Around 80% of marine cages in Taiwan are devoted to cobia culture.[11] In 2004, the FAO reported that 80.6% of the world's cobia production was in China and Taiwan.[13] Vietnam is the third-largest producer, yielding 1,500 tonnes in 2008.[11] Following the success of cobia aquaculture in Taiwan, emerging technology is being used to demonstrate the viability of hatchery-reared cobia in collaboration with the private sector at exposed offshore sites in Puerto Rico and the Bahamas, and the largest open ocean farm in the world is run by a company called Open Blue off the coast of Panama.[14]