Norwegian fish farmer SalMar Aker Ocean said trials of its offshore salmon farm Ocean Farm 1 underscore the potential for widespread deployment as executives scour the world's oceans for future sites.

"We have experienced strong growth, low mortality and high quality fish, and costs on the same level as the best coastal location," Salmar Aker Ocean CFO Trine Saether Romuld said during the recent IntraFish Seafood Investor Forum in New York.

SalMar Aker Ocean has already completed two successful production cycles totaling more than 10,000 metric tons of salmon using the production facility Ocean Farm 1 in an exposed area off the coast of central Norway.