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Bakkafrost Receives New 109-meter Fish Farming Vessel ‘Bakkafossur’

The headquarters of salmon farmer Bakkafrost at Glyvrar were the scene of a grand reception on January 7th as the brand new 109-meter hybrid well boat ‘Bakkafossur’ arrived at the company’s terminal.

Making the fish farming major’s fleet of workboats as many as a total 89, this was, in the words of Bakkafrost CEO Regin Jacobsen, “a significant moment for the business.” The impressive vessel is considered “one of the largest well boats in the global aquaculture industry.”

The reception at Glyvrar on Saturday with Bakkafrost board members and senior management saw a number of dignitaries including Prime Minister Aksel V. Johannesen and other government representatives plus scores of curious professionals and local residents gathered — all defying the pouring rain to welcome the ship and its crew members, who were arriving from from the Sefine Shipyard in Turkey.

The building of the highly technological vessel commenced in the summer of 2020 and was completed in December 2022.

Bakkafossur can reportedly carry up to 1,000 tonnes of live salmon and is regarded as “a huge upgrade to secure sustainable operations in the future.”

In addition to the five diesel-electric engines, the vessel is equipped with large batteries, ensuring an approximate 20-percent increase in energy efficiency. The strategic placement of the engines on the top deck secures the opportunity for a swift change to sustainable energy solutions when such are available on the market.

Equipped with reverse osmosis technology for de-salination of water with a production capacity of 6,000 tonnes of freshwater a day, Bakkafossur adds significant freshwater treatment capacity to Bakkafrost’s operations in the Faroe Islands, according to Bakkafrost.

“Treating salmon with freshwater is an efficient way to rinse the gills, restore gill health and ensure more robust and healthy growth,” we’re told.

In addition, Bakkafossur will be equipped with an FLS sea-lice removal system, increasing biosecurity in line with Bakkafrost’s sustainability strategy.

Bakkafossur is also prepared for offshore farming.

“We need to see an increase in the supply of sustainable protein,” Mr. Jacobsen said at the reception. “Aquaculture and salmon farming in particular is regarded as one of the best solutions for sustainable food production when considering sustainability in the broadest sense. The Faroe Islands offer many opportunities — thus it is of vital importance that the will, skills and regulations facilitate the utilization of these opportunities. With Bakkafossur, we take a huge step towards both offshore farming and more sustainable operations.”

The CEO added: “Our vision for the Faroe Islands is to increase our production output significantly to increase the general supply of sustainable ocean food, contributing to the sustainable transformation of the world’s food system.”

More photos from the event…

Varðin Pelagic Processing Plant Plans Major Expansion at Tvøroyri

Faroese fishing major Varðin’s pelagic processing facility at Tvøroyri, known as Varðin Pelagic, is set for a major expansion in the near future, according to news reports. The high-tech processing plant at Tvøroyri on the island Suðuroy opened for business in 2012 and is now planning to expand into protein production with a plant for fish meal and marine oil as well as a factory to produce surimi mass out of primarily blue whiting.

According to a statement by the company, its aim is to process as much as possible of the landings it receives of herring, mackerel, capelin and especially blue whiting, so that instead of part of the raw material the factory receives being shipped elsewhere for protein and fish oil production, the entire process can take place on one location.

Blue whiting in particular is a species used almost entirely for production of meal and oil, and a new processing plant at Tvøroyri can provide an opportunity to make better use of catch landings by Varðin’s own fleet of fishing vessels, while at the same time boosting employment in the region.

The company has for years explored the options for producing surimi mass from blue whiting.

According to news media, Varðin Pelagic has placed an application for permission from the Municipal Council of Tvøroyri to build a new fishmeal and fish oil production plant alongside a facility for producing surimi mass.

Atlantic Airways Sells Historic A319 in Fleet Upgrade

With the aim of adding a fourth Airbus A320 to its fleet in March 2023, Faroe Islands carrier Atlantic Airways has sold the first Airbus A319 airplane that it purchased back in 2012.

The replacement of the A319 is part of the airline’s ongoing efforts to become more competitive and more sustainable, the company said.

Nicknamed Elinborg by Atlantic Airways, the outgoing A319 plane, with the call name OY-RCG, is scheduled to leave Vagar for the last time on December 15th. The airline has looked into and considered options for selling the A319, the smallest airplane in its fleet, and in that respect a contract has been signed with American company CFM Materials, who offered the highest bid.

