Norway

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

Svolvær, Norway, -based supplier of refrigerant solutions to the aquaculture and fisheries industries Proff Kulde AS has extended its footprint in northern Norway with a new facility in Tromsø. The company has…

1st September 2023

Aquaculture supplier expands to Tromsø and rebrands

1st September 2023

LAND-BASED FARMING

LAND-BASED FARMING

Land-based aquaculture company Andfjord Salmon is rapidly advancing with the expansion of its facility at Kvalnes, Andøya, Norway, with the company reporting that the summer months saw successful preparatory efforts and the…

23rd August 2023

Andfjord Salmon expansion in full swing

23rd August 2023

LAND-BASED FARMING

LAND-BASED FARMING

Land-based salmon farming company Gigante Salmon has confirmed it is on course to start production at its first facility on Lille Indre Rosøy in Rødøy, Norway, this autumn.

8th August 2023

Gigante Salmon readies for production start

8th August 2023

NEW VESSELS

NEW VESSELS

Icelandic boatbuilder Trefjar built its reputation supplying its robust Cleopatra fast fishing vessels to its home market, but these days a substantial part of its activity is in exports – notably in…

2nd August 2023

Cleopatras gain popularity with Norwegian fleet

2nd August 2023

ANALYSIS

ANALYSIS

With demand softening and El Niño driving up fishmeal prices, the second-half of 2023 is expected to be the most challenging period for global aquaculture since the peak of the Covid pandemic…

31st July 2023

Falling demand and El Niño to challenge global aquaculture

31st July 2023

AQUACULTURE

AQUACULTURE

Bergen, Norway-headquartered Mowi ASA posted operational earnings before interest and taxes (EBIT) of approximately €300 million for the second-quarter of this year, some €20 million less than in the corresponding period of…

17th July 2023

Mowi Q2 harvest increases but earnings fall

17th July 2023

BUSINESS & FINANCE

BUSINESS & FINANCE

“The potential for land-based aquaculture is huge,” says Kjetil Haga, founding partner of impact seafood investor Bluefront Equity, “and a lot of that is down to events taking place in the salmon…

13th July 2023

Bluefront Equity takes a niche approach

13th July 2023

INTERVIEWS

INTERVIEWS

At the time of writing, Atlantic salmon farmer Andfjord Salmon AS had just confirmed that it is to progress with plans that will increase the total production volume at it Kvalnes site…

13th July 2023

Andfjord Salmon looks to capitalise on its natural advantage

13th July 2023

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

International research organisation WorldFish has embarked on an initiative with Norway aimed at refining, testing and scaling innovative renewable energy solutions for the aquaculture sector in Egypt. 

11th July 2023

WorldFish, Norway target Egyptian aqua growth

11th July 2023

AQUACULTURE

AQUACULTURE

Norwegian-headquartered salmon farmer SalMar ASA harvested 44,300 tonnes of head-on gutted (HOG) salmon in the second-quarter of this year, up 11,900 tonnes on the corresponding period of 2022, with increased volumes coming…

10th July 2023

Increased Q2 salmon harvest for SalMar

10th July 2023

LAND-BASED FARMING

LAND-BASED FARMING

A strategic partnership has been established between land-based aquaculture company Andfjord Salmon and fish handling technology provider Cflow to develop the former’s facility at Andøya, Norway.

20th June 2023

New partners to advance land-based salmon farm

20th June 2023

AQUACULTURE

AQUACULTURE

Cod farming company Norcod AS has entered into an agreement to purchase 100% of the shares in mid-Norwegian harvester Kråkøy Slakteri AS and TN Kråkøy Eiendom AS. 

15th June 2023

Norcod acquires fish harvesting business

15th June 2023

AQUACULTURE

AQUACULTURE

Falcon Bidco AS, a company indirectly wholly-owned by infrastructure funds managed by Goldman Sachs Asset Management, has entered into an agreement with NTS AS, a wholly-owned subsidiary of SalMar ASA and Frøy…

5th June 2023

Goldman Sachs to buy NOK 6.6 billion Frøy

5th June 2023

INNOVATION & TECHNOLOGY

INNOVATION & TECHNOLOGY

A new and upgraded live fish transfer system has been delivered to SalMar Aker Ocean’s fish farm, Offshore Farm 1.

5th June 2023

Offshore farm’s fish transfer system delivered

5th June 2023

AQUACULTURE

AQUACULTURE

The government of Norway has had its resource rent tax on aquaculture passed by the country’s parliament (Storting), but the controversial proposal’s rate of 35% was lowered to 25%.

30th May 2023

Norwegian salmon farming tax agreed at 25%

30th May 2023

LAND-BASED FARMING

LAND-BASED FARMING

Norwegian land-based salmon farming company Salmon Evolution ASA has confirmed the book-building process for a private placement of new shares has been successfully completed, raising gross proceeds of NOK 525 million, through…

21st April 2023

Private placement for Salmon Evolution

21st April 2023

AQUACULTURE

AQUACULTURE

Bergen, Norway-headquartered salmon farming group Grieg Seafood ASA harvested approximately 15,350 tonnes of fish in the first-quarter of this year, which was 1,550 tonnes less than in the corresponding period of 2022,…

19th April 2023

Lower Q1 salmon harvest for Grieg Seafood

19th April 2023

SEAFOOD

SEAFOOD

Seafood linked to human rights abuses, illegal fishing and the destruction of marine ecosystems could be ending up in the Korean market, according to a new investigation from the Environmental Justice Foundation…

19th April 2023

Report: Korea exposed to high-risk seafood

19th April 2023

AQUACULTURE

AQUACULTURE

Atlantic salmon producer Mowi ASA harvested 102,500 tonnes of gutted weight equivalent (GWE) fish in the first-quarter of this year, some 5,500 tonnes more than in the corresponding period of 2022, and…

18th April 2023

Higher first-quarter harvest for Mowi, earnings rise

18th April 2023

AQUACULTURE

AQUACULTURE

Salmon Evolution has secured a finance package that will be used to complete construction on its first production facility at Indre Harøe.

12th April 2023

Salmon Evolution secures facility build funding

12th April 2023