News Articles for Barramundi Asia

Marine Produce Australia has been placed into liquidation owing $73 million to unsecured creditors after its asset-rich subsidiaries were sold to Tassal Group last month.

Tassal Group has acquired barramundi farm operator Marine Produce Australia's group of companies that has been in administration since May.

Barramundi farm operator Marine Produce Australia has received help from a Tasmania-based company to continue trading after exhausting funds, including from NAB.

A $300 million proposal to expand barramundi farming sites across the Kimberley region will be assessed due to environmental factors.

Marine Produce Australia has lodged plans for a $300 million expansion of its West Kimberley barramundi farm in a bid to lift output and make the operation more commercially viable.