AQUACULTURE
We believe that aquaculture growth can and should be done in a sustainable manner
Aquaculture Business Model
The Simply Blue Aquaculture model is based on the delivery of turnkey solutions for new low impact salmon farm structures. We bring new technology, new business models and new capital to salmon fish farming.
We consent, develop, fund and install the chosen infrastructure on the site so that the farmer partner can take over a completed system. This allows the partner to concentrate on the husbandry of their fish whilst we develop their new farms or retrofit existing sites.
Long term is one approach that can enable the salmon farmer to lease the farming systems if they do not wish to buy them
Our Projects
Simply Blue Aquaculture works with Scottish EPC contractors and international finance parties to deliver complete salmon farms, starting with low impact salmon farms projects in Scotland.
New technology will include the introduction of low impact farming solutions that address environmental issues such as farm waste and sea lice. These solutions could be semi-closed systems inshore or more robust open systems in the offshore. They will be systems that reduce and work with regulatory constraints, opening up more sites for salmon farming or upgrading existing sites. The first of these projects is Loch Long Salmon.
Aquaculture Potential
Aquaculture, the farming of finfish such as salmon and trout, shellfish and seaweed, is set to grow considerably in the coming decades.
In Scotland 2.6 million tonnes live weight of Atlantic salmon was farmed in 2017 but marine aquaculture accounted for only 37.5% of all farmed food fish production in 2018. The United Nations reports that 31.4% of the world’s wild fish stocks are being over fished and another 58.1% have already been fully fished (FAO, 2016).
Aquaculture can meet the need for more sustainably sourced fisheries and the demands of a growing and more affluent world population. There has already been a 527% rise in global aquaculture production from 1990 to 2018 (FAO) and the UN report referenced above predicts the supply of farmed fish will overtake that of wild fish by 2021.