Haugesund has a strong historical bond to the sea and especially the herring. In the earlier years, the coastal waters of Haugesund were a huge source for fishing herring, and the town grew accordingly. The protective straits of Smedasund and Karmsund gave the town potential to grow in both fishing and shipping. Even to this day, Karmsund is one of Norway's busiest waterways. The town is still growing geographically even though the population has increased only moderately over the last decade. In modern times the herring stocks have been depleted and the town is turning towards the petroleum industry, like its neighbouring town to the south, Stavanger.
Haugesund has a strong historical bond to the sea and especially the herring. In the earlier years, the coastal waters of Haugesund were a huge source for fishing herring, and the town grew accordingly. The protective straits of Smedasund and Karmsund gave the town potential to grow in both fishing and shipping. Even to this day, Karmsund is one of Norway's busiest waterways. The town is still growing geographically even though the population has increased only moderately over the last decade In modern times the herring stocks have been depleted and the town is turnin.g towards the petroleum industry, like its neighbouring town to the south, Stavanger.