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IN BRIEF - Aquaculture Market Expected Growing USD 242 Billion by 2022

UNITED STATES
Friday, November 17, 2017

Portland, OR - According to FAO, aquaculture, also known as aqua farming, is defined as the farming of aquatic organisms such as fish, mollusks, crustaceans, and aquatic plants. Farming implies intervention in the rearing process to enhance production, such as regular stocking, feeding, and protection from predators. It also implies individual or corporate ownership of the stock being cultivated. In 2015, the global aquaculture market was valued at USD 169 billion, and is anticipated to expand at a CAGR of 5.3% to reach USD 242 billion by 2022, as per Allied Market Research.

The global food supply security issue due to increase in global population drives the aquaculture market. New technological advancement in the rearing of fish and cultivation of sea plants also lead to market growth. Increase in the global protein demand, and zooplankton being a major source of proteins, drives the market for aquaculture companies. Rise in concern towards climate change and global warming are the major restrains in the global aquaculture market, as they increase the risk of diseases in water bodies. Evolution of inland fish farming poses a huge opportunity for this industry, and to utilize technology to rear high-quality fish is a major challenge to this industry.

The report segments the market on the basis of environment, product, and geography. On the basis of environment, it is segmented into fresh water, marine water, and brackish water. On the basis of product type, it includes carps, crustaceans, mackerel, milkfish, mollusks, salmon, sea brass, sea bream, trout, and others. Geographically, it is as analyzed across North America (U.S., Mexico, and Canada), Europe (Russia, Norway, Iceland, and rest of Europe), Asia-Pacific (China, India, Japan, Indonesia, Vietnam, and rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa).

Source: NB Herald


IN BRIEF - Wärtsilä propulsion solutions continue to be the choice for fishing vessels

FINLAND
Friday, November 17, 2017

The technology group Wärtsilä continues its success in providing highly efficient, fully integrated propulsion solutions for fishing vessels with yet another valuable order. Lunar Fishing Company Ltd, based in Scotland, is replacing its existing 'Lunar Bow' purse seiner trawler with a new ship having the same name. The primary considerations were to achieve both economic and environmental benefits through selecting the market's most efficient propulsion machinery. The vessel is being built at the Karstensens Skibsvaerft shipyard in Denmark and the order with Wärtsilä was booked in October 2017.

The main engine chosen is the Wärtsilä 31, listed by Guinness World Records as being the world's most efficient 4-stroke diesel engine. Its outstanding fuel efficiency results in the corresponding benefit of producing fewer exhaust emissions, thereby meeting the industry's need for lower operational costs and better environmental performance.

Wärtsilä will also supply a controlled pitch propeller (CPP) and a 2-speed gearbox. The two gear ratio settings facilitate a reduced propeller speed at an optimal and constant engine speed, which also contributes to achieving lower fuel consumption and reduced emission levels. Furthermore, at low propeller rpm the hydro-acoustic noise is minimised; an important consideration for the vessel's fishing capabilities.

Source: Globenewswire


IN BRIEF - How Data Sharing Is Stopping Illegal Fishing in the Indian Ocean

INDIA
Thursday, November 16, 2017

In July 2016, the trawler Greko 1 approached Mombasa, Kenya, a major fishing port on the western Indian Ocean. Registered in Belize and owned by a Panamanian subsidiary of a Greek company, the boat’s operators had been fishing for years in Somali waters and unloading and selling their catch in Mogadishu and Mombasa. In Kenya, they would present a fishing license issued by Somalia. Authorities in Mombasa had sought to verify the legitimacy of the license with their counterparts in Somalia and couldn’t get a response. But when the trawler approached Mombasa this time, port authorities denied the Greko 1 a berth, forcing the vessel back to sea.

What its operators didn’t realize was that since the last time it had been in Kenya, Somalia had joined FISH-i Africa, an initiative supported by the Pew Charitable Trusts that coordinates the efforts of eight East African coastal countries to stop illegal fishing in the region. At Somalia’s first meeting of the group a month earlier, it had shared information about the Greko 1, revealing to the other task force members that the vessel had been operating with a forged license.

Eventually the boat docked in Mogadishu. Port authorities there notified FISH-i Africa, which sent its technical team to the Somali capital to conduct an inspection. They found that Greko 1 had been fishing in waters reserved for Somali fishers and using illegal gear. Authorities forced the boat’s owner to pay a INR 65,000 fine.

Source: Pacific Standard


IN BRIEF - Bay’s oyster aquaculture harvest closing in on wild fishery

UNITED STATES
Thursday, November 16, 2017

More than a century after the first oysters were planted on a Virginia bar, aquaculture has firmly taken hold in the Chesapeake Bay. The value of Virginia’s oyster farms production has eclipsed the public fishery, and many oyster experts believe Maryland is heading in the same direction.

As of last year, 173 Maryland oyster farmers have leased more than 6,000 acres of the Bay and its tributaries, all of which are actively producing oysters. Harvest from those leases yielded almost 65,000 bushels in 2016 — an increase of 1,000 percent since 2012. In the meantime, Maryland’s public oyster harvest, suffering from mediocre to poor reproduction since 2010, saw its harvest drop 42 percent in 2016 to about 224,000 bushels.

“Each year for the past five, lease numbers and acreage have risen along with aquaculture harvest, while public harvest numbers declined,” said Donald Webster, a University of Maryland aquaculture specialist. “This year and next will be very difficult for the public fishery and, frankly, I doubt it will ever recover to amount to anything again.”

