Aquaculture now accounts for 40 per cent of Australian seafood production, and while Tasmania's salmon industry is booming, there is a new kid on the block.
Australia's biggest barramundi farm is set to get even bigger, after securing a $24.2 million loan from the Northern Australia Infrastructure Facility (NAIF).
The chief executive of ASX-listed Seafarms Group wants to lock in a debt funding package of $150 million by the end of the year so that the first phase of a project to build the world's largest prawn farm can proceed in the Northern Territory.
Species classed as ‘conservation dependent’ under national laws so can be commercially traded despite suffering 90% drop in numbers
Australian farm produce and seafood worth about $3 billion will continue to be exported on special flights until at least the end of the year.
Blue warehou, eastern gemfish and scalloped hammerhead categorised as ‘conservation dependent’ and commercially fished
Chen Dingping does not look happy as he inspects rows of tanks filled with Australian lobsters at one of China's biggest wholesale seafood markets.
The land-based farm, set to be the only the fourth such facility in the world and the first of its kind on Australia, will be built across a 100-hectare site north east of Geelong in Avalon.