SalMar (Public, ETR:JEP) is one of the world's largest salmon producers. The Company has 54 wholly-owned ordinary licences for marine production of Atlantic salmon in Norway; 40 licences in SalMar Farming AS located in the Company's principal producing region in Mid-Norway (Trøndelag, Nord-Møre) and14 licences in Troms through SalMar's wholly owned subsidiary Senja Sjøfarm AS.
In addition, SalMar owns 50% of Norskott Havbruk AS, which owns 100% of Scottish Sea Farms Ltd. Scottish Sea Farms is Great Britain's second-largest salmon farmer with production capacity in excess of 30,000 tonnes gutted weight.
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.