13 companies paid out € 243 million at salmon license auction

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160 municipalities that have salmon farming activities within their boundaries can now share EUR 243 million following new growth in the salmon industry.

18 June, the Ministry of Trade, Industry and Fisheries and the Directorate of Fisheries kicked off an auction for new salmon production licenses. The auction was announced after the government introduced the new ‘traffic light system’, designed to ensure responsible and predictable growth in the marine farming industry.

“The auction is still ongoing, but has already created record-breaking revenues for the country’s marine farming municipalities and county municipalities. Of what has so far been sold through the auction, more than EUR 243 million will be distributed to the municipal sector through the aquaculture fund. In addition, EUR 79,2 million is derived from growth attained by the sale of licenses at a fixed price last winter. This is an exceptionally well-deserved reward for the many municipalities that have for so long toiled at this incredibly important task of laying the groundwork for this industry of the future, “said the Minister of Fisheries Per Sandberg.

13 companies
The money from the salmon license auction is allocated to the Aquaculture Fund. The fund was created for municipalities to receive greater recompense for the job they do in smoothing the way for the aquaculture industry. Municipalities with salmon production will receive 80 per cent of the revenues achieved from sales of production licenses, distributed through the aquaculture fund.

13 companies have bid successfully for new production licenses to the total sum of EUR 243 million.

“Companies that have so far succeeded in the auction are diverse; everything from large international groups, to small, localised producers. The preliminary outcome reflects the current structure of the industry, and in fact, the small players have, relatively speaking, ramped up their share of production capacity. The auction is in many ways an accurate thumbnail of the marine farming industry: A sound business and district policy in one,” Sandberg said.

77 percent auctioned off so far
So far 11,879 tonnes of new production capacity has been sold through the auction, which accounts for around 77 percent of the total license capacity for sale.

3,480 tonnes of capacity remained after the auction had run for two days, which is up for auction today 20 June.

The table below shows the companies that have so far been successful in bidding for license capacity, and the price that was paid.

Area of production Bidder Volume tonnage Price per tonn in euros
1: Swedish border to Jæren EIDE FJORDBRUK AS 100 13,941
MARINE HARVEST NORWAY AS 493 13,941
7: Nord-Trøndelag with Bindal EMILSEN FISK AS 400 23,868
NORSK HAVBRUKSSENTER OPPDRETT AS 265 23,868
8: Helgeland to Bodø LOVUNDLAKS AS 1,850 26,623
9: Vestfjorden and Vesterålen BALLANGEN SJØFARM AS 200 24,510
CERMAQ NORWAY AS 2,000 24,510
EIDSFJORD SJØFARM AS 200 24,510
LOFOTEN SJØPRODUKTER AS 53 24,510
10: Andøya to Senja EIDSFJORD SJØFARM AS 517 17,326
MARINE HARVEST NORWAY AS 806 17,326
SALMAR FARMING AS 333 17,326
STINGRAY MARINE SOLUTIONS AS 25 17,326
11: Kvaløya to Loppa EIDSFJORD SJØFARM AS 357 17,216
MARINE HARVEST NORWAY AS 566 17,216
NRS FINNMARK AS 300 17,216
SALMAR FARMING AS 333 17,216
12: West Finnmark CERMAQ NORWAY AS 1,200 17,533
MARINE HARVEST NORWAY AS 832 17,533
NRS FINNMARK AS 400 17,533
SALMAR FARMING AS 333 17,533
13: East Finnmark SALMAR FARMING AS 316 16,690