Saving Seafood

SFP: Reduction fishery sustainability improving, Asian fisheries still an issue

October 9, 2018 — The Sustainable Fisheries Partnership has released its latest annual report on reduction fisheries, and has concluded that the sustainability of the fisheries worldwide has improved by roughly eight percent.

The report, which analyzed 26 reduction fisheries – fisheries that harvest fish to be processed into fishmeal and fish oil – found that the amount of catch coming from poorly managed fisheries has dropped 16 percent from last year, and has been steadily decreasing since 2016. The report also found the 91 percent of the catch volume came from stocks “that scored 6 or better on all five criteria outlined by SFP’s FishSource database,” according to SFP.

While the report is positive, the authors – Pedro Veiga, Marina Mendes, and Blake Lee-Hardwood – also noted that Asian fisheries have been largely excluded from the data, “because of the current difficulty in establishing management and catch data.”

“This omission is significant, because the fisheries of Asia provide very large quantities of fishmeal; it is hoped that future editions of the report will be able to extend coverage to at least some of these fisheries,” the authors wrote. “Nonetheless, we are confident that the report covers approximately 50 percent of global fishmeal and oil production.”

Roughly three percent of the total catch volume of what was included in the report is coming from fisheries that have stock in “very good condition.” The entirety of that amount is attributed to one fishery: Antarctic krill in the Atlantic Southern Ocean. Of the 91 percent of fisheries that are “reasonably well-managed” or better, the largest contributor was the Peruvian anchoveta fishery, representing 33 percent of the total catch.

“This report clearly identifies a positive trend among the reduction fisheries of the North Atlantic and Eastern Pacific, although there is still significant room for improvement with some fisheries,” the authors wrote. “The proportion of fisheries achieving higher sustainability ratings has increased significantly; this builds on improvements identified in the previous report for 2017. These results clearly represent a good news story for the fishmeal and fish oil industry and show that it is becoming ever more responsible with regards to fisheries management.”

Industry leaders within aquaculture were pleased by the news in the report.

“BioMar is proud to support SFP in its efforts to improve the environmental stewardship of global marine resources. The positive trend in this year’s report demonstrates the power of the multi-stakeholder approach to “greening” value chains through responsible sourcing,” BioMar sustainability specialist Erik Olav Gracey said. “We will continue to actively support SFP through collaboration and support of fisheries improvement projects worldwide.”

Read the full story at Seafood Source

SFP sees improvement in sustainability of fisheries used for fishmeal, oil

October 9, 2018 — More than 90% of the fish used for fishmeal and fish oil from the Atlantic and eastern Pacific oceans now come from fisheries that are “reasonably well-managed (or better)”, according to the latest annual report on reduction fisheries by the Sustainable Fisheries Partnership (SFP).

SFP said its report, which analyzes 26 reduction fishery stocks worldwide, found that 91% of the total catch volume came from stocks that scored 6 or better on all five criteria outlined by SFP’s FishSource database. That’s an 8% increase over last year.

Poorly managed fisheries accounted for 9% of the catch, a drop from 16% last year.

Of the stocks listed in “very good condition,” the report singled out the Antarctic krill fishery in the Atlantic Southern Ocean as being particularly well-managed by the Commission for the Conservation of Antarctic Marine Living Resources.

Read the full story at Undercurrent News

China retaliates against US tariffs; seafood largely unaffected

September 19, 2018 — China has retaliated against US tariffs, but seafood will be largely unaffected by its counter-measures.

On Sept. 18, China announced it would levy new tariffs of up to 10% on imports of US goods worth $60 billion. The measures came in retaliation to US tariffs of 10% on $200bn worth of Chinese goods, confirmed by president Donald Trump’s administration the same day.

Both sets of tariffs will come into effect on Sept. 24.

China said the counter-measures were to “defend the legitimate rights and interests of the Chinese economy caused by the violation of international obligations by the US”. Prior to the announcement in a more solemn statement it said the US measures were “regretful”.

Among the 5,000-plus US products to be hit are smoked Pacific salmon and a type of fishmeal (see below). No other fisheries or seafood products are affected.

