April 23, 2018

Nordic Aquafarms inks partnership with Aqua Advance

Nordic Aquafarms and Inter Aqua Advance have entered into a long-term strategic agreement to develop, design and deliver large RAS (recirculating aquaculture systems) facilities in Norway and the US.

Construction for a new smolt facility in Fredrikstad, Norway, is planned to start this year and another one in the US in mid-2019. Development of new grow-out expansion is also moving ahead. A 4,200-tonne-per-year grow-out expansion in Fredrikstad is planned to start end of this year, while construction of grow-out modules for 13,000 tonne/year in the US is expected to start in the second half of 2019.

CEO Erik Heim of Nordic Aquafarms said, "We have chosen Inter Aqua Advance as our main RAS partner based on a good collaboration experience and quality work since 2017. Nordic Aquafarms has developed strong in-house capabilities and a new generation of designs, and we have therefore been focused on partnering with a competitive RAS partner that can meet our needs in the coming years".

For his part, Mikael Sivertsen, CEO of Inter Aqua Advance said, "We are happy to work with Nordic Aquafarms in developing designs, but also to contribute with our international experience based on many years' experience in this market.

"We are already expanding our organisation to be able to deliver to Nordic Aquafarms and our other customers in the coming years. The industry is in rapid development and we see a great potential to put our more than 40-year experience to work in the market".