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Acuicultura Cádiz's new facility is expected to become one of the main production centers for Seriola dumerili (yellowtail) in Spain.

It is a very versatile product that can be transformed and used in numerous recipes and has a very good nutrient composition.

“This is a win for Maine and the United States with regard to seafood production,” said The Kingfish Company CEO, Vincent Erenst.

Academia and the industry met at a seminar at the University of Almeria to discuss the future of farming this species in Spain.

The company has already begun preparations for the ambitious Phase 2, which will expand its facilities in El Puerto de Santa María, Cádiz, to 47,000 square meters.

Yumbah Aquaculture has proposed a merger with fellow Australian aquaculture company Clean Seas Seafood.