The first of a fleet of 50 aquaculture vessels that can produce up to 200,000 tonnes of fish a year is under construction in China. Funded by the state-owned Qingdao Conson Development Group Co, the vessel is designed to produce fish in offshore locations. Depending on the seasons and water temperatures, it will move between the Yellow Sea, the East China Sea and the South China Sea, cultivating marine finfish. The 250 by 45 metre vessel is designed to travel at a speed of up to 10 knots, giving it the ability to avoid hazards such as typhoons and red tides
It is expected to be delivered in March 2022. Named Guoxin No.1, it has been billed as being of great practical significance to China’s plans to develop a deep-sea mariculture sector by Zhang Xianliang, director of China’s Bureau of Fisheries expected to annually produce about 200,000 tonnes of fish with an annual output value exceeding 11 billion yuan ($1.68 billion).