Weekly Overview: Breakthrough for Commercial Rock Lobster Production

12 October 2016, at 1:00am

GLOBAL - Researchers at the University of Tasmania, Australia, have made a breakthrough in the commercial production of rock lobster, successfully closing the lifecycle and developing unique aquaculture systems for mass production of lobster seed stock.

“This world leading science, developed from over seventeen years of lobster research, has significantly reduced disease, shortened larval duration, and overcome long standing density and metamorphosis challenges," said the Director of the research programme, Associate Professor Greg Smith.

“While further research will optimise commercial benefits and allow us to scale-up, we have demonstrated our hatchery process in mass rearing tanks which can annually produce tens of thousands of juveniles suitable for stocking commercial grow-out facilities.”

“This breakthrough has created exciting commercial opportunities for Australian companies interested in establishing rock lobster aquaculture ventures."

In other news, the Thailand-based leading seafood supplier Thai Union Group has made a $575 million strategic investment in Red Lobster, the world’s largest seafood restaurant company.

“This investment marks a strategic step to build Thai Union’s direct-to-consumer channel, and will enable us to benefit from the extensive restaurant industry expertise of both the Red Lobster management team and Golden Gate. We have worked closely with Red Lobster for over two decades and are highly supportive of the strategy Red Lobster has implemented under Golden Gate’s ownership,” said Thiraphong Chansiri, CEO of Thai Union Group.