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This is the recommendation of marine scientists although the final quota will be set by the Norwegian-Russian Fisheries Commission.

The total harvest volume of salmon and trout rose by almost 7,000 tonnes compared with the same period last year.

The two Nordic fishing nations have reached a formal agreement on fishing opportunities and quotas for 2024.

The deal, Norway's largest and most important bilateral fisheries agreement, is seen as vital for preserving key fish stocks in the Barents Sea.

The company has reported a 61% revenue increase during Q4 2023 and a 58% in earnings for the entire year.

The two also signed a tripartite agreement with the United Kingdom on quota setting and management of common stocks in the North Sea.