Read the full story at Undercurrent News   

 

Sustainable Omega 3 Consumption: A Positive Trend Set to Increase

September 5, 2018 — The following was released by Friend of the Sea:

The size of the global omega 3 supplement industry has grown enormously in recent years. Evidence from the market shows that more and more consumers worldwide are demanding fish oils and nutrients which are not only healthy and of high quality, but are also respectful of the marine environment. After decades of campaigns by environmental activists and enlightened industry operators, the message has finally reached a rising number of eco-conscious individuals and households globally.

Friend of the Sea Standard for Omega 3

Back in 2010, Friend of the Sea (FoS), an independent certification scheme set up two years earlier to assess the environmental sustainability associated with seafood from fisheries and aquaculture, felt the urgent need to introducing a specific standard for producers of fish oil, fishmeal, fish feed and omega-3 supplements. According to this, accredited third-party certification bodies certify that the oil originates only from fisheries are compliant with Friend of the Sea sustainable fishing requirements, including good fishery management, selective fishing gears and social responsibility, and that a full chain of custody is in place throughout the supply and the production chain.

The fish contained in certified omega 3 products can be traced back to certified fisheries which have been independently assessed to meet Friend of the Sea’s widely recognised standard for sustainable wild fishing. These fisheries are well managed and their impacts on the environment minimized so that seafood supplies are safeguarded for future generations.

The origin of certified fish oil

Today, 439 companies adhere voluntarily to Friend of the Sea standard for fish oil, fishmeal, fish feed and omega-3 supplement, an increase of around 477% compared with 2015 when there were only 76.

“As the leading globally recognised standard program for sustainable seafood, we are enthusiastic about scoring and sharing the positive change in attitude towards environmental sustainability and social accountability occurring also in the nutraceutical sector,” claims Paolo Bray, Founder and Director of Friend of the Sea. “Consumers worldwide can now have wider access to sustainable products on the shelves and we are convinced of an even brighter future for the sector.”

Certified oils originate mostly from approved Peruvian anchovy fisheries and fleet – Engraulis ringens – (29%), Antarctic krill – Euphausia superba – (22%), European sardine – Sardina pilchardus (8%), European anchovy – Engraulis encrasicolus – (7%), Chub mackerel – Scomber japonicus (7%), Atlantic cod – Gadus morhua – (3%). The remaining 24% derives from various species such as salmon, tuna and squid which are equally certified, processed and usually refined and blended.

Read the full release here

Tariffs set to take toll on Alaska seafood exports and imports

August 30, 2018 — More seafood tariffs in Trump’s trade war with China are hitting Alaska coming and going.

On July 6, the first 25 percent tax went into effect on more than 170 U.S. seafood products going to China. On Aug. 23 more items were added to the list, including fishmeal from Alaska.

“As of right now, nearly every species and product from Alaska is on that list of tariffs,” said Garrett Evridge, a fisheries economist with the McDowell Group.

Alaska produces more than 70,000 metric tons of fishmeal per year (about 155 million pounds), mostly from pollock trimmings, with salmon a distant second. The pollock meal is used primarily in Chinese aquaculture production, while salmon meal goes mostly to pet food makers in the U.S.

In 2017 about $70 million worth of fishmeal from Alaska pollock was exported to China from processing plants all over the state.

Read the full story at the Alaska Journal of Commerce

US fishmeal producers left exposed by China’s 25% tariff blow

August 16, 2018 — US fishmeal producers — including the US’ largest fishmeal producer Omega Protein — are “certainly in some trouble” after China announced last week it would impose 25% tariffs on imports from the country, said a fishmeal industry analyst.

Jean-Francois Mittaine, an analyst with 30 years’ experience in the sector, told Undercurrent News Omega Protein and others in the sector will struggle to find new markets as Chinese importers turn to alternative sources. This will hit both the menhaden fisheries of the Gulf of Mexico and the pollock fishmeal industry of Alaska.

“For the Americans it is a problem,” said Mittaine. “I don’t see what they’re going to do with their fishmeal.”

