyst fancies Mowi for 2022
Mowi was the single Norwegian salmon farmer to improve its production cost picture across the full year, while the algal bloom shows how the tight supply picture can become tighter still
Herring fishing off to quick start in Norway
Norway's pelagic auction has received more than 22,000t of spring-spawning herring, and almost 6,000t of North Sea herring, in the first week of 2022
Weak sales, energy shortages drive Brazilian tilapia prices further down
Strong supply and increasingly lower sales through retail and other channels have put a lot of pressure on Brazilian tilapia prices, which suffered more drops
Grieg posts impressive cost reduction, harvests short of guidance for Q4
Total harvest volumes for the quarter came to 23,700t, below the original guidance of 25,100t, and producing a final annual harvest of 75,600t for 2021
Over 2,600t of salmon now dead from algae bloom in Chile
Chile's Sernapesca reported mortalities of 2,666t, of which 82% have been successfully withdrawn, at five fish farms belonging to Blumar, Salmones Austral and AquaChile
Washington’s highest court upholds Cooke’s steelhead permit
The nine judges of the Washington Supreme Court agreed unanimously to reject a challenge that advocacy groups mounted to the approval of Cooke's permit to farm steelhead
Peterson named as president of BBNC Alaska cod supplier Bristol Wave
Joel Peterson is a former member of the NPFMC's advisory council. Dave Little had served as president of Bristol Bay Alaska Seafoods since 2019 and will now assume the role of CEO