Mowi offloads its stake in DESS Aquaculture

Mowi has sold its 50 per cent stake in the aquaculture vessel support company DESS Aquaculture Shipping for around 115 million euros (NOK 1.2 billion). The sale will provide the global salmon giant with a useful boost to its cash reserves during a difficult time for the fish farming sector. The buyer is Antin Infrastructure…

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Mowi orders two new well boats

Two new “super green” well boats have been ordered for Mowi’s fish farming operations in Norway. The order has been placed by DESS Aquaculture Shipping based in Grimstad and the vessels will be on long term lease to Mowi. Each has a very large capacity and will also be equipped with four dual-fuel generator sets…

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