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Bakkafrost looks forward to the future with confidence In 2023, Faroese salmon farmer Bakkafrost encountered some challenges, yet they notably strengthened their position and biological performance throughout the year, setting […]
The status quo is unsustainable, says global supply chain collective, as the Faroes adds to the list of coastal states setting pelagic quotas before sharing agreement is reached. Since February […]
Ireland calls for EU action over mackerel. At this week’s Fisheries Council, Ireland’s Minister for Agriculture, Food and the Marine, Charlie McConalogue TD raised the issue of very large unilateral […]
JT electric Expands in Scotland – JT electric has entered into a deal to acquire Scottish company, Sterner AquaTech UK Limited (Sterner UK). Due to JT electric’s buy-out, the current […]
Bakkafrost acquires majority shareholding in Scottish Salmon Company – Faroese salmon farmer Bakkafrost has secured a majority shareholding the Scottish Salmon Company – the second biggest Scottish salmon company by […]
Mixed first quarter for Bakkafrost – The Bakkafrost Group delivered a total operating EBIT of DKK 267.7 million in Q1 2019. Harvested volumes were 13.7 thousand tonnes gutted weight. The […]
Market challenges hit Bakkafrost fourth quarter earnings. The Faroese Bakkafrost Group delivered a total operating EBIT of (Danish) DKK 230.5 million in 2018. Harvested volumes were 12.2 thousand tonnes gutted […]
EU Faroes Deal to Maintain Fishing Balance – The recently signed EU and the Faroe Islands fisheries arrangement for 2019 will maintain the balance of fishing possibilities and the high […]
Scots disappointed at scale of pelagic access given to Faroes. The Scottish Government has expressed disappointment at level of access into Scottish waters given to the Faroese for key pelagic stocks. […]
World’s largest fishing vessel lands blue whiting in Faroes. This week the world’s largest fishing vessel Annelies Ilena GDY-151 has been in Kollafjørður in the Faroes for discharging 3700 tonnes […]
Faroese Ling and Tusk Fisheries achieve MSC Certification. The Faroese fishery of ling (Molva molva) and tusk (Brosme brosme) has achieved Marine Stewardship Council (MSC) certification as a sustainable and […]
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