Ive not tried it or heard from anyone who did, but I'm skeptical how well it binds nitrate from seawater where there is lots of chloride ion (and sulfate ion) present (which is how it is regenerated: by placing it in a chloride solution). Admittedly, the regeneration solution is more concentrated than seawater, but the concept is the same; chloride competes with nitrate for positively charged binding sites.
I'm curious to see if anyone has used it and seen a rapid decline in nitrate.
FWIW, nitrate is an unusually difficult ion to selectively bind in this fashion.