Atlantic Sapphire ready to "show the true potential of land-based salmon farming". Atlantic Sapphire ASA and Skretting enter agreement to ... Atlantic Sapphire - Latest seafood, aquaculture and ... By Gareth Moore. Want to keep reading? All active positions Norway Full history Atlantic Sapphire . Atlantic Sapphire ASA and Skretting enter agreement to ... Atlantic Sapphire this week released a photo of the MF-4 well that will tap into an artesian water source. While the market cap of a public entity, such as Atlantic Sapphire, is its stock price multiplied by the total number of . It is involved in the production and sale of salmon. The CFO of Atlantic Sapphire has blamed construction issues for most of the company's difficulties to date, but asserted that they are now on track to fulfil the true potential of their salmon. The future of sustainably raised Atlantic salmon on a commercial scale has now arrived. The company operates through two segments, Fish Farming (Denmark); and Fish Farming (USA). Atlantic Sapphire ASA (AASZF) Yahoo Finance 4 days ago. Aquaculture equipment designer and manufacturer Billund Aquaculture secured a preliminary design contract for the second phase of Atlantic Sapphire's land-based salmon project in Miami. Atlantic Sapphire Corporation is an independent precious metal resource company. Stocks Norway. The Fish Farming Denmark and Fish Farming. Atlantic Sapphire. With a strong social and environmental focus and growing fast in North America and Europe, we're leading the way to the future with Bluehouse technology. 159. May 17, 2018. Atlantic Sapphire ASA engages in the management of salmon farming facilities. The construction of the second phase of the Miami project will begin in 2020. Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. It is building a giant salmon farm, known as the Bluehouse, on what used to be a tomato… Learn more about the past, present, and future of our parent company Atlantic Sapphire and how we came to be! Atlantic Sapphire responded to the question of impact on water quality by stating there is an impact on the recirculation system when salmon eat the feed. The land-based salmon farmer Atlantic Sapphire has had a brutal 2021, with salmon deaths, lack of oxygen and, most recently, a major fire at the plant in Denmark. 2011: The company creates a commercial pilot of the Bluehouse . Water quality in the farm is excellent and the Company has over the weekend carefully restarted feeding of fish across its fresh- and salt-water systems. Read also: Atlantic Sapphire may decide not to rebuild Danish facility destroyed by fire Capitalized Managing Director, Atlantic Sapphire Denmark § Extensive salmon farming background in Norway, both in ocean net pen farming and particularly in land based RAS farming § Previously worked for Sintef, Marine Harvest and Norway Royal Salmon § MSc in Aquaculture and an MBA from BI in Norway Executive management Alexander Reus Analyst Report: . Norwegian land-based salmon farmer Atlantic Sapphire has successfully issued a private placement of its Oslo, Norway-listed shares, raising $100 million (or NOK 906m) [.] The Group owns and operates land-based Atlantic salmon farms in Hvide Sande, Denmark and Ho mestead, Florida, USA. The Atlantic Sapphire is now for sale in high end restaurants and retail in America and Europe Show more Show less Co-Owner The company has 91.01 M outstanding shares. Bergen, Norway-based land-based salmon-farming company Proximar Seafood has announced the hiring of former Atlantic Sapphire Chief Operating Officer Dharma Rajeswaran . MIAMI and STAVANGER, Norway, Nov. 10, 2021 /PRNewswire/ -- Skretting and Atlantic Sapphire ASA ("Atlantic Sapphire" or "the Company") are pleased to announce Skretting's intention to construct a specialized state-of-the-art feed plant for land-based salmon in Florida to serve Atlantic Sapphire's US operations with market-leading feed specialized for Bluehouse farming. All farmed salmon begin their lives in land-based facilities, . Atlantic Sapphire salmon is raised in a revolutionary Bluehouse™ - the equivalent of a Greenhouse where fish are given ideal conditions to thrive. Atlantic Sapphire is traded on OTC Exchange in the United States.. In a stock exchange announcement, Johan E Andreassen, chairman and CEO of Atlantic Sapphire, explained: "Following a challenging start to 2021 for the company, which has involved operational disturbances and elevated mortality, especially tied to fish movement issues, smolt facility and the loss of biomass on March 23, 2021, we are making organizational changes to the US operation for . Norway. United States 2100 Salzedo Street, Suite 300, Coral Gables, FL, 33131 - Miami Tel: +45 21 89 03 00 stbj@billundaquaculture.com 41.5 NOK 0.00 (0.00 %) # Player Short Position value Latest win/loss Startprice position Total value change 1. We are listed on the Oslo Stock Exchange (OSE). Investment bank Kepler Cheuvreux downgrades its estimate for Atlantic Sapphire's