Free Port at Fuglafjørður

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BergfrostBergfrost, the safest and largest cold store in the Faroe Islands has obtained a permanent license to offer Foreign-Trade Zone services for goods destined to non-EU countries.

Advantages of using Fuglafjørður’s Bergfrost for cold storage in the Faroe Islands are highlighted in recent upgrades to the facility, including a permanent license acquired from the government authorities to offer Foreign-Trade Zone services. The license, received in early 2010 from the Food and Veterinary Agency to accommodate so-called ‘non-conform’ products destined to countries outside of the European Union, enables Bergfrost to give its clients the opportunity to use a designated area in the company’s facility for duty free warehousing up to a year per consignment.

According to managing director Símin Pauli Sivertsen, the Foreign-Trade Zone license broadens the reach of Bergfrost’s services, with special relevance for Eastern European freezer trawlers and reefer ships.

“Exporters are always looking for the least expensive or most cost effective means of handling their shipments,” Mr. Sivertsen said. “Quite a number of vessels from Eastern Europe carry frozen goods destined for markets beyond the EU. We have the infrastructure needed to take care of the goods on behalf of them, and we have the necessary skills, professionalism, and dedication. Using our facility for transshipment can be an attractive option in many cases.”

Located in a mountain tunnel at the Fuglafjørður harbor — insulated by enormous layers of rock and exceptionally well protected — the 29,000 cubic meter Bergfrost facility offers unmatched operational stability. As the largest and doubtlessly the safest cold store in the Faroe Islands, Bergfrost is serving clients from mostly Nordic and Eastern European countries, as well as EU countries such as Germany and the Netherlands.

In a recent upgrade to the facility, inner entrances to the cold store have been refurbished to enhance temperature control while walls have been coated to improve appearance.

As well as short and long term storage of frozen goods, Bergfrost services include stevedoring, forwarding, customs clearance, and more. In the immediate vicinity of the mountain tunnel, the Cold Quay accommodates unloading and loading of ships with a draft up to as much as 12m. Bergfrost’s sorting hall and office building at the quay facilitates sorting, warehousing of drygoods, and management services. The hall houses a Border Inspection Point (BIP) for transfer of third-country goods into the EU.

“We offer a wide range of services related to cargo handling,” Mr. Sivertsen said. “This is supported by the fact that Fuglafjørður is an international maritime center with key offerings for pelagic fishing vessels, freezer trawlers, and tankers and freighters. The fact that the Faroes are located along major sea lanes further puts it into perspective.”

 

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


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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.

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