SeafoodSource.com covers breaking news articles that pertain to the global aquaculture industry.
The National Fisheries Institute supports a proposed rule authorizing the Minerals Management Service to issue leases, easements and rights of way for offshore fish farms in federal waters, including on decommissioned oil platforms.
"Because aquaculture can help meet our nation's increasing demand for [seafood], NFI supports [the rule] that would provide for the alternate use of existing facilities located on the Outer Continental Shelf,… Read More
The push to establish a regulatory framework for U.S. offshore aquaculture is taking on water.
Last week, 12 congressmen, led by Reps. Nick Rahall (D-W.Va.) and Madeline Bordallo (D-Guam), urged the Bush administration to nix a rule authorizing the Minerals Management Service to issue leases, easements and rights of way for offshore fish farms in federal waters, arguing the agency doesn't possess the authority or expertise to do so. Nearly 50… Read More
U.S. Rep. Nick Rahall (D-W.Va.) and 11 other lawmakers submitted a letter to President Bush this week urging him to nix a proposed rule authorizing the Minerals Management Service to issue leases, easements and rights of way for open-ocean fish farms in federal waters. They said the MMS, part of the U.S. Department of the Interior, doesn't possess the authority or expertise to do so.
The rule also covers offshore wind, wave and other energy… Read More
Despite poor planning on behalf of catfish farmers, the Vietnam Association of Seafood Exporters and Producers today announced the country's catfish exports are expected to earn $1.2 billion this year, 29 percent of the country's total seafood export value.
Earlier this year, farmers suffered from an excess of supplies and later exporters hesitated to sign new contracts due to concerns about insufficient supply.
VASEP says the current… Read More
The Global Aquaculture Alliance announced Thursday that it's partnering with the All-China Federation of Industry and Commerce, Aquatic Production Chamber of Commerce (APCC), a farmed seafood trade association, to promote sustainable aquaculture in China.
The agreement lays the groundwork for collaboration on key areas, including certification standards, food safety, technology, research and education, according to the St. Louis-based GAA.
… Read More
Auckland, New Zealand, private equity firm Direct Capital has acquired a 45 percent stake in the New Zealand King Salmon Co. Ltd., the country's largest farmed-salmon company. Terms of the deal were not disclosed.
Owned by Malaysia's Tiong family, New Zealand King Salmon posts annual sales of more than $80 million, employs about 415 workers and produces more than 6,500 metric tons of chinook salmon a year. Founded in 1996, the Nelson-based… Read More
Data from a research project looking at the viability of farming halibut in New Brunswick's Bay of Fundy won't be in until next spring, but researchers expect positive results.
For the last three years, a team has been growing 50,000 halibut in offshore cages in Lime Kiln Bay, owned by Canadian Halibut. Over that time the team has looked at all aspects of farming halibut, such as optimum size to introduce juveniles from hatcheries to cages… Read More
A Massachusetts Institute of Technology researcher has developed a self-propelling underwater cage that may help offshore fish farms cut production costs and reduce environmental impact.
Cliff Goudey, director of MIT Sea Grant's Offshore Aquaculture Engineering Center in Cambridge, Mass., recently tested his technology at Snapperfarm, a cobia farm off Culebra, Puerto Rico, by fixing a pair of large, slow-turning propellers to 62-foot-diameter… Read More
A Chilean government task force cited the nation's $2.2 billion farmed salmon industry for the "intensive" use of antibiotics and recommended it be "streamlined" in a report it released yesterday, reports the Patagonia Times.
This is the second report the task force, headed by Minister of the Economy Hugo Lavados, has released since its formation in April. The group has pledged to strengthen the farmed salmon industry's regulatory guidelines.… Read More
In response to a government directive, Vietnamese banks have agreed to lend VND1.139 trillion ($69 million) to the country's processors to purchase from farmers all remaining pangasius weighing more than 1 kilogram, Agriculture and Rural Development Minister Luong Le Phuong told Asia Pulse today.
The processors plan to buy the remaining basa and tra surplus by month's end, processes it and export it.
By July 20, the pangasius surplus had… Read More