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Bilateral agreement sees UK secure £5 million worth of fishing quotas in Faroese Waters this year, including cod, haddock and saithe.

One of the proposals consists of how to proceed if more than 12 Faroese vessels apply for permission.

Norway can fish parts of its quota in the UK's economic zone, for example, the waters around Shetland.

The ISA virus has been found in two pens at farming site A-19 Vágur, which houses a total of one million fish.

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.

Its salmon hatchery Futaklettur completed the certification process at the end of February.