Our vision is to feed the world’s population with healthy
high-quality cod; the planet’s most sustainably
Our mission is to secure that our people and product are renown for the highest quality, all the while constantly developing our promotion and partnerships to be greatly profitable. We aspire to create the best conditions for success in achieving our vision & protecting the planet.
FRESH COD ALL YEAR ROUND
Norcod has privileged access to sixth-generation fry, bred for optimal health and yield. The fish will be farmed in their natural cold-water habitat on Norway’s west coast. At Norcod, we aim to supply the strong market for fresh cod year-round amid growing demand globally for sustainably produced healthy protein. Norcod is the result of a comprehensive evaluation project over the past few years where we have looked at the possibilities of making an industrial venture on cod again.
The conclusion was that the prerequisites for building this industry have never been better based on the main factors of genetics, sustainability, quality and market. The Norcod business model is highly relevant in that it addresses key UN sustainable development goals, by enabling the production of large volumes of protein, while keeping a minimal impact on the environment.
Our team consists of leading experts with great competencies within the seafood industry and aquaculture farming. Norcod is currently in the process of expanding its team that is led by CEO Hilde R. Storhaug.
Norcod also have a highly experienced Board of Directors, with relevant competencies in the fields of expertise that is important for constructively developing the company. The Board consists of Boe Spurré, Marit Solberg, Christian Riber and Jan Severin Sølbæk.
"The chance of success with profitable cod farming has never been greater than now!"
COD FARMING BEFORE
Cod farming has not been synonymous with success in Norway. In the early 2000, there were several optimists pursuing cod farming, these were however unsuccessful. We have undergone why these companies failed and made a thorough analysis of “why it went wrong” to ensure that none of the same factors will impact Norcod.
The first effort took place during 2004-2012 with an over-establishment of companies that drove full-scale production. One major issue was that these companies were basing their production on the 1st generation of stem fish. This caused challenges such as deceases, cannibalism and escapes which in turn lead to unsustainable production factors.
This in combination with a lack of structured go-to-market plans made these previous efforts fail. To draw a parallel, these same challenges were evident during the first farming attempts of salmon.
COD FARMING TODAY
Now we stand in front of an ever so small revolution. After years of systematic and long-term work, the cod farming industry can now boast about very positive results in the processing of cod fry.
Today we are on the 6th Generation of cod fry which is an entirely different fish than that of the earlier generations. Through selecting the optimal fish from each generation, it has been possible to end up with a cod that thrives much better. This means that the 6th generation cod is much more domesticated, has lower mortality rates, is without deformity, no longer graze on the nets and are a more robust fish that grow much faster. Our current production has exceeded our budgets in terms of both growth and mortality. This all makes us very confident for the future.
From the market perspective, the wild fish population is under pressure and dramatic cuts are seen in cod fishing quotas globally. However, the demand remains high as the market requests stable deliveries of fresh cod throughout the year. As a result, we see our cod as a great solution to this issue.
OUR EXISTING LOCATIONS WITH PRIME FARMING CONDITIONS
SKOGSØYA & Pålskjära FARM
Depth: Up to 44m
Wave Height: 1.5m
Current: 0.53 m/s
Temperature: 6ºC – 14ºC
Depth: Up to 45m
Wave Height: 1.6m
Current: 0.29 m/s
Temperature: 6ºC – 14ºC