All Faroe Islands articles
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NewsFour-party mackerel deal slammed for sidelining EU
New agreement also rewards overfishing and creates an uneven playing field, says Europêche
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NewsCatamaran order placed with Faroese yard
MEST confirms order for a 24-metre vessel for aquaculture company Mowi
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NewsRecord biology in the Faroes drives down costs as Bakkafrost eyes sustainable growth
But salmon producer contends with weak salmon prices and challenges in Scotland during Q3 2025
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NewsUK secures 2,000 tonnes of Faroese quota
The UK has secured over 2,000 tonnes of fishing opportunities in Faroese waters for 2025, valued at GBP 5 million
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NewsBakkafrost's year-end performance tails off
Bakkafrost’s Q4 2024 EBIT decreased, but strong performance in the Faroe Islands and growth plans continue
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NewsFaroe Islands onboards new salmon farming tax
Maximum rate reduced to 7.5% and a special additional corporate tax of 12% introduced for at-sea production
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NewsBakkafrost board buoyant despite challenges
Bakkafrost’s board remains buoyant despite weak Q3 results owing to low salmon prices and a virus outbreak at one of its farms
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NewsNewbuild: Faroese pelagic flagship
Finnur Friði has been delivered to Krossbrekka, part of the Varðin Group, and started fishing within a few days of docking for the first time at its home port of Gøta
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NewsFaroes strike impacts Bakkafrost’s financial performance
Salmon producer harvested 4,000 tonnes post-strike at much lower prices
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NewsTrilateral deal on mackerel reached
The UK, Norway and the Faroe Islands have agreed quotas for North-East Atlantic mackerel
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NewsHiddenfjord in Faroese certification first
Family-owned salmon producer becomes the first company in the Faroe Islands to attain Best Aquaculture Practices four-star certification
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NewsUK and Faroe Islands reach 2024 fishing agreement
UK fishing vessels access to key stocks such as haddock and saithe
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NewsUK fish and chip awards adds overseas category
Finalists have been explored in detail and asked to evidence how they’ve overcome challenges associated with producing the iconic dish abroad
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NewsKFO: Fisheries Council outcome ‘acceptable’ to Ireland
Organisation’s CEO gives guarded welcome to conclusion of talks with additional mackerel secured
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NewsFaroese revenue tax blamed for Bakkafrost job losses
Bakkafrost has made redundancies because of the new Faroese revenue tax
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NewsNortheast Atlantic mackerel, blue whiting and herring quotas set
Coastal states also agreed to address the issue of quota-sharing arrangements for all three stocks no later than early 2024
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NewsMowi’s Q3 harvest edges up, earnings drop
Bergen, Norway-headquartered salmon farmer posts a company-wide salmon harvest of 135,000 tonnes for the third-quarter of 2023
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NewsTersan Shipyard delivers Gadus
P/F JFK from the Faroe Islands takes delivery of its new Arctic freezer trawler
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NewsLower Q3 salmon harvest for Bakkafrost, feed sales down
Atlantic salmon farmer harvested a total 20,800 tonnes of fish from its operations in the Faroes and Scotland
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NewsBakkafrost issues Q2 profit warning
Salmon farmer sees extraordinarily low harvest volumes and reduced fish weights in the Faroes and also reduced harvest weights in Scotland