harvest volume in 2030 from 200,000 tonnes to 70,000 tonnes. Atlantic Sapphire A/S. Atlantic Sapphire ASA is a Norway-based parent company of the Group, which is engaged in the management of salmon farming facilities. Once completed, it will be "the largest aquaculture facility in the world." Atlantic Sapphire was founded in 2010. Australia 10 Osborne Esplanade, Kingston Beach 7050, Tasmania Tel: +61 (0) 473 982 573 pati@billundaquaculture.com . Atlantic Sapphire salmon is raised in a revolutionary Bluehouse™ - the equivalent of a Greenhouse where fish are given ideal conditions to thrive. United States: 31 Se 5th Street, #214 Miami Fl 33131 : Atlantic Sapphire Asa: Other: 1st New Owner After Registration: Daugstadvegen 445 Vikebukt: Atlantic Sapphire As: Other: Owner At Registration: Norway: Daugstad N-6392 Vikebukt : Atlantic Sapphire As: Other: Owner at . On-land salmon farmer Atlantic Sapphire ASA made an operating loss (EBIT) of $46.6 million (£33.8m) last year, according to its 2020 annual report. Never mind the coronavirus. A nighttime blaze on Wednesday severely damaged fish tanks at the recirculating aquaculture system (RAS) facility of Atlantic Sapphire in Hvide Sande, Denmark. By Lola Navarro IntraFish.com. 2010: Norwegian salmon entrepreneurs Johan Andreassen and Bjørn-Vegard Løvik, and co-founder Thue Holm establish Atlantic Sapphire. Another Norwegian company, Nordic Aquafarms, recently announced plans for a U.S. farm in Maine, but it would have a third of the projected production of Atlantic Sapphire. Atlantic Sapphire which also a larger on-land. Show more Atlantic Sapphire Fundamentals Summary . Atlantic Sapphire's mission is to innovate fish farming locally to impact protein production globally. The company operates a 2,400-tonne capacity on-land Atlantic . However, the company said as diet is critical to fish quality both companies continually research novel ingredients in feed that are sustainable and have the least impact. Former Atlantic Sapphire exec Dharma Rajeswaran lands at Proximar. After Hours : ---June 21, 2021 2:50 PM CEST. The Company's Bluehouse facility is a production technology developed by the Group in . It operates through the Fish Farming Denmark and Fish Farming USA segments. Atlantic Sapphire has also released its annual report which shows net losses of US $55.2m, compared to a net loss of $13.2m in 2019. MIAMI (April 21, 2020) - Holland & Knight advised US and Danish subsidiaries of Atlantic Sapphire AS, a company traded on the Oslo Stock Exchange in Norway, on a $210 million senior secured syndicated financing arranged by DNB Bank ASA, New York branch, Norway's largest financial services group.The financing is tied to the company's development of a world-class, above-ground salmon farm in . Atlantic Sapphire, a Norwegian company, calls itself the largest land-based aquaculture company in the world. 2 November 2021 Stock analysis for Atlantic Sapphire ASA (ASAME) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Atlantic Sapphire ASA engages in the management of salmon farming facilities. Want to keep reading? Atlantic Sapphire (Norway) Valuation. "When we started [exploring the concept] 10 years ago, people thought we were completely crazy," says Johan Andreassen, chief executive of Atlantic Sapphire, which is a Norwegian-owned business. London, United Kingdom. MIAMI and STAVANGER, Norway, Nov. 10, 2021 /PRNewswire/ — Skretting and Atlantic Sapphire ASA ("Atlantic Sapphire" or "the Company") are pleased to announce Skretting's intention to construct a specialized state-of-the-art feed plant for land-based salmon in Florida to serve Atlantic Sapphire's US operations with market-leading feed specialized for Bluehouse farming. Dharma Rajeswaran will take on a new advisory role. The company is still at a relatively early stage with its "Bluehouse" Florida project, and . Founded by two Norwegian cousins with an environmental ethos, Atlantic Sapphire got its start in Hvide Sande, a windswept Danish fishing village on the North Sea, where the company raised small batches of market-ready salmon that never dipped a fin in the ocean or a river. Johan Andreassen: "A stable water source reduces the complexity." Founder and chief executive Johan Andreassen told fishfarmingexpert.com the site in Miami had been chosen because of the advantages of underground water. It includes tax cuts and policy rewrites touching on a wide range of industries, including offering a tax exemption to Atlantic Sapphire, the Norway-based fish farm expanding its footprint in Miami. Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. Atlantic Sapphire ASA was founded in 2010 and is headquartered in Vikebukt, Norway. The Group owns and operates land-based Atlantic salmon farms in Hvide Sande, Denmark and Homestead, Florida, USA. More on Atlantic Sapphire As The company operates through two segments, Fish Farming (Denmark); and Fish Farming (USA). The Danish aquaculture company reported that all workers at the facility managed to escape to safety without injury and that the fire was under control by 6 a.m. on Thursday, Sept. 16. Andreassen and Lovik pioneered the use of cleanerfish in Norway in the 1990s as a natural way of fighting sea lice in net pen salmon farming The Salmon Farm is one of the most exciting projects that OHL NA has acquired. We are a Norwegian publicly- traded company with headquarters in Miami. Both industry observers and investors are closely watching developments at this company which believes that the sunshine state is the ideal location for its new RAS farm because of access to both fresh and salt water which it believes make . Atlantic Sapphire ASA is committed to being a responsible partner to the community in which it operates and is proud to help whenever possible. It operates through the Fish Farming Denmark and Fish Farming USA segments. Show more Atlantic Sapphire Fundamentals Summary Stock Atlantic Sapphire ASA. Photo courtesy of Proximar Seafood. Atlantic Sapphire, an indoor salmon farming company founded in Norway nearly a decade ago, is on track to finish the first of three construction phases on a sprawling facility in Miami-Dade's Redland by July. Aquaculture equipment designer and manufacturer Billund Aquaculture secured a preliminary design contract for the second phase of Atlantic Sapphire's land-based salmon project in Miami. Atlantic Sapphire, the Norwegian indoor salmon fish farm, might have gotten its start in 2010, but the company is heading into the new decade with ambitious goals in the American fish market. Atlantic Sapphire has already invested $400m (£287m) in its US facility, and plans to spend $2bn in total. Norwegian farmed salmon producer Atlantic Sapphire is making a significant move into the United States with the ongoing construction of a major RAS facility in Florida. This is our heritage 18th Century Early fertilization trials can be traced back to Europe 19th Century Atlantic Sapphire CFO departs as company considers USD 100 million private placement Norwegian land-based aquaculture firm Atlantic Sapphire announced Wednesday, 9 Septpember its chief financial officer, Jose Prado, left his position sometime within the past month, soon after the company's second-quarter results were released. We are a Norwegian publicly- traded company with headquarters in Miami. Atlantic Sapphire ASA engages in the management of salmon farming facilities. On Tuesday March 23 2021 Atlantic Sapphire USA LLC a wholly owned subsidiary of Atlantic Sapphire ASA had an incident in one of its grow out systems at. . Marine Harvest, a . By Nick Sambides Sep. Atlantic Sapphire ASA is a Norway-based parent company of the Group which . Atlantic Sapphire was founded in 2010 by Norwegian salmon entrepreneurs Johan Andreassen and Bjorn-Vegard Lovik. Atlantic Sapphire salmon is raised in a revolutionary BluehouseTM - the equivalent of a Greenhouse where fish are given ideal conditions to thrive. Calculating the true value of any business is not as easy as it may seem. Skretting and Atlantic Sapphire ASA ("Atlantic Sapphire" or "the Company") are pleased to announce Skretting's intention to construct a specialized state-of-the-art feed plant for land-based salmon in Florida to serve Atlantic Sapphire's US operations with market-leading feeds specialized for Bluehouse farming. . Norway Markets Close In 58 min. Atlantic Sapphire (ASA) 41.50 NOK 0.00 (0.00 %) Atlantic Sapphire. Want to keep reading? What is the enterprise value of Atlantic Sapphire? Developed by Idium, a part of . Photo: Atlantic Sapphire. Atlantic Sapphire's Florida facility. MIAMI and STAVANGER, Norway, Nov. 10, 2021 /PRNewswire/ -- Skretting and Atlantic Sapphire ASA ("Atlantic Sapphire" or "the Company") are pleased to announce Skretting's intention to construct a . Aquaculture. Jul 2014 - Sep 20143 months. Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. It operates through the Fish Farming Denmark and Fish Farming USA segments. Atlantic Sapphire Chief Financing Officer and Managing Director Karl Oystein Oyehaug told IntraFish that the biomass was of "limited financial value," and noted that the largest part of the farm, "Langsand 2," was empty and "fully insured.". Telenor also operates in . Norwegian tycoon buys $1 million worth of land-based salmon farmer Atlantic Sapphire's shares. Atlantic Sapphire is the largest global onshore aquaculture company in the world. It is involved in the production and sale of salmon. 