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Friday 21 June 2024

Clean Seas Seafood (ASX:CSS): Producing sustainable high-quality kingfish for local & global markets

Clean Seas Seafood (ASX:CSS, OSE:CSS) is a fully integrated Australian aquaculture business. The company undertakes full cycle breeding, farming, processing and marketing of its Hiramasa or Yellowtail Kingfish. Clean Seas Seafood’s fish products are renowned amongst leading chefs and restaurants around the world for their quality. Clean Seas is recognised as a leader in sustainable Yellowtail Kingfish farming and is today the largest producer of aquaculture Yellowtail Kingfish outside Japan. Ahead of appearing at the AgFood Conference CEO Rob Gratton joins The Stock Network’s Lel Smits.

1. Clean Seas operations
Rob, Clean Seas sells two distinct kingfish products into the market, one for professional chefs, the other for home cooks. What differentiates these two products?

2. Trading conditions
What initiatives are Clean Seas Seafood implementing to meet current trading conditions and feed prices-related challenges?

3. Leveraging the status of fish as a healthy protein
The consensus view is that global demand for fish will grow over the long term, thanks to its status as a healthy protein. How can Clean Seas’ existing operations leverage the positive long-term growth expectations for global fish sales?

4. Sustainability question
Clean Seas takes pride in its sustainability and ESG credentials, What are the ongoing deliverables required for the company to retain its Aquaculture Stewardship Council certification status?

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