NZ King Salmon nets big win with ocean farm approval

The Blue Endeavour farm could generate $300m extra revenue a year.

Fri, 01 Mar 2024

Oceans and fisheries minister Shane Jones says New Zealand King Salmon getting approval for its Blue Endeavour salmon farm is “a significant step for New Zealand’s aquaculture”.“It is going to provide more jobs for the Marlborough region and benefit our economy by providing sustainable kaimoana to the world,” he said on Friday.The Blue Endeavour project, 7km off Cape Lambert in the Cook Strait, has the potential to generate $300 million in new annual revenue, NZ King Salmon (NZKS) told the market Friday.Blue Endeav...

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