Hauge Aqua Solutions has officially launched “The Egg,” the world’s first floating fully closed-containment system for producing salmon.

The Egg stands at 21 meters tall, is 15 meters wide and will hold 100,000 salmon when it enters full production this summer in Romsdalsfjord, near Molde in northwest Norway.

The system represents a potential solution to the major problems facing the salmon farming industry, including sea lice, escapes, organic sludge and efficient use of farming areas, said Hauge Aqua Solutions.