Norway's Mowi Loses Fish Farming Permits In Parts Of Canada From 2022
Norway's Mowi said it expects to lose one third of its salmon farming permits in the Canadian province of British Columbia following a government decision to end fish farming in the region's Discovery Islands from mid-2022.
The decision will cut Mowi's salmon farming capacity by some 10,000-12,000 tonnes per year, it said.
The Oslo-based company said in November it expects to produce around 445,000 tonnes of salmon globally in 2021.
Last year, the company announced plans to increase production by 4.7% in 2020.