Arriving in March 2012, in what represented a milestone in Faroese aviation history, the then brand new Elinborg was the first Airbus plane in the Atlantic Airways fleet. Built at the Airbus factory in Hamburg and specially equipped for scheduled flights to and from Vagar Airport, this was Europe’s first aircraft equipped with the advanced RNP AR 0.1 navigation technology, which, as it turned out, significantly improved flight punctuality and regularity on aviation routes to the Faroe Islands.

“The Elinborg has completed 20,819 flight hours spread over a total 11,242 departures and arrivals,” Atlantic Airways noted in a news release. “For a limited period of time the aircraft was leased to a Canary Islands company that had to cancel its business activities due to the effects of Covid-related restrictions.”

For replacement, if everything goes according to plan, a long-term leased A320 airplane will join the Atlantic Airways fleet in March 2023. That will upgrade the fleet to four Airbus A320 aircraft and two AW 139 helicopters. Out of the four planes, two are Airbus A320neo, known as the most energy-saving of its kind. All of the fixed-wing aircraft are equipped with RNP AR 0.1 navigation technology.

“We are grateful for the opportunity we had to use A319 airplanes, which have served us exceptionally well,” Atlantic Airways CEO Jóhanna á Bergi stated.

“With increasing numbers of air passengers, however, the time has come for us to finally say goodbye to the A319 period. With four larger A320s, all of equal size, we will be able to boost competitivity and operate our flights more effectively. Also the A320s are more sustainable compared to A319 when considering CO2 emissions per seat and per flight.”

On Thursday December 15th, the Elinborg A319 will leave the Faroes for the last time as it heads from Vagar on a direct flight to the United States. The new Airbus A320 airplane to join the fleet come spring, will be given the call sign OY-RCM and will acquire the nickname Elinborg.

Underwater Lighting Becomes an International Hit for JT Electric as It Celebrates 50th Anniversary

Celebrating the 50-year anniversary of its founding these days, Fuglafjørður-based electrical engineering firm JT Electric is experiencing rapid international growth.

Over the last four years, the company has seen its sales multiply in key export markets and branches established abroad, most notably in Scotland, where the company acquired Sterner Aquatech, of Inverness, about two years ago. 

A subsidiary was likewise established in Poland as well as a sales office in Denmark, according to CEO Suni Justinussen.

One main focus of the business has been, and remains, the aquaculture industry, whose demand for underwater electrical applications has been rising in recent years. On the back of that demand, JT Electric has developed several of its own products and services, including a standard solution for underwater lighting that is being used in the aquaculture business around the world.

“Demand for our products such as OceanLight has by far exceeded our expectations,” Mr. Justinussen noted.

“The OceanLight has become such a success likely in part because of its ability to withstand very harsh weather conditions, and because of the fact that it requires only little maintenance.”

“Under normal circumstances, the fish reaches maturation during early autumn,” we’re told. “The early development causes the fish to lose their value, and the mortality rates begin to rise. The purpose of our OceanLight is to control the fishes’ perception of the seasons, thereby postponing maturation, enhancing growth, and reducing mortality. The lights enable the fish farmer to keep the fish in the cage for an extra farming season before slaughter, without risking the fish losing its value or expiring due to the danger of the premature ageing process.”

On November 24th, JT Electric’s head office at Kambsdalur near Fuglafjørður will be hosting an open house event to celebrate the 50th anniversary since the company’s founding by Jóhannes Thomsen back in 1972.

New Generation of Faroese Freezer Trawlers Introduced with ‘Akraberg’

With three newbuilds joining the Faroese fleet of freezer trawlers this year, the first—Framherji’s Akraberg—arrived in its home port of Fuglafjørður in early July. Since then the Akraberg has not merely left for its first fishing trip in the Barents Sea but is reportedly already on her way back to Fuglafjørður loaded with 850 tonnes of headed and gutted frozen cod.

With Akraberg delivered by Norwegian shipbuilder Vard, “Framherji opted to follow the lead set by Norwegian fishing company Havfisk and Russian operator Luntos in going for Vard’s offering, which incorporated leading integrated technologies,” Hook & Net wrote.

The new vessel is a Vard 8 03 design, based on the Vard 8 02 which has already performed successfully for Norwegian fishing operators.

