Blue Aqua

What Blue Aqua does

Blue Aqua International Pte Ltd is a Singapore-based aquaculture company founded in 2009 by Dr. Farshad Shishehchian and Amornrat Boonchuay, operating across 14 countries with a workforce of 51-100. The company runs its own shrimp and rainbow trout farms in Singapore using Recirculating Aquaculture System (RAS) technology and its patented Mixotrophic™ System for super-intensive, zero-waste, water-exchange indoor shrimp farming (patented in eight countries). Its product portfolio spans farm care products (MinGro mineral supplements, FytoGro probiotics), specialty feed and antibiotic alternatives (ViGuard*L plant-based Vibrio control), hatchery feeds, and insect-based alternative protein, alongside the Doctor Shrimp™ diagnostic and training services platform.

Blue Aqua generates revenue through four primary streams: aquaculture product sales across 14 countries; seafood production sold directly to local retailers and restaurants in Singapore (antibiotic-free, ASC-certified fish and shrimp); technology licensing of the Mixotrophic™ System; and consultancy and advisory services through Doctor Shrimp™ and the Blue Aqua Farmers Center in India. Distribution combines direct enterprise sales in Singapore with exclusive APAC distributorships in India, Thailand, Indonesia, and Vietnam, plus the Blue Aqua Trace It mobile app leveraging VeChain ToolChain™ blockchain for consumer-facing traceability. Pricing is quote-based and not publicly disclosed.

The company's customer base spans commercial fish and shrimp farmers, regional distributors, Singapore retailers and restaurants, and government and institutional partners. Its strategic growth is anchored by the Blue Aqua Gulf joint project in Shinas, Oman (a 22-hectare development targeting 1,320 MT of shrimp, 3,000 MT of trout, and 30,000 MT of aquafeed annually) and the Singapore trout farm at Neo Tiew Crescent (a $35 million facility scaling to 3,000 MT/year by 2028). Blue Aqua achieved the world's first ASC certification for an indoor RAS shrimp farm in 2023 and is the first trout farm in Singapore, aligning with the country's 30 by 30 food security policy. A 2022 strategic capital injection saw 30% of Blue Aqua Singapore sold to two Omani investors (Bahwan Services and Trading LLC and Muscat Investment House LLC), supporting the company's Middle East and Asia expansion plans.

Name

Blue Aqua

Legal name

Blue Aqua International Pte Ltd

Website

https://blueaquaint.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Blue Aqua International is a Singapore-based aquaculture company founded in 2009 that operates RAS shrimp and rainbow trout farms, sells farm care products, specialty feed, and antibiotic alternatives across 14 countries, and licenses its patented Mixotrophic™ System.

Ownership category

akta.pro rank

Product category

Aquaculture Solutions and Seafood Production

NAICS

Finfish Farming and Fish Hatcheries (112511), Shellfish Farming (112512), Seafood Product Preparation and Packaging (3117), Aquaculture (1125)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092), Agricultural Prod-Livestock & Animal Specialties (200)

akta.pro primary industry

Aquaculture Farm Services & Operations Support (net cleaning, diving, grading, harvesting) (AFAEAAAM)

akta.pro secondary industries

Aquaculture Health, Biosecurity & Veterinary Services (AFAEAAAK), Aquaculture & Fish Health Services (AFAEANAE), Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants) (AFANADAL), Species-Specific Warmwater Fish Feed (Carp, Pangasius, Other Warmwater Species) (AFADADAK)

Keywords

• Aquaculture solutions
• Shrimp farming technology
• Recirculating aquaculture systems
• Aquaculture nutrition products
• Farm-to-fork traceability

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Aquaculture Products & Specialty Feed: Sale of aquaculture products including farm care products (MinGro, FytoGro, probiotics), feed additives, hatchery feeds, and specialty nutrition products across 14 countries.
2. Seafood Production & Sales: Operating farms producing antibiotic-free fish and shrimp sold to local retailers and restaurants in Singapore, including rainbow trout and ASC-certified shrimp.
3. Technology Licensing: Licensing of proprietary technologies including the Mixotrophic™ System for super-intensive shrimp farming, patented in multiple countries.
4. Consultancy & Advisory Services: Doctor Shrimp™ diagnostic and training services, Blue Aqua Farmers Center providing lab analysis, advisory services, and training seminars to support global shrimp farming industry.

Go-to-market motion4 records

Distribution channels5 records

Marketing channels6 records

Core offering

Blue Aqua provides integrated aquaculture solutions including farm care products (MinGro mineral supplements, FytoGro probiotics, ViGuard*L plant-based antibiotic alternatives), specialty feed and hatchery feeds, the patented Mixotrophic™ System for super-intensive zero-waste shrimp farming, and Doctor Shrimp™ diagnostic and training services. The company operates its own RAS-based shrimp and rainbow trout farms producing antibiotic-free seafood for Singapore retailers and restaurants, and licenses its proprietary technologies globally. Blue Aqua also offers the Blue Aqua Trace It blockchain-based traceability platform built on VeChain ToolChain™ for farm-to-fork supply chain transparency.

Product overview

Blue Aqua offers a comprehensive portfolio of aquaculture solutions comprising farm care products (MinGro mineral supplements, FytoGro probiotics), specialty feed additives (ViGuard*L plant-based antibiotic alternative), the patented Mixotrophic System for super-intensive shrimp farming, Doctor Shrimp training and diagnostic services, and the Blue Aqua Trace It blockchain traceability platform. The company operates its own shrimp and rainbow trout farms in Singapore using recirculating aquaculture system (RAS) technology and provides consultancy services across the aquaculture value chain.

