Clean Seas, the largest yellowtail kingfish producer outside of Japan, now has a clear path to increase production to 10,000 metric tons in the near term, with total potential of 30,000 metric tons.

The Australian company, which supplies 98 percent of Australia's kingfish consumption and 35 percent of Europe's consumption, says it now has the scale, market reach, balance sheet and available license capacity to deliver on its goal of a threefold increase in production.

In an update to the market, the company announced record sales for the year through May, up 37 percent in value and 21 percent in volume.