SalMar Q3 harvest rose by 40% year on year
Salmon farming heavyweight SalMar, which co-owns Scottish Sea Farms, harvested 52,100 tonnes (gutted weight) of fish in Norway and Iceland in the third quarter of this year, it said in a market update today.
The volume is a 40% increase from Q3 2020, when SalMar harvested 37,100 tgw, and is mainly due to harvesting more fish in northern Norway, where production increased to 15,500 tgw from 5,300 tgw in the same period last year.
SalMar harvested 34,200 tgw (Q3 2020: 30,100 gwt) in central Norway.
It harvested a further 2,400 tgw (1,700 tgw) in Iceland. SalMar owns 51% stake in Icelandic Salmon AS, which owns 100% of Arnarlax Ehf, Iceland’s largest salmon farmer, located in the Westfjords.
SalMar and fellow Norwegian salmon farmer Lerøy each own 50% of Scottish Sea Farms. As neither has a controlling interest, SSF is classified as an associate company, not a subsidiary, and its harvest volumes are not included in the parent companies’ production volumes.
SalMar’s full report for Q3 2021 will be published on November 17.
