RAS farm soars in value
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