Company behind huge Nissui-backed shrimp farm secures urgent cash injection as market conditions take disastrous turn

Group exec puts up $3.4 million to quickly bring in other investors.

Ian Trahar, executive chairman of Seafarms Group has taken a growing stake in the company. — Ian Trahar, executive chairman of Seafarms Group has taken a growing stake in the company.IntraFish

Rachel Mutter

Published 27 March 2020, 08:32Updated 30 March 2020, 15:36

Seafarms Project Sea Dragon Shrimp Nippon Suisan Kaisha (Nissui)Australia