Law firm’s case against six Norwegian-owned fish companies is over alleged breaches of competition law
Reference is made to the press release from Fisheries and Oceans Canada on 19 June 2024. The Government of Canada announced a ban on open net-pen salmon aquaculture in British Columbia coastal waters by 30 June 2029. Fisheries and Oceans Canada further announced salmon aquaculture licenses will be renewed for five years with stricter conditions, effective 1 July 2024. After this date only marine or land-based closed-containment systems will be considered for new licenses. Based on the announced
Highlights Harvest volume of 21,075 tonnes (15,357 tonnes) Operational EBIT in the quarter of NOK 292 million (NOK 385 million), with operational EBIT/kg of NOK 13.8 (25.1)Rogaland delivered second best quarterly results everResults in Finnmark significantly impacted by historical biological challenges and downgradesSuccessful completion of harvest of the first generation in Newfoundland, with high share of superior qualityConstruction of post-smolt facilities in Rogaland, Finnmark and Newfoundl