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IN BRIEF - Loch Duart plans for growth with GBP 4m cash injection

UNITED KINGDOM
Friday, November 23, 2012

Loch Duart, founded in 1999 and with about 60 employees across its operations in Sutherland, provided fish for the royal wedding last year and the Diamond Jubilee celebrations.

It also counts a wide range of fine dining restaurants, including Gordon Ramsay at Claridge's in London and the Dornoch Castle Hotel, among its customers.

Now Loch Duart is being backed by the Scottish Investment Bank (SIB) and Capicorn Investment Group and will use the money to upgrade equipment and infrastructure plus invest in business development.

Source: Herald Scotland

 


IN BRIEF - Earns a profit of Rs 1200 million by fish exports last year

SRI LANKA
Tuesday, January 24, 2017

Sri Lanka has earned a profit of Rs. 1200 million by exporting fish in 2016. This was revealed at a progress and performance review meeting held in the Ministry on 16th January under the chairmanship of Minister of Fisheries and Aquatic Resources Development Mahinda Amaraweera. The minister at this event also gave directives to the officials regarding the fisheries development programmes and projects for 2017.
 
According to the statistics of the Ministry, fish exports income in 2016 was reported as Rs.1200 million. Such an achievement was possible due to the high demand in the international market for Sri Lankan Crab, Shrimp, Lobster and live fish. However, we are still catering only to 1/3 of the total requirement.
 
Fish imports income in 2015 was Rs. 20,336 million and in 2016 it has become Rs. 21,539 million generating a profit of Rs. 1203 million. Even though the amount of exported fish has reduced by 2.6%, the income of fish exports has increased due to the high price.
 
With the lifting of EU fish ban fish exports have increased. However, the fish exports to European countries are not included in these statistics.


IN BRIEF - Shrimp Trawling Proposal Protested By Local Fishermen

UNITED STATES
Tuesday, January 24, 2017

Commercial fishermen gathered in New Bern recently to speak out against a proposal put forward by the North Carolina Wildlife Foundation that would close much of North Carolina's waters to shrimp trawling.

The skyline of New Bern transformed early this week.  More than a dozen shrimp trawlers pulled up to the New Bern waterfront at Union Point Park.  Spectators gathered at the water’s edge to view the unusual display.  The vessels served as a visual demonstration among commercial fishermen against a proposal that would close much of North Carolina’s coastal waters to shrimp trawling.

Source: JARED BRUMBAUGH / publicradioeast.org | Read full article here


IN BRIEF - Seafood Market to Grow at a CAGR Over 3% from 2016 to 2022

INDIA
Tuesday, January 24, 2017

PUNE /PRNewswire/ -- Market Research Future published a Half Cooked Research Report on the Global Seafood Market, which has been estimated to grow over 3% post 2022.

Market Highlights
Seafood is a protein rich food. It is one of the broadly consumed foods worldwide. Shrimp, tuna and crab are the most popular seafood all over the world. Shrimp has become the highest growing seafood in recent years as it is easy to cook; consumers of all age groups enjoy it because of the premium flavor and texture.

Recently there is increase in the demand for cod liver oil, as it is a nutrient-dense source of essential vitamins including vitamin D and vitamin A, as well as anti-inflammatory omega-3 fatty acids. Fish oil supplements are in demand from women going through menopausal years to maintain a proper level of estrogen and progesterone hormone.

Market Forecast
In the last few years, consumers have become aware of flash frozen seafood products, which are also nutrient rich, non-requirement of filleting and deboning. Frozen seafood products are easier to transport than the fresh seafood products. Now, in recent years there is high demand for convenience food, so ready-to-cook seafood products have created huge opportunities in the market. This factor will play a key role to grow the seafood market at CAGR of 3% between 2016 to 2022.

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IN BRIEF - What can mackerel and an 1815 volcanic eruption say about climate change?

