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IN BRIEF - Japan's marine eco-label likely to be made international standard

JAPAN
Wednesday, November 13, 2019

Japan's certification system for protecting marine resources, called Marine Eco-Label Japan (MEL), is expected to be approved as an international standard by the end of this year, government sources said.

With eco-conscious Western nations in mind, Japan hopes to promote its efforts to show consideration for the Earth, thus boosting exports of domestic fishery products.

Established by the Japan Fisheries Association in 2007, MEL is a certification system aimed at maintaining the sound operations of the fisheries industry. Certified merchants can attach labels to their products to differentiate themselves from others.

Source: SF Gate


IN BRIEF - Chilean Multiexport Foods Developing Blockchain Solution for Traceability of Salmon

CHILE
Wednesday, November 13, 2019

Chilean Multiexport Foods is developing a blockchain-based solution that will enable customers to trace the origin of its salmon sold at various outlets, just by scanning a QR code.

The firm started by salmon farmer and processor in 2017 to find ways of integrating technologies like Blockchain, Artificial intelligence (AI), Big Data, and the Internet of Things (IoT) with its processes.

It has created a remote feeding facility for salmon using Artificial Intelligence and a video system wherein salmon at multiple farming centers are fed from a central office, which subsequently cuts down the workforce required for manual feeding.

Source: Crypto NewsZ


IN BRIEF - Processed Meat and Seafood Packaging in the United Arab Emirates (UAE) – Industry Report

UNITED ARAB EMIRATES
Tuesday, November 12, 2019

Demand for easy-to-prepare food such as processed meat and seafood is continuing to rise, in accordance with the appeal of convenience. However, retail shelf space devoted to chilled and frozen processed meat and seafood remains limited. Standard brands are giving big discounts to consumers, thus posing a threat to premium-positioned brands, which are not able to compete in terms of price. This has tended to restrict investment in packaging innovation in processed meat and seafood.

Processed Meat and Seafood Packaging in United Arab Emirates report offers insight into key trends and developments driving packaging across the category. The report also examines trends and prospect for various pack types and closures: metal packaging, rigid plastic, glass, liquid cartons, paper-based containers; flexible packaging.

Source: Market Watch


IN BRIEF - Aquaculture Market to Undertake Strapping Growth by the End 2027 with Top Key Players like Bakkafrost,Cermaq, and others

WORLDWIDE
Tuesday, November 12, 2019

The global aquaculture market accounted for USD 264,470.0 Mn in 2018 and is expected to grow at a CAGR of 7.7% during the forecast period 2019 – 2027, to account to USD 509,743.0 Mn by 2027.

The Asia Pacific region held the largest market share in the global aquaculture market. The production and consumption rate of seafood is expanding rapidly with China and India being the major markets for the aquaculture industry. The Asia Pacific has evolved as the largest consumers and exporter of aquaculture products. Fisheries and aquaculture production highly contributor to national economies across the Asia-Pacific region over the past few years. The Asia Pacific market is characterized by the presence of players such as Bakkafrost, Cermaq Group AS, Farallon Aquaculture Group, Lerøy, Mowi ASA, Stolt-Nielsen Limited, and Tassal Group, among others.

Source: Analytics News


IN BRIEF - Parts of the ocean have seven times more plastic than fish, study finds

UNITED KINGDOM
Tuesday, November 12, 2019

New research on larval fish, which are young members of the species, has found that they are growing up around and ingesting plastic.

The affected fish includes a range of fish species from different ocean habitats. Scientists studied them as they fed on the water's surface.

The study, by  the National Oceanic and Atmospheric Administration (NOAA) and an international team of scientists, including Bangor University in the UK, found that in some cases there were seven times more plastics than there were larval fish.

Source: The Telegraph


IN BRIEF - MOWI Promises Better Practices in Wake of Salmon Die-Off

CANADA
Tuesday, November 12, 2019

The company at the centre of the mass mortality of 2.6 million salmon in Fortune Bay is pledging to do things differently in the future.

MOWI, parent company of Northern Harvest Sea Farms, says they did not live up to their own or the government’s expectations.

The company promises to do better.

All new and current nets will have a total depth of 25 meters or more for optimal water temperatures. MOWI says all sites will have aeration systems to regulate temperature, their employees will be better trained for emergencies, and the company is creating a mass mortality response plan.

They say they will continue to work with the federal government to secure timely access to boats and equipment to respond to emergencies in the future.

As well, Northern Harvest says they will keep better data.

The commitments were made to government during a meeting a few days ago, at which the CEO for MOWI apologized for the incident, but left without speaking to the media.

Source: vocm.com


IN BRIEF - Marel completes acquisition of Curio shares

ICELAND
Monday, November 11, 2019

On 23 October, Marel announced it signed an agreement to acquire a 50% stake in Curio. Marel has now successfully completed the first phase of the transaction with the acquisition of 40% of Curio shares, as closing conditions have been satisfied. The transaction was finalized on 8 November 2019.

COMPLEMENTARY SOLUTION OFFERING

The acquisition is fully in line with Marel’s strategic objective to be a leading global supplier of advanced standard equipment, full solutions, software and services to the poultry, meat and fish industries. Curio’s product portfolio of heading, filleting and skinning solutions is highly complementary to Marel’s existing portfolio of fish processing solutions and brings Marel closer to becoming a full-line provider to the global fish industry.

The companies have a history of successful cooperation on projects to deliver full-line solutions to customers around the world.

The transaction is conducted in two phases; 40% at closing and the additional 10% on 1 January 2021. Marel has an option to acquire the remaining 50% of shares in four years.


 


IN BRIEF - Nigeria imports 900,000 metric tonnes of fish annually

NIGERIA
Monday, November 11, 2019

Nigeria imports 900,000 metric tonness of fish out of the 1.5 million metric tonnes consumed annually, a top government official said at the weekend.

Director of Water Supply and Public Private Partnership in the Federal Ministry of Water Resources, Mr. Benson Ajisegiri, who stated this, added that in spite of the huge availability of water in the country, Nigeria is rated as one of the poorest countries in terms of water supply as a result of lack of investment and proper management.

He explained that the 264 dams in the country were grossly under utilised and poorly managed.

Source: The Nation


IN BRIEF - Australian seafood companies make a splash in Silicon Valley

AUSTRALIA
Monday, November 11, 2019

When it comes to innovation, Australian seafood businesses are making waves – globally.

Seven Australian seafood companies battled their way past fierce global competition for the opportunity to pitch to investors at a competitive Silicon Valley pitch session – the Fish 2.0 Global Innovators Forum – which took place last week.

The Fish 2.0 Global Innovators forum is a two-day event where Fish 2.0 top scorers can present their solutions to a panel of investors. The top scorers are businesses who have made it through several competitive stages during the preceding year.

Source: Mirage News


IN BRIEF - Aquaculture bill raises concern among Outer Cape shellfishermen

UNITED STATES
Monday, November 11, 2019

WELLFLEET - Hard on the heels of the town’s friendly taking of HDYLTA Trust flats and beach, Outer Cape shellfishermen met with state Rep. Sarah Peake, D-Provincetown, and state Sen. Julian Cyr, D-Truro, Friday to discuss threats to the future of the industry.

“We care about the industry, we know many of the people, and are willing to go to bat for you,” Cyr told a standing room only crowd in Preservation Hall.

The Wellfleet Shellfishermen’s Association hosted the meeting, which shellfishermen from other Cape towns were invited to attend and participate in.

Source: South Coast Today


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