Baffin Fisheries, a leading Canadian shrimp harvester, is creating a new seafood trading company to act as a broker for the international sale of its coldwater seafood products.

The Nunavut, Canada-based company in northern Canada announced the launch of Baffin Seafood to coincide with the Seafood Expo Global taking place in Barcelona this week.

Baffin Fisheries harvests more than 10,000 metric tons of Greenland halibut and coldwater shrimp annually.

The Inuit-owned business reinvests profits from the commercial offshore fishing industry to provide economic benefits and opportunities to the communities in which it operates.