An Arctic Fish site in Iceland. Photo: Arctic Fish.

Arctic Fish closes in on an extra 4,000 tonnes

A proposal to grant an extra 4,000 tonnes of maximum allowed biomass to Iceland salmon farmer Arctic Sea Farm has today been advertised by MAST (Iceland Food and Veterinary Authority) and Umhverfisstofnun (The Environment Agency of Iceland).

Editors
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The move is the final stage in the licence application process, Arctic Sea Farm’s Norwegian parent company, Arctic Fish Holding AS, said in a market update.

Stakeholders have until November 9 to comment on the licence and after that it should be issued. When the licence has been issued the company will hold, 27,100 tonnes (MAB) of licences; salmon licences for 21,800 tonnes (MAB); and trout licences for 5,300 tonnes (MAB) that are in the process of being converted to salmon licences.

New fjord

The new licence is for a site and a fjord - Arnarfjordur in the Westfjords - where Arctic Sea Farm has not operated before.

Arctic Fish Holdings AS is majority owned by Norway Royal Salmon (NRS) which holds 51.28% of equity. NRS is in turn majority owned by aquaculture, wellboats, shipping and service vessels company NTS ASA.

NTS is merging two other salmon farming operations - Midt-Norsk Havbruk AS and SalmoNor AS – into a new company which will continue to be called SalmoNor. Combined, NRS and SalmoNor will have a harvest potential of approximately 100,000 tonnes (head on gutted) in Norway and an expected 24,000 tonnes HOG in Iceland through Arctic Fish.

arctic fish salmonor salmon nts asa norway royal salmon norway news mast iceland umhverfisstofnun (the environment agency of iceland)