Saving Seafood

Entrepreneurs getting creative with seafood byproducts

September 28, 2016 — Global fisheries are missing out on millions of dollars in profits from seafood byproducts – including fish oil, fishmeal and lesser-used parts of the fish such as the skin and intestines.

According to a recent study from the Marine Ingredients Organization (IFFO) and the University of Stirling Institute of Aquaculture (in Stirling, United Kingdom) found that, even though there is increasing availability of raw material from aquaculture byproducts, there is significant underutilization of by-products from both wild fisheries and aquaculture.

Fisheries could also be using their by-products for cosmetics, clothing leather, supplements and other products that are more profitable than fishmeal, Thor Sigfusson, founder of the Iceland Ocean Cluster, told SeafoodSource.

Nearly 20 million tons of raw material is used annually for the production of fishmeal and fish oil globally, according to the model used by the University of Stirling researchers. However, only around 5.7 million tons of by-products are currently processed to produce fishmeal and fish oil. An additional 11.7 million tons produced in processing plants which are currently not collected for marine ingredient production.

“If all fish were processed and all the byproduct collected, it is estimated that globally there would be around 36 million tons of raw material available, producing about 9.5 million tons of fishmeal and 1.5 million tons of fish oil,” according to the University of Stirling/IFFO report.

Read the full story at Seafood Source

Latest Scientific Analysis Supports Increased Atlantic Menhaden Quota

Aug 1, 2016 – The following was released by the Menhaden Fisheries Coalition:

WASHINGTON (MFC) – An analysis conducted by scientists at the Atlantic States Marine Fisheries Commission (ASMFC) finds that the coastwide Atlantic menhaden quota can be substantially raised without impacting the sustainability of the species.

In a memo by the ASMFC’s Atlantic Menhaden Technical Committee on June 22, the Committee described projections it ran using nine different potential quota levels for the 2017 fishing season. These projections found a 0 percent chance of overfishing menhaden in 2017, even when menhaden quota was increased by up to 40 percent. Projections were run 1,000 times for each potential quota level to ensure that a full range of potential scenarios were accounted for in the estimates.

The Atlantic Menhaden Technical Committee is composed of 21 scientists from 13 states along the U.S. Atlantic coast and the National Marine Fisheries Service. The Committee’s projections were short-term (2014-2017) to eliminate uncertainty inherent in longer-term projections.

The ASMFC will hold its summer meeting August 2-4 in Alexandria, Va., where it will discuss, among other topics, Atlantic menhaden, and the possibility of raising its quota for 2017.

Atlantic menhaden catch totaled 171,900 mt tons in 2014. The ASMFC set menhaden quota at 187,800 mt for 2015 and 2016.

In 2015, the ASMFC’s Atlantic menhaden stock assessment found that the menhaden stock was healthy and sustainably managed, with the species neither overfished nor experiencing overfishing. It also found that fishing mortality is at an all-time low, and that menhaden fecundity (egg production) has been strong in recent years. Based on these findings, the ASMFC raised the menhaden quota by 10 percent last year.

Menhaden are used to produce fishmeal, fish oil, and fish solubles due to their high concentration of healthy Omega-3 fatty acids. They are also prized for their use as bait in other fisheries.

About the Menhaden Fisheries Coalition

The Menhaden Fisheries Coalition is a collective of menhaden fishermen, related businesses, and supporting industries. Comprised of over 30 businesses along the Atlantic and Gulf Coasts, the Menhaden Fisheries Coalition conducts media and public outreach on behalf of the menhaden industry to ensure that members of the public, media, and government are informed of important issues, events, and facts about the fishery.

View the release here

The Ocean’s Twilight Zone can Feed the World, but at what Cost?

March 25, 2016 — Life in the twilight zone constitutes a huge potential source of fishmeal and Omega 3 fatty acids needed to feed the world population. However, it exists in a kind of “no man’s water”, where there are no rules for fishing. Critical for assessing the resilience of the community and thus develop sustainable management strategies is a lack of understanding of the biological processes in the twilight zone making it impossible to accurately estimate the fishing pressure the stocks can sustain.

There are huge untapped resources of protein in the deep sea, but any potential exploitation should be done with caution, states the research community.

An international research group last year estimated that the so-called twilight zone (200 to 1,000 meters), maintains a community of fish, squid and crustaceans whose biomass far surpasses all the world’s current fisheries.

