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| 21 November, 2008 |
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| Should other nations follow Alaska's lead in using aquaculture as part of a fishery enhancement programme? |
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Marine Farms ASA Purchases Sites from Lighthouse Caledonia 03 October, 2008 -
The two new licences will increase annual production capacity by approximately 1,500 tonnes gwt salmon (+15%). The Licences are located only 1-3 km from Lakeland Marine Farms existing sites in Argyll, West of Glasgow, and there should be significant synergies in operating the sites together. Lakeland's operation in the Argyll has historically generated excellent results, both production and earnings wise. In addition to the two licenses, applications for two new sites in the same area have been transferred to Lakeland Marine Farms Ltd. Pending approval from the Scottish authorities, annual production capacity may increase by an additional 1,300 tonnes gwt salmon. Final approval is not given. The increased production will be utilised to satisfy the continuing increased demand from Lakeland's customer base, strengthening Lakeland's position as a producer of high quality products for a discerning market segment. Lakeland has been operating within the salmon farming industry in the UK since 1987, and specialises in vertically integrated production of high quality Atlantic salmon, all the way from the broodfish through egg, fry, parr, smolt and fully grown salmon to the sale of gutted salmon and fresh fillets. The group has been among the most profitable salmon producers in the UK. Following the acquisition of the two new licenses, Lakeland will have an annual production capacity averaging approximately 12,000 tonnes gwt salmon. www.fishupdate.com is published by Special Publications. Special Publications also publish Fish Farmer, the Fish Industry Yearbook, the Scottish Seafood Processors Federation Diary, the Fish Farmer Handbook and a range of wallplanners.
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