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The move follows the Norwegian fish handling specialist's delivery of solutions to Samherji Fiskeldi’s Salmon Garden project.

According to the Icelandic fisheries and aquaculture industry directory, the increase is entirely attributable to salmon farming.

The Norwegian Group will coordinate, integrate, and oversee the performance of the electrical infrastructure across Samherji's facility in Reykjanes.

The European Investment Bank financing will be channelled through Iceland’s Arion Bank to support certified marine businesses in Iceland, Greenland and the Faroe Islands.

Published yesterday on the government's consultation portal, the draft of Iceland's new aquaculture law will be open for comments until January 27.

Part of the executive management team at Icelandic salmon producer Kaldvík, Ólöf Helga Jónsdóttir leads the company's support divisions.