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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.

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

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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