Norway Royal Salmon (NRS) is setting itself a milestone production target of 70,000 metric tons once its innovative new salmon farming projects come online.

The company has been granted eight development licenses for its Arctic Offshore Farming project -- equaling around 5,900 metric tons in maximum allowed biomass (MAB) -- which will be designed to cope with more harsh, exposed environments for salmon farming.

The project is currently in the design and testing phase, but NRS is targeting 2020 for the stocking the fish in the operation.