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Omega Protein to christen new menhaden vessel

April 3, 2018 — US fishmeal company Omega Protein is set to launch a new vessel to join its menhaden fishing fleet, said the firm.

The new vessel, called the F/V Vermilion, was purchased by Omega Protein in 2016 from the oil and gas industry and has been re-fitted to the tune of $5 million, the firm said. The F/V Vermilion was originally constructed in 1977 and called the Protector.

The vessel will be christened at an Omega Protein plant in Abbeville, Louisiana, by reverend Paul Bienvenu, on April 7.

Read the full story a Undercurrent News

 

Cooke closes Omega Protein deal

December 21, 2017 — Omega Protein’s stockholders have voted to go ahead with a deal which sees the parent company of Cooke Aquaculture acquire all outstanding shares for nearly $500 million.

The deal was first announced in October. The transaction price represents a premium of 32.5% to Omega Protein’s closing share price on Oct. 5, 2017, which was $16.60, giving a market capitalization of $372.90m. The agreement has been unanimously approved by the board of directors of each of Omega Protein and Cooke, according to a statement.

The transaction was subject to the approval of Omega Protein stockholders, certain regulatory approvals and other customary closing conditions. BMO Capital Markets is providing committed financing for the transaction.

Omega Protein operates seven manufacturing facilities located in the US, Canada and Europe. The company also operates more than 30 vessels to harvest menhaden, a fish abundantly found in the Atlantic Ocean and Gulf of Mexico.

Read the full story at Undercurrent News

 

Fish shrinking as ocean temperatures rise

October 4, 2017 — One of the most economically important fish is shrinking in body weight, length and overall physical size as ocean temperatures rise, according to new research by LSU Boyd Professor R. Eugene Turner published today. The average body size of Menhaden—a small, silver fish—caught off the coasts from Maine to Texas—has shrunk by about 15 percent over the past 65 years.

Menhaden make up about one-half of the Atlantic and Gulf of Mexico fish harvest and had a dockside value of about $129 million in 2013. They are coastal species that spawn offshore and move to estuaries where juveniles grow to one- and two-year old fish. The air and sea surface temperature off the Atlantic coast and the Gulf of Mexico has steadily increased, especially in estuaries, where heat exchange occurs efficiently between air and sea. Adult menhaden return offshore where they are harvested with purse seine nets.

Read the full story at Phys.org

U.S. Gulf and Atlantic Menhaden Fisheries Enter MSC Sustainability Assessment

HOUSTON — June 15, 2017 — The following was released today by Omega Protein:

Last week, the Marine Stewardship Council (MSC) announced that the U.S. Atlantic menhaden and U.S. Gulf of Mexico menhaden fisheries have entered the evaluation process in order to acquire the respected blue ecolabel for sustainable fishing. The assessments are being conducted by third-party independent auditors SAI Global at the request of Omega Protein.

Atlantic Menhaden

Atlantic menhaden (Brevoortia tyrannus) are small, oily fish that are caught commercially in a fish meal and fish oil fishery and a bait fishery. They appear in estuaries and coastal waters from northern Florida to Nova Scotia. While considered unfit for direct human consumption, menhaden caught via the modern purse seine method are used in fish meal and fish oil for human and animal nutrition, due to their high natural concentration of healthy omega-3 fatty acids. Menhaden are also valuable as bait for fishermen targeting other commercially valuable species, such as lobster.

Gulf Menhaden

Gulf menhaden (Brevoortia patronus) have a similar biology to Atlantic menhaden and are also caught in both a fish meal and fish oil fishery and a bait fishery. They have a Gulf-wide range, from the Yucatan Peninsula in Mexico, across the western and northern Gulf to eastern Florida. Adults are found in nearshore waters and lower bays, while juveniles are found in fresh and brackish estuaries and rivers.

The Second Largest U.S. Fishery

Between the Atlantic and Gulf Coasts, the U.S. menhaden fishery is the second largest in the country by weight, trailing only Alaska pollock. The purse seine fishery is notable for being extremely clean; according to the National Oceanic and Atmospheric Administration’s Chesapeake Bay Office, it is “one of the most selective, and effective fisheries,” as evidenced by an insignificant bycatch.

Commercial landings of Atlantic menhaden peaked in the 1950s, while commercial landings of Gulf menhaden peaked in the early 1980s. Harvest levels of menhaden have significantly decreased, essentially tracking fishing effort, since those high points, and the most recent stock assessments of Gulf menhaden and Atlantic menhaden confirm that neither species is undergoing overfishing or being overfished.

Statements from Omega Protein and MSC

“The MSC blue ecolabel is the gold standard for sustainable fishing worldwide. We are extremely proud of the work we’ve done to conduct our fishing operations sustainably, and we’re excited to share this work with the auditors as they undertake this assessment to the MSC Standard,” said Ben Landry, the Director of Public Affairs for Omega Protein. “We are confident that the menhaden fishery will meet the MSC Standard, recognizing its advances in responsible harvesting methods as we continue to pursue the most sustainable fishing practices available.”

