Recognized Authority

Faroe Business Report—the International Review of Faroe Islands Industry and Trade—is recognized as a leading information source in its field, offering a quick yet comprehensive overview of the Faroes as an exporting country and a place for foreign investment. With the purpose of educating overseas clients, business and diplomatic contacts, and news media about the Faroe Islands, the Report has proved invaluable to readers, and indispensable for co-sponsors and advertisers for its well presented, easily digested information.

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Welcome to the 2016 Edition of the Faroe Business Report

Faroe Business Report 2016

Welcome to the 11th volume of the Faroe Business Report, the 2016 edition of the international review of Faroe Islands industry and trade. The tiny island nation in the North Atlantic continues to impress in several departments, with foreign trade reaching new record levels on the exports side, while at the same time incoming tourism is picking up amid reinforced efforts to promote the country internationally as a destination to visit. Read more…

New Simulators for Steeper Learning Curves

With 3,500 Faroese ship’s officers due for qualification updates in line with amendments to IMO standard requirements, the VH nautical school steps up training activities, increasingly using state-of-the-art simulation technology. […]

A Unique Position in the Baader World

There is nothing like good old Baader processing machinery and to maintain it the leading experts are found in the Faroe Islands — at engineering firm Petur Larsen, whose specialists travel the world to service the machines. […]

Fisheries Reform: Questions of Priority

Taking a too formalistic approach to issues such as equal competition and resource ownership can do more harm than good, policymakers looking to reform fisheries legislation are warned by the Faroe Fishing Vessel Owners. […]

Ever Fizzing with Activity: Fuglafjørður Ready for Container Operations

With a new extension quay that vastly improves the harbor area between Havsbrún and Faroe Bunkers, Fuglafjørður — the Faroe Islands’ leading pelagic port — prepares to host container operations on a regular basis. […]