Offshore Finfish Aquaculture: Global Review and U.S. Prospects

Author:

CEA Consulting

Publication Year:

2018

Citation:

CEA Consulting. 2018. "Offshore Finfish Aquaculture: Global Review and U.S. Prospects"

Description:

This report provides a global review of finfish aquaculture occurring in waters more than three miles from shore. It describes the relatively nascent status of the industry and addresses economic factors that impact the profitability of facilities operating in open ocean conditions, including labor and capital costs, species value, the role of subsidies, and proximity to high-end markets. Their findings suggest that offshore finfish aquaculture will remain more expensive than nearshore marine aquaculture. The report also discusses how economic factors may impact growth of a United States industry.

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