New investments spell optimism for Klaksvík

The arrival of the world’s most advanced pelagic trawler renews optimism for the Port of Klaksvík where storage and docking facilities at the North Quay deep-water terminal are set to attract new business.



MAY 2009 (North Atlantic News). With the North Quay marine terminal extended to offer a straight line of 317m with 12m depth alongside and a 20,000 m2 container area, the Port of Klaksvík was well prepared to greet the Norðborg on 8 May as she arrived from Chile’s Asmar shipyard on her one-month maiden journey, adding to Klaksvík’s fleet of top-of-the-line fishing vessels.

A welcoming crowd had gathered from near and far to hear mayor Gunvá við Keldu pay tribute to the owners of the new 250-million dkk (33.6m eur) trawler. The 83.4 meter combined purse seiner/factory trawler is likely to be the world’s most advanced of its kind, according to fishing industry sources—affirming Klaksvík’s tradition of being home to world-class trawlers.

A few years back, the Skálaberg, one of the world’s most advanced filleting trawlers, was delivered to local fishing company JFK Trol.

“The arrival of Norðborg gives hopes for the future both in terms of economic and human development,” the mayor said, hinting at the current economic slump. She expressed the community of Klaksvík’s appreciation for vessel owner Hvalnes/Christian í Grótinum’s considerable contributions toward progress and job creation over the years and in particular with the new trawler.

Ms. við Keldu also made reference to the fact that the fishing company — alongside JFK Trol and Faroe Ship — holds a one-third stake in the 5,000-tonne cold storage facility opened recently at the new terminal, and has played an active part in developing the North Quay.

Located at Ánir immediately north of town, the North Quay is believed to be one of the safest deep-water berths in the Faroe Islands, offering vessels of virtually any size — including freezer trawlers, container ships, ro-ro (roll-on/roll-off) ferries, and passenger cruise liners — full maneuverability regardless of weather conditions.

The steep mountains surrounding the harbor offer tangible benefits, both in terms of protection against weather and in terms of effective water supplies. For example, a large passenger ship taking fresh water at the North Quay can get delivery speeds of up to 450,000 liters per hour, according to the port authority, the Municipality of Klaksvík.

“Presenting Klaksvík as a destination for cruise tourism is now one of our priorities,” Ms. við Keldu says.

The terminal opened a few years ago and was subsequently fitted with a 30m wide ro-ro ramp before being extended to its present length. It was accompanied by large-scale developments in the road infrastructure, bringing fundamental change to Klaksvík.

In 2006, one year after the opening of the terminal, a giant undersea tunnel that connects Klaks­vík with Leir­vík on the island of Eystur­oy was completed, making Klaks­vík part of the so-called Main Area which includes the capital Tórs­havn and the Vágar Airport.

“We’ve seen a number of developments in the community,” Ms. við Keldu says. “Much of it has involved integration between businesses in Klaksvík and Eysturoy. At the same time, people have become much more mobile and that is bound to have an effect on the economy. The tunnel is having a profound impact and is proving very important for community life in the whole area… I think it’s already difficult for people to imagine life without it.”

The added infrastructure is seen to reposition the Port of Klaksvík as it has proven capable of handling large vessels and large quantities of cargo. For example, unloading and loading of frozen goods at the North Quay has turned out to be surprisingly quick, according to Atli S. Justinussen, chairman of the Board of Commerce and Industry (earlier known as Port of Klaksvík’s board of directors).

“Experience shows that a couple of thousand tones of marine products can be transferred from a factory trawler to a container ship in an amazingly short time by unloading the trawler’s cargo into a hundred 20-foot containers on the terminal area then lifting the containers on board the container ship. Such processes are smooth here.”

Well sheltered by high terrains on all sides, Klaksvík is the Faroe Islands’ busiest whitefish port.

In addition to the North Quay, the port comprises the Kósin Quay, a 260m fishing terminal with water depths of 8 to 9m alongside; the Fishing Marina, in the center of town, home to hundreds of small fishing boats; the 300m West Quay, with a depth of 8.75m alongside, the town’s main general-purpose berth; and the 55m Fuel Quay with 8m depth alongside.

Link to pdf presentation...

 

Welcome to the 2011 Edition of the Faroe Business Report

Cover of FBR 2011

I’m proud to present the 6th edition of the Faroe Business Report. It’s a pleasure again this year to bring you this information package about the Faroese business scene in cooperation with leading businesses and government departments and agencies. I encourage you to take a read to check the state of affairs in the Faroese business environment and see what some of the main events are compared to last year or a few years back. I guarantee that there’s quite a few things that happen in the course of a single year — major change can occur very quickly in the Faroe Islands.


Búi Tyril
Publisher and Editor in Chief


Reach International Businesspeople with an Eye on the Faroe Islands

Sponsoring an article or placing an ad in the Faroe Business Report is a great way of accessing important market segments or conveying your values to key constituencies. For those keen to share with an international audience what their position in the Faroe Islands may mean, this yearly publication is recognized as the information medium of choice — an undisputed leader in its field.
Read more (PDF)...


Sannførandi søgur byggja álit millum viðskiftarar og veitarar

Fyri bæði fyritøkur og stovnar er umráðandi at samskifta væl við umheimin, soleiðis at góð og hóskandi kunning altíð er tøk í rættari tíð. Hesin samskiftis tørvur ger seg altíð galdandi, eisini tá vit ikki beinleiðis síggja hann.

Hetta kemst millum annað av at broytingar við meir ella minni avgerandi ávirkan á virksemið hjá fyritøkuni ella stovninum kunnu henda óvæntað skjótt.

Les meira (PDF)...