Insurance companies have a relevant role as they need to know the life time of the material/part of a system (e.g. polyester boxes and their standardised lifetime) warranty. As long as producers do not have standards provided, they will not risk to have no insurance or to have an extremely high insurance because of high risk of operation. Transparent, new standards for gear following circularity criteria will lower insurance costs for farmers and support their willingness to buy only these products.
Relevant type of aquaculture:
Relevant sea basin: