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aquaculture

Oct 28, 2020
Land deal paves way for major prawn farm expansion

Land deal paves way for major prawn farm expansion

Seafood company Tassal Group is buying a 1300ha property neighbouring its Proserpine prawn farm with an eye to further expansion. The $7 million deal to buy Billy Creek is expected to pave the way for an enlarged prawn farming precinct in the area. Tassal has already received regulatory approval for 450ha of prawn ponds at… ...

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Oct 16, 2020
Cash splash for tropical aquaculture plans

Cash splash for tropical aquaculture plans

James Cook University has welcomed the State Opposition’s election commitment of $67 million for its proposed Tropical Aquaculture Accelerator. It says the initiative is expected to support $2.6 billion in gross regional product and create more than 11,000 jobs by 2035. The Accelerator, to be based at JCU’s Douglas campus, will combine the university’s expertise… ...

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Jul 28, 2020
Prawn projects to generate CQ jobs feast

Prawn projects to generate CQ jobs feast

The Mackay-Whitsunday region is building its standing as a major Australian aquaculture hub with $257 million of investment by Tassal Group set to create up to 1000 jobs. An $85 million expansion program is underway at Tassal’s Gregory River Prawn Farm north of Proserpine. Premier Annastacia Palaszczuk said today that approvals for Stage 4 were… ...

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May 29, 2020
Aquaculture potential highlighted

Aquaculture potential highlighted

The aquaculture industry in northern Australian is about to hit its straps. A recently released report forecasts a five-fold increase in production to more than $1.34 billion within the next decade. That’s in proportion to the current volume of fish, prawns and other seafood products. The report has been written by the Cooperative Research Centre for… ...

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May 29, 2020
Boost for barra farm expansion plans

Boost for barra farm expansion plans

Expansion plans at a North Queensland barramundi farm are among 14 Queensland projects to attract Rural Economic Development (RED) grants of up to $250,000 for business growth. Mainstream Aquaculture at Mourilyan Harbour is expanding to produce 3000 tonne of 4kg barramundi fish a year and develop a hub for production and processing. Agricultural Industry Development… ...

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Aug 20, 2019
Major expansion planned for Proserpine prawn farms

Major expansion planned for Proserpine prawn farms

Tassal Group has acquired Exmoor Station in Central Queensland for about $25 million as it boosts aquaculture activities in the region. The company also announced today that it plans to invest $85 million in expanding operations at Proserpine and on implementing Smart Farm initiatives at Mission Beach, Yamba and Proserpine farms. It has launched a… ...

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Apr 26, 2019
State help for $100m aquaculture project

State help for $100m aquaculture project

A $100 million aquaculture project 40km north of Bowen has been granted prescribed project status by the Queensland Government. Pacific Reef Fisheries proposes to construct 259 one-hectare aquaculture ponds, 1.5 metres deep on a total site area of about 768ha. The prawn farm project will also include: 11.3 ha seawater storage pond (370 mL storage… ...

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Jan 31, 2019
Rockhampton in line for aquaculture development

Rockhampton in line for aquaculture development

Rockhampton Mayor Margaret Strelow has welcomed the State Government’s focus on the region’s potential for saltwater aquaculture development. Casuarina Creek and Raglan Creek have been identified by the Department of Agricultural Industry Development and Fisheries as being suitable for aquaculture projects. Cr Strelow said research into aquaculture was one of the council’s core undertakings ...

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Jan 30, 2019
Tassal has big plans for Proserpine prawn farm

Tassal has big plans for Proserpine prawn farm

Australia’s largest aquaculture company plans to invest more than $30 million in rehabilitating and developing a prawn farm in Proserpine. Tassal, which acquired the site in 2018, said local suppliers and contractors would be a key focus for the company. Head of engagement for Tassal, Barbara McGregor, said civil works tenders had been received and… ...

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