UK seafood industry launches ambitious 2040 vision
The English seafood supply chain has just launched a strategy framework, setting out a vision for the development of a thriving and sustainable seafood industry over the next few decades.
Seafood 2040 (SF2040) is the first document that encompasses all seafood sectors in a road map. It sets out the current state of the industry and the scope of ambition, together with a gap analysis and 25 recomm… Read More
A new online interactive tool launched Wednesday, 6 December will help fishermen from the European Union meet the requirements of the E.U.’s landing obligation, which was introduced under the reformed Common Fisheries Policy.
The landing obligation is gradually being phased in across regulated commercial species, and by 2019 will require all catches onboard to be landed and counted against quota. It is seen as a vital measure in … Read More
iFarm, a new salmon farming concept developed by BioSort in conjunction with fish farming company Cermaq, is one step closer to becoming a reality.
The Norwegian Directorate of Fisheries has declared iFarm to be within the scope of its development license system, under which Cermaq has submitted applications for 10 licenses to implement the new technology, and take it from research phase to a viable system.
According to Harald Takle, techno… Read More
Fishing, aquaculture, and fish processing have become big business in Ecuador, and seafood is currently the country’s fourth-largest export, generating an estimated USD 896 million (EUR 762.1 million) per year. This figure is expected to grow as Ecuador continues to develop its shrimp and tilapia aquaculture sectors.
Large pelagic species are the mainstay of the fishing industry, particularly the common dolphinfish, escolar, marlin, sailfis… Read More
Netherlands-based investment fund Aqua-Spark is feeding the growth of the sustainable aquaculture movement with an increasingly large and diverse portfolio of investments in the sector.
The fund was launched in December 2013 with the goal of investing in small- to medium- sized enterprises that produce fish, shellfish, and aquatic plants “in ways that create positive social and environmental impact.”
Aqua-Spark founders Mike Vel… Read More
Following the release of the WWF report “Seafood and the Mediterranean 2017” earlier this year, which found that a very large proportion of assessed fish stocks are threatened by overfishing in the Mediterranean Sea, a new body of work undertaken by WWF in association with The Boston Consulting Group (BCG), provides a more focused perspective.
Aquaculture can be a risky business, in part due to the natural volatility of the sector and the potential for losses due to disease, said Rabobank’s Gorjan Nikolik during a panel discussion at the 2017 Global Aquaculture Alliance's GOAL Conference last week in Dublin, Ireland.
“And there have been a few high-profile bankruptcies in the past,” Nikolik said. “However, we should not rely too much on historical events, as tec… Read More
Chinese feed giant Guangdong Evergreen Feed Industry Co. has won the F3 fish-free challenge for their tilapia feed, picking up a prize of USD 200,100 (EUR 169,981) on 4 October at the Global Aquaculture Alliance’s GOAL 2017 conference held in Dublin, Ireland.
F3, set up in 2015 by HeroX, challenged feed producers to come up with alternative sources of primary protein for use in aquaculture, and to sell at least 100,000 metric tons of … Read More
An aquafeed sustainability panel at GOAL 2017 in Dublin, Ireland, moderated by Dan Lee from Global Aquaculture Alliance (GAA), provided heated debate as panelists looked at the challenges for the industry over the next 20 years.
Kevin Fitzsimmons from the University of Arizona, who heads up the F3 Fish-Free Feed Challenge, which announced its 2017 winner at GOAL of 4 October, explained that in order for the aquaculture industry to develop f… Read More
The global shrimp market is expected to expand at a significant compound annual growth rate over the next 10 years, with the Asia Pacific region, excluding Japan, likely to dominate the market with more than a 35 percent share, according to a new report from Future Market Insights.
The report, “Shrimp Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, estimates that the current market value is around… Read More