It pays to go green in the salmon sector
Norway Royal Salmon (NRS) has secured favourable terms on a 400 kroner (£33.3 million) loan to help fund its ambitious Arctic Offshore Farming Project, on the basis of its green credentials.
The green loan will help to finance the construction of the innovative Arctic Offshore Farming system
The funding from Danske Bank, has been classified as a green loan and NRS comments that: “It is gratifying to see that our commitment to sustainable production is valued by the bank and provides more favourable loan terms.”
The company is currently working on getting all its sites certified to the Aquaculture Stewardship Council (ASC) standard by 2022, having already certified 60 percent of its northern sites.
NRS was granted eight development permits in 2018 for its Arctic Offshore Farming Project, which is based on an offshore system designed for areas with harsh weather condition where traditional nets pens cannot be used.
The design can also be submerged below the assumed "lice belt" in the sea to reduce the number of sea lice on the fish.
The new funding will also help to finance the construction of a new smolt facility for the company, which has permits to produce over 50,000 tonnes of salmon a year between its sites in Norway and Iceland.
Có thể bạn quan tâm
Aquaculture beyond the atmosphere Cyrille Przybyla, the scientist leading the Lunar Hatch programme, tells The Fish Site how he plans to help astronauts breed fish in space from 2021.
Tra fish firms struggle to gain local market share Vietnamese tra fish have been exported to over 150 countries and territories, but its consumption in the local market has yet to rise
Aquaculture leaders issue warning to Brazilian soy sector A number of major aquaculture companies have issued a warning to the Brazilian soy sector, following new data which show that the rate of deforestation
Tốc độ quay 95 vòng/phút
Nhựa HDPE, PA6 (Nylon)