Tassal Group Limited announced it is entering a joint venture with Petuna, through its wholly owned subsidiary, Tassal Operations Pty Ltd, to cooperatively manage marine farms in Macquarie Harbour, setting a new benchmark in aquaculture biosecurity standards in Tasmania.
Under the joint venture, each company will continue to own its own leases and its own fish and fish infrastructure, whilst a joint operational management committee will oversee the strategic management of the leases, with strong expectations of delivering better biosecurity and environmental outcomes among other benefits. Tassal employees will continue to work in the Harbour with the joint venture.
Tassal Managing Director and CEO Mark Ryan said the joint venture reflects positive international practices in biosecurity.
It also reflects the principles outlined in the Tasmanian Government’s Salmon Sustainable Industry Growth Plan, which encourages improved area management planning.
“The joint venture will provide important benefits for aquaculture in Macquarie Harbour. The joint management and utilisation of our marine leases will allow better fallowing and separation of year classes of fish, which will significantly enhance the wellbeing of fish, as well as the environment and biosecurity in the Harbour.”
Mr. Ryan said the company was committed to sustainable farming in Macquarie Harbour, as well as other regions.
“The joint venture with Petuna is an important and positive step, demonstrating the benefits of industry working together to improve farming sustainability and effectiveness,” he said.
“All parties interested in the salmon industry have been strongly advocating for improvements to biosecurity for some time, and we believe this joint venture is a positive step forward for the industry.
“The joint venture will improve job security for the local workforce in Strahan, and with job growth anticipated for our South-East operations, other employees will have job opportunities and security from our existing operations.”
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