Omega Protein Corporation (Public, NYSE:OME) is a processor, marketer and distributor of fish meal and fish oil products in the United States. The Company produces and sells a variety of protein and oil products derived from menhaden, a species of wild herring-like fish found along the Gulf of Mexico and Atlantic coasts.
Omega processes several grades of fish meal, as well as fish oil and fish solubles. Omega's fish meal products are primarily used as a protein ingredient in animal feed for swine, cattle, aquaculture and household pets.Fish oil is utilized for animal and aquaculture feeds.
Accounting for over 70% of the menhaden caught in the United States and over 15% of the nation's total seafood landings. Omega Protein is one of the largest fishing companies in the United States in terms of tonnage, and one of the largest fish meal companies in the world. Omega Protein's 40 fishing vessels and 35 spotter planes are housed at the company's home ports and processing plants in Abbeville and Cameron, Louisiana; Moss Point, Mississippi; and Reedville, Virginia.
The EU proposes global deal to limit fisheries subsidies European Union
The EU proposes to curb subsidies causing overfishing in WTO countries, but its proposal foresees flexibility for developing countries and takes account of the needs of fishing communities in least developed and developing countries.
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