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The new company, Drift EA, will offer facilities and support to entrepreneurs and businesses in the Eyjafjördur area to develop their ideas locally and internationally.

Maritech and Samherji have an agreement to install a Maritech Eye™ at their processing plant in Akureyri.

Snæfell, a subsidiary of Samherji, has announced that it will close its coldwater shrimp processing operations next month at its Holmadrang facility in Holmavik, Iceland.

The Icelandic company intends to build one of the world's largest salmon farms alongside Reykjanes Geothermal Power Plant.

Kaldbakur is the investment vehicle of the owners of the Icelandic seafood company Samherji.