Seafood News Aquaculture

Clean Seas takes action against feed suppliers

World Headlines Big quota brings big challenges Copper River sockeye harvest falls... Clearwater’s John Risley’s next... EU threatens Faroe Islands with... Fiji company denies shark finning... China feed firms thriving Iceland fishing group challenges... Seafood carves a niche in the... UAE curbs shark trade to save...  Farmed or wild, salmon prices to... US catfish program repeal makes... SeafoodSourceTV: Behind China... Iceland, MCS trade blows over... Ocean Beauty helps open king... Iglo Austria hits 100%... China's 1Q seafood exports up

By SeafoodSource staff
14 November, 2012 - It was the feed all along, it seems. Pioneering aquaculture company Clean Seas Tuna has sought compensation worth tens of millions of dollars from two suppliers for the loss of kingfish devastated by the deficiency of an amino acid, taurine, in their feed.

Chief executive Craig Foster said Clean Seas had issued formal dispute notices to its two major feed suppliers after getting independent legal advice and assessment of kingfish feed protocols in Japan.

''The board has determined to invoke formal dispute resolution procedures with both feed suppliers to attempt to find a commercial compromise of the claims the company considers it has against both suppliers,'' Mr Foster said.

Clean Seas would not identify those companies it had notified, but industry sources said listed Ridley Corporation and Tasmania's Skretting were the two major feed suppliers in Australia. Neither Ridley nor Skretting returned calls yesterday.

Foster said it had taken months to determine the cause of the kingfish deaths that struck Clean Seas this year, after two years of poor performance. By adding taurine to the feed, he said, ''simply, empirically, we can see we've reversed the whole health problem."

Click here to read the full story from The Sydney Morning Herald >

| Printer Friendly Version | Back to home »