Endúr signs $10 million deal to supply feed barges

Editorial Staff

Aquaculture supplier Endúr Sjøsterk, a subsidiary of Norwegian industrial group Endúr, has announced the signing of two significant contracts for the turn-key delivery of concrete feed barges to Cermaq, a major player in the aquaculture industry.

These barges are scheduled for delivery in 2024, with the first expected to commence production in early Q1.

The combined value of these contracts is close to NOK 100 million ($10 million), marking a substantial deal for the company.

“Cermaq is a customer of great strategic importance to us, and we are therefore very much looking forward to collaborating with them on these two projects,” said Frode Johansson, CEO of Endúr Sjøsterk.

Endúr is a leading supplier in marine infrastructure construction and maintenance projects and services. The company specializes in facilities for land-based aquaculture, quays, harbours, dams, bridges, and other specialized concrete and steel projects. The company is headquartered in Lysaker, Norway.