London-based seafood writer and communications consultant Jason Holland has been a contributing editor to SeafoodSource.com since January 2010. Jason has more than 25 years of experience as a B2B journalist and editor – a career that has taken him all over the world. He believes he found his true professional calling in 2004 when he started documenting the many facets of the international seafood industry and he’s particularly proud of the strong, collaborative relationships he has formed at all stages of the supply chain.
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heffield, U.K.-headquartered aquaculture biotechnology company Benchmark saw positive progress in its Genetics and Advanced Nutrition segments in the first half of its 2024 fiscal year, but this was largely offset by headwinds in its Health segment.
According to Benchmark’s interim results, its Q2 2024 revenues totaled GBP 39.8 million (USD 50.7 million, EUR 46.7 million), down 10 percent year over year.
By segment, Genetics revenues
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Larger harvest volumes and higher average sales prices led to an over 40 percent jump in Q1 2024 operating revenues year over year for Frøya, Norway-headquartered salmon-farming group Måsøval.
Måsøval posted operating revenue of NOK 402.3 million (USD 38 million, EUR 35 million) in the quarter, a NOK 165 million (USD 15.6 million, EUR 14.4 million) increase over the total reported for the same period in 2023.
The
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Grieg Seafood has seen biological improvements across many of its farming regions to start 2024, but the group’s operations in the Finnmark region of Norway faced several challenges, including the Spironucleus salmonicida parasite and string jellyfish.
In the Bergen, Norway-headquartered salmon producer’s Q1 2024 report, CEO Andreas Kvame said along with low seawater temperatures, the challenges impacted fish health, welfare,
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Whitefish markets normalized in the first quarter of this year after a challenging 2023, giving Reykjavik, Iceland-headquartered Iceland Seafood International’s (ISI) optimism for the rest of its 2024 performance, according to CEO Ægir Páll Friðbertsson.
In a statement accompanying the release of ISI’s Q1 2024 results, Friðbertsson said the upturn for whitefish was both “a welcome sign” and “a step
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SalMar's Q1 2024 featured difficult biological conditions that led to drops in the Frøya, Norway-headquartered salmon producer's EBIT and revenues.
Harsh winter conditions, extreme weather events, and string jellyfish attacks impacted the quarterly performance of SalMar’s farming segments in Norway, with particularly severe challenges in its Farming Northern Norway operations resulting in lower average harvest weights and a low
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Frøya, Norway-headquartered salmon-farming group Måsøval has completed its purchase of a Mowi harvesting facility in the Norwegian town of Ulvan, with the group confirming it has signed the final contract and is in the process of taking over operations.
In a filing with the Oslo Stock Exchange, Måsøval said it aims to continue the facility’s harvesting operations, eventually developing them beyond their
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Bergen, Norway-headquartered Lerøy Seafood Group (LSG) experienced solid biological performance across its salmon- and trout-farming operations in the first quarter of this year, but revenues and EBIT in its Farming and Wild Catch segments suffered year-over-year drops, according to CEO Henning Beltestad.
Delivering the group’s Q1 2024 results on 15 May, Beltestad confirmed that shielding technology LSG has introduced to support
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