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IN BRIEF - The warm water aquaculture feed market size was valued at USD45,696.2 million in 2018 and is expected to reach USD 60,914.9 million by 2026

UNITED STATES
Friday, August 09, 2019

NEW YORK, - Warm Water Aquaculture Feed Market by Species (Chinese Fed Carps, Tilapia, Catfish, Milk Fish, Shrimps, and Crustaceans) and Nature (Organic and Conventional): Global Opportunity Analysis and Industry Forecast, 2019–2026.

The warm water aquaculture feed market size was valued at USD 45,696.2 million in 2018 and is expected to reach USD 60,914.9 million by 2026, registering a CAGR of 3.7% from 2019 to 2026.

Warm water aquaculture feed are compounded meals formulated for fishes, shrimps, and crustaceans by mixing various raw materials such as sunflower, corn, soybean, fish meal, and fish oil. These blends are formulated based on specific requisite of the species and age. Warm water aquaculture feed plays a vital role in aquaculture industry, owing to its high nutritional content, immune-resistant, and growth-promoting properties of compounded feed.

Source: PR Newswire


IN BRIEF - B.C. First Nations call for closure to commercial, recreational fishing on Fraser River

UNITED STATES
Friday, August 09, 2019

The B.C. Assembly of First Nations is calling for all commercial and recreational salmon fishing on the Fraser River to stop immediately, in order to help salmon attempting to get through the Big Bar slide.

In a release, regional chief and Pacific chair of the Assembly of First Nations Fisheries Committee Terry Teegee said that all commercial and recreational fishing be closed until the landslide can be cleared.

Source: Cloverdale Reporter


IN BRIEF - Greenpeace response to FishChoice interim policy on forced labor

UNITED STATES
Friday, August 09, 2019

Washington, DC – FishChoice released an interim policy on forced labor, child labor, and human trafficking today.

In response, Greenpeace USA Senior Oceans Adviser Andy Shen said:

“Greenpeace applauds FishChoice’s decision to institute an interim policy on forced labor, child labor, and human trafficking covering all of the Fishery Improvement Projects (FIPs) listed on its platform, FisheryProgress, though more work remains to develop a strong permanent policy that will ensure long-term change on the water. As FisheryProgress covers more than 85% of FIPs globally, FishChoice’s policy could significantly reduce human and labor rights abuses in fisheries around the world, and by extension, illegal and overfishing. With over 2,000 users, FishChoice’s policy could also catalyze much needed improvements on human rights due diligence by U.S. buyers.

Source: Greenpeace


IN BRIEF - Oyster seeding: A ‘tangible, physical’ way to help the water

UNITED STATES
Thursday, August 08, 2019

Ocean Gate, N.J. - Restoring oyster beds and helping keep the water clean isn’t just for scientists and environmental groups anymore.

Students, younger children and those with no particular scientific background like the idea that something they do this morning can be helping the earth by this afternoon.

Kenna Allocco, 12, of Beachwood, New Jersey, recently helped remove bags of whelk shells with baby oysters attached to them from a bubbling tank in preparation for their journey to a Barnegat Bay reef, in between asking a dozen or so incisive questions of program leaders.

Source: Pattaya Mail


IN BRIEF - High Liner shares drop as Q2 net earnings drop on costs associated with job cuts

CANADA
Thursday, August 08, 2019

LUNENBURG, N.S. - High Liner Foods Inc. shares dropped by as much as 13.4 per cent Wednesday 7th of August 2010 after the frozen seafood company said its net earnings plunged in the second quarter as it absorbed costs associated with a 14 per cent cut of its salaried workforce.

The Nova Scotia-based company’s shares fell to CAD 8.97 in early trading on the Toronto Stock Exchange and were down 83 cents or 8.2 per cent at CAD 9.34 about midday.

High Liner, which reports in U.S. dollars, says it earned USD 946,000 or three cents per diluted share for the three months ended June 29, compared with USD 2.8 million or eight cents per share in the prior year.

Source: City News 1130


IN BRIEF - Locals fear mussel farming expansion plan could spoil Golden Bay's 'outstanding natural character'

NEW ZEALAND
Wednesday, August 07, 2019

A group of Golden Bay locals are opposing plans to encourage more mussels to their shores.

Feedback is being sought on a NZD 28 million upgrade to Port Tarakohe, which in its current state won't be able to cope with the imminent growth of marine farming at the top of the South Island.

Around 70 per cent of the country’s marine aquaculture occurs in the region, “so this area is really significant for New Zealand”, explains Marine Farming Association president Jonathan Large.

Source: TV NZ


IN BRIEF - The rigging of data is the latest scandal on Chilean salmon farms

CHILE
Wednesday, August 07, 2019

This salmon farming company is situated on the southern tip of Chile under the name Nova Austral. The company is able to say that its antibiotic salmon are free.

This is a big sale. Many consumers of farmed salmon are put up on antibiotics. So the type of antibiotic-free premiums can get as much as 30% over the regular things in international markets. (Salmon caught in the wild are still much more than four times collected on the farm.) 

Source: Newsy Today


IN BRIEF - Fish Factor: Trade war with China hit US seafood industry hard

UNITED STATES
Wednesday, August 07, 2019

It’s been one year, so how’s that trade war with China working out for the nation’s seafood industry? 

As with farmers, there’s not much winning and ongoing tweeted skirmishes have global fish markets skittish.

The quick take is the 25 percent retaliatory tariff imposed by China on US imports last July caused a 36 percent drop in US seafood sales, valued at USD 340 million, according to an in-depth analysis of Chinese customs data by Undercurrent News.

Source: The Cordova Times


IN BRIEF - Krill oil Market Set to Massive Growth Revenues by 2026

UNITED KINGDOM
Tuesday, August 06, 2019

Krill oil is oil from a tiny, shrimp-like animal. Baleen whales, mantas, and whale sharks eat primarily krill. In Norwegian, the word “krill” means “whale food.” People extract the oil from krill, place it in capsules, and use it for medicine. Some brand name krill oil products indicate that they use Antarctic krill. This usually refers to the species of krill called Euphausia superba.

The omega-3 fatty acids in fish oil have various potential health benefits, one of which is aiding weight loss. More importantly, fish oil omega-3s may help you lose inches and shed body fat. However, studies have found these effects appear to be modest, and they may not apply to everyone.

Source: Boscalicious


IN BRIEF - Longtime Bellingham fish processor to close portion of operation and reduce staff

UNITED STATES
Tuesday, August 06, 2019

A longtime seafood processor is shutting down a part of its operations, resulting in the layoff of about 40 workers.

Bornstein Seafoods CEO Colin Bornstein said that the business is closing the groundfish processing portion of its Bellingham operations later this month. It will keep its value-added albacore tuna operations intact, which employs about 25 people.

The decision to close the groundfish processing portion was because of changing regulations and commercial fishing fleet consolidations, Bornstein said. Much of the groundfish now comes from Oregon waters, closer to three Bornstein Seafoods processing plants. He noted that it costs more time to have the groundfish taken to Bellingham for processing.

Source: Bellingham Herald


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