SalMar Subsidiary Receives Approval for Conversion of Developmental Licenses for Ocean Farm Project
Ocean Farming AS, a subsidiary of SalMar, has had their eight developmental licenses converted into ordinary fish production licenses. The company received the approval from the Norwegian Directorate of Fisheries on July 7.
Ocean Farming had been granted eight licenses for the realization of their offshore farming facility, Ocean Farm 1, back in February 2016. Prior to being granted the approval, the company provided the Directorate of Fisheries with comprehensive and thorough documentation to show that their performance criteria and conditions for conversion had been fulfilled...
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