A new report by Rabobank, published this week, warns that the growth of Norway’s salmon farming sector is extremely vulnerable to the resource rent tax proposed by the government.
Norwegian salmon farmers have enjoyed a decade of unprecedented profitability, but plans to introduce a 40 percent resource rent tax on the sector - combined with the emergence of new systems for growing salmon in different regions - could undermine the volume…
This year has been particularly notable for the emergence of the seaweed sector, according to Harrison Karisa, senior aquaculture specialist at the World Bank, which has over $9 billion relating to the ocean portfolio.
The environmental impacts of aquaculture are often in the spotlight. The need for sustainable practices is now firmly embedded in the minds of the public, governments and industry – but this sometimes presents trade-offs in fish welfare.
Stronger and larger aquaculture units and enclosed set ups could be the next stage of aquatech, according to a review of Norway’s development license scheme for Atlantic salmon.
A new project that aims to investigate growing kelp and mussels alongside offshore wind turbines – as well as researching the potential for artificial reefs – has been awarded a NOK 84 million (£7 million) grant.
A British startup and its Chilean strategic ally are in the process of developing a 174 metre mobile fish farm that could be capable of producing up to 5,000 tonnes of salmon per cycle.
Although Tunisia has a relatively undeveloped aquaculture sector, it has huge potential – with 1,350 kilometres of Mediterranean coastline, a maritime domain of over 80,000 square kilometres and seven lagoons covering 100,000 hectares.
As their first kanpachi harvest approaches in Panama, Bill Bien, CEO of Forever Oceans, outlines their bold – yet environmentally sensitive – plans to grow.
