The expansion will commence in early 2021 and will more than double the current installed capacity.
The company continues to make progress on the design and engineering work for its third farm with an expected total build cost in the range of $140 to $175 million.
The annual production of the Glyvradal hatchery is expected to increase to 4 million smolts when the expansion project is completed.
A partnership of Dutch companies active in the aquaculture sector named FishTechIndonesia invested in two RAS farms in Indonesia that will act as demonstration facilities.
The project is part of the agreement with Nordic Aqua Partners in which AKVA is the technology supplier for the RAS facilities to be built in China.
The company will evaluate the effects of hyper-antioxidant technologies on oxidation and fish health in RAS at the Marineholmen RASLab, in Bergen, Norway.
The company aims to contribute to the tilapia production industry detecting pathogens and leveraged $500,000 to improve the sanitary diagnosis in tilapia.
Nofima scientists studied the effect of LED light on salmon performance in RAS and found that the existing lighting conditions appear to be safe in terms of growth and mortality rates.
The company’s patented raceway system will produce 500 tons of olive flounder per year and will be the first of a series of plants in the Republic of Korea and the surrounding countries.
Sundew ApS raised funds to bring its first product, which addresses white spot disease outbreaks in fish and was developed under the EU ParaFishControl project, to the market.
Touchlight Genetics and Stonehaven Incubate formed Touchlight Aquaculture, which will allow accelerated commercial scalability of DNA vaccines in the aquaculture industry.
Only a few RAS suppliers have long-term experience in the design, construction and operation of modern land-based fish farming in this region, AKVA group being one of them.
The phage therapy was developed by CIBA using bacteriophages for the biocontrol of bacterial diseases, particularly vibriosis, in shrimp hatcheries.
With the new protocol, the time between obtaining the gametes and in vitro fertilization is less than 30 minutes so that the deterioration of the gametes is less and the fertilization rate increases, as well as the viability of eggs.
Virbac acquired the tilapia vaccines range of Ictyogroup that will continue to develop new vaccines and formulations for tilapia for Virbac’s AquaDivision and aquatic animal health business.
The next-generation tank design features an improved oxygenation system, which allows approximately 50% more fish to be raised in the tanks and makes the transport of fish more convenient.
The company invested in Universal Aquaculture that developed an indoor farming facility that combines RAS technology with biofloc in a hybrid biological recirculation system.
With an initial focus on marine-based and sea cage products, the companies will also work on future land-based solutions.
Scientists determined that salmon post-smolts tolerate a similar level of ozone in brackish water as they do in freshwater.
Xelect introduced a new kind of due diligence service for aquaculture to give potential investors or purchasers access to a whole new level of information about the value of the companies they are interested in.