Tag Archives: Grieg Seafood
Fish farming fouls fjords, faces fines
Norway’s huge fish-farming industry has become almost as controversial as the country’s oil and gas. Salmon producers in particular have long been accused of endangering wild salmon, but now Norwegian media have also reported how some fish hatcheries have polluted fjords while fish farms have neglected fish welfare. This week six of Norway’s major salmon producers also found themselves facing charges of collusion lodged by the European Commission. Norway is home to the world’s largest salmon producers and the EU is their biggest market. On Thursday, EU competition authorities sent out a “Statement of Objections” to six Norwegian salmon producers including Lerøy, Mowi, SalMar, Cermaq, Grieg Seafood and Bremnes. All are suspected of having “breached EU antitrust rules by colluding to distort competition in the market for spot sales of Norwegian farmed Atlantic salmon in the EU.” photos, more, >>click to read<< 12:26
Salmon farming companies settle class-action lawsuit alleging global price-fixing scheme
Seven companies accused of conspiring to manipulate the global price of salmon have agreed to pay a total of more than $5 million Cdn to settle a class-action lawsuit. Some of the largest players in the salmon farming industry in Newfoundland and Labrador, including Mowi and Grieg, were among the companies involved. The lawsuit claimed Cermaq Canada, Grieg Seafood, Lerøy Seafood AS, Marine Harvest Atlantic Canada, Mowi ASA, Nova Sea AS and Sjór AS conspired to manipulate the Norwegian spot market for salmon prices and in doing so influence global salmon prices. more, >>click to read<< 08:33
