loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Salmon

Nordlaks delays investments as tax payments undermine record year of turnover

The Norwegian salmon farmer's profits were cut by 46% in 2023, despite strong salmon prices driving income to a record high; it has sold a wellboat to raise capital for investments

By Neil Ramsden | June 28, 2024 10:12 BST
Nordlaks CEO Eirik Welde. Credit: Nordlaks, April 2024
Related

Family-owned salmon farmer posts $100m profit ahead of up to three-fold tax hike

SalMar, Multi X only major salmon producers to see significant growth in 2023

Cermaq the big spender as latest Norway salmon farming license auction raises $500m

Stocking of kelp in the combined Cermaq Group and Folla Alger sea site in Steigen, Norway. Credit Cermaq

Nordlaks to invest $38m in new post-smolt facility

Ecuador shrimp exports continue to shift toward US, Europe, away from China

US city’s sushi restaurants, grocers mislabel salmon, overcharge diners $8.85/lb

AdvertisementX

Norwegian aquaculture group Nordlaks has delayed or shelved some of its investment plans for 2024, after a hike in tax payments for the 2023 financial year undermined a record turnover [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

Sablefish longliner faces jailtime for attacking endangered whale in Alaska

Sperm whale

Norway mackerel export prices rise after record October, whole herring volumes jump

Canadian lobster crewman’s death prompts new guidelines

Canadian insect protein producer secures funding for expansion

AdvertisementX

Contact the author [email protected]

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.