2010: Norwegian salmon entrepreneurs Johan Andreassen and Bjørn-Vegard Løvik, and co-founder Thue Holm establish Atlantic Sapphire. Our state of the art BluehouseTM, located in the small village of Hvide Sande, was the first of its kind when built in 2011. By Lola Navarro IntraFish.com. Andreassen and Lovik pioneered the use of cleanerfish in Norway in the 1990s as a natural way of fighting sea lice in net pen salmon farming The group's net loss was $55.2m, an increase of $42m on the $13.2m net loss from 2019. Atlantic Sapphire turns to trout as losses deepen. Our cutting-edge Oceanus concept provides ideal living conditions to optimize salmon growth while removing the negative impact to the environment. Norway-listed land-based salmon project Proximar Seafood has hired former Atlantic Sapphire and Mowi executive Dharma Rajeswaran as its new chief operating officer [.] Published 22 October 2021 21:16 GMT. Atlantic Sapphire ASA is a Norway-based parent company of the Group, which is engaged in the management of salmon farming facilities. Because Norway is the world's largest salmon producer, its financial system and institutions are among the world's most knowledgeable about aquaculture. Our first commercial and fully operational Bluehouse™ was built in Denmark in 2011. 2011: The company creates a commercial pilot of the Bluehouse in Denmark. miami and stavanger, norway, nov. 10, 2021 /prnewswire/ -- skretting and atlantic sapphire asa ("atlantic sapphire" or "the company") are pleased to announce skretting's intention to construct a. Corporate Finance - DCM Bonds, International Corporates. The company operates through two segments, Fish Farming (Denmark); and Fish Farming (USA). Revenues for 2020 totalled $6.3m against $5.5m in 2019. It truly brings innovation and sustainability to the forefront. We are passionate about our work because we love our oceans, our planet, and the people that make it our home. The Company's Bluehouse facility is a production technology developed by the Group in collaboration with supply chain partners. BluehouseTM Denmark - transformed salmon farming forever. Both companies partnered on the construction of the first stage of the site, which will provide the . ATLANTIC SAPPHIRE ASA. Atlantic Sapphire ASA was founded in 2010 and is headquartered in Vikebukt, Norway. MIAMI, Jan. 15, 2021 /PRNewswire/ -- Atlantic Sapphire ASA ("Atlantic Sapphire" or "the Company") (Oslo Børs: ASA;OTCQX: AASZF), the producer of Bluehouse Salmon - the brand revolutionizing the . The EBIT or operating loss was $46.6m against $33.8m in 2019. MIAMI: Atlantic Sapphire ASA announced that Bjørn-Vegard Løvik will join the Company as Interim Chief Operating Officer, reporting directly to the CEO of Atlantic Sapphire USA LLC, Johan E. Andreassen, as part of a restructuring of the organization to improve transfer of information, knowledge and accountability. The company said in a stock exchange release it is insured against fire and other incidents for a value of $33 million (€28 million). It is the incumbent dominant telecom operator in Norway and the Norwegian government holds an almost 54% stake in the firm. MIAMI and STAVANGER, Norway, Nov. 10, 2021 /PRNewswire/ -- Skretting and Atlantic Sapphire ASA ("Atlantic Sapphire" or "the Company") are pleased to announce Skretting's intention to construct a specialized state-of-the-art feed plant for land-based salmon in Florida to serve Atlantic Sapphire's US operations with market-leading feed specialized for Bluehouse farming. The share price has fallen by 74 per cent in the last six months. AdChoices. Atlantic Sapphire ASA . The construction of the second phase of the Miami project will begin in 2020. The Fish Farming Denmark and Fish . Miami, United States /Stavanger, Norway, November 10, 2021 Skretting and Atlantic Sapphire ASA (" Atlantic Sapphire" or "the Company") are pleased to announce Skretting's intention to construct a specialized state-of-the-art feed plant for land-based salmon in Florida to serve Atlantic Sapphire's US operations with market-leading feeds specialized for Bluehouse farming. By 2031 it intends to have four million sq ft (372,000 sq m) of tanks across the 160 . Atlantic Sapphire is a Norwegian industrial fish-farming company with operations in Denmark and Homestead that bills itself as the "largest global onshore aquaculture company in the world." At its . 0.00%. The Atlantic Sapphire Miami Bluehouse will bring the technology and techniques established for the past seven years at their Danish pilot facility to America. Atlantic Sapphire has been operating its innovation center in Denmark since 2011 with a strong focus on R&D and innovation to equip the company with technology and procedures that enables the . Atlantic Sapphire has revolutionized the salmon farming industry. Atlantic Sapphire revels in its diversifying investor base. Contracted by Atlantic Sapphire, a Norwegian company that pioneered technology to farm salmon entirely on land, this project builds a series of water tanks connected by 67 miles of pipes, starting with smaller tanks for salmon eggs and increasing in . Summary; Profile. Atlantic Sapphire was founded in 2010 by Norwegian salmon entrepreneurs Johan Andreassen and Bjorn-Vegard Lovik. Arrowstreet Capital, Limited Partnership. Both companies partnered on the construction of the first stage of the site, which will provide the . Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. 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