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CSIRO Salmon cages. Australia's aquaculture industry has an annual value of more than $600 million and is expanding at the rate of 20% per year. Aquaculture in Australia is the country's fastest-growing primary industry, accounting for 34% of the total gross value of production of seafood.
Tassal is a Tasmanian-based Australian salmon farming company founded in 1986. It was listed on the Australian Securities Exchange (ASX) from 2003 until 2022. Tassal is the largest producer of Tasmanian grown Atlantic salmon, supplying salmon to both domestic and international markets.
Aquaculture involves cultivating freshwater, brackish water, and saltwater populations under controlled or semi-natural conditions and can be contrasted with commercial fishing, which is the harvesting of wild fish. [2] Aquaculture is also a practice used for restoring and rehabilitating marine and freshwater ecosystems.
The highest value fish in South Australia's seafood sector, and its major export earner, is the Southern bluefin tuna. Market competition for South Australian tuna comes from fish farms in the Mediterranean. [1] The primary market for Southern bluefin tuna is Japan and smaller markets exist in South Korea and China.
Australian Tuna Fisheries Pty Ltd was founded by Hagen Stehr and registered in 1963. [1] In the year 2000 it was renamed The Stehr Group and established Clean Seas. [2]The company successfully controlled the life-cycle of the Yellowtail kingfish and invested substantial research and development effort in trying to achieve the same for the Southern bluefin tuna from 2005 onwards.
Cooke Inc. (also known as Cooke Seafood or Cooke Aquaculture) is a Canadian multinational seafood company based in New Brunswick, in which it is headquartered in Saint John. Founded in 1985 as a family-ran salmon farm in Blacks Harbour , Cooke stands as the largest privately held seafood company globally.
A short lived aquaculture course was offered by Curtin University in Esperance from 2003 and ceased in 2006 due to a lack of enrollment. [1] In 2006-2007 the ASX-listed company Western King Fish Ltd invested $8 million in aquaculture projects at Jurien Bay including a Yellowtail Kingfish venture. The company went into receivership less than 18 ...
Huon Aquaculture is a large aquaculture and food processing enterprise located in Tasmania, Australia. Founded in 1986, Huon has grown to become the second largest salmon producer in the state, after ASX -listed Tassal ; it employs 487 Tasmanians and produces 25,000 tonnes of salmon annually. [ 2 ]