Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


80% of fish farming cost come from feeding. eFishery autofeeding method helps to optimize that cost, resulting in better feed performance

Investors prioritising technology and aquaculture goes digital (Video)

Click on the flag for more information about Indonesia INDONESIA
Tuesday, September 17, 2019, 22:40 (GMT + 9)

New technologies are helping Indonesia tap into its huge potential in aquaculture and cement its position as one of the world’s top aquaculture nations.

Indonesia’s aquaculture sector has enjoyed strong growth over the past decade and the country’s 6.2 million metric tonnes in 2017 placed it behind only China and India in terms of output.

While marine capture fisheries production grew around 34 percent from 2008 to 2017, growth in Indonesia’s aquaculture sector exploded by 264 percent during the same period according to data from the United Nations Food and Agriculture Organisation (FAO).

Indonesia aquacultureSource: United Nations Food and Agriculture Organisation /theaseanpost.com

Increase productivity

Around 3.3 million people are directly employed in Indonesia’s aquaculture industry, but 80 percent of all fish producers and 70 percent of all shrimp producers are smallholders who use manual methods, highlighting the sector’s massive promise.

Aquaculture is expected to provide close to two-thirds of global food fish consumption by 2030, and ensuring that effective technology tools such as data analytics and the Internet of Things (IoT) are in place will help maintain the industry’s sustainability and continued growth.

Although Indonesia has about 26 million hectares of coastal land which is suitable for aquaculture expansion, much of it includes ecologically sensitive mangrove and coral reef habitats.  

Apart from having high biodiversity value and playing a vital role in climate change resilience, these coastal lands provide critical ecosystem services that are the foundation of economic sectors such as fisheries and tourism. The greatest economic returns are likely to be achieved through the implementation of more productive processes on existing farms as opposed to launching new ones. 

Smart feeding system

Start-ups such as eFishery, which markets itself as the first ‘fishtech’ start-up in Indonesia, are helping to provide farmers with the right tools they need to get the most out of their fish farms. Founded in 2013, eFishery provides an IoT automatic feeding system which allows farmers to monitor and schedule feeding times.

The feeding system’s in-water vibration-based sensor, combined with machine learning, detects and determines the appetite of the fish to avoid overfeeding or underfeeding and releases the optimal amount of feed. 

Fish feeding accounts for 60 to 90 percent of total production costs in commercial aquaculture and is primarily done using hand-feeding methods. These methods often result in underfeeding or overfeeding – which then leads to malnourishment, feed wastage and negative environmental impact.

“eFishery’s Smart Feeder has shortened our harvest cycles and improved our water quality. Our feeds are always in great nutritious condition since they are on top of the water for a much shorter period of time before being eaten,” said Rio Albab, a shrimp farmer from Karawang, West Java. 

“My pond’s feed conversion ratio has improved significantly (and) the shrimp sizes have evened out because the Smart Feeder distributes the feeds more evenly,” he added.

Rio is just one of the over 1,300 fish and shrimp farmers in the country who are using eFishery’s solution across 3,000 ponds. On average, these farmers have reported an increase in profits of over 20 percent.

Another start-up, Jala Tech, provides IoT devices that monitor the quality of pond water in shrimp ponds. This data can be accessed online in real-time, and reliable analysis on water parameters is then provided for farmers to effectively manage and treat their ponds – thus minimising the risk of harvest failure.

Investors prioritising technology

Start-ups such as Aruna serve as an e-commerce platform for farmers and allows them to sell their produce directly to wholesale buyers, while online fundraising sites and peer-to-peer (P2P) lending platforms such as Growpal and IWAK are also increasingly gaining prominence as viable ways to attract investors.

Investors, meanwhile, are increasingly looking at farms which adopt farm data management tools to reduce risk – and if records exist – for investors to assess the risk level of a business more accurately.

