A physico-chemical processes for continuous and simultaneous water disinfection, oxidation of off flavor agents, minimization of trihalomethane (THM) production, reduction of nitrate and nitrite production and oxidation of ammonia so as to remove nitrogen species, in saline (e.g., seawater) based aquaculture systems. The aquaculture system may be any handling/storage/transport system, e.g., recirculated aquaculture systems (RAS), for fish or other aquaculture species.