“It is fair to say the banks still think it is...

Banks need to see results before lending money. "Today we have bank financing for the fish farms in both Fredrikstad, Norway, and Hanstholm, Denmark. We see that if you have a facility that is up and running, the banks are there", says CEO Bernt-Olav Rottingsnes in Nordic Aquafarms to Finansavisen. Nordic Aquafarms currently has land-based production of salmon in Fredrikstad and yellowtail kingfish in Denmark, but has big ambitions for growth in the US market. The long-term ambitions are 50,000 tonnes...