Biofish lands second major smolt deal
BioFish says it has entered into an agreement with a recognised industry player for the delivery of approximately 170,000 –180,000 post-smolt of 250-300 grams.
The contract has been secured under market terms, with delivery scheduled for the second half of next month.
Biofish CEO Sondre Hagerup Johnsrud (pictured) said: “This agreement is another recognition of our solid track record of consistently delivering robust, high-quality smolt and post-smolt to satisfied customers.
“The agreement is with a new customer to BioFish and includes an intention between the parties to develop a long-term collaboration.”
This is Biofish’s second major deal in just over a month. Back in June the company secured an agreement, also with a recognised industry player for the delivery of between 170,000 and 180,000 post smolt of 500 grams.
It added the contract has been secured under market terms, with delivery scheduled also for August 2024.
The company has a post-smolt RAS production facility in Ljones close to the Hardangerfjord on the west coast of Norway. Almost 40% of Norwegian fish farming sites are located within one day of transport.
Biofish, which was established in 2016, said in its annual report a few weeks ago that last year had seen the delivery of 450 tonnes of smolt and post-smolt with a strong biological performance. It also reported revenues of NOK 48 million, more than double that of 2022.