Differentiator

Problem solved

Functional benefit

Brands

• Doctor Shrimp: Global shrimp farming support platform offering skills training and diagnostic services
• Blue Aqua Trout Farm
• Blue Aqua Gulf
• ViGuard*L
• Blue Aqua Farmers Center

Products and services

• MinGro Mineral supplement product applied to shrimp ponds to stabilize ionic balance and reduce stress after rainfall events. Application rates: 3 kg/ha for light rainfall, 6 kg/ha for moderate, 12 kg/ha for heavy rainfall during the first 3 hours. Launched in 2010 as Blue Aqua's flagship product.
• FytoGro Probiotic product applied after rainfall to outcompete pathogens and stabilize pond water quality. Application rates vary by rainfall intensity from 1.5 kg/ha for light rainfall to 6 kg/ha for heavy rainfall. Supports phytoplankton and bacterial dynamics management during monsoon conditions.
• ViGuard*L Plant-based antibiotic alternative containing essential oils that combat harmful Vibrio species, particularly Vibrio parahaemolyticus, while enhancing shrimp immunity and survival rates. Safe, sustainable, and residue-free. Recommended dosage: 3–5 mL per kilogram of feed.
• Mixotrophic™ System Patented super-intensive shrimp farming method invented by Dr. Farshad Shishehchian. Enables high-density shrimp cultivation with zero-waste and water-exchange indoor farming. National patents secured in seven leading aquaculture countries in 2016 and patented in eight countries as of 2024. Licensed to third parties globally.
• Doctor Shrimp™ Global shrimp farming support service offering diagnostic services and skills training to help farmers improve their operations. Includes advisory services and laboratory analysis through the Blue Aqua Farmers Center in Bhimavaram, India.
• Blue Aqua Trace It Blockchain-based traceability mobile application using VeChain ToolChain™ technology that enables end consumers to trace the journey of Blue Aqua seafood products from farm to fork. Available on iOS (App Store) and Android (Google Play).
• BlueVision Aquaculture management technology platform offering insights and analytics for aquaculture operations. Referenced in site navigation as a platform for aquaculture monitoring and management.
• ASC-Certified Shrimp and Rainbow Trout Antibiotic-free, ASC-certified shrimp from Singapore's indoor RAS farm and rainbow trout produced from Singapore's first trout farm using RAS technology for cold-water species in tropical climates. Sold directly to local retailers and restaurants in Singapore. The Blue Aqua shrimp farm became the first indoor RAS shrimp farm in the world to achieve ASC certification in 2023.

Quantifiable outcome

• Supports Singapore's goal to produce 30% of local protein needs by 2035
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Five partnerships are on record, tiered core, flagship and supporting.

• SCD ProbioticscoreStrategic or Co-development PartnerCollaboration to build a probiotics and enzymes manufacturing facility, supporting Blue Aqua's expansion into biological solutions for aquaculture.
• VeChaincoreTechnology or IntegrationVeChain ToolChain™ technology partnership enabling blockchain-based traceability platform for seafood products across Blue Aqua's farming operations in Singapore.
• Omani GovernmentflagshipStrategic or Co-development PartnerStrategic partnership for the Blue Aqua Gulf project in Shinas, Oman, aligning with Omani government strategy for sustainable aquaculture, food security, and economic diversification.
• Food Waste Collection PartnerssupportingStrategic or Co-development PartnerPartner companies that collect organic waste and deliver to insect farms for processing into fishmeal replacement, part of Blue Aqua's circular economy approach.
• Asian Aquaculture Network (AAN)supportingOthersNon-profit organization founded by Dr. Farshad Shishehchian dedicated to educating new generations about aquaculture.

Scale indicators14 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Skretting (Nutreco): Global aquaculture feed heavyweight with a broad specialty feed portfolio; overlaps with Blue Aqua's hatchery feeds, feed additives, and aquafeed business across multiple species.
• BioMar: Major aquaculture feed manufacturer serving global salmon, shrimp, and other species; competes with Blue Aqua's specialty nutrition and aquafeed offering at scale.
• Cargill Aqua Nutrition: Cargill's aquaculture nutrition business supplies feeds and feed additives globally; directly competes with Blue Aqua's aquaculture products and specialty feed portfolio.

Emerging players

• XpertSea: Canada-based aquaculture technology platform using AI and IoT for shrimp and fish farming; competes with BlueVision and Doctor Shrimp on data-driven aquaculture services.
• eFishery: Indonesian aquaculture technology company providing smart feeding, financing, and feed distribution to smallholder farmers; overlaps with Blue Aqua's APAC shrimp farmer customer base and digital aquaculture ambition.
• Veramaris: DSM-Evonik joint venture producing algae-based omega-3 for aquafeed; competes with Blue Aqua's alternative-protein and sustainable feed initiatives, including insect-based feed from food waste.
• Hendrix Genetics: Animal breeding company with aquaculture lines including shrimp and salmon genetics; overlaps with Blue Aqua's broodstock and breeding center activities in Singapore.

Direct peers

• Atlantic Sapphire: Land-based salmon farming company using RAS technology; directly comparable to Blue Aqua's RAS-based trout and shrimp farming model and indoor-fish-farming regulatory-first approach.
• AquaBounty Technologies: Land-based aquaculture company focused on sustainable fish production using advanced recirculating systems; directly comparable in technology-driven, indoor, regulated aquaculture.

Regional players

• Seara (JBS): Large Latin American seafood and protein processor; relevant regional comparable for Blue Aqua's seafood processing and ASC-certified shrimp ambitions outside Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/blueaquaint
• Facebookfacebook.com/blueaquaint
• LinkedInlinkedin.com/company/blueaquaint

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blue Aqua