Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
If you would like to send us an article, contact Margaret Stacey
   


Norcod aims to be the world’s first industrial-scale producer of responsibly farmed cod as a source of healthy sustainable protein.

Norcod and Havlandet Marin Yngel Start Construction of New Cod Fry Facility

  (NORWAY, 8/25/2021)

Cod-farming venture Norcod and fry producer Havlandet Marin Yngel have joined forces in 50-50 joint venture Havlandet Norcod AS to build the new Florø facility, which has a government concession to produce 24 million fry per year and will be ready to receive its first fry in autumn 2022. Work began at the site with the Norwegian fisheries minister flying in from Oslo to mark the occasion.

“The renewed focus on cod farming is tremendous. Given the improvements made in breeding and production methods, cod farming now has a much better starting point for profitable production than in the past. Land-based industry also has an important contribution to make by providing more stable access to raw materials. It opens new possibilities for year-round employment locally in the districts, which is especially important to keep people from moving away. This is a great day and a great investment in cod farming. I fully support all those who are making it happen,” said Norwegian fisheries minister Odd Emil Ingebritsen at the official ground-breaking ceremony last week.

https://admin.seafood.media/cm/photolib/images/download/65800_496x251_72_DPI_0.jpg
Norcod's core business is commercial sea farming of cod but through ownership and partnerships is involved in the entire value chain.

Breeding expertise

Havlandet has 20 years’ experience in land-based breeding and production of cod fry, but only a few years ago had no buyers for the product. They continued their programme only out of optimism that the market would one day return. With Norcod’s arrival the wind has changed and access to sufficient cod fry for large-scale farming has become more of a challenge.

Huge potential of cod

https://admin.seafood.media/cm/photolib/images/download/65801_206x206_72_DPI_0.jpg
Chair of the Norcod board Marit Solberg.

Havlandet is currently spawning its 7th generation of cod, with very positive developments made through each generation. The cod is now a tame fish with excellent breeding characteristics and genetics, reflecting the partners’ strong belief in cod as a major new aquaculture species. Investing in a new fry facility is intended to secure predictable fry supply for both companies in the future, while also having capacity to increase sales to other market players.

“This is a key milestone for Havlandet. We started cod breeding back in 2000 and thanks to the enthusiasm and dedication of our team made great progress both in terms of growth rate and health of the fish. If everything goes to plan, we also want to build a land-based production facility for juveniles and food fish. We’re really happy to be working with Norcod on this first phase of a bigger expansion at Fjord Base and are proud to be supporting them in breathing new life into the business of cod farming,” said Havlandet managing director Halvard Hovland.

Sustainability focus

Norcod aims to be the world’s first industrial-scale producer of responsibly farmed cod as a source of healthy sustainable protein. Its sea farms are located in Mid-Norway with ideal water conditions for the production of premium-quality fish. The company was listed on Oslo’s Euronext Growth market in 2020 and is committed to blue ocean value creation with minimal impact on the environment while supporting local communities.

https://admin.seafood.media/cm/photolib/images/download/65799_496x333_72_DPI_0.jpg

Norcod's North Atlantic cod is raised under excellent conditions in environments similar to those of the wild-living cod.

“Building this brand-new fry facility is an important step for Norcod on our journey towards achieving harvest volumes of 25,000 metric tonnes of fresh farmed cod in the coming years. It also cements our collaboration with Havlandet as a strong platform for the future,” said chair of the Norcod board Marit Solberg.

Top-quality biomass

https://admin.seafood.media/cm/photolib/images/download/65803_206x206_72_DPI_0.jpg
Norcod CEO Christian Riber.

Norcod CEO Christian Riber added: “For cod farming to be successful it is crucial to start with the best possible fish biology and highest quality fry. This new facility will provide the best possible starting point for our production cycles. We’re already close to our first commercial harvest this autumn and our entire team is looking forward to generating revenue. We have robust arrangements in place with buyers in our target markets who are eagerly awaiting our premium product – delicious fresh farmed cod available year-round.”

Also attending the ceremony at Fjord Base were representatives of Sparebank Sogn & Fjordane, which is co-financing the new fry facility, as well as municipal and county officials.

About Norcod AS

Norcod’ core business is commercial sea farming of cod but through ownership and partnerships is involved in the entire value chain. Norcod’s existing fish farms are located in Mid-Norway with ideal conditions for cod. Norcod is listed on the Oslo Stock Exchange’s Euronext Growth Market.

Source: Norcod

Related News

editorial@seafood.media
www.seafood.media


Information of the company:
Address: Thomas Angells gate 22
City: Trondheim
State/ZIP: (NO-7011)
Country: Norway
More about:


Location:



 Print


Click to know how to advertise in FIS
MORE ARTICLES
Kingfish Announces Key Progress Milestones on Permitted U.S. Precision-Aquafarm Site
Hai Trieu Food Earns Certification for Sustainable Wild-Caught Yellowfin Tuna
Pacifical Targets GSA Certification to Guard Fair Conditions for Seiner Crews
A Delicious, Surprising, Unbeatable Seafood Range
SalMar Aker Ocean Established
Finnforel to Invest EUR 45 Million in New Production Facilities
Machine Connectivity with Smartbase
Sustainable Packaging Solutions for the Fishing Industry
Multi X Introduces Arka, World's First Salmon Brand with a Full Line of Ultra-Premium, ABF Salmon
Bumble Bee Seafood Co. is Offering New Premium Products Under the Bumble Bee Prime Line
Camanchaca Launches New Consumer Brand for Chilean Market
Forever Oceans Appoints Bill Bien as New CEO to Lead a New Phase of Growth
Canned Fish of the Highest Quality
Take your Seafood Brand to the Next Level
Low Carbon Fish Packaging Helps Business and the Climate
Shandong's Rushan Leveraging Its 10 Billion-Dollar Oyster Industry
Blue Star Foods Corp. Advances Project to Develop First Full-Scale, Commercial Land-Based Aquaculture System
Groundbreaking Automation in Fish Packing
Sustainable Seafood Sales Reached an All-time High as Shoppers Cooked at Home in 2020-21
Alfa Laval Acquisition Strengthens its Sustainable Aquaculture Portfolio
More Articles...

Lenguaje
FEATURED EVENTS
  
TOP STORIES
Japan's Atlantic bluefin tuna quota for 2022 increases by 257 tons
Japan Japan's quota for Atlantic bluefin tuna for 2022 will be increased by 257 tons from a year earlier to a total of 3,483 tons, as per the decision of an intergovernmental fishery organization, the count...
Two high-tech research vessels of the Federal Agency for Fishery were laid down at the shipyard of the Nevsky Shipyard
Russia Fed. On November 26, at the Nevsky Shipyard in the city of Shlisselburg, the laying of two research vessels (NIS) of project 17050 took place. The Minister of Agriculture of the Russian Federation Dmit...
Inmarsat offers future-proof remote control connectivity for latest sea-kit uncrewed surface vessel trials
United Kingdom Seamless switching between land-based, coastal and satellite networks opens way for uncrewed vessels to find best available network automatically Inmarsat, the world leader in global, mobile satell...
Sharing facts about Alaska’s fisheries
United States The following is an excerpt from an article published by Anchorage Daily News: A persistent trickle of misinformation about our region’s fisheries has recently become a flood. ADN carried the m...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2021 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER