Tag Archives: Atlantic Sapphire
A troubled business
The size of the letters in the handwriting on the wall for the Alaska commercial salmon industry just keep getting bigger. Only days after the Bristol Bay sockeye harvest began with processors offering $1 per pound for some of Alaska’s best salmon, Atlantic Sapphire announced it had raised another $100 million-plus in capital to expand its land-based salmon farm in Homestead, Fla. Fish Farmer magazine reported that planned increases in a wealth tax imposed on private fish farmers in Norway helped push considerable Norwegian investment toward the company, but it is becoming increasingly clear that taxes or not there is strong investor belief in the idea that land-based, recirculating aquaculture systems are the salmon production method of the future despite the startup problems some of those farms have faced. >click to read< 10:55
The rise of the land salmon
Damien Claire stands inside an industrial complex on the outskirts of Miami, watching thousands of salmon fry dart this way and that in a circular tank. At nine weeks old, the youngsters are the size of paperclips and learning to feed. Instinctively, they school, turning into a swirling dark ball in the lime green light. Claire wears a bright safety vest and a white hardhat stamped with the logo of the company he works for, Atlantic Sapphire. It’s a brand that pops up frequently these days in seafood industry publications with names like Salmon Business and Intrafish. >click to read< 08:55
Atlantic Salmon fish farm in Florida aims to take over US market
Atlantic Sapphire, the Norwegian indoor salmon fish farm, might have gotten its start in 2010, but the company is heading into the new decade with ambitious goals in the American fish market. Once completed, Atlantic Sapphire aims to produce 100,000 tons of salmon by 2026 and then increase production to 242,000 tons by 2031,, If successful, Atlantic Sapphire would output half of the nation’s current salmon consumption, which falls in line with the National Fisheries Institute’s prediction that Americans will increase their salmon intake. >click to read< 12:30
Tomorrow’s fishery
While fisheries biologists in the north are hard at work crunching numbers in an effort to develop their best guess at how many salmon will return to Alaska next year, Atlantic Sapphire is getting ready to load it first 800,000 salmon eggs into a massive, onshore “Bluehouse” in Florida. A “successful 90-day, on site hatchery trial has validated water quality and local conditions,” the Norwegian company said in a report to shareholders in mid-November.,,, The implications for Alaska commercial salmon fisheries are significant, but those who suggest the growing competition warrants some serious discussion as to how the 49th state retains value in its salmon resources are generally vilified as commercial fishery haters. >click to read<12:27
