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MAXIPLAN SIGNED

Cultivated barnacle offspring – the solution for realizing marine aquaculture growth

Total Cost €

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EC-Contrib. €

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Partnership

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 MAXIPLAN project word cloud

Explore the words cloud of the MAXIPLAN project. It provides you a very rough idea of what is the project "MAXIPLAN" about.

streamlined    cumulative    barnacle    aquaculture    optimising    wild    stage    worth    yields    930    maxiplan    fatty    amounts    farmed    select    alone    slashes    barnacles    hatchery    saves    survival    cut    industry    disease    farming    carbon    hopes    investment    superior    5m    nutrition    2015    commercialise    seafood    bioavailable    revolutionise    asia    shrimp    feed    cultivate    worldwide    save    create    2025    2027    high    cultivation    offspring    43m    times    player    larval    feeding    refined    launch    american    roll    100    expand    finfish    return    yield    infection    market    marine    commercial    7bn    quality    costing    direct    unlock    75    650m    commercially    revenues    co2    hindered    global    metric    2011    meet    supports    pinned    crustacea    9bn    larvae    sufficient    pacific    pilots    south    demand    rising    live    met    profits    eq    sales    sustainable    economic    4bn    250    radical    lost    network    385    share    big    distributors    footprint    supply    acids    26m    self    industrial    partly    hatcheries   

Project "MAXIPLAN" data sheet

The following table provides information about the project.

Coordinator
PLANKTONIC AS 

Organization address
address: BYNESVEIEN 48
city: TRONDHEIM
postcode: 7018
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Norway [NO]
 Total cost 2˙170˙718 €
 EC max contribution 1˙519˙503 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-08-01   to  2021-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PLANKTONIC AS NO (TRONDHEIM) coordinator 1˙519˙503.00

Map

 Project objective

High hopes are pinned on aquaculture to meet rising worldwide demand for quality seafood. EU aquaculture was worth €4bn in 2015, but it has recently lost global market share. This is partly because commercially-farmed marine finfish have complex larval feeding needs that are not met today. The global market for farmed shrimp is also hindered by low hatchery phase survival and disease costing €7bn in Asia-Pacific alone in 2011-2. Larval nutrition must improve to unlock sustainable economic production and increase yields.

The offspring of common barnacles are an important feed for marine larvae in the wild. Optimising our radical new system to cultivate large amounts of barnacles, we will commercialise our superior live feed based on barnacle offspring, MaxiPlan. This supports crucial early-stage larval development of marine finfish and crustacea in aquaculture. MaxiPlan slashes infection and saves each hatchery up to €5.5m / year. With a 250-times higher level of bioavailable marine fatty acids, MaxiPlan will revolutionise larval nutrition. It increases growth by up to 75% and survival by 100% or more. Large-scale pilots will be at a commercial EU marine finfish hatchery and a big player in the South American shrimp farming industry.

Refined barnacle cultivation and streamlined production will let us supply MaxiPlan at large-scale. We will expand our direct sales network in the EU marine finfish aquaculture sector and work with select distributors to supply shrimp hatcheries worldwide. Commercial roll-out will yield €43m cumulative revenues and €26m profits in the 5 years after launch up to 2025. We will reach a 930% return on investment, save the global marine aquaculture sector €650m, and cut 385 metric tonnes of CO2 (eq) from the industrial carbon footprint of European aquaculture by 2025. The MAXIPLAN project will support sustainable and self-sufficient seafood production and help create a new €2.9bn shrimp aquaculture market in Europe by 2027.

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The information about "MAXIPLAN" are provided by the European Opendata Portal: CORDIS opendata.

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