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Wednesday, November 16, 2022
Norway's proposed aquaculture tax blamed for SalMar's decision to retrench employees
Norway-based seafood group SalMar will retrench 851 employees, blaming the country's planned aquaculture tax for the move.
Saturday, October 29, 2022
Report finds Norway's seafood sector experienced strong growth in 2022
A new report prepared by Menon Economics, Nofima, and Norce found that Norway's seafood sector experienced strong growth in 2022, with aquaculture the biggest growth driver of the industry, Fish Information & Services reported.
Monday, October 10, 2022
Norway's Finance Minister adamant that controversial tax will be imposed on country's aquaculture
Norway's Finance Minister, Trygve Slagsvold Vedum, remained defiant on October 6 as he prepared to deliver his first national budget which will impose extra costs worth billions of krone on the country's larger salmon and trout farmers.
Friday, October 7, 2022
Norway exported US$10.4 million worth of seafood this year
The Norwegian Seafood Council said Norway has exported NOK 109 billion (~US$10.4 billion; NOK 10 = US$0.95) between January to September 2022, a new record and NOK 24.3 billion (~US$2.3 billion) or 29% higher compared to the same nine month ...
Tuesday, October 4, 2022
Norway's introduction of tax proposal rouses displeasure from salmon companies
Norwegian salmon-farming firms are rethinking planned investments following the introduction of a proposal by Norway's government that would increase the tax rate they face by 40%.
Tuesday, October 4, 2022
Mowi cancels acquisition of MAB growth following Norway's resource tax proposal
Mowi announced that it is canceling its acquisition of 914 tonnes Maximum Allowable Biomass (MAB) for a total value of kr183 million (US$17.2 million), in light of the Norwegian government's proposal for a 40% resource tax on aquaculture in ...
Monday, October 3, 2022
US' BioFeyn co-hosts Salmon School and Technology Showcase in Lovund, Norway
US feed innovator BioFeyn and startup investor Olaisen Blue co-hosted the Salmon School and Technology Showcase for investors, startups, industry leaders and producers to highlight innovation and sustainability in salmon aquaculture.
Thursday, September 29, 2022
Norway proposes new aquaculture tax
Norway has proposed a new resource rent tax on aquaculture, with effect from January 1, 2023, which will affect producers of salmon, trout and rainbow trout.
Friday, September 2, 2022
Norway-based Aquaticode raises $6 million in first external funding round
Aquaticode, a Norway-based tech developer that identifies performance traits across multiple farmed fish species to boost production, has raised $6 million in its first external funding round.
Monday, August 29, 2022
Norway's Artec Aqua in US$175.1 million-plus deal to set up land-based salmon farm in Iceland
Artec Aqua, a Norwegian based turnkey supplier for onshore aquaculture, has signed a £150 million-plus (US$175.1 million) deal to build a large land-based salmon farm in Iceland.
Monday, August 22, 2022
Salmar Aker Ocean's fish farm in Norway possibly limited to initial biomass of 9,000 tonnes of salmon
Salmar Aker Ocean's pioneering offshore fish farm in Norway should be limited to holding a maximum biomass of 9,000 tonnes of salmon during its first production cycle, according to the Norwegian Food Safety Authority (Mattilsynet).
Thursday, August 11, 2022
Infectious fish disease detected at salmon farm in Namsenfjorden, Norway
A highly infectious fish disease known as furunculosis has been discovered at a salmon farm in Namsenfjorden, central Norway.
Friday, July 8, 2022
Norway earns over US$7 billion from seafood exports thanks to high salmon prices
The Norwegian Seafood Council said Norway earned a record NOK 71.1 billion (~US$7.047 billion; NOK 1 = US$0.099) from seafood exports in the first half of 2022, thanks largely to high salmon prices, Fish Information & Services reported.
Tuesday, June 21, 2022
Norway proposes new regulations for offshore salmon farming
The Norwegian government is proposing new regulations for offshore salmon farming, which differs from those imposed by Norway's "traffic light" scheme for coastal aquaculture, Fish Information & Services reported.
Tuesday, June 7, 2022
Value of Norway's seafood exports on the rise in May
Norway's seafood exporters saw big increases in value in May, with farmed salmon experiencing one of its best months ever.
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