News - page 5

Cermaq reported an EBIT pre fair value for the second quarter of 2013 of NOK 229 million compared to NOK 60 million in second quarter 2012. The improved result was driven by a tighter salmon market and stronger prices

In connection with the presentation of the Q1 2013 results, Marine Harvest guided a total harvest volume of 80 thousand tonnes (HOG) for Q2 2013 and the actual result was not much far from the forecast, according to Marine Harvest....

AKVA group achieved revenues of 222.1 MNOK (243.7 MNOK) in the first quarter of 2013 with an EBITDA of 10.4 MNOK (39.7 MNOK)

Reference is made to the announcement of 30 April regarding our intention to launch a voluntary offer for the shares in Cermaq ASA. As Marine Harvest has made clear, the condition for launching such offer is that the Annual General Meeting of Cermaq turns down the proposals relating to the Copeinca transaction

Marine Harvest ASA has published update of salmon harvest volumes after the end of first quarter 2013

Mainstream Norway has detected SAV virus in fish at the farming site Tuvan in Langefjorden, Finnmark, and is consequently suspecting PD at this site

Norwegian AKVA group ASA New has signed a contract with Russian Sea-Aquaculture LLC for a complete AKVA Cage Farm to be installed in the Murmansk region

Marine Harvest has sold the 31.3% stake in Aquagen to Aquagen's majority owner EW Group GmbH for NOK 173 mill. The transaction will trigger an accounting gain of NOK 136 mill in Q4 2012 and a liquidity effect of NOK 161 mill, of which NOK 89 mill in Q4 2012

With Russia's accession to WTO in place foreign Investors may be allowed to take part in the proposed privatization of Sakhalin's Salmon Ranching Stations

The Russian Salmon Company, a major producer of farmed salmon and sea trout in Murnask region, is working to build a more complete cycle of production

Some 300,000 red king crab juveniles have been released in the coastal area of the Barents Sea as Murmansk fishery scientists have called for state support to expand the operations to increase reproduction of this valuable shellfish introduced into the area from Kamchatka back in 1950s

OJSC "Russian sea Group" (hereinafter "the Company" or "the Group"), one of Russia's leading consumer food companies, today announces launch of the marine atlantic salmon farm on the site in Barents Sea, Murmansk region ...

So far little known Eretik Island in the village of Ura-Guba, Cola Peninsula, may soon become one of the centres for aquaculture development in Murmansk region. In its waters farmers are ready to install cages for Atlantic salmon culture, smolt is coming soon, reports http://www.megafishnet.com

Thanks to multimillion investments into aquaculture Saint-Petersburg-based seafood producer Baltiisky Bereg is planning to raise its farmed salmon output to *** MT by 2013, reports www.megafishnet.com

Russian Federal Research Institute of Fisheries and Oceanography (VNIRO) has summarized results of the nation's aquaculture sector in 2011 and confirmed positive trends in farmed fish production, reports http://www.megafishnet.com/ with reference to VNIRO.

Marine Harvest ASA (leading supplier of salmon to world market and Russia in particular) has entered into agreements with the largest European institute for applied research within fisheries, aquaculture and food, Nofima, and the leading Norwegian agricultural feed producer, Felleskjøpet Rogaland Agder, which opens up for establishing a leading Norwegian salmon feed company with a yearly production capacity of up to 500.000 tonnes of salmon feed.

In 2011 Russia produced ca.** MT of sturgeon caviar, **% up on the previous year. Annual production of sturgeon meat currently amounts to ca.***MT, reports http://www.megafishnet.com/

AKVA group ASA and OJSC «Russian Sea Group» announce the signing of the contract for complete AKVA Cage Farm to be installed in the operations of Russian Sea-Aquaculture LLC in the Murmansk region, reports www.megafishnet.com.

High-flying investment project called Russian salmon to be carried out in Murmansk Oblast will boost farmed salmon and trout production to 15,000 MT per year, reports http://www.megafishnet.com/