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Grieg's project using Aqua Maof's advanced solution for indoor fish production. (Image: AMG)
Grieg to set up largest indoor Atlantic salmon farming facility in Newfoundland
(CANADA, 9/28/2016)
Grieg NL has selected of Aqua Maof Group's subsidiary AMG Norway to build its state-of-the-art indoor hatchery and nursery facility in Marystown, Newfoundland.
The advanced re-circulating aquaculture system (RAS) facility that will incorporate Aqua Maof’s proprietary is expected to start construction in 2017 and will imply an estimated investment of CAD 60 million (USD 45 million).
“We are happy and honored to be chosen by Grieg NL to build the world’s most advanced RAS facility that leverages both our company’s technology and aquaculture experience. Indeed, our advanced solution for indoor fish production is sustainable, environmentally responsible (green) and cost efficient,” pointed out Aqua Maof CEO David Hazut.
The facility is expected to produce 7 million smolt ranging up to 1500 grams. Grieg NL will stock 11 sea-cage sites for the subsequent grow out and harvest of 33,000 annual tons of Atlantic salmon. The overall project investment is estimated at CAD 200 million (USD 151 million).
This construction will join other advanced RAS facilities around the world that the company has built and deployed using the company’s technology platform, which are demonstrating impressive production results.
In addition to the Newfoundland facility, Aqua Maof is in the advanced planning process for 7 more facilities in locations across the globe. About 70 per cent of the planned future facilities will be dedicated to salmon, leveraging Aqua Maof’s proprietary technology and efficient cost of production.
One of these advanced facilities will facilitate bluefin tuna broodstock spawning for an associate company’s fingerling production.
The project developers informed that once the hatchery is completed, the construction of the grow-out sites will be set to begin as well.
The companies expect the facility’s annual production to reach 33,000 tons by 2023, which will be more than double Newfoundland and Labrador's current production of Atlantic salmon.
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Information of the company:
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Address:
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C. Sundtsgate 17/19, P.O.Box 234 Sentrum,
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City:
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Bergen
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State/ZIP:
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(N-5804)
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Country:
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Norway
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Phone:
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+47 55 57 66 00
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E-Mail:
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[email protected]
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