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Lerøy doubles Q4 profits for 2021

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SalMar finally wins battle for the NTS group

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Blue Food Innovation Summit set for June

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Mowi posts record-high volumes and revenues in final quarter of 2021

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Philippines makes further progress on fish hatchery project

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Scottish salmon consumption up nearly 8 percent in UK

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Aqua Cultured develops fermented faux squid

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Crown Estate Scotland chief set to retire

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Nordic Halibut achieves best harvest, revenues to date

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UK salmon sales up nearly 5%

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OTAQ reports good profits growth
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By Editors - 20th July 2021

Marine technology group OTAQ has reported a strong increase in revenue and profits for the year to 31 March 2021.
OTAQ, which makes the SealFence deterrent system as well as a variety of monitoring and analysis technology for the aquaculture sector, has reported an 18.5% increase in revenue, year on year, to £4.05m (2020: £3.42m) and a 17.3% increase in gross profit to £2.3m (2020: £1.96m). EBITDA was up to £542,000 (2020: £451,000).
The company also reports cash balances of £3.1m following the drawdown of a five-year £2m CBILS (Coronavirus Business Interruption Loan Scheme) facility.
During 2020/21, OTAQ acquitted the trade and assets of electronic systems design business ROS Technology, added revenue-generating contracts and made a strategic investment in Minnowtech, taking 15% of that company’s equity.
New product development included the live plankton analysis system for detecting algal blooms, in partnership with Blue Lion Labs LLC, and entering the shrimp biomass detection market through the investment in US-based Minnowtech.
Alex Hambro, Non-Executive Chairman of OTAQ plc, commented: “Despite the general market backdrop and challenges, this was still an extremely productive period for the Group with positive movement across all of our key financial metrics. Importantly we continued to position ourselves for future growth, having invested in broadening our product suite and reach.
“We remain ...

WTO closing the gap on subsidies agreement
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WTO Director-General Okonjo-Iweala called the meeting of ministers to discuss fisheries subsidies. Photo: WTO

Negotiations have been in progress for almost twenty years, but the World Trade Organisation is finally confident that an agreement on limiting fisheries subsidies is in sight, following a day-long meeting in mid-July of ministers and heads of delegation.

“I feel new hope this evening. Because ministers and heads of delegation today demonstrated a strong commitment to moving forward and doing the hard work needed to get these negotiations to the finish line,” said WTO Director-General Ngozi Okonjo-Iweala as the meeting concluded.“In 20 years of negotiations, this is the closest we have ever come towards reaching an outcome — a high-quality outcome that would contribute to building a sustainable blue economy.”WTO members pledged to conclude the negotiations soon and certainly before the WTO's Ministerial Conference in early December, and to empower their Geneva-based delegations to do so. Members also confirmed that the negotiating text currently before them can be used as the basis for the talks to strike the final deal.World leaders in 2015 made a fisheries subsidies agreement by 2020 part of the Sustainable Development Goals and trade ministers reaffirmed this pledge in 2017.Among the thorniest issues still to be resolved is been how to extend special and differential treatment to developing and least developed country WTO members while preserving the overall objectiv ...

Norway’s fishing culture must change
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Nofima’s ‘Better gender equality in fisheries’ report calls for a cultural change. Photo: NOFIMA

A new report on gender equality in Norway’s fisheries concludes that if the proportion of women in fisheries is to increase, culture and attitudes must change.

Nofima’s ‘Better gender equality in fisheries’ report found three reasons that individually and collectively result in low participation of female 'fishermen'. These are a male-dominated and at times rough culture; greater challenges for women than men in combining the profession with responsibility for children; and women’s own career choices.“Parts of the fisheries are characterised by too much of a tough male culture, and this is something that makes recruiting and retaining women difficult. This is one of my most important conclusions,

Fender – ON YOUR SIDE
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https://altararwah.com/fender-on-your-side/

We are a newly started engineering company in Norway with a goal to provide independent engineering, inspection and certification services for fish farmers and equipment suppliers.
As an independent partner we do not issue the certification ourselves but rely on our partnership with major certification companies in the market or by our customers’ preferences.
Our highly skilled personnel have more than 20 years of practical and technical experience within:• Product development and manufacturing• Fish farm inspection and services• Technical analyses and reporting (NS9415, NYTEK)• Product certification and development• Equipment control and maintenance
We take care of all the necessary steps to comply with rules and regulations and find solutions to close gaps when necessary.
Tired of taking care of the technical demands and want to focus on your core business? Then leave it up to Fender – always on your side.
www.fender.link
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Mowi hits back at welfare allegations
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Covert video footage of distressed fish published by campaign group Scottish Salmon Watch at four of Mowi’s salmon farms does not represent the state of welfare of Mowi’s fish, according to the company.
Mowi was responding to a complaint raised by Salmon Watch following unauthorised underwater filming at four of Mowi’s farm sites in Scotland – which have not been named – on 16 and 17 July.
The images showed individual salmon heavily infested with lice and also dead salmon and lumpfish. Salmon Watch founder and anti-fish farming activist Don Staniford has filed a formal complaint under the Animal Health & Welfare (Scotland) Act 2006 to Police Scotland’s Wildlife Crime Unit, Marine Scotland and the Animal and Plant Health Agency (APHA).
Salmon Watch has also called on supermarkets to suspend the supply of salmon from the farms concerned.
Don Staniford said: “The Scottish Government should immediately close down Mowi’s disease-ridden farms and supermarkets should stop selling RSPCA Assured Scottish salmon. The RSPCA’s stamp of approval is now synonymous with welfare abuse. Shame on RSPCA Assured for endorsing lice infestation, mass mortalities, infectious diseases and unnecessary suffering.”
In a statement responding to the allegations, Mowi said: “As is the case with all types of farming, there will unfortunately be times when individual animals are in distress, and these isolated examples can be understandably concerning to the public as well as the farmer. Farmers and veterinarians will do whatever they can to treat animals under their care, or, when circumstances require it, may have to choose to humanely euthanise the animal.”
Mowi pointed out that similar allegations filed in March of this year were investigated by RSPCA Assured, which audits all Mowi’s farms in Scotland. The agency found no evidence to support claims of abuse and <a href=