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The state-of-the-art development in Appelcross is the company's flagship hatchery and the UK's largest freshwater recirculating aquaculture system.

The 19.5-metre by 7.5-metre vessel was built by Bute Boat Builders, a Scottish shipyard specializing in maritime and aquaculture vessels.

"Our board has been forced to consider extremely difficult scenarios in order to futureproof the business and secure our remaining staff across Scotland," a Bakkafrost spokesperson said.

Although positive overall thanks to good results in the Faroe Islands, jellyfish and startup issues in a smolt facility in Scotland have weighed down Bakkafrost's results.

Bakkafrost's One Company strategy for producing premium high-quality salmon has materialized in its sales and branding and created extra value.