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Arion Bank and LAXEY sign financing agreement.
Processing

Arion Bank to support Icelandic salmon farmer LAXEY

Rocio Álvarez Jiménez
1 min read
The financing agreement is intended to support its land-based salmon farm in Vestmannaeyjar.
Amelía Ósk Hjálmarsdóttir, First Water station manager, with a salmon.
Salmon

Icelandic land-based farmer reaches 1,000 tons of slaughtered salmon

Marta Negrete
2 min read
Having achieved this milestone, First Water - formerly Landeldi - expects 1,500 tons to be slaughtered by the end of 2024.
Kaldvík's fish farm, Iceland.
Finance

Loss for Icelandic salmon farmer Kaldvík in Q2 2024

Marta Negrete
3 min read
Formerly known as Ice Fish Farm, the company's EBIT was NOK -14.7 million due to low volume to distribute fixed harvest and wellboat cost.
LAXEY's salmon project has a production goal of 4,500 metric tonnes of salmon in 2025.
Aquaculture

Skretting partners with Icelandic salmon farmer LAXEY

Rocio Álvarez Jiménez
2 min read
In addition, LAXEY has completed a €40 million equity private placement and Nutreco is one of the investors.
Linda Gunnlaugsdóttir is Arnarlax's new CSO starting on January 9th, 2024
People

Icelandic salmon farmer Arnarlax announces new CSO

Marta Negrete
2 min read
Linda Gunnlaugsdóttir will start as Chief Sales Officer in Arnarlax on January 9th, 2024.
Iceland has declared a state of emergency and has evacuated the Grindavík population due to likely Fagradasfjall volcanic eruption. Pictured: Fagradsfjall volcano.
Aquaculture

Icelandic land-based salmon farmers unaffected by volcanic activity

Louisa Gairn
3 min read
Land-based salmon farming projects GeoSalmo, First Water, Thor Landeldi and Samherji are outside the volcanic danger zone.
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