Atlantic Sapphire posts first quarter harvest volumes

by
Editorial Staff

Land-based salmon farmer Atlantic Sapphire has announced its harvest volume for the first quarter of 2024. 

The Oslo-listed Florida-located salmon producer harvested 1,150 metric tons for in the first quarter of the year according to a stock exchange update on Tuesday. 

The company recorded a net biomass gain for the same period of approximately 1,200 tons.

The Oslo-listed company is constructing the world’s largest land-based salmon farm, dubbed “Bluehouse,” near Miami, Florida. The first phase of construction is now complete, providing an annual capacity of 9,500 tons, with the first harvest having taken place in 2020.

The company is currently progressing with the second phase of construction, aiming to reach an annual capacity of 25,000 tons upon completion. By 2031, the company is targetting a production capacity of 220,000 tons.

Nordlaks Holding holds the largest stake in the company, with approximately 10.4% of the shares.

Atlantic Sapphire will publish an operating update for the first quarter on April 18, and hold a presentation on the same day.

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