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Ambienta Takes Majority Stake in GroAqua as Tjaldur Reinvests to Retain Faroese Footprint

The North Atlantic aquaculture tech sector is undergoing a major wave of consolidation with Italy’s private equity investor Ambienta acquiring a majority stake in Faroe Islands-based GroAqua....

Faroese Longliners Hit by 18% Flemish Cap Cod Quota Cut

The Faroese longliner fleet has been dealt an economic blow as the global Flemish Cap cod quota will be slashed by 18 percent next year, dropping to a total of...

Faroe Farmed Salmon Exports Surge by 1 Billion DKK Year-on-Year

The Faroe Islands’ total export value reached nearly 14.5 billion DKK (1.94bn EUR) between August 2025 and July 2026, marking a 1.5bn DKK increase on the previous...

Klaksvík to Extend North Harbour

To accommodate a growing influx of larger vessels, the Municipal Council of Klaksvík plans to boost port capacity by doubling the 300-meter North Harbour quay as well...

Cold Store Bergfrost Further Scales Up Capacity

https://vimeo.com/1219891866 Bergfrost, the largest cold storage facility in the Nordic Seas region, is about to complete a major expansion to increase its underground cold storage capacity to 35,000...

Eysturlund: Bakkafrost Pushes the Energy Envelope

Bakkafrost is looking to make the power source of the Faroe Islands’ largest energy consumer fully renewable—turning green a vital link in its own value chain while...

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