Furthermore, it is currently estimated that there are more than 1 million undescribed species in the twilight zone. According to the study, the twilight zone contains up to 90 percent of the world’s total fish biomass. There are so many creatures here that if estimates hold, it would be equivalent to 1.3 tons of fish biomass per person on earth, and that excludes squid and krill.

Read the full story at Ocean News and Technology

Alaska working on flatfish tax fix to capture foregone revenue

December 9, 2015 — A state tax rate glitch let groundfish trawlers off the hook for more than $10 million of fishery taxes in the last half decade, and there’s no concrete fix just yet.

The fishery resource landing tax taxes groundfish based on ex-vessel price. Processors turn flatfish caught as bycatch into low-value fishmeal, so the only known ex-vessel price for certain flatfish species is artificially low. Nine species have this price uncertainty, but most flatfish volume comes from yellowfin sole and Atka mackerel.

By only having an ex-vessel value based on the price paid for bycatch turned into fishmeal, the state has no idea what the ex-vessel value is for the direct flatfish fishery that has annual harvests measured in hundreds of thousands of metric tons.

According to state research estimates, the state has lost out on $1.8 million to $2.5 million per year, or more than $10 million over the last five years. Researchers haven’t yet looked back further due to paucity of data, but the fishery resource landing tax has existed since 1994.

Lori Swanson, assistant executive director of groundfish trawler group Groundfish Forum, did not say whether the industry knew it had been underpaying since the tax’s birth.

“They pay what the state tells them to pay,” she said.

The state doesn’t really know

The Department of Revenue, however, hasn’t been calculating a realistic view of fleet’s tax rate, and is only starting to rework the system. The state began this tax specifically for factory trawlers and catcher-processors, but overlooked a systemic flaw from the beginning.

“It’s actually two things,” said Kurt Iverson, a research analyst with the Alaska Department of Fish and Game. “First, a very small amount of the total harvest is in the (Commercial Operator’s Annual Report), and on top of that, that harvest is not representative of a true ex-vessel valuation because it’s coming in as bycatch.”

Anna Kim, the Department of Revenue chief of revenue operations, said she can’t speculate why the issue went for so long without being noticed. Iverson said the problem isn’t intentional. The Department of Revenue simply attached the tax to shoreside sales, which don’t happen for some species.

Read the full story at Alaska Journal of Commerce

 

How Restaurants and Fisheries Are Saving Edible Seafood From the Trash

October 22, 2015 — As demand for seafood rises, chefs have their seafood supplier on speed dial. And while species like tuna, cod, and halibut are popular, these days, the daily catch on the blackboard might be something unfamiliar — squirrel fish or the banded rudderfish. Don’t be scared off. Most likely it’s bycatch or trash fish. While perfectly edible and quite tasty, these fish are so named because they might otherwise be thrown overboard or ground into fishmeal because they aren’t the intended catch on commercial fishing boats.

If they had a choice, fisherman would rather not have to deal with bycatch, but fishing nets aren’t particular about what they scoop up. Bottom trawlers have little discretion when they drag along the seafloor. Longlines with baited hooks extend for 50 miles or more, which attracts anything that swims by — including unwanted edible fish as well as sea turtles, sharks, and other sea mammals. Opportunistic seabirds flock to longlines in hopes of an easy meal, often getting snagged.

All in all, it’s an inefficient way catch fish, and even the fisherman dislike it. The most recent tally from Johns Hopkins University estimates that in United States-controlled waters, 573 million pounds of fish are lost due to fisherman bycatch every year. This pales in comparison to the even-more striking fact that 51-63 percent of seafood is wasted at the consumer level.

Read the full story at Eater

 

IFFO WELCOMES AQUACULTURE STEWARDSHIP COUNCIL RESPONSIBLE FEED STANDARD CONSULTATION

July 8, 2015 — On 30th June 2015, the Aquaculture Stewardship Council (ASC) issued their draft Responsible Feed Standard for public consultation. This is a welcome opportunity to comment on the proposals which form a wide ranging and demanding standard, encompassing environmental impacts, social and welfare requirements, energy usage and other criteria. The consultation document is well written, with clear guidance on where input is required and how this should be submitted.

Although the document also covers the ingredients used to manufacture compound feed, an obvious feature of the draft standard is that the vast majority of the criteria refer to ingredients from marine sources e.g. fishmeal and fish oil. The criteria for land based ingredients, whether vegetable or animal, are very brief in comparison. This is perhaps surprising given that the marine sourced raw materials are the minority of the formulation, typically 10-15% by weight.

Read the full press release from IFFO