Summary Future industry Forum 2019
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Land based Fish farming
Land based fish farming

The forum in short
20 hand-picked leading industrialists, entrepreneurs and other representatives of the future value chain took part in a 24-hour summit led by moderator meteorologist and climate expert
Tone Bekkestad. Three Key note addresses approaching the topic from different angles laid the foundation for the discussion.

Max Troell, Associate Professor, Senior lecturer at The Beijer Institute of ecological economics, Stockholm Resilience Center, Stockholm University
Topic: Global perspective on foods and the role of aquaculture for sustainable growth.
Max Troell is an Associated Professor and holds a dual research appointment between Stockholm Resilience Centre (SRC) and the Beijer Institute of ecological economics. Dr. Troell is a world-leading scientist in aquaculture research, with experience spanning Asian, South America and African systems. His work pointing to the possibilities and challenges of sustainable farming been published in Nature, Science, PNAS, Global Environmental Change etc. and has received as much attention in science as policy fora.

Dag Sletmo
Topic: Fish farming as a sector; its current situation and its future.
Dag is an industry analyst and client advisor in DNB Seafood. DNB is the worlds largest seafood bank and does business with 17 of the 20 largest salmon farmers globally. DNB is involved through the enitire seafood value chain on several continents.

Thue Holm, Recirculation Aquaculture Expert, CTO & Co-founder, Atlantic Sapphire
Topic: Pioneering Bluehouse farming – The prevailing opportunities and threats for the companies in the sector from land-based fish farming, such as process engineering conditions and solutions
Atlantic Sapphire was founded in 2010. The founders pioneered the use of cleanerfish in Norway in the 1990s as a natural way of fighting sea lice in net pen salmon farming. In november 2018, Atlantic Sapphire began production in their brand new facility in Miami – the world’s largest landbased salmon farm up to date. The first harvest is expected in 2020.

Future Industry Forum was held at Dömle Herrgård in Värmland which provided the right setting for this exclusive and private conversation, and for dinner the participants had the pleasure to enjoy a delicious high quality salmon specially delivered from Atlantic Sapphire’s production facility in Denmark.

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The conclusions of Future Industry Forum 2019

The organizing team from Future Industry Forum spent the better part of the night summarizing the event, and the next morning before breakfast, the summary was presented to the participants.

The conclusions from the summit are that in order to move forward and make this as big an industry as the market potential promises, there are a couple of keyfactors to succeed in industrialization.

  1. Solving the multi-disciplinary challenge by increasing know how and digitalization.
    It has to be less complicated to run the plant – build the industry as the complex process industry it is, with
    digital precision in every detail. Use AI to analyze Big data to optimize the system, build more know how and
    reduce production risk. We need a competence center with independent research.
  2. Competent suppliers.
    The suppliers need to create a business standard for products.
    Certify turn key suppliers to reduce the risk we’re facing today.
  3. Include customer’s perspective.
    Integrate the entire value chain and include the customer perspective. Build brands to increase profitability.
    Strengthen customer acceptance for land based farmed salmon. Credibility in relation to customers.
  4. Updated rules and regulations.
    Politicians can act from a health and sustainability perspective and create rules and regulations to support.
    We need to get our message across by lobbying.
  5. Access to capital
    The ability to access venture capital.

But the most urgent need for this crowd is probably to develop specialized know how in the supply chain. Both on the hardware and the software side.
To jack up to an industrialized installation of plants in the future, industry suppliers need to be involved for systems, parts and standards to be developed.
When these key actors get together and pave the way, the business can mature at a higher speed, creating wins for the environment, themselves and for future fish farmers.