Frøy in tie-up with Canadian company

The aquaculture services and support company Frøy has become the latest Norwegian company to forge closer business ties with Canada.

Frøy and NL Marine Services have entered into a strategic collaboration on the exchange of aquaculture specialists, vessels and equipment with the aim of increasing the development of the service boat industry in Canada.

Despite a federal government openly hostile to certain aspects of fish farming, Canada is being viewed as a promising growth area by some Nordic companies.

Grieg is expanding in Newfoundland and last week AKVA sealed a deal to supply Grieg Newfoundland with five new workboats.

The Frøy-NL Marine Services agreement was sealed during Seafood Expo Global in Barcelona last week.

NL Marine Services president Blaine Sullivan said: “The experience and technical expertise from Frøy will strengthen NL Marine Services.

“Our goal is to deliver industry-leading and competitive services within the aquaculture industry. Together with Frøy, we will build local competence and expertise, which will benefit the entire aquaculture industry.”

Frøy sales manager Andreas Krogstad said he was looking forward to sharing Frøy’s experience and expertise with the Canadian company.

He added: “This is a strategically important agreement that gives us access to an exciting market with strong growth.

“Over the years, NL Marine Services has built a strong position in the service boat industry in Canada. The Canadians share the same goals and values as us, and we look forward to further developing our partnership in the future.”

Frøy CEO Tonje Foss said growing in other overseas aquaculture regions was part of her company’s growth strategy.