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Atlantic Sapphire faces $3m loss in new technical incident – Fish Farmer Magazine fishfarmermagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fishfarmermagazine.com Daily Mail and Mail on Sunday newspapers.
Land-based salmon producer Atlantic Sapphire has unveiled less-than-spectacular harvest figures in its 2021 first quarter trading update. The company, best known for its Miami Bluehouse salmon says just 721 tonnes were produced during the three month period, 421 tonnes from Florida, USA and 300 tonnes from Denmark. The company was hit by technical issues in its RAS (recirculating aquaculture system) in Miami towards the end of March which cost the company at least 500 tonnes in lost fish. Atlantic Sapphire has also released its annual report which shows net losses of US $55.2m, compared to a net loss of $13.2m in 2019. Revenues for 2020 totalled $6.3m against $5.5m in 2019. The EBIT or operating loss was $46.6m against $33.8m in 2019. ....