Ice­land fish farm­ing up 38 per cent

Fish Farmer - - European News -

FISH farm­ing pro­duc­tion in Ice­land has in­creased by 38 per cent dur­ing the past 12 months. The an­nual fig­ure is now 27,776 tonnes and that is ex­pected to grow sig­nif­i­cantly over the new two to three years.

The Ice­landic Food Ad­min­is­tra­tion says sal­mon and trout re­main the two largest species. Sal­mon pro­duc­tion in­creased by a third on the pre­vi­ous 12 months, reach­ing 11,265 tonnes.

The ad­min­is­tra­tion pre­dicts that as sal­mon prices con­tinue to rise, then so will pro­duc- tion, adding that a num­ber of com­pa­nies have ex­pan­sion in mind. This is also likely to at­tract a num­ber of new com­pa­nies to fish farm­ing in Ice­land.

One such com­pany, Arc­tic Fish, which is part owned by Nor­way Royal Sal­mon, held a public meet­ing with a num­ber of res­i­dents south of the West­fords re­cently, in which it out­lined plans for in­creas­ing sal­mon pro­duc­tion in var­i­ous parts of the re­gion.

The com­pany said the planned in­vest­ment should even­tu­ally net 32 bil­lion Ice­landic kro­ners (£225 mil­lion) a year, cre­at­ing 350 to 400 di­rect jobs, plus a num­ber of in­di­rect jobs, which will have a con­sid­er­able im­pact in a coun­try with a pop­u­la­tion of just 350,000 peo­ple.

The de­vel­op­ments will be in ar­eas which have lost or seen a re­duc­tion in their tra­di­tional fish pro­cess­ing in­dus­tries so the de­vel­op­ment should help to re­store eco­nomic well­be­ing.

Sig­ur­dur Pé­turs­son, busi­ness de­vel­op­ment di­rec­tor at Arc­tic Fish, out­lined plans for a wa­ter and waste re-us­able sys­tem, which he de­scribed as unique and one of the most ad­vanced in the world.

‘We can ac­tu­ally re-use 99 per cent of our wa­ter,’ he said. The com­pany also has ASC cer­ti­fi­ca­tion which, he added, was one of the best known en­vi­ron­men­tal and wel­fare cer­ti­fi­ca­tions for aqua­cul­ture.

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