On Tuesday, Royal Greenland, the world's largest supplier of coldwater shrimp, posted strong earnings for the first half of the year, driven by sales of prawn, halibut and cod.

The company's net profit for the first six months of 2022 amounted to DKK 81 million (€10.9 million/$10.9 million), compared to DKK 58 million (€7.8 million/$7.8 million) for the same period last year. These strong results, however, were undermined by an unusually poor market in North America for snow crab.