Ulupono Initiative

Blue Ocean Mariculture

Defining the technology, tools and techniques for successful, responsible open ocean mariculture.

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Background

A UHERO study found that Hawaii consumes roughly 40 million pounds of commercially sourced fish per year, but less than 40 percent of that comes from local sources. Additionally, an estimated 74 percent of local fisheries are depleted or in critical condition. Aquaculture can positively impact the current system as an exciting, viable solution to sustain a local source of seafood.

Big Island-based Blue Ocean Mariculture is the only producer of sashimi-grade aquaculture-raised yellowtail in the U.S. and is defining the technology, tools and techniques for successful, responsible open ocean mariculture. Currently, Blue Ocean Mariculture produces 700 to 900 thousand pounds of Hawaiian Kanpachi (also known as Kahala and Yellowtail) per year. Through its partnership with Ulupono, Blue Ocean Mariculture will be able to increase its production of Hawaiian Kanpachi and diversify its line of locally-produced seafood products. 

Why We Invested

Blue Ocean Mariculture’s dedication to the responsible production of marine finfish in Hawaii aligns with Ulupono’s goal of creating more sustainably and locally produced food. Farmed Hawaiian Kanpachi is an important part of the answer to the seafood sustainability challenge. Blue Ocean Mariculture is dedicated to the development and use of responsible mariculture practices.

Impact

  • Increase local, responsibly-farmed seafood production 
  • Use limited, and decreasing, amounts of wild fishmeal and fish oil
  • Only U.S.-based operation farming marine finfish in open ocean conditions

At a Glance


Investment Area
Food
Investment Model
For-Profit
Website
BOFish.com