Global shrimp producers' long-term profitability depends on carefully instituting reforms to increase sustainability and lower risk – a lesson that can be garnered from the experiences of Thailand, Vietnam, Indonesia, and India, according to a new series of reports.
The reports, published by Boston Consulting Group, examine those four major shrimp producing countries and offer recommendations that can help shrimp producers and traders… Read More
The U.S. government has allocated USD 8 million (EUR 7.3 million) to fight IUU fishing and bolster the country's Seafood Import Monitoring Program (SIMP) as part of the US-Mexico-Canada trade agreement (USMCA) that was approved in January.
As part of the agreement, funding will go to the National Oceanic and Atmospheric Administration (NOAA) to help it cooperate with the Mexican government on fighting illegal fishing through 2023.
The USMCA… Read More
The microplastics inundating coastal estuaries and ocean waters around the world can, at high enough levels, kill juvenile oysters. A recently published study examined how microplastics affect juvenile oysters and found that oysters chronically exposed to microplastics in the lab are likelier to die – which could affect oyster farmers around the world… Read More
Aquasend, which is building a water quality monitoring buoy for aquaculture operations, will officially launch its Aquasend Beacon in February, and is ramping up operations to bring the product to the mass market in the next 12 to 18 months, CEO Kristin Elliott told SeafoodSource.
A handful of aquaculture operations, including two tilapia farms in California – where Aquasend is based – are currently testing the beacons, and Aquasend… Read More
The fishing industry is catching up to the data-driven digital revolution already remaking land-based agriculture and other industries.
And the fishing industry doesn’t need to wait for the future to arrive: the technology and advanced analytics that could improve environmental sustainability and increase profitability are available today, a recent report from global consulting and management firm McKinsey & Company concludes.
Fishing… Read More
In 2017, two South Korean vessels were caught fishing illegally and violating conservation measures in the region governed by the Commission for the Conservation of Antarctic Marine Living Resources, but were not sanctioned and instead were allowed to sell their fish on the international market.Read More
A new study has shown that fishery management, when done well, works, and is the solution for keeping fisheries sustainable.
By looking at data from about 30 countries around the world, a group of researchers have concluded that intense fisheries management has led to healthy or improving fish populations, while a dearth of management has led to overfishing. The researchers published their results in a study in the Proceedings of the National… Read More
When shrimp growers across Central America need advice, they turn to Honduran shrimp farmer Napoleon Araujo.
Araujo has a hand in just about every step of the shrimp supply chain. He's on the board of directors of Laboratory Unifinca, the largest hatchery production facility in Central America, with a capacity of 400 million post-larvae per month – larvae for 12,000 hectares in Honduras and Nicaragua. His first company, Inversiones… Read More
In the Pacific, adoption of seafood traceability technology faces hurdles at multiple stages of the supply chain.
Records frequently start on paper, which can be lost or damaged. Internet coverage is often spotty. Tags with QR codes have to be durable in harsh ocean conditions. Customs and habits are hard to change. And by the time the product is ready for the market, not everyone actually wants fully traced and transparent fish.
The Fiji-based… Read More
In Canada’s Pacific halibut fishery, the introduction of an individual transferable quota catch-share system in the 1990s has given rise to a new fisheries investor class, while pushing owner-operators off the water.
Danielle Edwards knows this intimately, both as an academic, and because she hails from a fishing family in a small community on the west coast of Vancouver Island. Her fishing lineage goes back several generations on both her… Read More