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Multigen Gadus gets nod for enclosed sea cod farm

Economy & businessEconomy
Multigen Gadus gets nod for enclosed sea cod farm
Key Points
  • Multigen Gadus receives permission for fully enclosed sea cod facility in Øksnes.
  • Facility has 14,000-ton capacity and billion-kroner value.
  • Closed seabed units reduce costs by 20-25% and create 60-100 jobs.

The facility will use closed units placed on the seabed, with controlled water filtration and sludge collection. According to the company, the operating model can reduce production costs by 20-25% compared to traditional net-pen farming and create between 60 and 100 new jobs. The Norwegian Food Safety Authority assesses that the method will not negatively affect wild fish.

The first fish stocking is planned for 2028. The project will be closely monitored by research institutions such as UiT and NIBIO to document fish health and environmental effects.

We see the approval as the first step in documenting a new way of conducting aquaculture at sea.

Kristoffer Høyning, CEO of Multigen Gadus
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Multigen Gadus gets nod for enclosed sea cod farm | Reed News