Other Media | SalmonBusiness: Mowi chairman’s net worth reached €100m
NORWAY
Monday, August 24, 2020
The equity in Ole-Eirik Lerøy’s investment company Framar was almost NOK 1.1 billion (EUR 100 million) at the end of last year.
Ole-Eirik Lerøy was not unemployed for long after he left the job as CEO at Lerøy Seafood Group. For the past eleven years he has been chairman of the board of Mowi. And he has been paid handsomely for the job by main shareholder John Fredriksen.
Lerøy’s investment company Framar owns 1.5 million shares and 750,000 options in Mowi.
Author: Aslak Berge / SalmonBusiness | Read the full articlehere
Kasaragod district has secured the prestigious Fisheries Department Excellence Award 2025 from the Kerala Fisheries Department. The award recognizes the district's significant accomplishments in the fisheries sector, especially its strong performance in the Popular Fish Farming Project.
In addition to the district-level honor, two local fish farmers also received individual accolades. Ravi P.P. from Padanna clinched second place in the 'Best Backwater Fish Seed Production Farmer' category, while Sea Pearl Aquafarm of Kumbala earned third place for 'Best Innovative Fish Farming'. These recognitions are part of the annual State Farmer Awards, designed to celebrate exceptional contributions to aquaculture across Kerala.
The district administration credits this success to the efficient grassroots implementation of various fisheries schemes. District Collector K. Inbasekar extended gratitude to Deputy Director of Fisheries K.A. Labib for his pivotal role in guiding the district to this achievement.
This latest award adds to Kasaragod's growing list of state-level honors. The district previously won the 'Best District' award in the Popular Fisheries Project Matsya Karshaka Award and the 'Best BMC' award in the 2023 State Biodiversity Awards. Furthermore, Kasaragod's District Panchayat BMC award became the first in India to declare official symbols (tree, flower, bird) representing the district’s biodiversity.
Salmon Evolution (OSE: SALME) reports continued improvement in operational performance with all-time high production towards end of Q2.
Q2 operational summary:
Harvest volume reached 1,232 tonnes Head On Gutted (HOG), with an all-in price realization of approximately $6.80 per kg. (Calculated at an approximate exchange rate of 1 USD = 10.59 NOK).
The company saw continued improvement in operational performance, with an underlying biomass production of over 1,700 tonnes Live Weight (LW) during the quarter.
Net biomass growth for Q2 stood at 1,604 tonnes LW. This figure accounts for a precautionary pause in feeding activities, which reduced biomass growth by approximately 100 tonnes, undertaken in connection with blasting for phase 2 water intake pipes.
The farm is now fully stocked, holding a standing biomass of 3,043 tonnes LW as of the end of Q2. This aligns with the company’s run-rate targets for both volume and individual fish count.
“Salmon Evolution continues to see stable operations across the farm and enters Q3 with a fully stocked farm and a good biomass composition, boding well for continued positive development in operational KPIs and harvest weights over the coming quarters”, CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said.
The Fisheries Development Institute (IFOP) held a virtual workshop on June 25, revealing the results of its program "Determination and Monitoring of Caligus rogercresseyi Resistance to Antiparasitics." This program, now in its eighth phase, aims to strengthen technical knowledge and support key sanitary decisions in Chilean salmon farming.
Dr. Jaiber Solano Iguarán, IFOP's senior researcher, reported 254 valid bioassays across 95 samplings, covering 28 Salmon Farming Concession Areas (ACS) in the Los Lagos and Aysén regions. The research evaluated the parasite's response to azamethiphos, deltamethrin, and cypermethrin.
Dr.Jaiber Solano Iguarán
Findings indicate an increasing trend in the EC50 value for azamethiphos, suggesting the need to diversify control tools. Conversely, deltamethrin and cypermethrin showed a decreasing EC50 trend in some areas, which could indicate a better parasite response.
The program is also advancing in innovative methods, including morphometric analysis of the parasite and the validation of bioassays with non-pharmacological compounds, such as hydrogen peroxide and plant extracts.
Collaboration among the Undersecretariat of Fisheries and Aquaculture (Subpesca), the National Fisheries and Aquaculture Service (Sernapesca), and IFOP has been fundamental. Future challenges include studying the genetic connectivity of Caligus and expanding geographical coverage to optimize the sector's health.
With 616 votes in favor, 29 against, and 36 abstentions, the European Parliament plenary session has given the final green light to the new protocol of the new fisheries agreement between the European Union and Greenland, which will allow European vessels to fish in Greenlandic waters for the next six years, until 2030. The protocol, provisionally in force since last December, will allow the European fleet to catch key species such as cod, Greenland halibut, redfish, and northern shrimp. It also contemplates possible access to the capelin fishery if it reopens. Overall, the protocol establishes annual fishing opportunities of up to 30,906 tons: 13,000 tons of capelin (if fishing is authorized); 6,675 tons of Greenland halibut; 6,581 tons of northern prawn; 2,100 tons of redfish; and 2,050 tons of cod
Source: Industrias Pesqueras l Read the full article here
Proximar Seafood has announced an extensive refinancing plan that it says will strengthen the company’s liquidity situation, while simultaneously simplifying and strengthening the balance sheet.