Last Wednesday, China’s Ministry of Commerce said it would impose an additional tariff on imports of US fishmeal of 25% (HS code 23012010). The ingredient used in animal and fish feed was among 333 US goods worth $16 billion in annual trade targeted.

The Chinese counter-move will take effect immediately after the US imposes tariffs on the same amount of Chinese goods on Aug 23.

Read the full story at Undercurrent News

Peru’s Anchovy Season Has Officially Ended With Shortfall

February 2, 2018 — SEAFOOD NEWS — Peru’s anchovy fishing season officially concluded at the end of January. Fishing was constrained by fishing bans and restrictions put in place due to the large percentage of juveniles.

The bans were lifted in early January, but the season closed less than a month later due to the beginning of spawning.

According to Wayne Bacon of Hammersmith Marketing Ltd., the Peruvian anchovy fishery failed to reach their quota. The total catch appears to be at 650,000 m/t, which is under the anticipated quota by approximately 850,000 tons.

The catch will produce 148,000 metric tons of fishmeal.

Trade sources told Bacon that approximately 160,000 m/t of fishmeal has been presold. With production expected to be less than 150,000 metric tons, there is speculaton that there will be limited supplies for new sales, not already contracted.

This sets the stage for prices of fishmeal to increase.

This story originally appeared on Seafoodnews.com, a subscription site. It is reprinted with permission.

 

Omega Protein sets date to decide on Cooke deal

November 27, 2017 — Cooke Aquaculture will know as soon as Dec. 19, a week before Christmas, whether it’s getting what it hoped to find under the tree: a large Houston, Texas-based company that catches menhaden and reduces it to fishmeal and fish oil.

That’s the date Omega Protein has set for a shareholder vote on its proposed acquisition by the Cooke’s New Brunswick, Canada-based parent company, according to a new Securities and Exchange Commission filing.

Read the full story at Undercurrent News

 

SFP report: Better management happening for reduction fisheries

October 30, 2017 — Sustainable Fisheries Partnership has released its annual sustainability overview of reduction fisheries for 2017, showing an overall improvement in their management.

The report, “Reduction Fisheries: SFP Fisheries Sustainability Overview 2017,” reviewed 20 of the most significant fisheries used for the production of fishmeal and fish oil, concluding that 81 percent of the total catch volume out of those fisheries came from stocks that are “reasonably well managed or better.”

“This compares to 57.4 percent last year – a very large improvement,” according to an SFP press release.

An estimated 1.7 million metric tonnes –  or 17 percent – of the total catch used for reduction purposes came from poorly managed fisheries, “a significant drop compared to 42.6 percent last year,” according to SFP.

Of the 20 stocks used for the survey, 10 have fisheries certified by the Marine Stewardship Council, 19 have fisheries that are covered by the IFFO Responsible Sourcing certification, and three are covered by fishery improvement projects. According to the SFP, more than two-thirds of the production covered in its study comes from fisheries that are MSC-certified or under full assessment (25 percent), or in a FIP (44 percent). Those include the newly launched FIPs for Peruvian anchovy (north-central stock) and Mauritanian small pelagic species.

Read the full story at Seafood Source

Fishmeal-free info deemed misleading and misguided

October 6, 2017 — A competition established to inspire the increased use of alternative ingredients to fishmeal in aquafeeds has been lambasted for “the organisers’ use of negative messaging, exaggeration and misinformation in relation to marine ingredients”.

The winners of the fishmeal-free feed (F3) challenge were announced in Dublin yesterday. However, a statement from IFFO, the marine ingredients organization, – while congratulating the winners – laments that: “Unfortunately, the F3 Challenge organisers have refused our offers to enter into dialogue or meet and provide up-to-date facts, instead choosing to seek publicity through a number of misleading or false statements.”

IFFO rubbishes claims that marine ingredients are not sustainable by pointing to the fact that “over 45% of the global production of fishmeal and fish oil is now independently certified as being safe and environmentally responsible, including in its sourcing of raw materials, a figure that far exceeds any other source of feed ingredient”.

Read the full story at The Fish Site