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Atlantic Sapphire's Andreassen: 'Buckle up' for higher salmon prices

Atlantic Sapphire's Andreassen: 'Buckle up' for higher salmon prices
undercurrentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from undercurrentnews.com Daily Mail and Mail on Sunday newspapers.

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Activists Accuse Atlantic Sapphire Salmon Farm of Animal Cruelty


After 800,000 salmon died at a Homestead fish farm, animal activists are asking that government officials investigate the farm for animal cruelty and file criminal charges against the company s CEO.
Atlantic Sapphire is a Norwegian industrial fish-farming company with operations in Denmark and Homestead that bills itself as the largest global onshore aquaculture company in the world. At its 160-acre facility in Homestead, the company raises about 10,000 tons of salmon per year, with plans to expand over the next ten years to 220,000 tons a figure that represents more than 40 percent of current U.S. salmon consumption.
As U.S. demand rises for salmon, a so-called superfood that s rich in protein, aquaculture is emerging as the seafood industry s answer to overfishing. Land-based salmon farms like the one in Homestead say they can meet that demand while draining fewer environmental resources than other methods of salmon production, such as the net pen method, in whi ....

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Activists Accuse Atlantic Sapphire Salmon Farm of Animal Cruelty | New Times Broward-Palm Beach


Karl Oystein Oyehaug, chief finance officer of Atlantic Sapphire, tells
New Times the salmon are raised in optimal conditions, where they re safe from wild fish diseases and maintained with water temperatures and currents similar to their natural habitats, keeping them healthy.
But a series of mass mortality events at the Bluehouse over the past year has led a nonprofit group to question how safely the fish are actually kept.
In an April 21 letter addressed to two state agencies that oversee farming and animal-cruelty complaints, animal-rights advocates from the nonprofit organization Animal Outlook outlined a series of incidents at Atlantic Sapphire s Homestead facility wherein a total of 800,000 salmon died prematurely and, according to the advocates, were subjected to unnecessary cruelty by the company. ....

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Atlantic Sapphire Q1 harvest down as losses mount – Fish Farmer Magazine


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. ....

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