Salmon fingerlings
Adobe Stock
Taste of BC Aquafarms Inc., a wholly-owned RAS subsidiary by the sustainable seafood company Blue Star Foods Corp., has partnered with Miracle Springs to supply a "substantial" quantity of fingerlings.
In more detail, the Canadian-based company will deliver (subject to permits), 1,250 kilograms of fish consisting of 750 kg of 100-200 grams & 10,000 50 grams of fingerlings. This translates to a savings of between 2 and 5 months in the growth cycle per respective lot.
Additionally, Miracle Springs will continue to supply 10 to 20 thousand fingerlings during the first and second quarters of 2025 and 20 thousand (50 grams) fingerlings every 2 months starting the third quarter of 2025.
Through this contract, valued at CAD$200,000, Taste of BC's production will grow to 200 tons of Steelhead salmon in 2025 and 2026. Thus, revenues will reach CAD$2.315 million, according to Blue Star Foods Corp.
The main purpose of Taste of BC is to support a greater biomass by reducing the cost of liquid oxygen (LOX) by 40% while also improving the quality of farm water.
"Through the modularization of our proven operational methodology, Taste of BC is well-positioned to scale operations and meet the ever-increasing demand for sustainable, high-quality aquaculture products," Blue Star Foods statement reads.
Taste of BC Aquafarms Inc. is a family-operated company located in Nanaimo, British Columbia, Canada. Since 2010, the company has operated the oldest continuously operating RAS system full grow-out salmon farm in North America.
Also, their "Little Cedar Falls" brand steelhead salmon has been on the market since 2013, considered now as a premium land-grown, sustainable salmon. The Company is a member of Ocean Wise. In the second quarter of 2022, Taste of BC hatched its first batch of Chinook Salmon.