Search results for: grindavik
Fishing town facing new eruption threat
The Icelandic fishing and aquaculture port of Grindavik is facing more problems today following renewed volcanic activity in the area. Molten rock has erupted across the area causing further evacuation and the shutdown of any meaningful industry. Observers saw a further spectacular eruption on the Reykjanes Peninsula, spreading across a near two-mile wide fissure near…
Read MoreGeo Salmo’s new land farm finally breaks the ice
Icelandic company Geo Salmo has finally broken ground on its state of the art hybrid flow-through farm in the south west of the country. Amid sub-zero temperatures, the company carried out a start of construction ceremony at the site west of Þorlákshöfn which is not too far from the town of Grindavik, currently hit by a…
Read MoreTakeoff for GeoSalmo with financing completed
Land-based salmon company GeoSalmo has successfully raised ISK two billion (around £11.5 million) allowing it to move ahead very soon with its large-scale fish farm project in Iceland. The effort attracted an influential group of investors from across Scandinavia and northern Europe. GeoSalmo plans to build 24,000 tonne HFS farm (hybrid flow-through system) at Ölfus,…
Read MoreVolcano crisis: fish farmer battles to save business
Fish farming and fishing companies around the beleaguered town of Grindavik are racing to save what they can of their businesses from being engulfed by an expected volcanic eruption. The latest reports suggest that the port could be lost for good, with problems likely to remain for years. Earthquakes in the locality have already caused…
Read MoreRAS firms projects close to volcanic eruption threat area
At least three Icelandic fish farming companies will be keeping a watchful eye on the south west of the country today where the risk of a major volcanic eruption loomed large at the weekend. The harbour town of Grindavik saw the evacuation of its 3,500 inhabitants on Saturday, after the government declared a state of…
Read MoreNorthern star
Iceland’s fish farming saga is on the verge of an exciting new chapter. A new force in Atlantic salmon farming is starting to make its presence felt on the world stage: Iceland. From being a mere bit player only a few years ago, the country is fast moving up the aquaculture ladder. Iceland’s aquaculture industry…
Read MoreSamherji signs major RAS deal
A £263m deal to build Iceland’s largest land-based salmon plant was announced last night. It will be located on the coast at Reyjanes, just a few miles south of the capital, Reykjavik and will use the power of Iceland’s hot springs. Samherji, the country’s main integrated fishing company announced it had entered into agreement with…
Read MoreSamherji expands in Iceland
Iceland’s largest fishing company is working to further expand its plans to establish a large fish farming operation near the fishing town of Grindavik on the southern peninsula of Iceland. Samherji Fiskeldi ehf has prepared an environmental assessment plan to produce up 12,000 tonnes of Arctic char and salmon, a fourfold increase on what is…
Read MoreIceland company to boost Arctic char aquaculture investment
ICELAND’S largest fishing company has announced that it is to step up its investment in Arctic char aquaculture. Samherji, which owns several trawlers, a major fish processing operation along with European and UK interests, says it is expanding capacity at its land based fish farming site near Grindavik in Iceland. Three new sea holes have…
Read MoreTroubled company granted extra farm licences
ICELAND’S largest fishing company has landed a larger than expected operating licence to produce up to 3,000 tonnes farmed fish at Grindavik on the south western tip of the country. Samherji had originally applied for permission to cultivate 1,600 tonnes of salmon and char, but later asked for an increase. Now Iceland’s Food and Veterinary…
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