Plagued by thieves and water contamination, owners of the marine shrimp farm Trans-Global Aquaculture Limited have placed the company in liquidation after a dozen years of fighting to stay afloat.
Trans-Global, whose operation sits at the mouth of the Rio Minho in Clarendon, says it has suffered from theft of both equipment and its stock since inception.
The Jamaican operation is owned by an American company, Trans-Global Products Inc, which poured USD 6 million (EUR 4.4 million) into the company at start-up to sell shrimp to markets in the United States, Canada, Taiwan, Japan and Europe.