Kaldvík has been granted aquaculture operating licences by the Icelandic Food and Veterinary Authority alongside an environmental permit from the Environment and Energy Agency of Iceland for salmon farming in Seyðisfjörður.
The authorisations provide for an aggregate maximum allowed biomass of 10,000 tonnes across farming sites located at Sörlastaðavík, Selstaðavík and Skálanesbót.
Of that total volume, 6,500 tonnes relate to fertile salmon and 3,500 tonnes to sterile salmon.
The approvals lift the company’s total licensed biomass from 43,800 tonnes to 53,800 tonnes, of which 41,000 tonnes represent fertile fish and 12,800 tonnes comprise sterile stock.
Chief Executive Officer Vidar Aspehaug stated that Kaldvík will assess how and when farming in Seyðisfjörður can be incorporated into its overall production plan, taking into account remaining permitting processes and financial priorities.
Development and operational timelines remain subject to completing those operational preparations, with applications for construction permits at Selstaðavík and Sörlastaðavík currently being processed.
The company confirmed that the newly awarded permits do not affect its previously communicated harvest guidance for 2026.
Receipt of the operating permissions concludes a lengthy regulatory review carried out with two Icelandic state agencies.