The Akraberg is soon to be followed by two other new freezer trawlers for the Faroese — the Gadus for Klaksvík’s JFK and the Emerald for Tórshavn-based Havborg.

Whereas Framherji chose Vard for its new trawler, JFK and Havborg both opted for Skipsteknisk designs.

“One of the most advanced factory vessels afloat, the new 84-meter, 16.70m breadth Akraberg incorporates a wealth of technology with its advanced catch handling systems for both whitefish and shrimp,” Hook & Net further noted. “This includes live fish tanks to keep fish in peak condition before processing in the 100 tonne/day capacity factory deck, which was outfitted by Ålesund company Steel-X, incorporating a bank of twelve Teknotherm vertical freezers.”

The Akraberg has a 1,930 cubic meter refrigerated hold, an 830 cu.m cargo space that can be used for either frozen or chilled catches, and 550 cu.m ensilage tanks for landing biomass for further processing onshore.

Vónin Expands Further in Fishing Gear, Fish Farming Systems

With a steady pace of product development in trawl nets and trawl doors, gear maker Vónin is likewise expanding its already sizeable footprint in aquaculture equipment, reportedly with a new unit to be opened in Scotland.

While we weren’t able to have the Scotland story confirmed as of this writing, we’ve received information earlier from a Vónin employee that sales of aquaculture equipment has been growing rapidly there in the last couple of years or so. 

Among recently developed pieces of fishing gear that is being well received among skippers is the Twister, a new generation of trawl doors.

“In engineering the new Twister pelagic doors, Vónin started from the same principles known from the highly successful Tornado design, and have in addition to that incorporated shutters that allow the lift force from the flow to be altered on the lower and upper part of the trawl door,” we’re told. “The new Twisters have already proven that they surpass previous designs in terms of spreading force, and are prepared for an active control system that will make these the first-ever smart doors.

Capto, another innovation from Vónin, first introduced back in 2013, has set a new industry standard for pelagic trawls, marketing manager Bogi Nón noted. “Today all our clients prefer to get the fore nets in their pelagic trawls built with Capto. It’s a high quality piece of netting, very strong and robust with great abrasion properties and good stiffness. Also it’s wear resistant so reduces maintenance, plus fast to shoot and haul, easy to tow, easy to handle on deck. It’s been a great success for obvious reasons.”

Last year Vónin acquired Danish engineering and design company Volu Ventis, a firm with a long background in the energy and green tech sectors, specializing in aerodynamics and hydrodynamics. Volu Ventis is being fully integrated into Vónin’s research and development structure, according to Vónin CEO Hjalmar Petersen. “We have been working with Volu Ventis for some years and we have an excellent working relationship,” he stated. 

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Societal Game Changer: the Subsea Tunnels

On February 3rd, some five months ahead of schedule, a final blast of rock provided the breakthrough for the undersea Sandoy Tunnel (Sandoyartunnilin) interlinking the islands of Streymoy and Sandoy. Construction work on the Faroe Islands’ fourth giant undersea tunnel had commenced in the summer of 2019 and the 10.7 kilometer stretch of undersea road is expected to be opened for public traffic by December 2023. It follows on the heels of the Vagar Tunnel (Vágatunnilin) opened in 2002, the Northern Tunnel (Norðoyatunnilin) opened in 2006 and the Eysturoy Tunnel (Eysturoyar­tunnilin) opened in 2020.

Now with finishing work including road pavement, installations of lights and all such projected to take 18 months, the Sandoy Tunnel could in theory be inaugurated almost half a year ahead of schedule, which would mean next summer rather than by the end of next year. But turning that theoretical possibility into committed plan is not officially in the cards at this point, according to Teitur Samuelsen, CEO of Eystur- og Sandoyartunlar, the government-owned tunnel operator. “Overall the construction went pretty smoothly,” Mr. Samuelsen noted. 

“We experienced some issues of water leakage but it was successfully dealt with. So we’re cautiously optimistic about the time frame of the project as we haven’t encountered any serious problems up until now. That said, we want to stay vigilant as even finishing work, like anything else in principle, could potentially run into unexpected issues along the way, not least considering the current situation in supply chains generally speaking.” 

