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BusinessHawaii News

Isle company halts its efforts to farm ahi

COURTESY HAWAII OCEANIC TECHNOLOGY INC. / OCTOBER 2009

Bill Spencer, Hawaii Oceanic Technology’s CEO, said he could not find investors for his company’s proposed concept of building a dozen cages each large enough to farm 20,000 100-pound yellowfin or bigeye tuna in the wild off the west coast of Hawaii island. A sketch illustrates a diver in a Hawaii Oceanic Technology underwater cage.