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Smart Green Aquaculture Limited will be responsible for leading the project to farm this high-value cold-water species.

Currently, the aquaculture company operates a super-intensive shrimp farm, certified by the Aquaculture Stewardship Council (ASC).

Figures from the Norwegian Directorate of Fisheries shows a drop in pre-tax profitability for 2024 compared with 2023.

The Finnish company's new premium brand, LoHi, is already available in selected LuLu Hypermarket stores in Dubai.

The land-based "industrial symbiosis" aquaculture start-up has secured a 25-year licence for its fish farm in Ånge Municipality.

Also, several training sessions have been held across Latin America to build a strong regional scientific cooperation network.