Abstract: The present invention relates to a process of recovering non-hydrophilic components from algae-containing water. The process includes providing algae-containing water and a non-polar solvent. The algae-containing water and the non-polar solvent are mixed in a high shear environment under conditions effective to lyse the algae and cause non-hydrophilic components within the algae to be solubilized within the non-polar solvent. The water and the non-polar solvent containing non-hydrophilic components are separated from residual algal biomass. The non-polar solvent containing non-hydrophilic components is recovered. Also disclosed are a system for recovering oil from algae-containing water and a ship including the system of the present invention.