Unlike commercial fishing, sea farming doesn’t have a rich, long history in Iceland.
In the 1990s, the country had its initial but, ultimately, unsuccessful foray into the sector. A second crack of the whip some 15 years ago unfortunately had much the same outcome, but the most recent wave of development has a different feel about it, with producers confident that the third time’s the charm. And they seem to be right – a success… Read More
Overall, shrimp production in Asia will increase by 5 to 10 percent this year compared to 2016, but there will continue to be some important anomalies in key production regions, anticipates Jim Gulkin, managing director of the Bangkok-based Siam Canadian Group.
Thailand’s production is up this year, with Gulkin telling SeafoodSource that he expects an increase of between 10 to 15 percent over last year. But he added that the competition for… Read More
Global aquaculture production continues to expand with much of the current growth being driven by Asia – and China in particular, but there are mounting concerns relating to the environmental and social impacts of the region’s reduction fisheries and its fishmeal production.
Speaking at the SeaWeb Seafood Summit 2017 in Seattle, Andy Jackson, technical director at IFFO, the Marine Ingredients Organization, highlighted that in volume t… Read More
While fishing is one of Iceland’s most important industries, directly contributing more than 8 percent of GDP, or 25 percent if the indirect effects of the ocean cluster are taken into account, the country is also home to an aspiring aquaculture sector with the recently reintroduced farming of Atlantic salmon leading the current charge.
“It is a small industry but it’s growing,” said Einar Gudfinnsson, chairman of the Icel… Read More
Fishmeal supplies should be strong and prices attractively positioned throughout this year following the recent strong fishing season for anchoveta (Engraulis ringens) and white anchovy (Anchoa nasus) in north-central Peru, confirmed Gorjan Nikolik, associate director of animal protein with Rabobank International.
The second fishing season ended in January with a significant year-on-year increase in catch after Peru’s Ministry of Production (P… Read More
Norwegian salmon has been strengthening its position in the United States and taking additional market share in what is a growing market. In a two-part interview, Egil Ove Sundheim, director U.S.A. for the Norwegian Seafood Council (NSC), guides SeafoodSource through the trade and highlights where further growth is likely to come from.
SeafoodSource: In volume terms, how much Norwegian salmon was exported to the U.S. market last year and what wa… Read More
Established 20 years ago through the privatization and merger of New Zealand’s two largest salmon companies, New Zealand King Salmon is a vertically integrated salmon farming, processing and marketing firm with an annual turnover of NZD 115 million (USD 82.1 million, EUR 73.4 million). Owning and operating 11 sites in the Marlborough Sounds of which eight are being farmed, it is the world’s leading producer of king salmon (Oncorhynchus tshawy… Read More
Norway first began the commercialized farming of trout (Oncorhynchus mykiss) in its ice-cold fjords in the 1960s, the same time as it began farming Atlantic salmon (Salmo salar). While Norwegian salmon has evolved into a global product, accounting for the lion’s share of total salmon consumption worldwide, the country’s fjord trout has remained relatively niche by comparison. On closer inspection, though, many markets have been opening up, an… Read More
With its massive population and fast growing wealth, India has been singled out by Norwegian seafood producers and exporters as a market with considerable long-term potential. Similarly, the demand for imported products in the Indian market is expected to increase considerably over the coming years.
Less than two months ago, in order to gain a stronger foothold in the market, the Norwegian Seafood Council (NSC) – a public company owned by Norw… Read More
A return to form for the Peruvian anchovy fishery second season, which ended in January 2016, and the subsequent increase in fishmeal supply should lead to an easing of fishmeal prices this year.
There had been concerns that again fishmeal supplies would be tight in 2016, however the Peruvian anchovy catch – from the single-largest fishery in the world – was good through to its conclusion with a 100 percent quota utilization, said Gorjan Nik… Read More