{"id":4923,"date":"2022-01-13T17:05:00","date_gmt":"2022-01-13T17:05:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3630501_AE30501_0"},"modified":"2022-01-13T17:05:00","modified_gmt":"2022-01-13T17:05:00","slug":"forever-oceans-signs-deal-with-brazilian-government-for-worlds-largest-offshore-concession-for-sustainable-seafood-production","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=4923","title":{"rendered":"Forever Oceans signs deal with Brazilian Government for world&#8217;s largest offshore concession for sustainable seafood production"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1675207\/Forever_Oceans_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>&#8211; Job boosting concession area is three-and-a-half times the size of <span class=\"xn-location\">Washington DC<\/span><\/b><\/p>\n<p><b>&#8211; Landmark deal increases Forever Oceans finfish production capability by more than 25% and positions <span class=\"xn-location\">Brazil<\/span> as an emerging leader in sustainable seafood<\/b><\/p>\n<p><span class=\"xn-location\">BRASILIA, Brazil<\/span>, <span class=\"xn-chron\">Jan. 14, 2022<\/span> \/PRNewswire\/ &#8212; <span class=\"xn-person\">Bill Bien<\/span>, the CEO of <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3412421-1&amp;h=1296940960&amp;u=https%3A%2F%2Fwww.foreveroceans.com%2F7458%2F&amp;a=Forever+Oceans\" rel=\"nofollow noopener\">Forever Oceans<\/a>, a leading innovator in sustainable seafood, met today with <span class=\"xn-person\">Jorge Seif Junior<\/span>, Secretary of Aquaculture and Fisheries of the Ministry of Agriculture, Livestock and Supply to sign a concession agreement that puts <span class=\"xn-location\">Brazil<\/span> on track to be an emerging leader in sustainable seafood production. The initial 20-year agreement authorizes Forever Oceans to ocean-raise fish within automated enclosures in two zones, located 7-15km (4.3-9.3 miles) off the Brazilian coast of the state of Bahia. Together, they represent the largest offshore concession ever given for sustainable marine aquaculture, totaling 64,200 hectares, an area three-and-a half times the size of <span class=\"xn-location\">Washington DC<\/span>. The operation is expected to create up to 500 jobs over the next eight years.<\/p>\n<div id=\"prni_dvprnejpg760aleft\" dir=\"ltr\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/1726005\/Forever_Oceans_Brazil_Press_Image_1.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpg760aleft\" title=\"(L-R) Mr. John Lopes, Forever Oceans President, Brazil, Mr. Bill Bien, Forever Oceans CEO, Brazilian President Mr. Jair Bolsonaro, Secretary of Aquaculture and Fisheries Mr. Jorge Seif J\u00fanior, attending to an event at the Pal\u00e1cio do Planalto, in Bras\u00edlia, where the contract for Concession of the Use of Union Domain Waters between the Union and Forever Oceans. Photo credit: Alan Santos\/PR\" border=\"0\" alt=\"(L-R) Mr. John Lopes, Forever Oceans President, Brazil, Mr. Bill Bien, Forever Oceans CEO, Brazilian President Mr. Jair Bolsonaro, Secretary of Aquaculture and Fisheries Mr. Jorge Seif J\u00fanior, attending to an event at the Pal\u00e1cio do Planalto, in Bras\u00edlia, where the contract for Concession of the Use of Union Domain Waters between the Union and Forever Oceans. Photo credit: Alan Santos\/PR\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnasia.com\/media2\/1726005\/Forever_Oceans_Brazil_Press_Image_1.jpg?p=medium600\"><\/a> <br \/><span>(L-R) Mr. John Lopes, Forever Oceans President, Brazil, Mr. Bill Bien, Forever Oceans CEO, Brazilian President Mr. Jair Bolsonaro, Secretary of Aquaculture and Fisheries Mr. Jorge Seif J\u00fanior, attending to an event at the Pal\u00e1cio do Planalto, in Bras\u00edlia, where the contract for Concession of the Use of Union Domain Waters between the Union and Forever Oceans. Photo credit: Alan Santos\/PR<\/span> <\/div>\n<p>&#8220;With a coastline of more than 8,500 km, <span class=\"xn-location\">Brazil<\/span> is one of the main frontiers for fish production, generating, in addition to healthy food, employment and income,&#8221; said Seif. &#8220;This landmark agreement is historic for <span class=\"xn-location\">Brazil<\/span> and will set the country on the path to the development of sustainable marine aquaculture.