Samherji expands land-based fish farming site

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Icelandic fishing company constructs a bigger fish farm.

The first holes to the greater farm in Grindavík, south coast of Iceland, have been made by Samherji Fishfarming, who is currently the world’s leading producer of Arctic charr, with about 3,800 tonnes per year, which is almost half of all farmed Arctic charr produced worldwide. The company mainly fishes, but has on the side also created a small business for fish farming and harvesting, now they wish to increase this part.

Hjalti Bogason, CEO Samherji Photo: Samherji

“This will significantly increase the capacity of the farm. We are pumping massive amounts of water. When construction is complete, the station will be able to pump two and a half cubic meters of seawater per second,” says Hjalti Bogason, director of Samherji Fishfarming’s operations in the Southern Peninsula Region.

According to Hjalti Bogason, fish farming in the Southern Peninsula Region will be able to produce almost 4,000 tonnes of Arctic charr when this part of the project is completed.

The company estimates the extension of the farm will be finished in June 2020.

Recently, it was reported that the export value of fish farm products in Iceland was EUR 158 million last year, which is a 90% increase from the previous year.