Akva Group wins key Iceland contract

LAXEY, the Icelandic company building a young land based salmon farm in the Westfjords region, has signed a keynote deal with the Akva Group. The agreement will focus on the implementation of re-use technology across the first of six grow-out modules planned for the site. Each module is designed to produce 4,500 tons of salmon…

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AKVA in solar deal to power up Chile salmon industry

AKVA group, the world’s largest supplier of services to the aquaculture industry, has entered into a partnership deal which could help transform the Chilean fish farming industry’s power setup. The deal is with Inseanergy which specialises in turnkey solutions for floating solar power systems. AKVA  said  it marks a significant step towards being able to electrify…

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Brighter outlook for AKVA group

Aquaculture technology service company AKVA has reported a strong increase in revenues and operating profits for last year. AKVA recorded an EBIT of NOK 68m (£5m) against an operating loss of NOK 56m (£4m) in 2022. Revenues increased by 2% to NOK 3,432m (£254m) and it also has a strong order intake last year of…

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AKVA seals deal for Chinese land-based farm

Aquaculture technology group AKVA has signed a deal to work on Nordic Aqua Partner’s new land-based salmon firm in Ningbo, China. The project will be undertaken by AKVA’s land-based farming subsidiary Land Based Norway AS, and AKVA has committed to a stake of €3.1m in the venture. The Chinese operation, Nordic Aqua Ningbo, will use…

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AKVA signs deal to build land-based farm in Sweden

Aquaculture technology business AKVA has signed a deal to design a land-based salmon farm in Sweden. The facility will be owned and run by Premium Svensk Lax (PSL), a Swedish company that has developed a zero-emissions approach to land-based fish farming. In September, PSL gained approval from Swedish regulators for a farm with annual production…

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AKVA Q3 revenue grows year on year

Aquaculture technology services provider AKVA group has reported revenue for Q3 of NOK 806 million (Q3 2019: NOK 771 million), an increase of 4%. EBITDA for the group decreased from NOK 115 million in Q3 2019 to NOK 105 million in Q3 2020. Net Profit was down from NOK 42 million last year to NOK…

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Moor for less

AKVA group`s versatile mooring system is easy to install and has a high breaking load. Alfaring uses patented technology specifically designed to meet the exacting demands of the Aquaculture industry. The main component of the system is a flexible polyurethane coupling ring incorporating an endless steel rope core. It acts as a robust corrosion proof…

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AKVA signs key Mid-East salmon deal

AN agreement for design of a number of land based salmon farms in the Middle East has been signed between AKVA group  and the Dubai based company Vikings Label. This significant development  is another indication of  the growing determination of  countries in the Mid-East region to develop their own aquaculture industry. Vikings’ chief technical officer …

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Observe the future

Observe Technologies are in the final trials of a unique augmented feed system that enables automatic feeding of pens. Operators and managers can configure custom feed strategies allowing them to automatically increase and decrease feeding rates ensuring a responsive and standardised method of feeding. It is designed to complement existing processes and enable site personnel…

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‘Business as usual in unusual times’ says Ace Aquatec

DUNDEE based technical equipment supplier Ace Aquatec has put an improved regional support network in place during the coronavirus crisis to ensure a quick response to customers’ needs. With the country in lockdown, contingency plans were needed to provide technical back-up for the company’s acoustic deterrent devices and electric stunners, installed in often remote regions.…

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