Bakkafrost has signed an agreement with Norwegian recirculating aquaculture system (RAS) technology company Nofitech to expand the Glyvradal smolt hatchery on the Faroe Islands. The project will expand the hatchery’s capacity by 13,000 cubic metres.
Bakkafrost says the move is part of its long term investment plan and will mean that the annual production of the Glyvradal hatchery is expected to increase to four million smolt when the expansion project is completed.
The expansion of the Glyvradal hatchery capacity is part of Bakkafrost’ s strategy to farm the salmon for a longer period on land. The goal is to reach an average smolt size of 500 grams and to reduce the farming period at sea down to 12 months by 2022.
Bakkafrost CEO Regin Jacobson said: “With the expansion of the Glyvradal smolt hatchery, we are one step closer to achieving our overall goal to farm our salmon for a longer period on land.”
He added: “This is part of our strategy to farm superior salmon in a sustainable way with minimal biological risk.”
Robert Hundstad, CEO at Nofitech, said he was delighted with the partnership with the Faroese salmon farming company. He added: “We are very excited and humbled that Bakkafrost has given us the opportunity to be in the lead of this visionary project and to be part of the exciting development in the industry of salmon farming.”
Bakkafrost, which owns the Scottish Salmon Company, is currently also expanding the smolt hatcheries at Viðareiði and Norðtoftir. With the expansion of the three smolt hatcheries, Bakkafrost increases the total smolt capacity with 30,000 cubic metres.