&#8221; <\/p>\n<p>In 2018, the global marine aquaculture market produced 7.3 million metric tons of finfish valued at <span class=\"xn-money\">US$35.4 billion<\/span><sup>(1)<\/sup>. The global demand for finfish from marine aquaculture is forecast to grow threefold to 21 million metric tons by 2050<sup>(2)<\/sup>, as more consumers incorporate fish as a part of a healthy diet.<\/p>\n<p>&#8220;This agreement will help us to serve the growing demand for delicious, nutritious seafood and gives us the space to scale and grow rapidly, and the opportunity to develop the largest offshore sustainable seafood capability in the world,&#8221; said Bien. &#8220;We will bring our different approach to the waters of <span class=\"xn-location\">Brazil<\/span>, applying our expertise in aquaculture, conservation and innovation to raise delicious and protein-rich fish in deep-ocean waters in a highly environmentally-friendly and sustainable way that&#8217;s good for people and the planet.&#8221;<\/p>\n<p>In addition to the new site in <span class=\"xn-location\">Brazil<\/span>, the <span class=\"xn-location\">Virginia<\/span>, US-headquartered company has a research and technology facility in <span class=\"xn-location\">Hawaii<\/span>, and offshore operations in <span class=\"xn-location\">Panama<\/span> and plans an offshore operation in <span class=\"xn-location\">Indonesia<\/span>. <\/p>\n<p>In <span class=\"xn-location\">Brazil<\/span>, the company will ocean-raise Forever Oceans Amberjack, known locally as &#8216;Olho de Boi&#8217; or Remeiro. This versatile finfish is praised for its taste, protein, nutrition and is rich in Omega-3. <\/p>\n<p>An onshore hatchery in Ilh\u00e9us, Bahia, <span class=\"xn-location\">Brazil<\/span>, will raise fingerlings from eggs for placement in large deep-ocean enclosures, enabling them to swim and grow in a protected and more natural environment. Initially, 24 automated enclosures are planned inside the two ocean zones, which comprise responsible eco-friendly aquaculture zones. The operation in <span class=\"xn-location\">Brazil<\/span> is expected to create approximately 300-500 good-paying jobs over the next eight years once full capacity is achieved.<\/p>\n<p>In <span class=\"xn-chron\">September 2021<\/span>, Forever Oceans was named in <i>Seafood Source<\/i> Magazine&#8217;s <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3412421-1&amp;h=3313538557&amp;u=https%3A%2F%2Fwww.seafoodsource.com%2Fnews%2Ffoodservice-retail%2Fthe-top-25-seafood-product-innovators%3Fmkt_tok%3DNzU2LUZXSi0wNjEAAAF_0ZVJD8QPuGkEoumR_63TFyOZ_b-5MH9fS9iVL68HW2rqpyjKmznuOrd-ElaBMsyP6yjt5q6VoT0CaA8aWU9alHaO824SwTBCJzpkNCebntPTaBo%26content%255Bb1a7c925-1ed6-4bc4-ab97-58e281440ce3%255D%3D10&amp;a=Top+25+Seafood+Innovators\" rel=\"nofollow noopener\">Top 25 Seafood Innovators<\/a>&nbsp;list. <\/p>\n<p><b>About Forever Oceans<\/b><\/p>\n<p><b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3412421-1&amp;h=1412273250&amp;u=https%3A%2F%2Fwww.foreveroceans.com%2F&amp;a=Forever+Oceans\" rel=\"nofollow noopener\">Forever Oceans<\/a><\/b>&nbsp;is a leading innovator in sustainable seafood. Our mission is to provide a new way for the world to produce delicious, sustainable seafood that&#8217;s good for people and the planet.