Past blogs at “The Truth About Alaska Salmon” have taken a hard-nosed look at some land-based salmon farms that had been heavily promoted by not-for-profit advocacy groups who like to involve innocent investors in their fishy idealogical campaigns.
Land-raised salmon
Of the the four businesses we profiled in our expose, only one remains afloat today, indicating that “not-for-profit” advocacy groups probably aren’t the best financial or business advisors. As one might expect, closures of land-based salmon farming business aren’t as heavily promoted as the openings. Actually, closures are rarely mentioned.
Well, another one just announced it’s “draining the tanks”.
Just nine months after Intrafish Media announced that Langsand Laks, based in Denmark, was supplying the “first land-farmed salmon” to a niche European Union market, does Intrafish announce that same salmon farm is shutting down. If it is to reopen, it will face a complete rebuild.
To remind our readers, we believe in innovative research and business development – it would be great if land-based salmon farming were to be proven viable so we can grow more seafood. We’ve just grown tired of the special interest groups, like Monterey Bay Aquarium’s Seafood Watch, that unjustifiably demarket ocean-raised salmon that sustainably feed a growing population with an affordable, healthy protein, while unabashedly promoting businesses that supply to a niche (elitist, that is) market.
Our land-based salmon farming expose can be read here:
Part 1 – Land-based salmon farms and the fish oil salesperson
Part 2 – Agrimarine: Profits and fish swim away, literally
Part 3 – SweetSpring Salmon: calls for investors to keep afloat
Part 4 – ‘Namgis salmon farm: attracting investors and irritating everybody else
http://www.alaskasalmonranching.com/langsand-laks-land-based-fish-farm-lacks-profit/