‘More together’

Undersea tunnels have become a huge factor in the Faroe Islands, indeed changing the geographical and socioeconomic face of the island nation. With an estimate 90 percent of the Faroese population today able to visit each other by car—in contrast to less than half of that before the arrival of the underwater wonders—the actual transformation of the country becomes evident. 

The opening of the Vagar Tunnel two decades ago, as it turned out, ushered in a new era of increased travel and mobility, especially between the Faroe Islands and abroad but likewise in the integration of the island Vagar with the so-called Main Area around the capital Tórshavn. 

With the Northern Tunnel added a few years later, that process of integration was taken to a new level, dramatically widening the Main Area by including Klaksvík and its surrounding villages. 

Then with the more recent, quite spectacular opening of the Eysturoy Tunnel, connectivity of the area around Tórshavn with neighboring Eysturoy, and by extension the Klaksvík region, received another tremendous boost. Making headlines overseas, the Eysturoy Tunnel—which interlinks Tórshavn with two separate entry/exit points on Eysturoy, Saltnes and Strendur, respectively—has a roundabout extraordinaire, reportedly making it the world’s first underwater tunnel fitted with a roundabout. 

Refreshingly, the roundabout under the sea features a remarkable work of sculpture and light art.

“The idea of adding a piece of art came up after the story of the roundabout became widely known,” Mr. Samuelsen recalled. “We were taken by surprise over the international attention the project was getting so we quickly decided to explore the possibility of adding something more that could put an icing on the cake as it were, and what better than art?”

The world-famous roundabout of the Eysturoy Tunnel, about 187 meters under the sea (Maria Olsen Photo).

The renowned artist Tróndur Patursson accepted the challenge to create an art piece for the roundabout. The rest is history—the whole thing went viral.

“I spoke to Patursson about it,” Mr. Samuelsen was quoted as explaining according to CGTN Europe. “The art symbolizes among other things the people walking from the darkness toward the light. Which means that every person shall use their skills here in life for something. It also symbolizes the Faroese chain dance, where people hold hands, and when the Faroese hold hands—working together—we are able to do more together than individually.”

Combined, the subsea links have made, and continue to make, the Faroe Islands a remarkably well interconnected country, and that process is far from over, quite the contrary. Arguably, at the same time, those engineering marvels may well in themselves have served to inspire and further galvanize the sense of achievement and empowerment that the islanders already have been blessed with from earlier.

Now with Sandoy, too, soon to become an integral part of the Main Area, the vision of the ultimate goal of a still greater undertaking is doubtlessly destined to come to the fore in earnest: a mammoth undersea road tunnel from Sandoy to the relatively distant and southernmost island Suðuroy.

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Strong Faroese Seafood Industry Facing a Rough Ride

“There are a lot of uncertainties at the moment, in particular when it comes to oil prices and market access.” — Dr. Magni Laksáfoss.

The Faroese have always depended heavily on the availability of fish as a food resource. Indeed, ever since the island nation’s slow entry into the modern age in the 19th and 20th centuries, fish has been the mainstay of exports; and overall, the export trade is something that the Faroese economy remains highly focused on. 

By far the largest share of that trade consists of seafood, to a large degree exported as raw fish but also in significant amounts as semi-processed and to a lesser extent as value added products.

The Faroese seafood trade is basically structured around the twin pillars of wild caught and farmed fish, with further subcategories applicable to the highly diverse wild fish industry. 

In spite of the obvious similarities and indeed commonalities between fisheries and aquaculture across much of their value chains, there are significant differences, too, not merely in the basic method of sourcing and their implications but also in historical and cultural characteristics. 

In a way, you’re looking at two parallel worlds that overlap or interjoin at certain points.

For some, the seafood business may have the appearance of an old-fashioned world of its own steeped in local tradition and heritage and so on. While there’s some truth to that in some places around the world, discounting advertising imagery, it’s generally not the case in the context of a modernized fish industry such as that of the Faroe Islands. 

But here’s the point: the fact remains that the business environment in which this trade operates is known as a rapidly changing one, and the Faroes is no exception to the rule.

Following the EU

Clearly, uncertainties make up a major and complex factor in the seafood industry, whether fisheries or aquaculture, whether in relation to internal business processes ranging from sourcing to sales, in the natural environment including weather and climate, in the legislative and regulatory environment, or in the marketplace, all of which is constantly influenced by variations and fluctuations from the mundane and readily foreseeable to the more dramatic such as force majeure events.

