AgriMarine Norway, a subsidiary of aquaculture technology company AgriMarine, on Tuesday reached an agreement with Marine Harvest involving a demonstration site using AgriMarine technology to increase salmon production capacity by up to 1 kilogram.
As part of the deal, AgriMarine’s solid-wall, floating closed-containment tank would be tested and adapted for salmon production in Norway.
“We are confident that the letter of intent is the first step in establishing a business relationship with Marine Harvest aimed at the commercialization of AgriMarine’s technology for sustainable aquaculture in Norway,” said AgriMarine President Geir Spiten. “This new project follows previous announcements of two other projects in conjunction with Norwegian salmon companies that aim to demonstrate the economic benefits of the AgriMarine system over conventional cage systems.”
A successful demonstration may result in a definitive agreement with Marine Harvest in the near future, according to AgriMarine.
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