What was once considered “Jules Verne science fiction” is now reality: Offshore aquaculture projects are popping up everywhere around the world, according to Neil Sims, co-founder of Kampachi Worldwide Holdings.
Hawaii-based Kampachi itself took nearly 10 years to secure funding for its offshore project, as investors remained sceptical. But now it seems the tide is turning.
Norwegian salmon farmers are increasingly getting on board the offshore wagon due to the need to expand production in the face of increased demand, most notably with SalMar’s large-scale Ocean Farm 1 Unit.
