Arctic Offshore project secures state funding

Norway Royal Salmon is to receive NOK 800 million (£68m) in state guarantees from towards the construction of its futuristic offshore submersible fish farm and hatchery, Arctic Offshore Farming. The loan assurance has come from the Guarantee Institute for Export Credit, commonly known in Norway as Giek, an organisation which reduces the risk for businesses…

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Norway’s seafood exports take a hit

Norway has reported a significant drop in the value of its seafood exports, including salmon, for last month. The country’s fish farmers and fishermen netted a total of NOK 9.4 billion (£798.5 million), a decline in value of 11 per cent or NOK 1.2 billion (£102 million) compared with November last year. Tom-Jørgen Gangsø, director…

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ISA infections move south

Norway’s Food Safety Authority has established a strict control area in the Stavanger region to help prevent the further spread of infectious salmon anaemia (ISA). The Rogoland area is in the southern part of Norway which up to now has remained relatively ISA-free. The move follows a confirmed ISA outbreak earlier this month at the…

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Norway 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…

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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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Norwegian salmon exports hit record level

Norway exported 120,000 tonnes of salmon during October. Converted into whole fish, the volume was 138,674 tonnes which is the highest export volume yet for a single month. Low prices meant the value at NOK 6.5 billion (£527 million) fell by NOK 124 million (£10.1m), down two per cent compared with October last year. The…

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Ace Aquatec sets up operations in Norway

Scottish-based aquaculture technology supplier Ace Aquatec is branching out with the opening of a new division in Norway. Based in Marineholmen in Bergen, the company’s Norwegian division will be led by regional manager Preben Imset Matre, BS Marine Biology & Aquaculture, who was previously head of Norway operations at aquaculture supplier Aquabyte. Ace Aquatec has…

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Sande Aqua plans land-based salmon farm

A plan to build Norway’s largest land-based salmon farm at a cost of more than five billion kroner (around £400 million) has been unveiled. The company Sande Aqua is behind the ambitious project which is initially expected to produce around 33,000 tonnes a year (including 6,000 tonnes of one kilogramme post smolt fish) when completed,…

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Norsk Sjømat puts listing on hold

Norsk Sjømat is postponing plans to list on the Oslo Stock Exchange, blaming increasing turbulence in the financial market. The company said the uncertainty was particularly acute in the seafood sector at the moment. The surprise announcement comes just three weeks after salmon farmer Norsk Sjømat and conventional fishing company Nergård announced they were joining…

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Fischtechnik makes the grade

Staff from Fischtechnik International Germany are striving to build the best graders for live fish. For almost 40 years the company has been known for its unique belt system which carries the fish very gently and sorts them with high precision. More than 2.000 fish graders have been exported to over 70 counties. whether trout,…

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