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Sustainability

Faroese fishing firm’s newbuild plans on hold as reform uncertainty lingers

Faroe Origin – owned by Vardin, Framherji and Samherji – has two vessels for sale and is ready to invest in a new one, but the industry hangs on the edge of significant changes

By Neil Ramsden | Oct. 12, 2018 09:38 BST
Faroe Islands. Credit: Ævar Gudmundsson on Flickr
Faroe Islands. Credit: Ævar Gudmundsson on Flickr
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LONDON, UK -- Faroese fishing firm Faroe Origin is ready to invest in a new trawler, but uncertainty around the country's fishing reforms has it holding on, it told Undercurrent News [...]

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