Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
If you would like to send us an article, contact Margaret Stacey
   


Most of the world's surface is ocean and most of the ocean is desert because it contains too little nutrient to support much life (Photo: NOAA)

Invention Could Reverse Decline of World Ocean Fisheries

  (AUSTRALIA, 11/9/2010)

Ecofluidics invented its Nutrient Megapump in response to Sir Richard Branson's Virgin Earth Challenge (VEC) which offered a prize of USD 25 million for the first group to devise a method of removing CO2 (carbon dioxide) from the atmosphere. The VEC closed without winners in February 2010. 

As soon as Ecofluidics invented its Nutrient Megapump they saw that it was the best solution to a more important problem: ocean fisheries decline. World ocean fisheries have greatly declined, while demand for wild fish and Catch Effort, continues to increase, especially in East Asia.

Ecofluidics method not only removes CO2 but decreases ocean acidity and generates large amounts of fish. These new fisheries alone make the project commercially viable even without income from carbon credits

Half of the world’s wild ocean fish depend on natural upwellings, which bring nutrients up into the sunlit surface, the “euphotic” zone, from deeper, more nutrified layers. These natural upwellings occupy only 0.1 percent of the surface of the ocean.
The Nutrient Megapump uses the vast, untapped energy resource of hydrothermal vents situated along mid-ocean ridges to pump nitrate and phosphorus rich water from approximately 1000m depth up into the euphotic zone at less than 100 metres depth.

The pump has no moving parts and uses self-generated sonic shocks

Using the Nutrient Megapump to add an extra 0.2 percent of upwelling area to the oceans would double the world’s supply of wild ocean fish, according to Ecofluidics.

The approximate value of man-made nutrient flows can be estimated from the value of sustained production tonnages of well-managed wild fisheries based on natural upwellings. There have been two outstanding examples:

Russians and others took approximately 20 million tons of fish out of the Namibian upwelling during the 20 year period 1968-88, i.e. at a rate of about 500 kilotons per year per Sverdrup (k/y/S).

The Peruvian upwelling of about 15 Sverdrups produced approximately 20 million tons of anchovy per annum during non-El Nino years. Its maximum sustainable yield (MSY) was about 666 k/y/S.

Pumps need valves to control flow. The Nutrient Megapump utilizes the strange properties of wet steam to create a valve

“The Nutrient Megapump will be producing wild ocean fish of highest quality. So it is reasonable for us to value our fish using today’s overall $/ton rate from the world’s most up market contemporary wholesale fish market, Tokyo's Tsukiji”, says Peter Nielsen, Ecofluidics Director.

“Tsukiji is processing over 700,000 tons of fish per year in 2010 for an annual turnover of more than USD 6 billion, giving an average wholesale price of USD 8,572 per ton.

“The Namibian catch rate figure of 500,000 tons of fish per year per Sverdrup and the Tokyo average wholesale price of USD 8,572 per ton give an artificial upwelling value of USD 4.3 billion per year per Sverdrup.

“Using our estimated Yield of a 1 GW Nutrient Megapump of 1.7 x 10^-2 Sverdrup gives us an annual return in fisheries product from a single 1 GW Nutrient Megapump of USD 80 million/year.

The Nutrient Megapump is a gigantic bubble pump operating on a similar principle to the pump inside a kerosine refrigerator

“Carbon Credits of possibly greater value would be a further income. Ocean acidification due to CO2 is increasingly seen as threatening marine ecosystems.

“But our estimated USD 300 million cost of a 1GW Nutrient Megapump could be paid for by the fisheries value alone, hence apparent profitability. More powerful 1-10GW Megapumps would have even greater economies of scale”, Nielsen concluded.

All materials and images © 2007 Ecofluidics Pty Ltd. (ACN 091 770 339) No unauthorised reproduction.

Margaret E.L. Stacey
Editor Companies and Products
[email protected]
www.fis.com


Information of the company:
Address: 12 View Street
City: Sandy Bay (7005)
State/ZIP: Tasmania
Country: Australia
Phone: +61 3 6295 0468
E-Mail: [email protected]
More about:


Location:

View Larger Map



 Print


Click to know how to advertise in FIS
MORE ARTICLES
MSC Scholarships to Help Fund Fisheries Research in East Africa and Kenya
BioMar Celebrates 10 Years of Strategic Sustainability with BioSustain
SIMBA Seafood Traceability System Improves Productivity
Gfresh Partners with JD.com to Smash Single Day Sales Record of Live Lobsters
Ny-Fiskur Invests in Another FleXicut System
AS PRFoods Sales Revenue Increase by 34%
Alaska Fisheries Development Foundation Announces the 25th Alaska Symphony of Seafood 2018
Raley's Supermarket Announces Transition to Sustainable Seafood
Young’s Launches Their New, Best Tasting ‘Simply Breaded’ Range
Spanish Tuna Firm PEVASA, First to Obtain 'Tuna from Responsible Fishing' Certificate
Tesco Wins Top Sustainable Fish Counter Award
Ocean's Efforts Recognized in Greenpeace Canada's 2017 Canned Tuna Sustainability Ranking
Introducing New Bella Portofino Italian-Style Tuna In Extra Virgin Olive Oil
The Largest Shrimp Production and Storage Facility of The Netherlands
Top 10 Shortlist Revealed for 2017 Seafood Restaurant of the Year
Five Aquaculture Innovations Reach Final Round
Wärtsilä 31 Main Engine to Power New Fuel Efficient Fishing Vessel
Alibaba Group Announces Strategic Cooperation with Chicken of the Sea
World's Largest Wild Salmon Run Harvest Season Opens
FishChoice Launches New Sustainable Seafood Self-Assessment for Businesses
More Articles...

Lenguaje
FEATURED EVENTS
  
TOP STORIES
Hy-Vee deepens its commitment to responsibly sourced seafood products
United States Hy-Vee announced that all their national brand frozen seafood offered at their stores is responsibly sourced in compliance with the Midwestern grocery chain’s seafood procurement policy.
Sanctions against illegal fishing hardened to seek EU's green light
Taiwan The Taiwanese Government imposed fines in 109 cases of illegal fishing involving deep-sea fishing vessels from Taiwan as of the end of July.
Pacific salmon found in Irish rivers cause bewilderment
Republic of Ireland The finding of 30 pink salmon in nine rivers of the West Of Ireland since last June has caused concern among Inland Fisheries Ireland authorities, since this is a native species to the Pacific Ocean.
Chinese vessel captured in Galapagos with threatened shark species
Ecuador A Chinese flagged vessel with some 300 tonnes of fish, including at least two shark species considered vulnerable by Ecuadorian authorities, was detained in the Galapagos Islands marine reserve.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
Food Project (Siam) Co., Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2017 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER