Nordic Aqua Partners A/S Stock

Nordic Aqua Partners AS is a Norway-based salmon farming company, using cutting-edge Nordic technology to set up a fully integrated and commercially scaled Recirculating Aquaculture System (RAS) farm for Atlantic salmon located in Ningbo, China.Its mission is to be first to deliver live and locally farmed Atlantic salmon direct to the Chinese consumer, saving airfreight cost and import duties and significantly reduce carbon footprint. The RAS farm is located on the Gaotang island, in Xiangshan county of Ningbo municipality, providing logistics to Greater Shanghai and the rest of China. The dedicated land area has a potential to accommodate an annual production capacity of 16,000 tons, with further expansion option to reach annual capacity of 40,000 tons of Atlantic salmon.