UNITED STATES
Tuesday, January 24, 2017

What could an Indonesian volcanic eruption, a 200-year-old climate disaster and a surge in the consumption of mackerel tell us about today’s era of global warming?

Quite a bit, researchers say.

A group of scientists and academics with the University of Massachusetts and other institutions made that assessment while conducting research about a long-ago calamity in New England that was caused by the eruption of Mount Tambora half a world away in 1815.

A cooled climate led to deaths of livestock and changed fish patterns in New England, leaving many people dependent on the mackerel, an edible fish that was less affected than many animals. The researchers assert that bit of history gives clues about what food security could be like in the modern era of climate change.

Source: PATRICK WHITTLEASSOCIATED PRESS | Read full story here


IN BRIEF - Why oysters, mussels and clams could hold the key to more ethic fish farming

UNITED KINGDOM
Tuesday, January 24, 2017

Aquaculture – the farming of aquatic animals – is one of the fastest growing food production industries in the world. But it’s growing the wrong way. Similar to factory farming, aquaculture is becoming an industrialized food system that is unsustainable and unnecessarily cruel. It doesn’t have to be this way. When it comes to aquaculture, we can avoid making the same mistakes that we made on land.

To reduce the problems in the rapidly growing aquaculture sector, government policies, investors, and farmers should encourage the production of bivalves – a group that includes oysters, mussels and clams. In a recent article in the journal Solutions, my NYU colleagues and I argue that bivalves are the most environmentally sound animal species group, and the least worrying when it comes to welfare.


Bivalves are the best option for farming if one chooses to farm and/or eat animals at all. They appear to have minimal ecological impact while minimizing concerns around welfare in captivity. In fact, bivalves may not just be the best option in the ocean, but the best choice if one chooses to eat animals, period.

Source: Jennifer Jacquet / theguardian.com | Read full article here


IN BRIEF - Salmon is about to get a lot more expensive

UNITED STATES
Tuesday, January 24, 2017

The price of salmon is expected to rise sharply in 2017 — and the reason is pretty gross. 

Sea lice have infested salmon farms in Scotland and Norway. The parasite isn't a new problem, but they have caused more harm with the growth of large salmon farms. Researchers also found that warmer waters, caused by climate change, could be making the sea lice problem worse. 

Sea lice are also affecting wild salmon populations as they come into contact with the fish at salmon farms, Time reports. 

NASDAQ tracks the price of the fish with a "salmon index," which has gone up 15 percent over the past three months. Plus, Norwegian salmon prices are up 40 percent since 2015, according to a report by the Norwegian Seafood Council.

A Financial Times report predicts the trend will likely continue.

Source: Alix Martichoux, San Francisco /sfgate.com | Read Video Report here


IN BRIEF - Strong harvests, more oversight marked 2016 groundfish fisheries

UNITED STATES
Tuesday, January 24, 2017

Last year was a good year overall for groundfish fisheries in the region.

With a few standout harvests and favorable proposals with the Board of Fisheries, managers are feeling optimistic heading into the new year.

The Alaska Department of Fish and Game oversees several groundfish fisheries within the Cook Inlet Management Area, which extends outside of Kachemak Bay to the north Gulf coast.

Pacific cod stood out in 2016 as it was open all year long for pot and jig gear in either a parallel or state waters fishery, Rumble said.

Despite the extended opening, the state waters fishery only reached 83 percent of its guideline harvest level, or GHL.

In contrast, fishermen reached the GHL for the very first time in the directed pelagic shelf rockfish fishery...

Source: By Shady Grove Oliver, KBBI / ktoo.org | Read full story here


IN BRIEF - Issues with FFDR in assessing aquaculture

UNITED KINGDOM
Tuesday, January 24, 2017

IFFO has published a position paper analysing the forage fish dependency ratio (FFDR) to provide clear information on this complex debate. FFDR is an often quoted term in the dialogue on fed aquaculture sustainability, but caution needs to be exercised in how the information is interpreted, and the figures produced for FFDR should not be examined in isolation nor should values for FFDR be used directly as measures of environmental sustainability. 

