Kingfish Maine Celebrates Its First Harvest of Small Batch, Limited Release Dutch Yellowtail

05 Apr 2023 08:25 CEST

The Dutch Yellowtail from Maine will be served at restaurants on the East and
West Coasts

Kingfish Maine is harvesting its first Dutch Yellowtail from Maine, with a
limited release of the first sustainable Dutch Yellowtail to be produced in the
US. As part of the Kingfish Company [Euronext: KING], Kingfish Maine is
currently operating at the Center for Cooperative Aquaculture Research (CCAR) in
Franklin as it prepares for construction on a recirculating aquaculture system
(RAS) facility in Jonesport, Maine.

“We have worked three long years to arrive at this point - harvesting our first
Dutch Yellowtail from Maine and completing all our permits for our land based
Jonesport facility,” said Kingfish Maine Operations Manager Megan Sorby. “This
would not be possible without the collaborative work with our team at Kingfish
Zeeland and our crew here at CCAR. We are excited to bring the first Dutch
yellowtail from Maine to the market.”

Beginning in 2020, Kingfish Maine deployed the same advanced RAS technology at
CCAR to raise fingerlings from its sister company in the Netherlands. This small
batch, limited release of Dutch Yellowtail from Maine will be distributed and
served at restaurants in Maine, Boston, DC and California over the next two
months.

The Dutch Yellowtail harvest is a true Maine-collaborative venture. Bristol
Seafood, which recently announced its B Corp. certification, is processing the
limited reserve batch at its Portland facility.

“As a certified B Corp, Bristol collaborates with other companies which meet our
standards of sustainability and environmental impact,” said Bristol Seafood
President & CEO Peter Handy. “We are proud that the Kingfish team is entrusting
us with processing and packaging its first Maine harvest of sustainably-raised
Dutch yellowtail. We look forward to supporting Kingfish Maine as the company
fully develops its facility in Jonesport.”

“Our first Maine harvest is a milestone for the Kingfish Company,” said Kingfish
Company CEO Vincent Erenst. “Our US facility will mirror the operational
excellence proven in the Netherlands. Kingfish Maine will be the largest
producer of Yellowtail Kingfish in the US, providing local and sustainable
Yellowtail to expanding markets.”

The Kingfish Company currently produces 1,500 tons of high quality, high value
Dutch Yellowtail at its Kingfish Zeeland facility. Expansion is currently
underway and capacity in the Netherlands will reach 3,500 tons in 2023. Once
the Jonesport Maine facility is fully operational, Kingfish Maine is projected
to produce 8,500 metric tons of yellowtail.

Find out more about the limited reserve Dutch Yellowtail from Maine at
www.kingfish-maine.com/dytmaine


Press contact: Dianna Fletcher
dianna@fletcher-media.com 207-831-8148


About The Kingfish Company
The Kingfish Company is a pioneer and leader in sustainable land-based
aquaculture. Current annual production capacity at its Kingfish Zeeland facility
in the Netherlands is 1,500 tons of high quality and high value Yellowtail
Kingfish. Expansion is underway and capacity in the Netherlands will reach 3,500
tons in 2023.

Kingfish Maine is now fully permitted by local, state and federal regulatory
agencies.

Production is based on advanced recirculating aquaculture systems (RAS), which
protect biodiversity and ensure biosecurity. Animal welfare is paramount, and
the fish is grown without use of antibiotics and vaccines. Operations run on 100
percent renewable energy, sourced from wind, solar and biogas. The company’s
facilities operate on sea water, avoiding wasting of precious fresh water.

The Kingfish Company’s main product at present, the Yellowtail Kingfish (also
known as Ricciola/Hiramasa/Greater Amberjack) is a highly versatile premium fish
species, well known in the Italian and Asian fusion cuisines.

Its products are certified and approved as sustainable and environmentally
friendly by Aquaculture Stewardship Council (ASC), Best Aquaculture Practices
(BAP) and British Retail Consortium (BRC). It was the winner of the 2019 Seafood
Excellence Award, and it is recommended as green choice by Good Fish Foundation.

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