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Cod Farming Taking Off

NORWAY - Norway has been experimenting with codfish farming since the 1980&#39;s, and now they&#39;re pulling out all stops. </b> <br><br> <em>Intrafish</em> reports that last year, farmed cod production in Norway topped 13 million pounds, a figure that is projected to double this year. <br><br> In its move to become the world&#39;s farmed cod king, producers are gathering capital to expand quickly. <br><br> Grieg Company of Bergen last week generated $26 million in a first initial public stock offering (IPO) to back cod farming, Intrafish said. <br><br> Scotland is also experimenting with large scale organic cod farming. <br><br> <em>Source: Laine Welch - SiteNews <br><br> <font size=&quot;1&quot;>Laine Welch has been covering news of Alaska&#39;s seafood industry since 1988. Her Fish Factor column appears weekly in over a dozen papers and websites. Her Fish Radio programs air on 27 stations across Alaska.</font></em>

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