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Thursday, September 21, 2023
Laxey raises US$45 million in equity for Icelandic land-based salmon farm
Laxey, formerly Icelandic Land Farmed Salmon, has successfully secured EUR 42 million (~US$45 million; EUR 1 = US$1.07) in the initial phase of its equity fundraising campaign for a land-based salmon farm project in Iceland, SeafoodSouce re ...
Wednesday, September 20, 2023
Iceland suspends aquaculture permits amid industry and environmental concerns
In response to the burgeoning aquaculture industry and mounting concerns about its impact on local fish stocks, the Icelandic government has suspended further aquaculture permits, following years of rapid growth in fish farming, which has s ...
Thursday, July 20, 2023
First Water raises US$92 Million for land-based salmon farming project in Iceland
Iceland-based land-based salmon farming company First Water, formerly known as Landeldi, has secured EUR 82 million (~US$92 million; EUR 1 = US$1.12) to advance its land-based salmon farming initiative as it prepares for the next phase of c ...
Wednesday, March 29, 2023
Iceland aquaculture shipments totalled US$4.7 billion in 2022
Data from Statistics Iceland showed Iceland's aquaculture shipments totalled ISK 642 billion (~US$4.7 billion; ISK 100 = US$0.73) in 2022, 39% up compared to 2021, Fish Farmer reported.
Monday, February 27, 2023
Iceland urged to improve official controls on poultry meat
Serious concerns have been raised about certain official controls in Iceland on poultry meat.
Monday, February 20, 2023
Poll found drop in support of aquaculture by residents in Iceland's Westfjords region
A majority of people living in the Westfjords region of Iceland, where much of the country's salmon farming is located, remain positive about the aquaculture industry – but support is less solid than it was, a poll has found.
Wednesday, February 1, 2023
Iceland sets funds for creation of fishing farming degree
Iceland is allocating millions of kroner to help the country's leading universities develop a degree course in fish farming.
Friday, October 21, 2022
Local authorities in Iceland seek for direct reception of tax contributions from aquaculture
Local authorities in the Westfjords, Iceland's largest salmon farming area, have called for any tax contributions from aquaculture to go directly to them instead of having to collect it from a central government fisheries fund.
Tuesday, August 30, 2022
Iceland Seafood sees 14% rise in sales during first half of 2022
Iceland Seafood International (ISI) reported a 14% uptick in sales in the first half of 2022, but that wasn't enough to overcome higher operating costs, as the Reykjavik, Iceland-headquartered seafood company posted a normalised loss before ...
Monday, August 29, 2022
Norway's Artec Aqua in US$175.1 million-plus deal to set up land-based salmon farm in Iceland
Artec Aqua, a Norwegian based turnkey supplier for onshore aquaculture, has signed a £150 million-plus (US$175.1 million) deal to build a large land-based salmon farm in Iceland.
Tuesday, August 16, 2022
BioMar and Síldarvinnslan to build net-zero aquafeed facility in Iceland
BioMar Group and Síldarvinnslan have signed a memorandum of understanding to build a modern high-tech aquafeed production facility in Iceland.
Tuesday, June 14, 2022
Icelandic firm Sildarvinnslan has purchased Norwegian salmon giant Bremesco
Sildarvinnslan, an Icelandic fishing and processing company, has agreed to buy a 34.2% stake in Arctic Fish Holding from Bremesco Holding Limited for NOK 1.089 billion (~US$111 million; NOK 1 = US$0.1), Fish Information & Services repor ...
Tuesday, May 17, 2022
Samherji to build land-based salmon farming site in Öxarfjördur, Northeast Iceland
The aquaculture arm of Iceland's Samherji has unveiled a $26 million capital increase and appointed former Mowi chief executive officer Alf-Helge Aarskog to its board.
Tuesday, May 10, 2022
Iceland's beef production hits record high in 2021
Farmers in Iceland produced nearly five tonnes of beef last year, an all-time record for the country.
Wednesday, January 26, 2022
Iceland's farmed salmon production rose by 35% in 2021
The production of farmed salmon in Iceland increased by more than 12,000 tonnes, or 35%, last year, Morgunblaðið reported.
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