Entries by Heidi Baugstø

Ocean Aquafarms signed a 4-party agreement

On September 20th, Ocean Aquafarms signed a 4-party agreement with China International Marine Containers (CIMC), China Minsheng Bank and China National Fisheries Corp. to develop, finance and construct Hex Box. The 4-party agreement enables a business model that incorporates 3 elements. These are an experienced fabrication partner, a financing solution from a mixture of Chinese […]

Ocean Aquafarms joined Aqua Nor in Trondheim

Ocean Aquafarms joined the world’s largest aquaculture technology exhibition Aqua Nor in Trondheim in August 2017. During the event, Ocean Aquafarms met with its long- term business partners and exchanged ideas with a various of leading companies in the industry.

Stavanger company made billion NOK agreement in China

The Stavanger based Company, Ocean Aquafarms AS, has signed a letter of intent with Chinese shipyard CIMC Raffles which is worth 2,1 billion kroner (250 million USD). The cooperation between Norway and China paves the way to start the construction of Hex Box, a newly developed Norwegian fish farm concept. The letter of intent was […]

Taking Norway – China cooperation to new levels

Ocean Aquafarms and CIMC Group focus on the international aquaculture market. Ocean Aquafarms, the company behind the Norwegian aquaculture concept Hex Box, enters into strategic partnership with Chinese CIMC and opens up doors to the international market. Representatives from CIMC visited various academic communities and companies in Norway together with its Norwegian partner. Read more […]

China wants to join fish farming

The state-controlled Chinese industrial group CIMC Group is on a study trip to Bømlo. They have built drilling rigs for Norwegian market over the past decade. Now it’s time for fish farming industry. Together with their longtime partners in the rig sector, the Chinese will build a huge ocean fish farm called Hex Box. Hex Box […]

From oil to salmon

Heidi Baugstø and Stephen Adshead’s team have built 10 drilling rigs in the past 10 years. Now they want to take fish farming to the ocean. Read more about it here: http://www.dn.no/nyheter/2016/12/04/2051/Fiske/gar-fra-olje-til-laks

Stavanger duo from oil to fish

Stavanger duo sent in an application for development licenses on Wednesday to build their Hex Box offshore fish farms. Read more about it here: http://www.aftenbladet.no/aenergi/Stavangerpar-gar-fra-olje-til-fisk-535081b.html