Archive 2015

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Vessel Owners: Beyond Perception

The Faroe Fishing Vessel Owners’ Association is engaging policymakers in an outreach effort prior to an expected fisheries reform, meanwhile further reinforcing its organization with Anfinn Olsen as new chairman of the board. The umbrella organization of the Faroe Islands’ commercial fishing vessels — the Faroe Fishing Vessel Owners’ Association (Føroya [...]

2017-04-20T22:46:45+00:00 September 25th, 2015|Archive 2015|0 Comments

Emerging Ship Registry Offers New Opportunities

The emerging merchant shipping industry and related services could represent a potential new economic driving force for the Faroe Islands with the FAS ship registry playing a leading part, according to the Faroese Maritime Authority. Although Faroese exports still largely consist of fishery and aquaculture products, merchant [...]

2017-04-20T22:46:45+00:00 May 21st, 2015|Archive 2015|0 Comments

Budding Entrepreneurs

Click here to view PDF… Daring to dream big amid concerns of brain drain, today’s Faroese creatives see potential in their cultural heritage — a consideration of the creative economy of the Faroes through the prism of Faroese film. In the public eye of Faroese society, this electoral year of 2015, there is no shortage [...]

2017-04-20T22:46:45+00:00 May 21st, 2015|Archive 2015|0 Comments

Klaksvík Yard on Growth Trajectory

Click here to view PDF… Backed by dealerships in marine equipment such as Ibercisa and Caterpillar and with a renewed focus on service, Klaksvík’s repair yard KSS is experiencing rapid growth under the management of co-owner Frimodt Rasmussen. Repair yard KSS is quietly reasserting itself as a force to be reckoned with in the maritime [...]

2017-04-20T22:46:45+00:00 May 21st, 2015|Archive 2015|0 Comments

MEST Sharpens Focus on Offshore Energy Sector

Click here to view PDF… The MEST shipyard and engineering group is staking its claim in repairs and maintenance of oil and gas-related assets, complementing business for the fishing industry with work on offshore support vessels, oil tankers and oil rigs. Last year (2014) brought significant developments for MEST, the Faroese shipyard and engineering group. [...]

2017-04-20T22:46:45+00:00 May 21st, 2015|Archive 2015|0 Comments

Opening Doors for More Ship’s Officers

Click here to view PDF… Adjustments are underway for the Faroese nautical school to streamline the existing ship’s officer trainee system and reduce seafaring experience requirements, meanwhile adding more oil and gas related courses. Limited access for young people seeking a career as navigation deck officer has long been a subject of concern in the [...]

2017-04-20T22:46:45+00:00 May 21st, 2015|Archive 2015|0 Comments

Upping Cold Storage Capacity

Click here to view PDF… With the Faroe Islands strategically located to provide services for international vessels — and the country’s total cold storage capacity soon to exceed that of Iceland — cold store Bergfrost looks to scale up its capacity to 25,000 tonnes. In a tunnel complex situated right at Fuglafjørður’s fishing harbor, the [...]

2017-04-20T22:46:45+00:00 May 21st, 2015|Archive 2015|0 Comments
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