Aquaculture, among the fastest growing sectors of the world food economy, has gotten a boost from an Israeli company that has developed a new method for raising fish in sea-based cages.



SUBflex Ltd. of Kfar Hess has developed a new method of growing fish in the Mediterranean Sea, according to a report in Globes financial newspaper. The Chief Scientist of the Ministry of Industry assisted with funding and the system will operate under the supervision of the Ministry of the Environment and the Ministry of Agriculture.



The storm-resistant SUBflex fish cage is installed at a depth of 60 meters underwater, and a distance of 14 kilometers from the shore. It can withstand waves over 15 meters high, as well as hurricane conditions, reported the financial newspaper.



Yaakov Fisher, director of a government program that offers assistance to technological start-ups, was quoted in Globes as saying that "SUBflex's technology has been tested by experts at the AquaBioTech Group, a leading aquaculture company."



According to a 2003 report by Hillel Gordin of the Ministry of Agriculture, "Several technological approaches were tried in the past but none was economically viable due to the high-energy state of the sea in winter along the Israeli Mediterranean coast. ...If such technology is at all possible, then the production potential may be immense."



Off the coast of Eilat, in the Red Sea, sea cages produce over a 1,000 tons of Denis (Sea Bream) per year.