The comprehensive refinancing plan includes both new equity through a rights issue securing equal treatment to all shareholders and a private placement, as well as amendments and refinancing of the company’s debt capital.
Author: Vince McDonagh / Fish Farmer l Read the full article here
A project to recycle waste at an aquaculture hatchery in Wester Ross has secured up to £630,290 from Highlands and Islands Enterprise (HIE).
Bakkafrost Scotland limited is leading the project, which has a total investment value of more than £2.5m.
In the first of its kind in Scotland, the process known as pyrolysis converts aquaculture waste into biochar, which will be used by the forestry sector.
Fifty specialists from Argentina, Bolivia, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Guyana, Jamaica, Mexico, Panama, Paraguay, Peru, the Dominican Republic, Trinidad and Tobago and Uruguay recently participated in a Regional Workshop on the Promotion of the Guidelines for Sustainable Aquaculture (GSA).
The workshop, held in Panama, funded by the European Union and organised by FAO, highlighted the need for countries in Latin America and the Caribbean to assess the current state of aquaculture and align their policies and governance frameworks with the principles of the Guidelines, through concrete strategies, action plans, and training tailored to national needs.
With the end of the ban, Chile is experiencing a boom in king crab exports. China accounts for 80% of shipments. Authorities urge compliance with regulations.
After the ban was lifted on July 1 in the regions of Magallanes and southern Aysén, and with the upcoming reopening in Los Lagos, Los Ríos, and northern Aysén starting December 1, a new season begins where fresh southern king crab appears in restaurants. According to Las Últimas Noticias (LUN), this opening marks "its tastiest ever." The increase in local supply comes at a time of historic expansion in foreign trade.
Source: MundoAcuicola l Read the full article here
Former executives of the Chile salmon farming company Nova Austral - Nicos Nicolaides Bussenius, and Drago Covacich MacKay - were sentenced yesterday to 800 days in prison, plus a fine of 24 tax units (1,654,152 Chilean pesos, or £1,306) each, as perpetrators of the crime of repeated water pollution between 2017 and 2019.
In addition, Isaac Aaron Ollivet Besson Osorio and Rigoberto Antonio Garrido Arriagada were sentenced to 40 days in prison and a fine of 4 tax units (£218) each, as "accessories in the crime of water pollution, between 2017 and 2019" at the court in Porvenir, capital of the Tierra del Fuego Province.
Source: fishfarmingexpert l Read the full article here
Chilean salmon-farming firm Multi X has launched a new sustainability strategy called “the ABCs of Sustainability.”
According to the firm, each letter represents a pillar of the strategy and groups together specific initiatives and metrics to be followed to achieve proper sustainability.
The letter “A” represents animal welfare, representing Multi X’s goals of ensuring the optimal condition of its farmed salmon. This pillar brings together its associated health and production goals, including reducing antibiotic use, achieving zero lethal interactions with marine mammals surrounding its operations, and improving fish survival rates.
Author: Christian Molinari / SeafoodSource l Read the full article here
NORWAY
The equity in Ole-Eirik Lerøy’s investment company Framar was almost NOK 1.1 billion (EUR 100 million) at the end of last year.
INDIA.png)
Popular Fish Farming Project.
Harvest volume reached 1,232 tonnes Head On Gutted (HOG), with an all-in price realization of approximately $6.80 per kg. (Calculated at an approximate exchange rate of 1 USD = 10.59 NOK).
CHILE.png)
EUROPEAN UNION
With 616 votes in favor, 29 against, and 36 abstentions, the European Parliament plenary session has given the final green light to the new protocol of the new fisheries agreement between the European Union and Greenland, which will allow European vessels to fish in Greenlandic waters for the next six years, until 2030. The protocol, provisionally in force since last December, will allow the European fleet to catch key species such as cod, Greenland halibut, redfish, and northern shrimp. It also contemplates possible access to the capelin fishery if it reopens. Overall, the protocol establishes annual fishing opportunities of up to 30,906 tons: 13,000 tons of capelin (if fishing is authorized); 6,675 tons of Greenland halibut; 6,581 tons of northern prawn; 2,100 tons of redfish; and 2,050 tons of cod
Proximar Seafood
UNITED KINGDOM
A project to recycle waste at an aquaculture hatchery in Wester Ross has secured up to £630,290 from Highlands and Islands Enterprise (HIE).
PANAMA.png)
Promotion of the Guidelines for Sustainable Aquaculture (GSA).
With the end of the ban, Chile is experiencing a boom in king crab exports. China accounts for 80% of shipments. Authorities urge compliance with regulations.
Former executives of the Chile salmon farming company 
Chilean salmon-farming firm 
