Marine Harmfest Goes Mainstream!

The Global Alliance Against Industrial Aquaculture (GAAIA) is once again challenging Norwegian salmon farming giant Marine Harvest to come clean on disease risks. "Further
to my letter of 4th June 2012 (read online here), could you
please provide an update on disease risks at Marine Harvest including financial
risks and liability associated with your imminent
takeover
of Cermaq?" wrote GAAIA in a letter to Marine Harvest CEO Alf-Helge
Aarskog.

"Will
Marine Harvest also be taking on Cermaq’s liability for the spread of
infectious diseases and viruses in Chile and Canada for example? Have you informed Marine Harvest shareholders,
investors and the Norwegian Stock Exchange of the increased disease risks?"

"Why
has Marine Harvest not informed shareholders, investors and the Oslo Stock
Exchange on the risks of ISA and HSMI in British Columbia?," continued the letter. "Why no public statements on ISA, HSMI, PD or
IPN?"

The questions are piling up outside Marine Harvest's head office in Bergen, Norway. "In
terms of liability, what financial losses has Marine Harvest accounted
for?" asked the letter. "For example, following the ISA
outbreak in Chile there were losses of $2 billion, a threatened
lawsuit
and a priceless loss of company reputation."

"Are
you worried that a similar situation to Chile is now developing in British
Columbia?" continued the letter. "Now that ISA (and other
infectious diseases) have been reported in British Columbia, Canada, what
financial fallout will Marine Harvest suffer? Chile’s
losses of $2 billion could be a drop in the ocean compared to the financial
consequences in British Columbia where wild salmon populations play such a
significant part in the economy and culture."

"Marine
Harvest’s management, board of directors, shareholders and investors should
watch the documentary ‘Salmon
Confidential’
and then head directly to your insurance provider and increase your company
liability insurance" suggested the letter. "As
Alexandra Morton asked in 2011: “Are
the Norwegian fish farmers adequately insured to cover damages if we find out
BC is an ISAV suspect area, no one told us and it spreads because you did
nothing?"

Read more about disease risks at Cermaq via "Dear Cermaq, Come Clean on Disease Risks!"

Alexandra
Morton posted on Facebook a
few days ago (26 May 2013):

Alexandra
Morton also wrote to Marine Harvest's CEO before
last year’s AGM warning Marine Harvest shareholders of the disease risks in British
Columbia.

Alexandra
Morton wrote once again to
Marine Harvest in March 2013:

Read
more via “Dear Marine
Harvest – Don’t”

Sadly,
Marine Harvest ignored the concerns and a lawsuit was filed
earlier this month.

"In view of the financial risks – especially in
relation to the financial fallout and exposure to the lawsuit – why has Marine
Harvest not notified the Oslo Stock
Exchange in line with the disclosure requirements pursuant to section 5-12 of
the Norwegian Securities Trading Act?" asked the letter to Marine Harvest's CEO.

"It is hard to escape the conclusion that Marine
Harvest stinks," concluded the letter. "Surely
it’s time to ring in the changes and come clean on the extent of disease risks?"