A few years ago the specter of meddling via politics loomed large in connection with a long-awaited fisheries reform in the Faroe Islands. Social issues became conflated and confused with fisheries policy issues and societal divisions tended to arise. However, with most concerns addressed after some back and forth, political risks were relegated to the rear, before global health issues instead made their way to the fore—that is, until the emergence of the current, extremely volatile situation in international relations, with war in Eastern Europe, sanctions on all sides and rapidly rising commodity prices.

Container traffic in Tórshavn’s East Harbour and Fort Wharf (Maria Olsen).

The elephant in the room: Russia, up until now a major trading partner, is being subjected to economic sanctions and trade barriers and the political leadership of the Faroe Islands has expressed its willingness to follow in the footsteps of the European Union, however with some exceptions to apply to trade bans, notably food i.e. fish. 

But even if Faroese fish can still be exported to buyers in Russia from that perspective, new systemic barriers in international shipping as well as in money transactions could make it cumbersome.

Thriving aquaculture

“Over the last decade or so, the Russian Federation became by far the most important market for wild caught pelagic fish from the Faroe Islands, and even a very significant market for Faroese farmed salmon,” said Dr. Unn Laksá, CEO of Blue Resource (Sjó­kovin), a not-for-profit research organization affiliated with the Faroese seafood industry.

“In 2021 the Faroe Islands exported almost 147,000 tonnes of fish to Russia at a value of more than 2 billion DKK [278.4 million EUR]; that’s a large share of the country’s total exports of 524,000 tonnes at a value of slightly over 10 billion DKK [1.34 billion EUR]. So we’re roughly talking about one-fifth of the total value of our exports.”

Both wild caught and farmed fish could be in the risk zone in terms of market access to Russia; however, that risk appears to be lower for farmed salmon compared to the situation facing exports of pelagic fish like mackerel and herring.

“Now that our access to that market is uncertain due to the war in Ukraine, we’re faced with possibly having to find new markets to offset that trade,” Dr. Laksá noted; “but fortunately, at least when it comes to farmed salmon, demand appears to be growing globally and the price is looking favorable from a Faroese point of view. However, nobody knows what the situation will look like in six, twelve, eighteen months from now.”

So the prospects for the long-booming aquaculture business continue to look fairly bright at the moment despite some darker clouds gathering on the European economic horizon more generally. 

The energy factor

As for the pelagic fish industry, a huge success story in last 15 years or so, the picture looks a bit more complicated. There’s the issue of possibly having to establish footholds in new markets—easier said than done—and there’s the risk of rocketing oil prices, arguably already sufficiently high to hurt profit margins. On the upside, this industry, almost like the salmon farmers, has the financial muscle to withstand a potential downturn and adjust accordingly, even over a relatively long time if necessary. 

But then again, with reduced catch quotas for mackerel, herring and blue whiting in the cards, as per scientific recommendation, the quantities fished will most likely be reduced in the near term.

“There are a lot of uncertainties at the moment, in particular when it comes to oil prices and market access,” said Dr. Magni Laksáfoss, an economist with Blue Resource.

One would assume that for large fishing vessels depending of powerful engines to tow heavy fishing gear, the price of fuel would be a critical cofactor in determining economic viability, and that newer vessels fitted with the latest technologies are generally more energy-efficient compared to older ones—implying that the pelagic fleet for that reason would be in better shape compared with many trawlers in the whitefish and saithe business that operate within the Faroese exclusive economic zone. 

Be that as it may, however, pelagic fisheries in general, whether old or new vessels, are much more cost effective per kilogram fished due to the nature of the fisheries—these species are found in much larger quantities compared to whitefish and other commercial fish. That means those non-pelagic fishing fleets, in particular trawlers but even longliners for that matter, are more vulnerable to rising fuel costs, since their fishery is less profitable.

“As for the fishing industry more generally, we can hopefully expect the pelagic sector to stay in a relatively strong albeit moderately weakened position, much depending on how the issue of market access is going to play out. In that connection we could potentially be facing a possible disruption of the price structure in the case of herring. On the other hand, the market for mackerel is more versatile. So these markets differ geographically in that herring is more narrowly focused on a very few countries, exposing that market more easily to the risk of oversupply. The big spoiler, meanwhile, could be the price of oil if it continues to rise significantly as many of these vessels consume a lot of fuel.”

