Latest Forum Topics /
Oceanus
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Oceanus major business model restructure
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ec0101
Veteran |
23-Mar-2021 19:15
Yells: "Do what you have to do." |
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Oceanus has an investment in this company. https://oceanus.com.sg/high-tech-tuas-farm-aims-to-satisfy-local-appetite-for-prawns/
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Eyxm86
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23-Mar-2021 18:36
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So does it affect Oceanus share? CEO need to do something le.. hhaa
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sklong138
Elite |
23-Mar-2021 18:13
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Looks like Universal Aquaculture competitor ?
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sklong138
Elite |
23-Mar-2021 18:11
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Prawn farm in Tuas scales new heights with high-tech vertical system 1 of 2 Universal Aquaculture chief executive Jeremy Ong (left) and chief financial officer Clifford Loh at the firm?s Tuas South Link facility.PHOTO: ST FILE Audrey Tan Science and Environment Correspondent PUBLISHED MAR 8, 2021, 5:00 AM SGT FACEBOOKWHATSAPP SINGAPORE - Fish and vegetable farming have already gone high-rise in land-scarce Singapore. Now, another type of farming has gone vertical. When the first harvest from Universal Aquaculture's Tuas South Link facility is ready come June, the sweet, juicy flesh of live vannamei prawns will be much easier to get hold of. For a start, the farm will be able to produce between 150kg and 200kg a day of the crustacean - also known as Pacific white shrimp, white-legged shrimp, king prawn, or bai xia. But as the high-tech system is modular and can be easily deployed in a larger industrial plot, chief executive Jeremy Ong said some 1,000kg of the prawns can be produced per day when the firm opens an additional site sometime in the third quarter of next year. Universal Aquaculture is among the farms here that can benefit from the new $60 million Agri-Food Cluster Transformation Fund, details of which were released last week during the debate over the budget of the Ministry of Sustainability and the Environment. It replaces the Agriculture Productivity Fund. Under the new fund, farmers looking to set up new sites or retrofit indoor spaces in industrial sites can also receive co-funding of up to $1.5 million to cover infrastructure and building costs, said the Singapore Food Agency, a unit under the ministry. This was not available previously. The new fund will also feature an expanded co-funding scope so farmers can use the money not just to boost yield but also, for instance, bring in technology to reduce pollution and waste. It will also cover farms' expenses related to the upcoming Clean and Green Standard to be launched later this year, such as the purchase of equipment and certification-related fees. Mr Ong said: "We are happy that the grant scope has expanded and are grateful for the opportunity to apply." He said transformation was key to Singapore meeting its "30 by 30" goal, which is to produce 30 per cent of its nutritional needs by 2030. Currently, the nation produces less than 10 per cent of its own food. "It is painfully clear that we will not likely meet our 30 by 30 targets by using traditional farming methods," said Mr Ong. He added that the technology-upscaling component of the fund - which will provide co-funding support for the purchase of advanced farming-technology solutions - was something his firm will consider. But he noted that the co-funding offer of 50 per cent of costs - or up to $700,000 - still "falls far short of what we need to build the next farm". At Universal Aquaculture's current facility in Tuas South Link, prawns are reared in a six-tier system. The controlled environment means the farm does not have to use antibiotics on the creatures, which are also not exposed to pollutants such as microplastics or mercury. The farm will be able to produce between 150kg and 200kg a day of live vannamei prawns. ST PHOTO: TIMOTHY DAVID Adult Vannamei prawns in the hatchery for mating purposes. ST PHOTO: TIMOTHY DAVID To reduce the energy requirements of a filtration system that relies on pumps to cleanse the water, Universal Aquaculture developed its own "hybrid biological recirculation system" - so the water can be reused in an energy-efficient way. This system harnesses the natural purifying abilities of beneficial bacteria and other aquatic plants, such as sea grapes, which can also be sold. Professor William Chen, the Michael Fam Chair professor in food science and technology at Nanyang Technological University, said it was "excellent" for farmers to be developing their own farming systems. "This is important as not all commercial technology can be directly adopted without retrofitting for our local context," he said. Continued research and development may be helpful to improve the farming system, especially for novel technologies, he said. Singapore Food Agency chief executive Lim Kok Thai said the new fund will support farms as they shift towards making the most of technology to overcome the country's land and resource constraints. "Not only will this contribute towards our food security, it will create good jobs such as agriculture and aquaculture specialist roles for our people," he added. Universal Aquaculture's Tuas South Link facility MORE ON THIS TOPIC Oceanus invests in deep-tech firm to breed prawns Lim Chu Kang set to be redeveloped into high-tech agri-food cluster: SFA | ||||
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Eyxm86
Member |
23-Mar-2021 18:07
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Oceanus de or competitors? Lol
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ckh002
Member |
23-Mar-2021 17:37
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Chance upon this article now. Who have full access to this article can log in to share?
Prawn farm in Tuas scales new heights with high-tech vertical system https://www.straitstimes.com/singapore/environment/prawn-farm-scales-new-heights-with-high-tech-vertical-system-0 |
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mrwise
Supreme |
23-Mar-2021 16:47
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Almost time to fight back? Go Go Oceanus! |
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Jonng8888
Senior |
23-Mar-2021 16:41
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Wow past one hr alot loading 100k to 250k at 39.
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ec0101
Veteran |
23-Mar-2021 16:27
Yells: "Do what you have to do." |
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Its a technique by proficient investors/traders/bots. Used to check who is selling/buying.
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Jonng8888
Senior |
23-Mar-2021 16:21
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Someone buy sell 100 at 39/40 non stop.. whats the reason? | ||||
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Battle123
Elite |
23-Mar-2021 15:24
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seem like got support currently keep watch   |
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ckmpd1
Supreme |
23-Mar-2021 15:02
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no need to track Oceanus daily.  look at it after 15 Apr and Jan 2022
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Operator81
Senior |
23-Mar-2021 14:59
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Sell down, no more abalone. Sell fish like mini China fishery, 没 了 没 了 ! | ||||
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AwakenTide
Veteran |
23-Mar-2021 14:50
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It is unlikely to consolidate if year end can make it to 10c and beyond.
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ckmpd1
Supreme |
23-Mar-2021 14:43
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Not likely to consolidate this year
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Lutjanus
Member |
23-Mar-2021 14:41
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It' s dumb to consolidate now. Will risk the exit. 
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mondaybluesy
Senior |
23-Mar-2021 14:39
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This is unlikely to happen until after the exit from SGX watchlist.   
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Lutjanus
Member |
23-Mar-2021 14:32
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Hi guys, accumulation mode... Take care and good luck | ||||
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desmondxyz
Veteran |
23-Mar-2021 14:21
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I remember the CEO said no consolidation of share in the agenda? Maybe i remember wrongly?
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ckmpd1
Supreme |
23-Mar-2021 14:19
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congratulations
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