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Wednesday, April 30, 2025
Iceland-based Laxey transfers first batch of salmon to grow-out tanks
Iceland-based flowthrough salmon-farming startup Laxey has transferred its first batch of salmon from a post-smolt facility to its grow-out tanks.
Saturday, July 27, 2024
Farmed salmon surges to second most valuable seafood export in Iceland
Farmed salmon has ascended to become Iceland's second most valuable seafood export, according to latest official figures, Fish Farmer reported.
Thursday, June 27, 2024
Salmon deaths in Icelandic fish farms surge to nearly 2 million in early 2024
According to the Icelandic Food and Veterinary Authority (MAST), about 1.3 million farmed salmon died in sea cages in the first five months of 2023, and that number has risen to just under two million this year, roughly equivalent to 100 ti ...
Thursday, January 11, 2024
Iceland raises salmon farming taxes
Salmon farmers in Iceland will experience a notable increase in taxes this year as the Reykjavik government has decided to raise the aquaculture fee from 3.5% to 4.3%, Fish Farmer reported.
Friday, January 5, 2024
Iceland engulfed in debate over impact of farmed salmon escapes on wild cousins
A discussion has erupted in Iceland following claims by fisheries expert Gunnar Davidsson that escaped farmed salmon may not significantly harm their wild counterparts, Fish Farmer reported.
Tuesday, January 2, 2024
GeoSalmo secures US$14.6 million for land-based salmon farm project in Iceland
Land-based salmon company GeoSalmo has successfully raised ISK 2 billion (US$14.6 million) for its large-scale fish farm project in Iceland, Fish Farmer reported.
Thursday, November 9, 2023
Salmon farms in Iceland face welfare crisis amid sea lice outbreak
Images of severely diseased and dying salmon at an Icelandic fish farm have surfaced, revealing what a veterinary expert describes as an "animal welfare disaster" of unprecedented magnitude, The Guardian reported.
Tuesday, November 7, 2023
Icelandic consumer associate keen in labelling salmon produced in sea pens
The Consumers' Association of Iceland (Neytendasamtökin) has recently expressed interest in labelling salmon raised in sea pens, following a similar statement from Norway.
Friday, October 13, 2023
Framework to help Iceland's salmon farmers meet animal welfare, disease control standards
Iceland's government has proposed a new legal framework that provides a roadmap for the development of the country's fast-growing salmon farming industry.
Thursday, September 28, 2023
Investment fund acquires US$72 million stake in Icelandic salmon land farm
Haf Investments, a recently established investment fund, has acquired a substantial ISK 10 billion (~US$72 million; ISK 100 = US$0.72) stake in Thor Landeldi, a salmon business in Iceland, which aims to provide the necessary capital for a n ...
Tuesday, September 26, 2023
Iceland halts issuing new salmon farming permits
The Icelandic government has taken the decision to temporarily suspend the issuance of new permits for salmon farming, citing an escalating national discussion surrounding aquaculture, particularly in light of recent incidents, including fi ...
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 ...
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 ...
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, 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 ...
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