Norwegian cod-farming company Norcod AS has received permission for a new production site in the Nesna municipality, in Nordland county.
With a total maximum allowed biomass (MAB) of 3,600 tonnes, its new Labukta site is expected to go into production in the first half of 2023.
Norcod CEO Christian Riber said the site is perfectly suited for cod farming with good water depth, water temperature and current conditions.
“I am confident our fish will thrive here,” he said.
Including Labukta, Norcod has a total of five cod-farming sites along the Norwegian coast encompassing 19 licenses with a total MAB of 13,920 tonnes.
The company recently finalised its first full production cycle and is looking to start harvesting its second cycle in the third quarter of this year.
It is also in the process of putting its third cycle of cod into the sea phase this summer.
