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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.

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

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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