Gulf Marine Institute of Technology (GMIT)

Gulf Marine Institute of Technology (GMIT), as a 501 C-3 non-profit research institute is developing technology and commercially profitable & humanitarian projects to establish low cost food production systems that may be transferable to other nations coastal zones to help supply part of the oceans depleting edible protein.

GMIT’s efforts harness aquaculture in a unique production program that tames fast-growing Gulf of Mexico finfish like “cobia” and shrimp using offshore decommissioned oil platforms AND/OR jack-up platform service vessels as a research and project management base for establishing sea cage farming operations.

Since 1995, GMIT has been developing a three-phase project for farming fast growing native finfish species in the Gulf of Mexico. Waldemar Nelson International prepared a feasibility study, which was funded by the National Oceanic and Atmospheric Administration (NOAA), addressing the fact that this concept has shown a vast potential for economic development.

GMIT received its U.S. Army Corps of Engineers (ACOE) permit in June 1999 for the acquisition and conversion of an existing oil and gas platform complex to mariculture. GMIT has applied for and expects to receive before the end of June 2000, an NPDES permit from the Environmental Protection Agency/Texas Natural Resources Conservation Commission and a lease from the Texas General Land Office to conduct the necessary scientific research and development that will lead to Phase III, commercial mariculture operations in Texas state waters of the Gulf of Mexico.

Co-Investors