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PRODUCTION STARTS AT VOPNAFJÖRDUR
COMPANY UPDATE
January 14, 2015 14:15

Production of frozen capelin got under way at HB Grandi’s Vopnafjördur factory yesterday with a payload 455 tonnes of capelin landed by Faxi RE. According to factory manager Magnús Róbertsson, roughly half of the fish is expected to be suitable for freezing for markets in Eastern Europe. There is minimal feed in the fish and it is suitable for human consumption...

DEVELOPMENTS AT NORDURGARDUR
COMPANY UPDATE
November 25, 2014 09:19

HB Grandi recently signed a contract with Íslenskir Adalverktakar (IAV). The contract is for a new 1,440 square metre extension for the fish processing plant and a 260 square metre facility for waste handling and storage for fishing gear...

HB GRANDI HF.: THE SALE OF SHARES IN STOFNFISKUR HF.
COMPANY UPDATE
November 24, 2014 09:30

In an announcement from HB Grandi hf. on October 23rd 2014, HB Grandi hf. disclosed that the Company had decided to enter into negotiations with a certain investor regarding the potential sale of the Company’s shares in Stofnfiskur hf...

Marine Harvest reports strong earnings despite closure of Russian market

In connection with the presentation of the Q2 2014 results, Marine Harvest guided a total harvest volume of 106 thousand tonnes (HOG) for Q3 2014 while the actual harvest has amounted to 107    thousand tonnes, according to MHG. This result has been achieved despite the temporary closure of Russian fish market for Norway in the war of mutual sanctions...

NAMES CHOSEN FOR NEW VESSELS
COMPANY UPDATE
September 25, 2014 15:52

HB Grandi has contracted to have five new vessels built in Turkey, as has already been reported. These are two pelagic vessels and three fresher trawlers. The names and registrations of these new vessels being delivered between 2015 and 2017 have now been decided...

NEW APPOINTMENTS AT HB GRANDI
COMPANY UPDATE
September 17, 2014 09:49

There are two new additions to the staff at HB Grandi as Erlendur Stefánsson and Karl Már Einarsson have joined the company. Erlendur rakes over as the company’s quality manager and Karl Már as fleet manager of freezer vessels...

HB GRANDI AWARDED BY REYKJAVÍK CITY
INDUSTRY NEWS,COMPANY UPDATE
August 27, 2014 17:19

Last monday the city of Reykjavík presented the Most successful renovation project award for 2014 at a ceremony at Höfdi House. Mayor Dagur B Eggertsson presented prizes for the best kept grounds around blocks and company premises, for outstanding outdoor facilities and for renovation of older buildings in the city. HB Grandi was among the recipients for the award this year for its work in refurbishing the old herring factory at Grandagardur 20, and the prize was accepted by CEO Vilhjálmur Vilhjálmsson...

VOPNAFJÖRDUR BUZZING WITH ACTIVITY
COMPANY UPDATE
August 1, 2014 09:39

Approximately 1200 tonnes of frozen products were shipped out from Vopnafjördur earlier this week and another shipment is due to leave this weekend, according to factory manager Magnús Róbertsson at HB Grandi’s pelagic factory in Vopnafjördur...

Cermaq ASA : Continued high costs in Chile, but encouraging underlying biological development

EBIT pre fair value and non-recurring items was NOK 123 million in second quarter 2014 versus a comparable pro forma EBIT of NOK 137 million in second quarter 2013. Strong prices helped create satisfactory results in Norway and Canada, while earnings in the Chilean operation were hampered by high costs...

VÍKINGUR AK SOLD TO DENMARK
COMPANY UPDATE
July 3, 2014 09:06

HB Grandi has sold Víkingur AK to Denmark for DKR 2.1 million or €280.000...

14 BILLION ISK INVESTMENT IN FIVE NEW VESSELS
COMPANY UPDATE
July 1, 2014 09:20

HB Grandi currently has two new pelagic vessels under construction at the Celiktrans Denis Insaat yard at Tuzla in Turkey, and the announcement was made last week that the company had started negotiations with the same yard for construction of three new fresher trawlers. This brings the investment in the company’s fleet to approximately ISK 14 billion, of which roughly a half is accounted for by the two pelagic vessels...

HB GRANDI – DECISION MADE TO ENTER NEGOTIATIONS ON THE CONSTRUCTION OF WETFISH TRAWLERS
COMPANY UPDATE
June 26, 2014 12:01

The Board of Directors of HB Grandi hf. has decided to enter negotiations with Turkish ship building company Celiktrans Deniz Ltd. on the construction of three wetfish trawlers based on an offer from the ship builder...

STRONG PARENT COMPANY A HUGE ADVANTAGE
COMPANY UPDATE
June 20, 2014 15:42

Recently HB Grandi completed the acquisition of the company Nordanfiskur. Previously, HB Grandi had held a 23.80% stake...

NEW PELAGIC VESSEL TAKES SHAPE
COMPANY UPDATE
May 5, 2014 09:22

Construction of HB Grandi’s new pelagic vessel at the Celiktrans yard in Turkey is progressing well. As we have reported before, the company contracted the Turkish yard, located near Istanbul, to build two new pelagic vessels and construction is scheduled to start shortly on blocks for the second vessel...

Marine Harvest salmon even healthier

Marine Harvest has entered into an agreement with FF Skagen to clean all relevant fish oil used for Marine Harvest salmon farming, according to MH. Cleaning of fish oils removes environmental pollutants, and should make intake limitations for salmon redundant. This sort of cleaning is not currently being carried in production of salmon feed and will be a differentiator for Marine Harvest...

British Columbia Company Loses 10 Million Scallops; Lays off Staff. OA to Blame?

Located near Nanaimo, Vancouver Island, British Columbia, Island Scallops is Canada's largest private marine research hatchery and first fully integrated shellfish producer. The company has pioneered scallop culture in BC since 1989 and has developed a premium hybrid "Pacific Scallop" for farming in local waters. But it is now facing a growing threat to its very existence, and OA may be at the heart of the problem...

Marine Harvest ushered new era for the salmon farming industry
COMPANY UPDATE
January 28, 2014 14:06

Marine Harvest rang the opening bell at the New York Stock Exchange today, marking the beginning of a new era for the salmon farming industry, according to MHG...

Acquisition of YesMaritime AS to strengthen position of AKVA group in aquaculture industry service segment
COMPANY UPDATE
January 22, 2014 11:16

AKVA group ASA has today entered into an agreement with Egersund Group AS, to acquire 100 percent of the shares in the aquaculture farming services company YesMaritime AS for a price of NOK 17.5 million, according to  AKVA group ASA...

HAVFISK ASA to appeal huge fines imposed by Reykjavik District Court
COMPANY UPDATE
January 9, 2014 10:22

In a recent statement HAVFISK ASA has said that it will appeal what it sees as an incorrect judgement of Reykjavik District Court under the lawsuit brought by the administration committee in Glitnir bank, according to HAVFISK ASA...

HB Grandi looks to expand production of dried heads and backbones
COMPANY UPDATE
December 20, 2013 10:14

A month ago HB Grandi’s shareholders’ meeting passed a motion to merge with Akranes company Laugafiskur ehf . The merger is backdated to the 1st of July when HB Grandi assumed responsibility for Laugafiskur’s financial commitments. Laugafiskur’s owners become shareholders in HB Grandi, according to same...

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