Less for some

The freezer trawler segment, a traditional stronghold of the Faroese whitefish business, is a group of distant-water fishing vessels equipped with freezer holds and often filleting plants. 

Most of the freezer trawlers have had a decent and stable business, exporting semi-processed cod and haddock to the UK and other markets, fishing mostly in Norwegian and Russian waters in the Barents Sea. Some of the freezer trawlers fish northern shrimp. However fears are growing that Faroese access to those Russian waters could be hanging in the balance if the trade wars continue to escalate. 

“Again, this is another example of the large amount of added uncertainty we’re dealing with at the moment,” Dr. Laksáfoss pointed out. “Losing access to those fishing grounds would be a serious blow to the Barents Sea fleet, which is undergoing renewal as we speak.”

Speaking of fleet renewals, also the pelagic fleet has recently received a magnificent new trawler—Christian í Grótinum—with two others under construction.

Then there is a group of recently renewed longliners that have been fitted with freezer holds in the last few years, and these vessels have done relatively well, fishing mostly cod and haddock within the Faroese EEZ but also having access to waters off Iceland and, more distantly, off Newfoundland and Greenland.

In other sub-sectors of the Faroese fishing industry, meanwhile, things have long looked less rosy. 

With less money to earn for officers and crew members, some vessel owners have been struggling to man their boats. In short, these are longliners, trawlers and gillnetters that fish within the Faroese EEZ and are not fitted with freezer holds, targeting mostly whitefish and saithe. The reason for their hardships are often discussed in the public space, with some maintaining there are too many vessels hunting too few fish in the home waters, whereas others argue that the fisheries management regime is to blame with too many good fishing grounds unnecessarily closed to commercial fishing plus other restrictions, combining to make the necessary fleet renewals very difficult, perpetuating a vicious cycle. 

Whether the answer lies in more cutbacks on fishing rights or in removing excessive technical regulations is an ongoing debate, and a hot topic for another day.

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Manufacturing Fishing Ropes for World’s Longlining Fleets

Runavík’s multifaceted gift and specialty shop Berglon, which is also a manufacturer and supplier of fishing rope for longliners, has increased its international sales and production over the past few years, according to managing owner Rúni Berg. 

Fully owned by Berglon, the manufacturing and international sales division of the company is based in China, Mr. Berg noted, adding that the business model is proving both efficient and cost-effective.

“Back in the day we started manufacturing workwear in China together with Norwegian partners using a joint brand and that venture turned out a success for a number of years,” he said. 

“Eventually we left the program as its market focus tended to shift more exclusively toward the offshore energy sector, which is really not our home ground.”

‘Something we like’

As it turned out, meanwhile, the experience of manufacturing in China was transferable and could successfully be applied to other products. 

“We used to produce longline fishing ropes in the Faroe Islands for many years, using manual labor,” Mr. Berg said. “Over time, however, demand kept growing and so to fulfill that demand we realized that we would need a slightly different approach. In reality we were faced with the choice of either phasing out this part of the business or shifting the manufacturing base to a different location, such as China, which we then opted for. As a result, we’ve now been able to ramp up production and we’ve experienced growing sales to practically all regions and countries with longlining fisheries—the Faroe Islands, Norway, Iceland, Canada, Alaska and the northern areas of the Far East.”

As well as fishing rope, Berglon manufactures other fishing gear components including hook snoods and eel lures, as well as selling a wide array of related products and accessories such as mooring rope, buoys, fenders and more, for both commercial and sports fishing. 

Mr. Berg added: “Providing gear for hook-and-line fishing is something that we’ve always been involved with, first locally and domestically and now, to a growing extent, internationally as well; it happens to be something we like very much to work with.” 

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10th Iteration of Atlantic Fair Gathers Record-breaking 193 Exhibitors — Video

The 10th edition of the biannual trade show Atlantic Fair, which took place in Klaksvík on May 17th through 19th, saw a record 193 exhibitors gathered from 17 countries. The exhibition is primarily focused on equipment and services for the seafood and maritime industries.

According to Atlantic Fair managing owner Áki í Skemmuni a contract has been signed with the municipal council of Klaksvík to rent the same venue again for the next iteration of the trade show, scheduled for May 2024.

The trade show this year had originally been planned for 2021 but had to be postponed owning to Covid-related restriction last year which basically had all such events suspended.