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Cermaq the big spender as latest Norway salmon farming license auction raises $500m

The Norwegian government successfully sold 17,330t of maximum allowable biomass in farming areas rated 'green' by the traffic light system, raising NOK 5.29bn

By Neil Ramsden | June 27, 2024 08:18 BST
Stocking of kelp in the combined Cermaq Group and Folla Alger sea site in Steigen, Norway. Credit Cermaq
Stocking of kelp in the combined Cermaq Group and Folla Alger sea site in Steigen, Norway. Credit Cermaq
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Some of the big listed salmon farming players snapped up new maximum allowable biomass (MAB) as Norway's latest license auction raised a total of NOK 5.29 billion ($500 million). [...]

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