Fishmeal and fish oil produced from forage fish populations provides a substantial contribution to global food production and consequently is essential in meeting the nutritional requirements of billions of people around the world.  The use of the term FFDR confuses the issue by incorrectly assuming that the species used in marine ingredient production would have higher value to society in other areas such as direct consumption markets, or by environmental benefits through conservation.  As long as fishmeal and fish oil are produced from well managed fisheries, or from byproduct from fish from well managed fisheries, then their use in aquafeeds is valid. 

Currently, the Aquaculture Stewardship Council (ASC) is seeking feedback on FFDR in its Salmon Standard, which is open and reflects a proposal by the ASC to reduce the FFDR requirements even further for both fishmeal and fish oil.  At a time when salmon farmers may wish to differentiate their product through higher marine ingredient inclusions in their feeds, FFDR and the setting of values in ASC Salmon Standard effectively denies that opportunity to those farmers who may wish to be both ASC certified and produce premium end, niche product, even if this is a minor proportion of overall production and has little effect on global fishmeal and fish oil supply.

QUOTE: “There is often a lot of focus on the term FFDR in analyses of fed aquaculture’s environmental impact, but in reality the concept has little bearing on the harvest levels of forage fish populations although it was constructed to do exactly that”.
Dr Neil Auchterlonie, Technical Director, IFFO


IN BRIEF - Work begins to develop open-ocean marine farms

NEW ZEALAND
Monday, January 23, 2017

A site off the shore of Opotiki in Bay of Plenty and another site in Pegasus Bay in Canterbury are the areas where prototype technology will be trialled.

A group of international and New Zealand scientists met with academics and members of the aquaculture industry in Nelson last week.

Kevin Heasman of the Cawthron Institute, who is leading the project team, said it was a significant stage in helping to make a planned offshore industry viable.

More than 10,000 hectares of ocean in New Zealand is already consented for marine farming, but the technology has not yet been developed to cope with such a demanding environment.

Source: Tracy Neal / radionz.co.nz | Read full story here


IN BRIEF - Learn details of the Global aquafeed and aquaculture additive market forecast to 2021

WORLDWIDE
Monday, January 23, 2017

The report investigates and analyzes the Global Aquafeed and Aquaculture Additive Market and shows a comprehensive evaluation of the evaluation and its specifications. Another aspect that was taken is the cost analysis of the main products dominant in the Global ice cream industry considering the profit margin for the manufacturers.

Through this report, the core driving factors of the Global Aquafeed and Aquaculture Additive Market were identified and the business partners and end-users were also elaborated.

Get Sample Request for This Report


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MORE NEWS
United States
Jan 24, 15:00 (GMT + 9):
IN BRIEF - Shrimp Trawling Proposal Protested By Local Fishermen
Sri Lanka
Jan 24, 15:00 (GMT + 9):
IN BRIEF - Earns a profit of Rs 1200 million by fish exports last year
India
Jan 24, 14:30 (GMT + 9):
IN BRIEF - Seafood Market to Grow at a CAGR Over 3% from 2016 to 2022
United States
Jan 24, 14:20 (GMT + 9):
IN BRIEF - What can mackerel and an 1815 volcanic eruption say about climate change?
United States
Jan 24, 14:00 (GMT + 9):
IN BRIEF - Salmon is about to get a lot more expensive
United Kingdom
Jan 24, 14:00 (GMT + 9):
IN BRIEF - Why oysters, mussels and clams could hold the key to more ethic fish farming
United Kingdom
Jan 24, 10:00 (GMT + 9):
IN BRIEF - Issues with FFDR in assessing aquaculture
United States
Jan 24, 10:00 (GMT + 9):
IN BRIEF - Strong harvests, more oversight marked 2016 groundfish fisheries
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