Aker BioMarine invest €112.6 million in new krill vessel

- Last updated on GMT

Aker BioMarine invest €112.6 million in new krill vessel

Related tags: Aker biomarine, Fisheries, Antarctica

Norwegian krill player Aker BioMarine has commissioned a new environmentally-friendly krill fishing vessel, at a cost of around €112.6 million (NOK 1 billion).

The 130-metre-long krill fishing vessel that will fish in the Antarctic will be constructed in Norway by VARD and will be equipped with state-of-the-art eco-friendly technology.

Matts Johansen, CEO at Aker BioMarine said since the company was established in 2006 it has focused on sustainable krill fishing.

“From day one, we have worked with WWF Norway,”​ he said. “The krill fishery in the Antarctica is one of the most sustainable fisheries in the world, and Aker BioMarine hopes to yet again set a new bar for sustainable harvesting with this new vessel. Norwegian skills and new technology will help us reduce our carbon footprint even further with this vessel.”

The contract for the production of the vessel has a financing clause, with Aker BioMarine seeking finance through the Norwegian Export Credit Guarantee Agency (GIEK).

“We have a good financing plan and look forward to beginning the application process with GIEK immediately,”​ said Johansen.

Construction is planned to begin in May this year ­– and the vessel is expected to complete at the end of 2018 and ready for operation in the Antarctic from the beginning of the 2019 season.

Related news

Show more

Related products

show more

 Cannabidiol: Should you invest in it?

Cannabidiol: Should you invest in it?

The Whitehouse Consultancy | 17-Oct-2018 | Technical / White Paper

An increasing number of CBD containing products are appearing on the market and consumer interest in this substance is rising.

Omegavie® DHA algae Capsules

Omegavie® DHA algae Capsules

POLARIS | 23-Aug-2018 | Application Note

Omegavie® DHA algae capsules is a real opportunity to consume high-performing Omega-3 DHA 100% vegan, natural, sustainable, GMO- and allergen-free. Designed...

Related suppliers

Follow us

Featured Events

View more

Products

View more

Webinars