&nbsp;We know fish, we know conservation and apply unique innovations. These include ruggedized enclosures where everyday tasks are automated using advanced systems. They ensure our operations are efficient, integrated with the environment and supportive of local communities. Forever Oceans was recently named one of America&#8217;s <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3412421-1&amp;h=3383318699&amp;u=https%3A%2F%2Fwww.seafoodsource.com%2Fnews%2Ffoodservice-retail%2Fthe-top-25-seafood-product-innovators%3Fmkt_tok%3DNzU2LUZXSi0wNjEAAAF_0ZVJD8QPuGkEoumR_63TFyOZ_b-5MH9fS9iVL68HW2rqpyjKmznuOrd-ElaBMsyP6yjt5q6VoT0CaA8aWU9alHaO824SwTBCJzpkNCebntPTaBo%26content%255Bb1a7c925-1ed6-4bc4-ab97-58e281440ce3%255D%3D10&amp;a=most+innovative+seafood+companies\" rel=\"nofollow noopener\">most innovative seafood companies<\/a> by Seafood Source. <\/p>\n<p>Our Research and Technology Center is in <span class=\"xn-location\">Hawaii<\/span>, and we have offshore operations in <span class=\"xn-location\">Panama<\/span>, <span class=\"xn-location\">Brazil<\/span> and one planned for <span class=\"xn-location\">Indonesia<\/span>. Our sustainable seafood will be in US restaurants in early 2022. Learn more about Forever Oceans at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3412421-1&amp;h=2340577994&amp;u=https%3A%2F%2Fwww.foreveroceans.com%2F&amp;a=ForeverOceans.com\" rel=\"nofollow noopener\">ForeverOceans.com<\/a>. <\/p>\n<p><sup>1<\/sup>&nbsp;FAO UN <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3412421-1&amp;h=1200182175&amp;u=https%3A%2F%2Fwww.fao.org%2Ffishery%2Fen%2Faquaculture%2Fen&amp;a=https%3A%2F%2Fwww.fao.org%2Ffishery%2Fen%2Faquaculture%2Fen\" rel=\"nofollow noopener\">https:\/\/www.fao.org\/fishery\/en\/aquaculture\/en<\/a><\/p>\n<p><sup>2<\/sup>&nbsp;&#8216;Oceans&#8217; Future to 2050 Marine Aquaculture Forecast&#8217;. 2021 report by DNV.<br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3412421-1&amp;h=3414955244&amp;u=https%3A%2F%2Fwww.dnv.com%2FPublications%2Fmarine-aquaculture-forecast-to-2050-202391&amp;a=https%3A%2F%2Fwww.dnv.com%2FPublications%2Fmarine-aquaculture-forecast-to-2050-202391\" rel=\"nofollow noopener\">https:\/\/www.dnv.com\/Publications\/marine-aquaculture-forecast-to-2050-202391<\/a><\/p>\n<div id=\"prni_dvprnejpg687dleft\" dir=\"ltr\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/1726006\/Forever_Oceans_Brazil_Press_Image_2.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpg687dleft\" title=\"(From Left) Mr. John Lopes, President Mr. Jair Bolsonaro, Secretary of Aquaculture and Fisheries Mr. Jorge Seif J\u00fanior, and Minister of Citizenship Mr. Joao Roma holding the signed contract. Photo credit: Alan Santos\/PR\" border=\"0\" alt=\"(From Left) Mr. John Lopes, President Mr. Jair Bolsonaro, Secretary of Aquaculture and Fisheries Mr. Jorge Seif J\u00fanior, and Minister of Citizenship Mr. Joao Roma holding the signed contract. Photo credit: Alan Santos\/PR\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnasia.com\/media2\/1726006\/Forever_Oceans_Brazil_Press_Image_2.jpg?p=medium600\"><\/a> <br \/><span>(From Left) Mr. John Lopes, President Mr. Jair Bolsonaro, Secretary of Aquaculture and Fisheries Mr. Jorge Seif J\u00fanior, and Minister of Citizenship Mr. Joao Roma holding the signed contract. Photo credit: Alan Santos\/PR<\/span> <\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Job boosting concession area is three-and-a-half times the size of Washington DC &#8211; Landmark deal increases Forever Oceans finfish production capability by more than 25% and positions Brazil as an emerging leader in sustainable seafood BRASILIA, Brazil, Jan. 14, 2022 \/PRNewswire\/ &#8212; Bill Bien, the CEO of Forever Oceans, a leading innovator in sustainable [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":4924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-4923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Forever Oceans signs deal with Brazilian Government for world&#039;s largest offshore concession for sustainable seafood production - 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