Norwegian Government allows more than 25% ownership

The Norwegian Ministries of Fisheries and Coastal Affairs will propose a change in the rules relating to ownership limitation to the Norwegian Parliament, an thus allow companies to own more than 25% of the salmon farming sector's total standing biomass, according to a release from Marine Harvest.

Marine Harvest is positive to the new regulations and believes the changes will strengthen local communities and scientific research and create value both for the companies and Norway as a fish farming nation.