IN BRIEF - Salmon Evolution ASA: Q2 2024 Operational Update
NORWAY
Friday, July 05, 2024
Salmon Evolution ASA ("Salmon Evolution" or the "Company", OSE: SALME) had an all-time high harvest volume and strong price realization in Q2 2024.
Highlights:
Harvest volume of 1,581 tonnes HOG.
All-in price realization of NOK 106/kg.
Continued excellent superior grade share of 96 %.
Standing biomass of 2,032 tonnes LW end of the quarter.
Expecting Q3 2024 harvest volumes of ~1,600 tonnes HOG.
“The second quarter represents a major milestone for Salmon Evolution with harvest volumes at all-time high levels in a record strong salmon market. We are very pleased to see a continued excellent superior grade share of 96%, resulting in solid price realization and further demonstrating the potential in our business”, CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said.
For further details on operational performance in Q2, please refer to the presentation.
The Q2 and first half 2024 report will be published 15 August 2024.
This is the project's third year serving as a large-scale platform for showcasing the gastronomic transformation potential of wild white fish
VLADIVOSTOK – The third annual "O!Mega Taste Pollock Festival," held from May 19 to June 11, concluded with record success, showcasing the versatility and popularity of wild white fish. Organized by the Russian Fishery Company (RFC), Visit Primorye, and "Gastronomic Map of Russia," the event saw 40 restaurants create over 30,000 pollock dishes.
The festival attracted over 200,000 residents and visitors in Primorsky Krai and Moscow. Remarkably, 200 metric tons of pollock products were sold in retail chains, highlighting strong consumer demand. The RFC supplied 12 metric tons of deep-processed pollock for the culinary creations, reinforcing the festival's mission to reintroduce this nutritious wild fish into Russian consumption culture. The event, supported by the Primorsky Krai Government, demonstrated pollock's potential for both gastronomic transformation and widespread appeal.
Before becoming the National Association of Canned Food Manufacturers, Anfaco was simply the Union of Manufacturers. An alliance that was established in 1904 "to promote industrial development linked to the sea." And that remains its objective, but its activities are not, by any means, what they were then. Not even what they were doing when the name was changed to Anfaco. With the subsequent addition of the surname Cecopesca (Fishing Technology Center), the association wanted to make its technical and research nature clear. And now that it has transcended canning to encompass other branches of the maritime-industry chain and has developed significant scientific and laboratory activity, to the point of being "one of the main technological centers in Europe specializing in the bioeconomy of the sea," the organization has decided to change its name and its surname: Anfaco-Cytma.
Source: La Voz de Galicia l Read the full article here
Peru’s first 2025 anchovy-fishing season in its North-Central region is “well on track,” according to IFFO – the Marine Ingredients Organization, which has predicted solid fishmeal and fish oil production for this year as a result.
In April, Peruvian authorities established a total allowable catch (TAC) of 3 million metric tons (MT) for the season, based on technical and biological reports submitted by the Peruvian Sea Institute (Imarpe). This TAC marks the second-highest seasonal quota in the last decade, Peru’s Production Ministry (PRODUCE) announced at the time
Author: Christian Molinari / SeafoodSource l Read the full article here
Bakkafrost takes delivery of world’s largest feed barge.
The world’s largest feed barge, Krosssteinur, arrived in Funningsfjørður, Faroe Islands, on Thursday 26 June and is expected to begin operations within days following final testing and regulatory approvals. The 50-metre barge, built in Poland by GroAqua, has a total capacity of around 1,100 tonnes of fish feed and is equipped with 24 feed lines.
Commissioned by Bakkafrost, the barge will serve one of the company’s largest sites and is designed to feed all 24 cages simultaneously. The automated feed and control systems, developed by GroAqua in the Faroe Islands, allow for remote operation from land and are powered entirely by shore electricity to minimise environmental impact.
