October 14, 2019
Mowi Canada licenses suspended in Canada following fish deaths
Mowi Canada has been informed by the Canadian Department of Fisheries and Land Resources of Newfoundland and Labrador that 10 of its 47 licenses in Newfoundland have been temporarily suspended, Mowi, formerly known as Marine Harvest, said.
The move came following recent mortalities of 2.6 million fish or approximately 5,000 tonnes of biomass on the Coast of Bays, Newfoundland.
Mortalities were caused by prolonged high seawater temperatures that created low oxygen conditions. All licenses suspended are related to sites experiencing these mortalities. The suspension will not impact Mowi Canada's remaining operations in Newfoundland, the company said.
According to Mowi, the fish mortalities were insured. Net one-off costs to be recognised in Mowi Canada in the third quarter amounts to approximately €5 million. The impact on Mowi's harvest volumes for 2019 is expected to be a reduction of approximately 1,000 tonnes GWT.
Mowi Canada holds in total 59 licenses in Canada East, of which 47 are in Newfoundland and 12 are in New Brunswick.