In a report released last year titled ‘Investment Guideline for Sustainable Aquaculture in Indonesia’, Indonesian non-government organisation (NGO) Yayasan Inisiatif Dagang Hijau advised potential investors to prioritise businesses which adopt water quality sensors to increase their control over water quality and automatic (preferably IT-based) feeding units as a way to reduce overfeeding and to calculate the break-even point. 

Imaging-based assessments on the size and characteristics of the stock are also other crucial elements investors have been told to prioritise when deciding which companies to invest in.

Global fish stock is on the decline thanks to overfishing, and the world’s fisheries haul plunged by two million tonnes from 2015 to 2016 alone.

With its strong track record as a major exporter to global markets, the digitalisation of Indonesian aquaculture will have a vital role to play in satisfying the seafood needs of ASEAN and beyond.

Source: Jason Thomas/theaseanpost.com

[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
European Union
Oct 15, 00:00 (GMT + 9):
Reports show EU countries have not enforced fish discard ban
European Union
Oct 14, 15:20 (GMT + 9):
EC pushes for long-term sustainability of Baltic stocks at AGRIFISH Council
Peru
Oct 14, 07:40 (GMT + 9):
Government rejects inaccurate statements about unilateral increase of jack mackerel quota
Norway
Oct 14, 00:10 (GMT + 9):
Atlantic salmon exports (Salmo salar): Prices and markets W40
Worldwide
Oct 14, 00:10 (GMT + 9):
Weekly movements of fishmeal and fish oil (Norway, China, Peru) W40
Canada
Oct 14, 00:00 (GMT + 9):
Mowi: Temporary suspension of 10 salmon licences in Newfoundland
Peru
Oct 14, 00:00 (GMT + 9):
SNP supports government decision to set jack mackerel catch limits in Peruvian sea
Chile
Oct 14, 00:00 (GMT + 9):
ASIPES supports government efforts to avoid jack mackerel overfishing in the Pacific
Mexico
Oct 14, 00:00 (GMT + 9):
Microplastics found in 20pc of commercially important Mexican fish
France
Oct 11, 23:00 (GMT + 9):
Atlantic salmon trial demonstrates efficacy of novel alternative protein for aquafeed
European Union
Oct 11, 22:40 (GMT + 9):
Widespread engine power fraud calls for stronger cuts in fishing effort
Mexico
Oct 11, 21:40 (GMT + 9):
Small pelagic catch sizes established in the Pacific and the Gulf of California
China
Oct 11, 11:30 (GMT + 9):
IFFO’s Annual Conference to communicate the marine ingredients industry’s position
United Kingdom
Oct 11, 11:20 (GMT + 9):
IPNLF awarded UNCTAD observer status
Marshall Islands
Oct 11, 11:00 (GMT + 9):
Bigeye and yellowfin tuna fishery achieves MSC certification



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Alaska fishermen sue EPA over pebble mine decision
United States Five Alaska groups filed suit in federal court against the EPA on Oct. 8, challenging the agency’s July decision to undo proposed restrictions on mining operations in Alaska’s Bristol Bay ...
IFFO’s Annual Conference to communicate the marine ingredients industry’s position
China This year’s IFFO Annual Conference will be held in Shanghai from 4 to 6 November and will be an opportunity to celebrate IFFO’s 60th anniversary. The packed agenda will communicate the mar...
Widespread engine power fraud calls for stronger cuts in fishing effort
European Union The conservation organization argues that EU ministers must reduce the fishing effort more than proposed by the European Commission to stop the overfishing crisis of hake, mullet, Norway lobster and p...
Thai Union will issue subordinated perpetual debentures to strengthen financial structure
Thailand Thai Union Group PCL., one of the world’s largest seafood companies, is preparing to issue up to THB 4 billion (USD 131.7 million) debentures with an additional greenshoe of THB 2 billion, total...
 
Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
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. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
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
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.
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
Brim Ltd (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly 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
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
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
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
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2019 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER