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Bakkafrost is the main sponsor of the Faroe Islands national football team.On this photo is the captain of the team, Fróði Benjaminsen, with the Bakkafrost-logo. P/F Bakkafrost is a Faroese salmon farming company based in Glyvrar on the island of Eysturoy in the Faroe Islands.
High dependence on fishing (including salmon farming) means the Faroe Islands' economy remains vulnerable. The Faroese hope to broaden their economic base by building new fish-processing plants. The islands allow up to 25% foreign ownership of ocean industry decreasing gradually until 2032 when foreign ownership must end. [16]
In 2017, about 263,000 farmed non-native Atlantic salmon escaped from a net in Washington waters in the 2017 Cypress Island Atlantic salmon pen break. [ 69 ] Sea lice, particularly Lepeophtheirus salmonis and various Caligus species, including C. clemensi and C. rogercresseyi , can cause deadly infestations of both farm-grown and wild salmon.
Nevertheless, the almost total dependence on fishing and fish farming means that the economy remains vulnerable. One of the biggest private companies of the Faroe Islands is the salmon-farming company Bakkafrost, which is the largest of the four salmon-farming companies in the Faroe Islands [4] and the eighth-biggest in the world. [5]
Workers prepare sides of fresh farmed salmon for filleting and packaging in the processing plant at a fish farm operated by Salmar ASA on the island of Froya, Norway, on Thursday, Aug. 7, 2014.
Wild salmon is more nutritionally dense than farm-raised salmon and can contain up to three times less fat, fewer calories, and more vitamins and minerals like iron, potassium, and b-12.
The company's primary interest is fish farming, primarily salmon, the operations of which are focused on Norway, Scotland, Canada, the Faroe Islands, Ireland and Chile. The group has a share of 25 to 30% of the global salmon and trout market, [4] [5] making it the world's largest company in the sector.
1. Farm-Raised Salmon. Some farm-raised salmon may contain more parasites than its wild-caught counterpart due to the densely populated conditions of fish farms, which can foster a breeding ground ...