Source: Bay Journal


IN BRIEF - ITF: ‘new era for fishers begins’

UNITED KINGDOM
Wednesday, November 15, 2017

The ITF (International Transport Workers' Federation) has described the coming into force of the ILO Work in Fishing Convention, 2007 – ILO188 – tomorrow, 16 November as having the potential to open up a new era for millions of fishers worldwide. The ITF has been an active supporter of the new convention from its birth to this new landmark point.

Johnny Hansen, chair of the ITF fisheries section, commented: “Fishers work in one of the most dangerous and often unpoliced professions in the world. Far too many of them are scandalously and criminally exploited. This should be a turning point in their lives.”

“Our hope is that ILO188 will begin a new era for fishers, that will help to improve conditions across the industry – including by tackling the grotesque and disgusting examples of overwork, non-payment of wages, forced labour and human trafficking that we and others have long fought to expose.”

Mr Hansen concluded: “For the sake of justice, human lives and a better industry, we call on states to ratify and implement this landmark resolution, and ask the ILO to actively promote it worldwide.”

The convention aims to ensure that fishers:

• Have improved occupational safety and health and medical care at sea, and that sick or injured fishers receive care ashore

• Receive sufficient rest for their health and safety

IN BRIEF - Fishermen tell High Court quota for Dublin Bay prawn fishing will be almost halved if they lose case

REPUBLIC OF IRELAND
Wednesday, November 15, 2017

Ireland's EU quota for Dublin Bay prawn fishing will be cut by 45% in 2018 if a decision to change how landings are assessed is not overturned, it has been claimed in the High Court.

Inishmore-based Pat Fitzpatrick, a member of the Killybegs Fishermen's Organisation, was granted permission by the court today to challenge a decision by the Minister for Agriculture, Food and the Marine, to close a section of the Porcupine Bank, off the west and south coasts, to nephrops fishing also known as Dublin Bay prawn fishing.

Mr Fitzpatrick says his livelihood is at risk if the Minister's decision is allowed to stand over what is a EUR 15m per year industry.

The court heard the Minister closed an area to nephrop fishing in September after receiving advice from the Sea Fisheries Protection Authority (SFPA) that it was being over-fished and the country was already close to reaching its national quota under EU rules.

Source: Irish Examiner


IN BRIEF - Maine fishermen can catch as many scallops in 2018

UNITED STATES
Wednesday, November 15, 2017

PORTLAND, MAINE - Maine is allowing scallop fishermen to catch the same amount of scallops in the coming season as they did in the previous one.

The Maine Department of Marine Resources says its advisory council has approved the specifications for the 2017-18 scallop fishing season. In 2016, fishermen were allowed to harvested 15 gallons of scallops per day in the Cobscook Bay area and 10 gallons per day in the rest of the state.

Those numbers will hold in the coming season. The scallop season will begin on Dec. 1 and last until April 15 2018.

Source: Sacbee


IN BRIEF - Local fishermen may soon be able to sell fish from their boats

UNITED STATES
Wednesday, November 15, 2017

At its last regular meeting, the Kodiak city council advanced an ordinance, that would allow fishermen to sell their catch to customers directly from their vessels, to its second reading. If passed the ordinance would allow the harbormaster to issue permits to fishermen that’d let them sell seafood in a certain section of the harbor.

The council unanimously agreed the ordinance should move forward to a public hearing and vote. Councilman Charlie Davidson says the policy change will make Kodiak feel more like a fishing community.

“I’m glad that we’re doing this. It will give the smaller fisherman a chance to make a little more coinage. It makes us feel more like a fishing town where you can go down to the fisherman’s boat and buy his catch.”

Source: KMXT


IN BRIEF - Seafood exports may cross INR 6 billion in 2017

INDIA
Wednesday, November 15, 2017

KOCHI - Indian seafood export is all set to cross INR 6 billion in the current year, backed by rising demand for shrimp in the wake of dwindling supplies from other Asian countries. 

The US leads the way for buyers during the Christmas and New Year season. “It is the peak season and there is increased demand. The prices are good too,’’ said Shivam Gupta, director of West Coast Fine Foods India. 

Source: The Economy Time


IN BRIEF - Coast seafood goes global after company's AUD1.2m expansion

AUSTRALIA
Wednesday, November 15, 2017

A AUD 1.2 MILLION expansion of a Mooloolaba-based tuna company means fish caught will come straight off the boats and onto market.

Australia's largest wild caught tuna company Walker Seafoods today celebrated the opening of its Parkyn Parade factory with a ribbon-cutting ceremony.

The expansion will provide 20 more jobs and see a significant boost in its exporting operations. The business will be able to ship to a range of international markets.

It will also allow the business to investigate expanding its range of products, from specialising in fresh caught yellowfin tuna, bigeye tuna, albacore tuna, swordfish, striped marlin and mahi mahi to including dried, smoked and frozen fish products.

Source: Sunshine Coast Daily


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Lenguaje
FEATURED EVENTS
  
TOP STORIES
Govt proposes new rule for bluefin tuna quota allocation
Spain The Ministry of Agriculture and Fisheries, Food and the Environment has presented the Royal Decree project that will regulate bluefin tuna fishing in Spanish waters in the coming years.
Over 700,000 smolt die at Marine Harvest’s farm
Norway Between October 13 and October 14, over 700,000 smolt died at the Marine Harvest Steinsvik fish farm outside Volda, in Møre og Romsdal county.
Port strike hits Bio Bio fishing sector
Chile It is estimated that some USD 243 million has been lost by the Bio Bío Region due to the national strike that since November 7 has been carried out by port workers.
Russian Aquaculture hopes to gather about 33.7 million in public offering
Russia Fed. Russian Aquaculture has set at between RUB 110 and RUB 140 the price range of the new shares it will list in market, with which it expects to raise up to RUB 2 billion.
 
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