Rose Canyon Fisheries Facts

THE PROJECTFact Sheet 2

A commercial-scale, environmentally sustainable aquaculture project

  • Designed to assess and demonstrate both economic and environmental sustainability
  • Will scale up to 5,000 metric tons (5 million kilograms, or 11 million pounds) a year

Sited to meet multiple requirements and avoid conflicting uses

  • In deep, clean, temperate water with good current and sandy bottom
  • Outside coastal zone with potential conflicting uses
  • Not in conflict with other offshore activities (fishing, shipping, military)
  • Natural habitat for target species (see THE PRODUCT below)
THE PRODUCT

Vertically integrated culture model, with quality control from eggs to market size

  • Common species in California waters, spawning and rearing parameters known
    • Yellowtail Jack
    • White Seabass
    • Striped Bass
  • Year-round production and harvest maximizes commercial viability
  • Help revitalize and work in harmony with commercial fishing operations
THE NEED

Increase safe, secure, domestic supply of healthy seafood

  • 91% of seafood consumed in the U.S. is imported
  • Seafood imports total $14 billion annually
  • Seafood is the largest food-item contributing to the trade deficit, with wine and wine products second
  • The U.S. cultures 2.5% of its total seafood consumption
  • 50 percent of all seafood consumed in the world is farmed
ROSE CANYON FISHERIES

An innovative collaboration between Hubbs-SeaWorld Research Institute and Cuna del Mar

HUBBS-SEAWORLD RESEARCH INSTITUTE

  • 50 years’ experience in marine research (30+ years in aquaculture)
  • The only California entity with net pen experience and success

CUNA DEL MAR

  • Private equity fund dedicated to developing sustainable aquaculture
  • Funding five aquaculture-related companies in the U.S. and abroad
REGULATORY REVIEW BY

National Environmental Policy Act Certification

Army Corps of Engineers

  • Rivers and Harbors Act, Section 10, 33 USC 403 navigable waters permit

Environmental Protection Agency

  • National Pollutant Discharge Elimination System permit

California Department of Fish & Wildlife

  • Aquaculture registration and oversight

California Coastal Commission

  • Consistency with the Coastal Act review

National Oceanic and Atmospheric Administration

  • Protected Resources (endangered species, marine mammals and essential fish habitats) review

U.S. Coast Guard

  • Aids to Navigation Permit

 

3639 Midway Drive, Suite B #301, San Diego, CA 92110

(619)-226-3883 | info@rosecanyonfisheries.com

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