Posts Tagged ‘Arctic Fish’
Arctic Fish escape investigation reopened after appeal
The Icelandic salmon farmer Arctic Fish is likely to face an investigation into its operations in the Westfjords after all. A decision by the police to drop an inquiry into the accidental release of salmon last year has now been overturned by the Office of Public Prosecutions . The Mowi-owned company experienced the accidental release…
Read MoreArctic Fish granted licence renewal for two sites
The Icelandic Food Agency, MAST, has renewed the operating licence of Arctic Sea Farm, a subsidiary of Arctic Fish, at two key sites. The decision allows for up to 7,800 tonnes of salmon. The sites are at Patreksfjord and Tálknafjörður in the Westfjords region of the country. Arctic Fish, which is majority owned by Mowi,…
Read MoreArctic Fish hits 2023 record despite escape crisis
Iceland’s Arctic Fish produced an operational profit or EBIT of €3.2 million (£2.7m) in 2023, the first full year under Mowi ownership. This was in spite of serious escape issues during the summer which led to a backlash in Iceland against open pen salmon farming. The company said the financial biological performance improved somewhat after…
Read MorePolice decision to drop salmon escape investigation challenged
The Icelandic Veterinary Authority Mast is appealing against a local police decision not to prosecute Arctic Sea Farm over a large fish escape in the summer. More than 3,500 salmon got out of the farm in the Westfjords in August in what turned out to be one of the largest escape incidents in recent times.…
Read MoreIcelandic police drop fish escape investigation
The Icelandic police have dropped their investigation into fish farmer Arctic Fish, over a large salmon escape in August last year. An estimated 3,000 fish got out in what was seen around the country as a major incident, with anti-salmon farming factions calling on the government to ban open pen fish farming. The Icelandic Veterinary…
Read MoreArctic Fish opens new slaughterhouse
Arctic Fish’s new slaughterhouse in the north-west of Iceland opened last week in a ceremony watched by a crowd of more than 500 people. The Mayor of Bolungarvik, Jón Páll Hreinsson described the facility which is based near Drimla as “world-class”. He told the regional website bb.is it was one of the biggest investments in business…
Read MoreIcelandic salmon company makes two new key appointments
Icelandic salmon farmer Arctic Fish has made two new key appointments. The Mowi-owned company has named John Gunnar Grindskar as its new Chief Operating Officer and Baldur Smári Einarsson as its new Financial Director. John Grindskar, who joins from Mowi in Norway, takes up his post in the next few days, while Baldur Einarson, who has been…
Read MoreNorway Royal Salmon share deal paves way for Iceland tie-up
A larger and more powerful Icelandic salmon farming operation looks set to emerge following a financial restructuring in Oslo. The Norwegian transport and aquaculture services group NTS is increasing its stake in Norway Royal Salmon (NRS) after selling its shares in the company which owns the Icelandic salmon farmer Ice Fish Farm. In return, the…
Read MoreSalmon prices at record levels
FRESH salmon prices in both Norway and Scotland have been disappearing off the seafood radar screen due to unprecedented high levels since New Year. Spot prices touched more than NOK 78 per kilo in Oslo, while in Scotland they hit between £8 and £8.50 a kilo (NOK 92 to NOK 98). And while they are expected to…
Read MoreIceland\’s largest aquaculture centre opens
A HUGE new aquaculture breeding and hatchery centre has opened for business in the west of Iceland, on a remote fjord more than 250 miles from the capital Reykjavik. The £25 million (ISK 4 billion) Arctic Fish owned facility covers 10,000 square metres near the small fishing harbour of Tálknafjörður, where the company is currently…
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