Category Archives: Norway Royal Salmon

NORWEGIAN government examines possibility of taxing use of natural resources in 2020; Norwegian salmon shares traded down

Continue reading NORWEGIAN government examines possibility of taxing use of natural resources in 2020; Norwegian salmon shares traded down

2017 an “exceptionally good year for the Oslo stock exchange” BUT “Salmon is swimming against the current”: Seafood Index fell 5.4% in 2017…

Continue reading 2017 an “exceptionally good year for the Oslo stock exchange” BUT “Salmon is swimming against the current”: Seafood Index fell 5.4% in 2017…

NORWAY’s food safety authority authorises Norway Royal Salmon to stock 838,000 sterile triploid salmon; Fish welfare concerns now addressed

Continue reading NORWAY’s food safety authority authorises Norway Royal Salmon to stock 838,000 sterile triploid salmon; Fish welfare concerns now addressed

OUTPERFORMING other sectors: New tradable Oslo Børs Seafood Index (OBSFX) launched: “Seafood is the strongest of Oslo Børs’s strong sectors”

Continue reading OUTPERFORMING other sectors: New tradable Oslo Børs Seafood Index (OBSFX) launched: “Seafood is the strongest of Oslo Børs’s strong sectors”

LARGEST Y/Y global supply drop in 25 years taking place – Carnegie analysts expect record-strong salmon market to continue in 2016–17

Continue reading LARGEST Y/Y global supply drop in 25 years taking place – Carnegie analysts expect record-strong salmon market to continue in 2016–17

NORWAY Royal Salmon & Aker “look to the future of offshore aquaculture” in the Arctic; Joint application for 15 development licenses

Continue reading NORWAY Royal Salmon & Aker “look to the future of offshore aquaculture” in the Arctic; Joint application for 15 development licenses

GSI members announce tender for novel Omega-3 source; Global tender sought for 25,000t of novel oils for a minimum of two years

GSI logo (August 2015)

Trondheim, Norway – August 19, 2015, 10:00 CET: At today’s AquaNor 2015 conference in Norway, participating members of the Global Salmon Initiative (GSI), in partnership with their industry feed company associates, announced the launch of an innovative global tender. The pioneering tender invites organizations interested to develop novel oils high in Omega-3 for fish farming, to share their proposals to supply participating GSI members with a minimum of 25,000 tons of novel oil annually for a minimum of two years. These additional resources will significantly increase the availability of Omega-3 rich oils, and support the sustainable use of marine oils in fish feed. “By working together to resolve industry-wide issues, the GSI is demonstrating how collaboration can lead to innovative solutions. We are pleased to see the GSI members working proactively in the search for resources needed to ensure a sustainable future for the industry and to provide sustainable sources of protein,” said Doris Soto, Senior Aquaculture Officer at the Food and Agriculture Organization of the United Nations. Continue reading GSI members announce tender for novel Omega-3 source; Global tender sought for 25,000t of novel oils for a minimum of two years

GLOBAL Salmon Initiative launches inaugural & collective sustainability reporting: KPIs per country & per GSI-member firm

To mark World Environment Day the Global Salmon Initiative (GSI) today (June 5, 2015) launched its inaugural Sustainability Report at the Economist’s World Ocean Summit (WOS) 2015 in Lisbon, Portugal. The landmark report showcases key environmental and social data across all 14 GSI member companies. This is the first time a global food sector has collectively reported on sustainability performance indicators in such a transparent manner. “The launch of GSI’s Sustainability Report demonstrates the group’s leadership in creating greater transparency across the aquaculture sector. It is a remarkable achievement that they have developed this collective reporting platform, and we strongly encourage other production sectors and platforms to follow suit”, said Piers Hart, Global Lead for Aquaculture at WWF. Continue reading GLOBAL Salmon Initiative launches inaugural & collective sustainability reporting: KPIs per country & per GSI-member firm

Norway Royal Salmon shows “good profitability” for Q1 2015, NOK 10.31 EBIT/kg; “Global growth expected to be low long term”

Continue reading Norway Royal Salmon shows “good profitability” for Q1 2015, NOK 10.31 EBIT/kg; “Global growth expected to be low long term”

GLOBAL Salmon Initiative will soon publish global salmon industry’s first sustainability report; Benchmarking against set of 15 #susty indicators

Continue reading GLOBAL Salmon Initiative will soon publish global salmon industry’s first sustainability report; Benchmarking against set of 15 #susty indicators

‘Best of’ North Atlantic Seafood Forum 2015 quotes, organized by topics

Below are some selected quotes from the speakers at the North Atlantic Seafood Forum (NASF), held in Bergen, Norway, last week (March 3-5, 2015) attended by ~650 delegates from 35 countries and 300 firms: Continue reading ‘Best of’ North Atlantic Seafood Forum 2015 quotes, organized by topics

PAINE & Partners’ Fund IV oversubscribed at $893 million: Ambitions to become “the premier platform for agribusiness investment”

Paine & Partners LLC, a global private equity investment firm focused on investing in food and agribusiness, announced on January 6, 2015, the final closing of Paine & Partners Capital Fund IV, L.P. (“Fund IV”) at $893 million in capital commitments. Fund IV’s investor base has expanded to include new regions, including the Middle East, and continues to experience high participation rates from endowments and family offices. The owner of (among others) Seattle’s Icicle Seafood and Norwegian-based Scanbio Group has aquaculture/salmon farming ambitions. In November, it recruited the former CEO of Børs-listed Norway Royal Salmon (NRS), John Binde, as an Operating Director whose task is now to identify new investment opportunities.
Continue reading PAINE & Partners’ Fund IV oversubscribed at $893 million: Ambitions to become “the premier platform for agribusiness investment”

BØRS seafood firms registered substantial double-digit share growths in 2014; Market Cap. now bordering NOK 100 billion

The Oslo Stock Exchange (OSE, aka ‘the Børs’)’s seafood index comprising 11 seafood (predominantly farmed salmon*) firms outperformed all other listed-sectors in 2014 (the oil sector still registered a 5% growth despite the historic drop in oil prices…).  The Seafood Index rose by ~46%.”Despite the Russian boycott, the share price of several salmon companies, such as Bakkafrost and SalMar, rose by more than 80%,” noted OSE. The world’s n°1 salmon firm Marine Harvest saw the value of its share rise by over 55% in 2014. Hofseth BioCare is the only seafood-associated firm which performed negatively (-44.9%). The overall market cap. of the Seafood Index firms amounted to ~NOK 98 billion, without considering that of newly Mistubishi-acquired Cermaq which was delisted on November 14, 2014; nor that of NTS.

Continue reading BØRS seafood firms registered substantial double-digit share growths in 2014; Market Cap. now bordering NOK 100 billion