Growfish News Article - Sharp Growth In Shetland Farmed Cod Involvement - UK - Mar 24, 2003
 

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United kingdom - Mar 24, 2003
Source: fishupdate.com
Sharp Growth In Shetland Farmed Cod Involvement

Fish Farming Today - Published on:  March 24, 2003
A SHETLAND salmon farming business is set to become the UK's biggest cod farm yet as 600,000 codlings are due to be delivered to cages belonging to Johnson Sea Farms during this summer.

The massive investment into diversifying to a new farmed species comes at a time of continuously poor prices for farmed salmon and builds on expertise Johnson Sea Farms have won with two smaller consignments of codlings during the last 18 months.

Director of the Vidlin-based company, Ivor Johnson said that the family-run business felt it was time to move away from salmon.

He said: "The salmon is very poor this year. It is impossible to break even on salmon.At the same time Chile is making money and is expanding its salmon production. It is a bleak looking picture."

He added that the success with two smaller batches of codlings (14,000 and 24,000), which were delivered to the company in January and December last year, had given them the confidence to proceed with the much larger scale investment.

Mr Johnson said the 600,000 codlings, to be delivered by Machrihanish Marine Farms in Argyll, were due in June and September this year.

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