Aquaship/Intership acquires FSV Group to form world's second-largest aquaculture services group

Norway's Aquaship/Intership has acquired the FSV Group, forming the world's second-largest maritime service provider for the aquaculture industry.

Aquaship said the enlarged group would offer a comprehensive suite of services and vessels tailored to meet the industry’s evolving needs, including transportation, treatment, feed distribution, harvesting and site services.

The group will maintain its main bases in Hareid, Molde, and Kristiansund, located in Norway's Møre og Romsdal region.

The combined companies will operate a fleet of 60 vessels, with eight additional vessels currently being built. More than 1,000 employees will work across Norway, Chile, the United Kingdom, Ireland, Canada and the Faroe Islands.

“With global innovation hubs continuing to develop solutions to improve aquaculture vessel operations and resulting farmer production volumes and yields, [and] now with one of the industry’s largest network of vessel types and geographies to collaborate across, we will keep striving to anticipate and exceed customer expectations,” commented Arild Aasmyr, CEO of FSV.

Ole Peter Brandal will continue as CEO of the group, while Aasmyr will remain CEO of FSV. The three companies said they are actively seeking more employees, both onshore and at sea.