Source: SalmonBusiness l Read the full article here
Norcod has been granted permission to establish a new production location at Snyen in Meløy municipality with a total MAB (maximum allowed biomass) of 3,599 metric tons while KIME Akva has been awarded a new location in Helgeland
Norcod says Snyen is the company’s second location in Meløy and, together with Frosvika, forms a production cluster with a total capacity of 7,198 metric tonnes.
Norcod’s CEO Christian Riber said: “We are pleased to have received this approval and value the good cooperation with Meløy municipality and Nordland County.
Author: Vince McDonagh / Fish Farmer l Read the full article here
Understand how the ocean will respond to two increasingly frequent and worrying phenomena: toxic microalgae blooms that give rise to phenomena known as red tides and heat waves. This is the objective of the Cellbloom project, promoted by the Biological Oceanography group of the Marine Research Center (CIM) at the University of Vigo and the European Molecular Biology Laboratory (EMBL), headquartered in Germany. This initiative, in turn, is part of the Horizon Europe Imagine project, which promotes the development of cutting-edge imaging technologies in microscopy that bridge the gap between molecular biology and functional biology, as well as by the EMBL, within the framework of its cross-cutting theme of Planetary Biology.
Source: iPac.acuicultura | Read the full article here
Baldvin Thorsteinsson takes over as CEO, succeeding his father, Thorsteinn Már Baldvinsson
Renewal at the top of Samherji, one of Iceland's leading fishing conglomerates. Baldvin Thorsteinsson has officially assumed the role of Chief Executive Officer (CEO), replacing his father, Thorsteinn Már Baldvinsson, who is leaving the position after leading the company for 42 years, since its founding in 1983. "I am very grateful for the trust placed in me," Baldvin said upon taking office. "Like many in Akureyri, I started working at Samherji at a young age and have held various positions over the years, which has allowed me to gain a deep understanding of the company, its infrastructure, and its people,"
Source: Industrias Pesqueras | Read the full article here
This year has set a new record for the number of applications to the Aqua Nor Innovation Award. The jury has reviewed all the applications and nominated three candidates for the Innovation Award. The winner will be selected by the board of the Nor-Fishing Foundation, and the award will be presented during Aqua Nor 2025.
After reviewing and assessing the applications for the Aqua Nor Innovation Award, the jury has nominated the following three finalists (in random order):
The diesel generator has barely been running, says Emilsen after first installation meets more than 90% of farm's needs
Just weeks after commissioning what is now the world's northernmost floating solar power plant, Norwegian salmon and trout farmer Emilsen Fisk is placing an order for a second system from Ålesund-based Alotta.
The solution - an Alotta Circle Mc120 - has already enabled Emilsen Fisk to cover over 90% of its power needs at its Båfjordstranda site, Trøndelag, by using only solar energy and battery storage.
Source: fishfarmingexpert l Read the full article here
ORGANIZING COMMITTEE ANNOUNCES DETAILS FOR THE ANNUAL MEETING OF THE LATIN AMERICAN AND CARIBBEAN CHAPTER OF THE WORLD AQUACULTURE SOCIETY
Experts, scientists, producers, and companies from Latin America and the Caribbean will gather at LACQUA25, where various countries will share experiences about their aquaculture systems and jointly address the key challenges facing the future of regional aquaculture.
For the first time, the World Aquaculture Society (WAS) – an international organization committed to promoting excellence in science, technology, education, and the exchange of information for the sustainable development of global aquaculture – will host one of its meetings in Chile. This high-level technical-commercial event will focus on strengthening governance and sustainability in aquaculture, particularly in the context ofclimate change.
This important conference is organized by the Latin American and Caribbean Chapter of the World Aquaculture Society (LACC-WAS), in collaboration with the Institute of Aquaculture and Environment at Universidad Austral de Chile (Puerto Montt Campus) and INTESAL (Technological Institute of Salmon). The event will take place October
7–9, 2025, at the Enjoy Hotel Convention Center in Puerto Varas, Chile.
Fisherman's Day: Beyond the Ritual Peru
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