Oil company EFFO will relocate and centralise its national operations at the newly developed harbor area in Søldarfjørður, marking a major upgrade for the Faroe Islands’ fuel and maritime infrastructure. The move comes as Runavík Municipality completes the new port this summer, after which EFFO will begin constructing a modern energy terminal that will serve as the company’s main operational hub. The new fuel depot is expected to be completed by late 2027, significantly expan

A Faroese-founded company is setting a new benchmark for digital innovation in the seafood sector with the introduction of a cutting‑edge data platform designed to modernize the way fish trade information is accessed and utilized across the North Atlantic. Co‑founded by Jákup Holm Johannesen, CEO of Nordic Fish Exports, the initiative brings unprecedented clarity and accessibility to one of the region’s most important export industries. At the center of this development is No

The workboat Slættanes , owned by the aquaculture company Hiddenfjord, has spent several weeks in the KJ shipyard dock hall in Klaksvík for upgrades to meet new FMA requirements, as well as general maintenance and inspection work. The vessel, which is KJ’s newbuilding number 17, was originally built in 2017 and measures 13 metres in length and 6 metres in width. Slættanes is primarily used at the aquaculture site at Fútaklettur in Vágar, an area known for challenging conditi

Smyril Line has reached an important milestone in its fleet expansion program with the successful launch of the first of two newbuildings at the CIMC Raffles shipyard. The launch marks a significant step forward in strengthening maritime connectivity and transportation capabilities across the North Atlantic. The new vessel represents Smyril Line’s continued commitment to supporting communities, commerce, and critical supply chains in the region. By investing in modern and eff