Regin Winther Poulsen

Fisheries stakeholders in Norway are backing their nation’s government in its decision to ban two Russian seafood companies, Norebo and Murman Seafood Company, from entering its waters.

Norway banned the two firms in July for alleged espionage activities, following a similar move made by the E.U. Since then, Iceland has imposed sanctions on the two companies, and the Faroe Islands is debating whether to do the same.

In response to the

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Faroese Parliament has begun debates on whether to sanction two Russian fishing companies under suspicion for espionage activities.

On August 28, Faroese politicians began debating a new amendment proposed by Faroese Minister of Foreign Affairs, Industry, and Trade Sirið Stenberg, which would give the Faroese government the necessary authority to sanction Norebo and Murman Seafood, which have already been placed under sanctions by the E.U.,

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On 31 July, U.S. President Donald Trump signed an executive order that raised the tariff rates on Norway and Iceland, among other countries, from 10 percent to 15 percent.

Rates on the Faroe Islands, meanwhile, remained at the same 10 percent rate they have stood at since April.

Instead of celebrating the upper hand the self-governing archipelago has gained over competitive salmon-farming nations, some involved with Faroese trade are leery of

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Iceland has imposed sanctions on Russian fishing companies Norebo and Murman Seafood, following the lead of Norway and the E.U.

Norebo and Murman have allegedly carried out espionage activity for Russia in European waters, and in May, the European Union placed a ban on the two companies. Among several reasons for the ban, the E.U. explained that ships owned by Murman Seafood had maintained “regular presence close to Norwegian critical

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Fishing firm Royal Greenland has received a new trawling vessel, concluding a series of five trawler purchases dating back to 2019 aimed at modernizing the firm’s fleet.

The Kaassassuk arrived in Nuuk on 28 July, and Royal Greenland highlighted that among several innovative technological features, the trawler features robot palletizing capabilities that entail automated stacking of finished product boxes on pallets, enhancing onboard

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The Faroe Islands is currently debating whether to follow the example set by Norway and the E.U. in banning two Russian fishing companies from fishing in its waters.

"Recently, the E.U. and Norway implemented sanctions against two Russian shipowners, who have ships that are fishing in Faroese waters. That was not because of the war in Ukraine, but there are reasons to believe that they participate in suspicious activity," Faroese Prime Minister

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The U.K. and the E.U. recently signed a wide-ranging bilateral agreement covering such topics as security and defense, trade, and access to lucrative fishing grounds.

Some sectors, such as the U.K. retail and export industries, praised the agreement, saying it will help to cut down on cross-border checks and remove other previously burdensome red tape.

“Sweeping away trade barriers with the E.U. will remove cost, complexity, and delay in

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Brazil recently granted land approval to the Faroe Islands with the intention of soon allowing imports of the self-governing nation’s aquaculture and fishery products, marking the culmination of multiple years of trade talks between the two parties.

"This could be of great importance. This is a giant market for export, and they have been requesting high-quality Faroese products," Sirið Stenberg, the Faroe Islands minister of social

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Representatives from coastal nations that fish for pelagic species in the Northeast Atlantic Ocean met in London, U.K., on 10 and 11 June to negotiate quotas for blue whiting.

However, in similar fashion to other negotiations focused on establishing comprehensive pelagic quotas in the region, the talks quickly hit an impasse.

Since 2015, the E.U., the U.K., the Faroe Islands, Norway, Iceland, Greenland, and other coastal nations fishing in the

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The Science Based Targets Network (SBTN) – a collaborative organization comprising several environmental NGOs that aims to help companies and cities set climate- and nature-based objectives – has launched its first science-based targets (SBTs) focused specifically on the ocean,… Read More