Benchmark Genetics has signed a 5-year agreement with AquaCon

Benchmark Genetics has signed a 5-year ova agreement with AquaCon. The contract involves deliveries of genetics to the land-based facilities that AquaCon are planning to build in Maryland, USA. StofnFiskur will supply approximately 40 million ova to AquaCon over five years. The agreement confirms and consolidates Benchmark’s strong position as a genetics supplier to land-based farming worldwide.

Security of supply and competence was crucial

Benchmark Genetics has been producing land-based broodstock and ova in Iceland since the early 1990s. The company has long-standing experience with land-based salmon farming worldwide and share this expertise with their customers. Geir Olav Melingen, Commercial Director at Benchmark Genetics, considers this a clear competitive advantage when selling to new land-based projects. As a leading supplier to land-based farming, we have gradually gained comprehensive experience in securing deliveries to destinations all over the world.

Security of supply was an essential factor for why AquaCon chose the company as a supplier. Pål Haldorsen is the CEO of AquaCon, which currently has a head office in Oslo and shortly plans to go public.

Haldorsen explains that Benchmark Genetics satisfies AquaCon’s requirements for the security of supply, biosecurity and genetic traits adapted to land-based RAS farming: “Our production plan presupposes regular deliveries of ova throughout the year, and Benchmark Genetics has a production model for land-based broodstock that makes us confident that we will receive deliveries following our plans”.

AquaCon visiualized – illustrates one of the land-based salmon facilities planned constructed in Maryland, USA 

Located on the south-west shore of Iceland, our land-based facilities have no other salmon farms nearby. The intake water, both freshwater and seawater, comes from boreholes and is entirely pathogen-free. StofnFiskur’s four farms are approved according to the OIE compartment standard, meaning that the zones around each farm are defined as entirely isolated and protected from external disease threats. As an example, Benchmark Genetics is the only genetics company approved by Sernapesca for export of ova to Chile.

Kalmanstjörn in Iceland

“The unique location and production model makes us confident that we can deliver eggs that have the highest biosafety standard to AquaCon,” says Geir Olav Melingen, Commercial Director at Benchmark Genetics.

Geir Olav also proudly says that all energy used for broodstock and ova production in Iceland comes exclusively from renewable sources. Thus, the production has a relatively low CO2 footprint, even though land-based production is often considered energy-intensive.

Benchmark Genetics strongly believes that significant parts of the future growth in salmon farming will come from land-based production. Therefore, the company has developed production concepts and products that are adapted to the specific needs of this part of the industry.

“The genetic weighting of growth and quality traits forms the foundation of our product, SalmoRAS4 +. Besides, we have also developed methods in the production of broodstock that produce offspring that will not become sexually mature. This means that the operations like AquaCon can produce at higher temperatures to optimize growth”, says Geir Olav.

“We, therefore, have great faith that land-based farming in the future will be competitive on production costs compared to traditional sea-farming”, Geir Olav concludes.

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