RAS farm soars in value

Fish Farmer - - News European -

THE land based salmon ven­ture At­lantic Sap­phire in­creased its share value by 35 per cent since the New Year to NOK 5.8 bil­lion (£520 mil­lion), ac­cord­ing to the Oslo Stock Ex­change.

The com­pany is build­ing an RAS (re­cir­cu­la­tion aqua­cul­ture sys­tem) farm in Mi­ami with an even­tual ca­pac­ity of 90,000 tonnes. It will

be the big­gest RAS salmon plant in the world, rear­ing fish on land through­out the life cy­cle.

Last month, the com­pany trans­ferred the first two com­mer­cial batches of fish from the hatch­ery to the start feed­ing unit, said chief ex­ec­u­tive Jo­han An­dreassen.

An­dreassen said: ‘This hap­pened af­ter a tremen­dous ef­fort

from our en­tire team and part­ners. Spe­cial thanks to our part­ner Bil­lund Aqua­cul­ture, here rep­re­sented by founder and chair­man Chris­tian Sørensen that was the first one to give feed to our new­borns.’

At­lantic Sap­phire, which also has op­er­a­tions in Den­mark, ex­pects to start har­vest­ing the fish in the au­tumn of 2020.

Above: Bil­lund Aqua­cul­ture’s Chris­tian Sørensen feeds the young fish

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