Icelandic land-based aquaculture company First Water has reached a significant milestone, harvesting 1,000 tons of whole and gutted salmon so far this year.
This marks a substantial increase from the 365 tons harvested in 2023, reflecting the company’s accelerated growth and production efforts.
“We are very proud of this milestone, and it’s safe to say that it gives the staff an even more positive view of the goals we have set for ourselves,” said Eggert Þór Kristófersson, CEO of First Water. “We have achieved this and are just getting started. By the end of 2024, the plan is to slaughter 1,500 tons of salmon.”
The company’s current hatchery at Öxnalæk in Ölfus supplies all its salmon fry. However, to support further expansion, a new technologically advanced hatchery will be constructed in Þorlákshöfn to increase capacity.
“Everything we do is done with great care, and the new fry farm will be no exception. We have put together a team of experts to manage its development and operations. It will be exciting to see the results of that work,” Kristófersson added.
