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MAXIPLAN SIGNED

Cultivated barnacle offspring – the solution for realizing marine aquaculture growth

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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.

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

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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