About Australian Bay Lobster Producers
Australian Bay Lobster Producers Ltd (ABLP) was established to globally commercialise our proprietary patented process for breeding and producing Bay Lobster Thenus Spp. in an industrial setting, a lobster species also known in Australia as Moreton Bay Bugs.
Our mission is to be a market driven biotechnology based manufacturing company which, through innovation, seeks to overcome the depletion of our natural fishery resources.
Short to medium term objectives for the company include:
The establishment of the first commercial scale Lobster manufacturing facility of its kind in the world at a proposed site at Cudgen, west of Kingscliff in northern NSW
To directly hire and train up to 200 people over the staged development of the facility
To develop the Cudgen operation as a global showcase for the technology but also as a new benchmark for low environmental impact aquaculture
To develop a premium domestic and global market for the lobster produced using the ABLP process.
The founders of ABLP have extensive experience in the commercial harvesting of Australia's natural fishery resources and globally trading such produce. This first hand experience led to the early recognition that the demands on nature's resources in this area cannot be sustained without supplementary resources from other means. This realisation was the catalyst for ABLP and the 20-year research and development invested to date in a unique lobster growing system
For fifteen years, research and pilot production facilities based on ABLP's lobster growing system have been under trial and evaluation at Queensland's DPI Bribie Island Aquaculture Research Centre. Building on this phase, ABLP now proposes to invest upwards of $30m to build Stage 1a of a commercial version of the lobster growing system at an identified site in Northern New South Wales.
The project can be expanded or replicated worldwide and the technology used can be applied to other lobster species / crustaceans.
The various technical, market and environmental risks associated with this style of business have been addressed by independent and internal experts. They consider that expansion from experimental and trial production to commercial production is modular growth. Although the processes have involved scientific breakthroughs, these are proven and do not involve complex technology. The modular design has been proven at the Queensland Department of Primary Industries Bribie Island Aquaculture Research Centre.
This project is distinguished from traditional aquaculture because of the controlled production environment, failsafe secondary systems and risk mitigation processes. Only natural feeds are used and disease control does not rely on synthetic antibiotics. The project must also not be confused with open water aquaculture.