Wednesday, May 18, 2011

AgriMarine expands reach into Norway

AgriMarine Holdings Inc has announced that it has launched the commercialisation of its floating solid wall closed containment technology for fish rearing into Norway. The company has set up a joint venture company under the name AgriMarine Norway AS (AgriNor), with ZED Financial Partners of Toronto and Midos AS of Oslo (collectively the Norwegian JV Partners). AgriMarine will license its technology and know-how to AgriNor and provide technical and financial support.

With commercial scale technology and production established in Benxi, China, the company says it has has proven that its production costs are comparable with industry standards for net cage operators. Under the terms of the agreement, the Norwegian JV Partners will apply for concessions earmarked for closed containment fish farming in Norway, with the aim of establishing a closed containment demonstration facility for the rearing of salmon. Read more ...

This blog is written by Martin Little, The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers
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