Containment – Oceansphere


Offshore innovation


COULD THE DESIGN OF AN ARCHITECTURAL GENIUS AND MILITARY TECHNOLOGY BE THE KEY TO THE SUCCESS OF OPEN OCEAN CAGE FARMING?


I 16


n 2006, entrepreneur Bill Spen- cer saw an opportunity. Whilst wild fi sh stocks are diminishing, aquaculture is a 100 billion-dol- lar industry that is now providing over half the world’s seafood. But as demand for farmed fi sh increas- es so coastal site availability for cage farms decreases. ‘The ocean is vastly underuti- lised for fi sh farming,’ explains Spencer. ‘And if done well, ocean fi sh farming is a viable option. At present there are two other open ocean farms in Hawaii. However, they are too small and expansion


will require the long-winded pro- cess of applying for licences’. ‘We had a bigger vision when


we set up Hawaii Oceanic Tech- nology in 2006 to develop the Oceansphere’, continues Spencer, who is CEO of the company. ‘We


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