GFB news

The RMI Government has given formal approval to GFB Fisheries RMI to increase in size to a full production capacity of 50,000 tons per annum of aquaculture product within Majuro Lagoon in the Marshall Islands. Species production includes Humphead Grouper, Black Kingfish, Coral Trout and Giant Grouper. GFB Fisheries RMI completed an extensive Environmental Impact Assessement (EIA) process that encompassed an international review panel. The project operates under an Environmental Management Plan (EMP) with regular reporting and monitoring to ensure the Majuro lagoon is preserved.

GFB Fisheries RMI has been operational for 16 months producing Humphead Grouper with regular reporting and monitoring revealing no detrimental impact on the lagoon environment.

GFB Fisheries RMI has begun scaling up production capacity with the arrival in Majuro of Good Fortune 3 - a 65 foot Seachrome workboat which features hyrdaulic crane and 4 live fish wells. This vessel which will be permanently based in Majuro and was given a traditional island welcome in April.

GFB Fisheries RMI has also recently installed its new Grouper sea cage platforms that contain 16 individual cages per raft and have a 90 ton biomass capacity. Custom designed for our application they are fitted with world leading Aquagrid nets.

GFB Fisheries RMI made the commitment to increase its project to full capacity after conducting a 12 month pilot project which produced outstanding growth rates for its Grouper species. Pictured below are some of our Humphead Grouper growing in sea cages in Majuro Lagoon.

GFB Fisheries RMI has made a long term commitment to employing and training local Marshallese in aquaculture with employment reaching 400 staff at full production. Pictured below are 2 of our grow out staff - Junior and Junior.

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