Processor Marel set to take over Valka
Icelandic food processing group Marel has struck a deal to acquire Valka ehf, a fish processing business also based in Iceland. Under the deal Marel will acquire more than 90% […] Continue Reading
Samherji 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 […] Continue Reading
Aquaculture is now a ‘significant’ export earner for Iceland
Seafood, including aquaculture products, now accounts for more than a third of all Iceland’s export earnings, the latest data shows. Revenues from trade in goods and services during the first […] Continue Reading
UK and Norway agree free trade deal
Norway and the United Kingdom have finally reached agreement on a free trade deal which will provide improved access for seafood, it was confirmed today. The deal, confirmed by Norwegian […] Continue Reading
Hot springs could power Icelandic fish farm
Work has started on building Iceland’s largest fish farm in an area of the country more renowned for its mineral water and geothermal energy. The aquaculture company Landeldi ehf, founded […] Continue Reading
Benchmark’s new Iceland incubator ‘on track’
Benchmark Genetics says construction of its new incubation centre in Iceland is on track for completion this summer. The new facility, which will have an annual capacity of 300 million […] Continue Reading
Iceland shines light on aquaculture stats
Iceland has just launched its first aquaculture dashboard, bringing near total transparency to the country’s growing fish farming sector. The online dashboard was unveiled by Fisheries Minister Kristján Þór Júlíusson, […] Continue Reading
Investors back growth for Icelandic trout farm
A group of young investors in Iceland have come together in an enterprising new fish farming venture. The move is another example of the rapidly growing interest within the country […] Continue Reading
Icelandic Salmon takes a step closer to Westfjords permit
Icelandic Salmon looks set to win permission to produce an additional 10,000 tonnes of salmon in the Westfjords region. The company formerly known as Arnarlax, has received an assessment report […] Continue Reading