Aquaculture is the practice of cultivating aquatic organisms, such as fish, shellfish, and aquatic plants, in controlled environments. It encompasses a range of activities, including breeding, rearing, and harvesting these organisms for various purposes, such as food production, restoration of habitats, and aquarium trade. Aquaculture can occur in freshwater, brackish water, and marine environments and can take place in tanks, ponds, or ocean enclosures. The practice aims to produce food sustainably, alleviate pressure on wild fish populations, and contribute to local economies. Methods in aquaculture can vary widely, from extensive systems relying on natural water bodies to intensive systems using advanced technologies for water quality management and feed optimization.
eFishery's founders and former executives face serious allegations of financial deceit, shaking Indonesia's aquaculture industry. The company was renowned for rapid growth and innovation but is now embroiled in controversy…