X hits on this document

Powerpoint document

Can the oceans keep up with the Hunt??? - page 11 / 29

72 views

0 shares

0 downloads

0 comments

11 / 29

MAJOR CHALLENGES to open ocean aquaculture development

Obtaining sufficient start-up capital investment

New and developmental technology, the risk of uncertainty associated with operating in exposed open ocean locations, lack of operational experience, and high capital start up costs make estimating profitablity and securing financing difficult for new OOA companies.

High maintenance costs b/c of offshore location

Proponents say that without some form of long-term leasing of water surface, water column, and seabed, OOA will have significant problems in securing capital from traditional funding sources, insurance,

(refer to National Offshore Aquaculture Act of 2007)

For development to occur one must accept that open ocean aquaculture is “big science” along the lines of atomic/nuclear physics research

Seeking and promoting partnerships with other industries

Document info
Document views72
Page views72
Page last viewedTue Dec 06 16:06:28 UTC 2016
Pages29
Paragraphs128
Words1147

Comments