Faroe Islands

AQUACULTURE

AQUACULTURE

Faroe Islands-headquartered salmon producer Bakkafrost Group delivered second-quarter operational earnings before interest and taxes (EBIT) of DKK 388 million, some DKK 35 million more than in the corresponding period of 2023.

28th August 2024

Faroes strike impacts Bakkafrost’s financial performance

28th August 2024

FISHERIES

FISHERIES

The UK, Norway and the Faroe Islands have agreed quotas for North-East Atlantic mackerel.

19th June 2024

Trilateral deal on mackerel reached

19th June 2024

AQUACULTURE

AQUACULTURE

Family-owned salmon producer Hiddenfjord has become the first company in the Faroe Islands to attain Best Aquaculture Practices (BAP) four-star certification, the Global Seafood Alliance (GSA) has confirmed.

19th March 2024

Hiddenfjord in Faroese certification first

19th March 2024

FISHERIES

FISHERIES

The UK and Faroe Islands have reached an agreement on fishing opportunities for 2024 with the UK securing over 2,200 tonnes of fishing quota.

5th March 2024

UK and Faroe Islands reach 2024 fishing agreement

5th March 2024

SEAFOOD

SEAFOOD

New to the UK’s National Fish and Chip Awards 2024 is an Overseas Fish and Chip Shop category, with the award created to recognise international businesses putting Britain’s much-loved staple on the…

24th January 2024

UK fish and chip awards adds overseas category

24th January 2024

FISHERIES

FISHERIES

Killybegs Fishermen’s Organisation (KFO) CEO Seán O’Donoghue has given what he describes as “a guarded welcome” to the European Fisheries Council talks that concluded in Brussels on 12 December 2023.

13th December 2023

KFO: Fisheries Council outcome ‘acceptable’ to Ireland

13th December 2023

SEAFOOD

SEAFOOD

Redundancies have been made at Bakkafrost which the company says is directly due to a decrease in harvest volumes and the new Faroese revenue tax.

14th November 2023

Faroese revenue tax blamed for Bakkafrost job losses

14th November 2023

FISHERIES

FISHERIES

Delegations of the European Union, Iceland, the Faroe Islands, Greenland, Norway and the United Kingdom have reached an agreement on the management measures for mackerel, blue whiting and Atlanto-Scandian herring in the…

25th October 2023

Northeast Atlantic mackerel, blue whiting and herring quotas set

25th October 2023

AQUACULTURE

AQUACULTURE

Bergen, Norway-headquartered Mowi achieved a company-wide salmon harvest of 135,000 tonnes in the third-quarter of this year, representing a volume increase of 1,000 tonnes compared with the corresponding period of 2022.

18th October 2023

Mowi’s Q3 harvest edges up, earnings drop

18th October 2023

NEW VESSELS

NEW VESSELS

Turkey’s Tersan Shipyard Inc has confirmed the delivery of NB1102 Gadus, the Arctic freezer trawler it has built for P/F JFK from the Faroe Islands.

17th October 2023

Tersan Shipyard delivers Gadus

17th October 2023