Icelandic salmon farming group Arctic Fish, half-owned by Norway Royal Salmon, received salmon licenses in Arnarfjordur.
The new licenses give the company rights to produce 4,000 metric tons of salmon at the site.
Arctic Fish's maximum allowable biomass (MAB) is now 27,100 metric tons, with 21,800 metric tons in salmon licenses and 5,300 metric tons in trout licenses. The company's trout licenses are in the process of being converted to salmon licenses.
With the new Arnarfjordur license, the producer can now operate in all fjords available for fish farming in the country's Westfjords region.
Last month, Arctic Fish lost 3,000 metric tons of large-sized fish that were ready for market in a huge mortality event.
Losses are estimated at around NOK 106 million (€10.5 million/11.9 million). The company expects a 22 percent reduction in 2022 harvest volumes to 10,100 metric tons.
The highest mortalities occurred in cages with the highest average weight and are thought to have been caused by circulation problems, suboptimal gill health conditions and heart and skeletal muscle inflammation (HSMI), which is endemic in Iceland.
Limitations on harvesting capacity increased the loss for the company, both as a preventive measure and to reduce the loss when the situation occurred.
