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BioMar reports solid half-year results
August 19, 2019 BioMar reports solid half-year results BioMar's half-year report has underlined the company's long-term solid performance through increased volumes and revenue compared to 2018. The positive development leads the aquaculture feed supplier to increase its guidance for a full year in terms of revenue and EBITDA. BioMar's sales volume increased 4% compared to same period last year driven by strong performance in the salmon markets in the United Kingdom and Chile as well as within business units producing feed for other species across the world. Innovative product offerings and close cooperation with customers designing advanced feed solutions have been some of the factors driving the results, according to BioMar. "Feed is moving away from being a commodity product towards being a significant driver of welfare in the farms as well as a part of the value proposition towards the end-consumers. Many of our customers are determined to ensure, that we together deliver healthy and sustainable s
Monday, August 19, 2019
Canada's Novia Scotia province amends aquaculture regulations
August 19, 2019 Canada's Novia Scotia province amends aquaculture regulations The Canadian province of Novia Scotia recently updated aquaculture management regulations which will make the tracking of fish escapes easier while also strengthening the prevention of such incidents, the province's fisheries and aquaculture minister said. "Now if a fish escapes, once this is all in place, we can track the fish right back to the pen [from which] it escapes," Keith Colwell said in an interview. According to the minister, measures to trace fish will include DNA testing and tagging. With the updated regulations, there will also be a greater emphasis on the strength of fish pens that can better endure adverse weathers. Colwell said his department is also requiring operators to have their farm management plans kept in the province and altering the ocean bottom assessment requirements for shellfish-based aquaculture projects. - CBC
Monday, August 19, 2019
Tesco aims to replace fish oil with algal oil in salmon supply chain
August 14, 2019 Tesco aims to replace fish oil with algal oil in salmon supply chain Tesco has been working with the supermarket giant's salmon suppliers to promote the use of algal oil as an alternative to fish oil, Government Europa reported. The sourcing of algal oil could reduce the need to farm fish for their oil, thus mitigating pressure on marine ecosystems. In fact, based on early trials, algal oil was shown to deliver a similar or an even better nutritional benefit compared with fish oil. Suppliers have been testing the substitution, and Tesco aims to replace fish oil across its entire supply chain as part of its Little Helps Plan programme. The sustainability initiative seeks to address key sustainability challenges in the supply chain. The Wildlife Fund foor Nature's (WWF) UK division has voiced support for Tesco's efforts "to reduce the use of fish oil in their salmon feed," said its seafood and aquaculture specialist, Piers Hart. "WWF has been working on alternative raw materials in anima
Wednesday, August 14, 2019
US university, USDA partner to address challenge of producing high quality fish products
August 14, 2019 US university, USDA partner to address challenge of producing high quality fish products Scientists from Florida Atlantic University's (FAU) Harbor Branch Oceanographic Institute, one of the university's four research pillars, will partner with future US Department of Agriculture (USDA) Agricultural Research Service (ARS) scientists to address the challenge of adequately producing high quality fish products to meet demand. This year, FAU's Harbor Branch has received US$2.4 million from the USDA to help initiate a project that will boost the US aquaculture industry. As the largest importer of seafood products, expanding domestic production will reduce the country's reliance on imports and reduce the seafood trade deficit, according to FAU. The Harbor Branch faculty is uniquely skilled in warm water finfish research and development, and has led the way in advancing aquaculture in Florida, the US, as well as globally for more than 40 years. The USDA-ARS is behind the National Program for Aqu
Wednesday, August 14, 2019
UMITRON launches "world's first" real-time fish appetite detection system
Singapore-based UMITRON Pte. Ltd. has launched Fish Appetite Index (FAI), the world's first real-time ocean-based fish appetite detection system, the company announced today.
Wednesday, August 14, 2019
Thai Union Group gross profit up 13% in 2nd quarter
Seafood giant Thai Union Group PCL reported a 13.1% year-on-year rise in its second-quarter gross profit to 5.364 billion baht (US$174.424 million), thanks to stronger performances from the frozen seafood, as well as the value-added product and pet-care, business.
Monday, August 12, 2019
Aqua innovators to be recognised through Alltech Coppens' Inventor programme
August 8, 2019 Aqua innovators to be recognised through Alltech Coppens' Inventor programme Alltech Coppens has launched the Inventor programme to recognise innovations that are improving productions at aqua farms around the world. Aiming to discover and support some of the unique ideas developed by farmers for farmers, the Inventor programme will help to bring these ideas to a global market at Aqua InDepth, the Alltech Coppens conference taking place in Eindhoven, the Netherlands, from September 30-October 2. The journey toward feeding a population of 9.7 billion people by 2050 will require the global protein industry to be better, faster and more efficient than it is today, Alltech Coppens said. The company recognises that aquaculture has a leading role to play, and that increasing production will not only come from giant leaps in new technologies but from small steps forward which enable farmers to move beyond simple challenges. "We understand that farmers are inherently inventors. At Alltech
Thursday, August 8, 2019
Israel to support research of marine aquaculture in Eilat
August 7, 2019 Israel to support research of marine aquaculture in Eilat Israel will invest in promoting the research of marine aquaculture in the southern port city of Eilat, Israeli Prime Minister Benjamin Netanyahu said on August 5. According to Netanyahu, dozens of millions of shekels (about US$10-20 million) will be invested at the port to support technology and development of the mariculture sector. Netanyahu sees marine aquaculture as "the future of the food," saying global industry and startups would take part in this hub. Uri Ariel, Israel's minister of agriculture and rural development, said that Israel is one of the world's leaders in research and development of marine aquaculture, with "invaluable knowledge in this field." - Xinhua
Wednesday, August 7, 2019
US shrimp industry mover Elaine Knight passes away at 78
August 1, 2019 US shrimp industry mover Elaine Knight passes away at 78 Elaine Walker Knight, hailed as one of the pillars of the US shrimp industry, has passed away. She was 78. Knight was a founding director of the Southern Shrimp Alliance (SSA) and also served two terms as its president. She died on July 15, the SSA announced. Knight was also a founding director and the first president of Wild American Shrimp Inc., the shrimp industry's first national marketing initiative. "The shrimp industry has lost one of its most formidable and capable advocates with the untimely passing of Elaine Knight," said John Williams, SSA's executive director. "Miss Elaine was a rock-solid pillar of our industry to whom we all owe a huge debt of appreciation and gratitude." A native of Brunswick, Georgia, USA, Knight, together with her husband, Robert, was engaged in shrimp harvesting, processing and selling through their Knight's Seafood Inc. in Brunswick, Georgia. Brunswick is the center of Georgia's shrimp ind
Thursday, August 1, 2019
Vietnam-Australia joint venture invests US$30 million in marine farming
Kien Giang's authorities in southern Vietnam have granted the approval for a US$30 million marine farming project of Mavin Group at an investment promotion conference on July 29, Vietnam News Agency reported.
Wednesday, July 31, 2019
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