Pan Fish is now considering buying into farming of salmon and crab on the Kola Peninsula in Russia.
There aren't too many salmon farming operations to choose from on Kola. Norwegian Gigante's alliance with Arctic Salmon is the only player.
Representatives from the aquaculture giant were in Murmansk last week to see if the area is suitable for salmon and trout in addition to Kamchatka Crab farming.
Pan Fish also has plans for production of salmon ova along the Murmansk coast at the fish farm facility Verkhnetoolomskiy, reported Murmansk Fish Resources.
According to information received by IntraFish in Murmansk, Pan Fish has been in the city several times lately, so it's obvious that they are serious. Only one player sits on salmon production licences at the present on Kola.
This is Norwegian Gigante's alliance with Arctic Salmon. The alliance sits on rights to produce 17,000 tonnes of salmon and trout in North-west Russia. In comparison with Norwegian licence equivalents, this is equal to 26 licences, and as much as Midnor Group own in Norway.
- Is there a possibility of licences being sold?
"I don't wish to comment on that, but everything has a price tag," said Manager Tor Åge Grindberg of Gigante AS.
"We haven't been in touch with Pan Fish," claimed Managing Director Mona Lindal of Gigante Seafood.
IntraFish has not succeeded in obtaining any comment from Pan Fish management.
Representatives from Pan Fish met with Victor Nesvetov, who is Director of the rainbow trout production company Arctic Salmon, and Vladimir Khiznakov of the fisheries company Murman Seafood. Murman Seafood has plans to farm Kamchatka crab in one of the bays at Liinakhamary.
There are around seven million crabs in the northern Kola Bay, but not enough food for these, so the average weight is below market specifications.
"Retrieving the crab for marine farming could be a solution," said Khiznakov.