Nissui-backed Australian mega shrimp farm forced into administration as Seafarms pulls the plug on funds

The massive undertaking of the world's largest shrimp farm in remote northern Australia has struggled from the beginning. Now its future is in the hands of its stakeholders.

Project Sea Dragon had ambitions of producing 150,000 metric tons of shrimp per year.
Project Sea Dragon had ambitions of producing 150,000 metric tons of shrimp per year.Photo: Project Sea Dragon
Published 14 February 2023, 07:49Updated 14 February 2023, 14:03