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Aker QRILL Company to expand fishing fleet

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Aker QRILL Company - a key supplier of krill-based ingredients to the aquafeeds industry - has announced the resumption of a project to expand its fleet with the construction of its fourth fishing vessel.

Aker QRILL Company fishing vessel.
Aker QRILL Company hopes to secure its position as a leading supplier of krill to the aquafeed industry

© Aker QRILL Company

Aker QRILL Company, which was recently divested from Aker Biomarine, has announced an agreement with Tersan Shipyard to construct its fourth krill fishing vessel. The agreement involves the purchase and rebuild of a project which was cancelled 18 months ago, with the goal of securing the company's position as a supplier of raw ingredients to the aquafeed industry.

The agreement marks a milestone for both companies. For Aker QRILL Company, the new vessel is a vital step forward in its mission to strengthen its position in the krill industry. For Tersan Shipyard, the agreement finds a buyer for a vessel that was essentially completed in 2023.

“This partnership represents an ideal solution for both parties. Adding a fourth vessel to our fleet is crucial for our success as we enter the next phase of growth and development. Equipped with the latest and most advanced technologies, this vessel will bolster our ambition to maintain our leadership position in the krill industry," said Webjørn Barstad, CEO of Aker QRILL Company, in a press release.

The ship will undergo significant rebuilding and customisation to meet the specialised requirements of a krill fishing vessel, creating several important contracts for Norwegian maritime suppliers and further strengthening the company’s ties to local expertise and innovation. The project will also make use of recent significant advances in the use of alternative fuels.

“We are glad to finally find a solution to a challenge we have been working hard to solve. This partnership provides valuable opportunities for both parties, and we are grateful for the chance to complete and deliver this vessel. Partnering with Aker QRILL Company, the global leader in sustainable krill fishery, aligns perfectly with our vision of innovation and excellence," said Ahmet Paksu, Vice President of Tersan Shipyard.

The vessel will operate under a Norwegian fisheries license in the CCAMLR krill fishery starting in the third quarter of 2026.

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