“We welcome the U.S. Gulf of Mexico and Atlantic menhaden purse seine fisheries’ decision to enter MSC assessment,” said Eric Critchlow, MSC U.S. program director. “This is an important milestone for the MSC and for fishing in the United States.”

MSC’s Standard for Sustainable Fishing

The MSC Fisheries Standard is designed to assess the sustainability of fishery practices and management methods. The standards used to evaluate fisheries have been developed in deliberation with scientists, industry, and conservation groups, and reflect the most up-to-date fisheries science and management practices.

The MSC Standard is based on three core principles that every fishery must meet in order to be MSC certified:

  1. Sustainable fish stocks: Fishing activity must be at a level which ensures it can continue indefinitely.
  2. Minimizing environmental impact: Fishing operations must be managed to maintain the structure, productivity, function, and diversity of the ecosystem.
  3. Effective Management: The fishery must comply with relevant laws and have a management system that is responsive to changing circumstances.

The assessment is being carried out by the certification body SAI Global Assurance Services and has an expected completion date of December 2017. The MSC assessment process is open for public input. Those interested in the menhaden fishery can participate by contacting Jean Ragg at Jean.Ragg@saiglobal.com.

LOUISIANA: Season opens early for bait fish to meet demand

March 6, 2017 — The Louisiana Wildlife and Fisheries Commission  announced a  Declaration of Emergency to open the commercial season for the harvest of bait menhaden starting Wednesday, March 15, 2017.

The actions on this declaration by the LWFC comes after request from the bait menhaden industry.

The commercial season for the harvest of bait menhaden typically opens on November 1 and runs through November 30 with a 3,000 metric ton quota. In the event that quota is not harvested during the normal November season, the bait season may resume April 1 of the following year.

Read the full story at KATC

Louisiana menhaden season to open March 15

March 3, 2017 — The commercial season for the harvest of bait menhaden will open March 15, the state Wildlife and Fisheries Commission decided today.

The season typically runs Nov. 1-20 with a 3,000-metric-ton quota. But when quota is not harvested during the normal season, the agency can reopen the fishery April 1 of the following year.

The bait industry asked the commission to open the season two weeks earlier to meet customer demand, officials said. The quota was not met in 2016, and opening the season two weeks earlier is not expected to negatively impact the quota or regular commercial menhaden season.

Read the full story at Houma Today

Latest report says menhaden thriving in the Gulf

October 25th, 2016 — A commission that assesses the health and viability of the menhaden population in the Gulf released a report this week that says despite massive commercial hauls, the menhaden population is sound.

It’s called a stock assessment for menhaden — a fish caught for catfood and fish oil supplements and a favorite food of large game fish. If fact, there’s been controversy this year over how many redfish commercial menhaden boats in the Gulf should be allowed to keep in the bycatch while fishing for menhaden.

Gulf States Marine Fisheries Commission evaluated the status of the Gulf menhaden in U.S. waters and concluded the “Gulf of Mexico’s menhaden stock is not experiencing overfishing,” said Steven J. VanderKooy, a fisheries coordinator with the commission, which has an Ocean Springs office.

The assessment was completed as a cooperative effort of Mississippi, Alabama, Florida, Louisiana, Texas and the National Oceanic and Atmospheric Administration.

Menhaden catches support the second largest commercial fishery by weight in the United States. Menhaden are small filter feeders that don’t grow much longer than a foot and only live for three or four years.

Despite the fact that millions of pounds are hauled in each year, they are thriving, VanderKooy said. “They are really, really resilient. It’s a great fish and short-lived.”

Read the full story at the Sun Herald  

RONNIE SHELDON: Menhaden aren’t being ‘decimated’

August 16, 2016 — The following is an excerpt from a letter-to-the editor in the Mississippi Sun Herald.

Lately, I’ve read several opinion articles about the menhaden fishery and problems with Omega Protein.

I’m a lifelong resident of Pascagoula and a sport fisherman. I have no connections or interests in Omega Protein, but most of my spare time is spent fishing for trout and redfish, and I typically fish the same area (Round Island) where Omega Protein fishes for menhaden.

I have no issue with menhaden fishing. Their industry provides hundreds of jobs and pumps millions of dollars into our local economy. Indirectly, their product helps provide food for many as animal feed.

Their bycatch is closely regulated and very small. I’ve never personally seen evidence of any bycatch dumped overboard.

In his “Menhaden haven’t been ‘researched’” (July 31) letter, Steve Shepard’s statement that “menhaden are being decimated by boats during the hot summer months” doesn’t seem to be viable. The commercial menhaden fleet has been operating in our area for 60 years now. If Omega Protein were to decimate the menhaden fishery, they would put themselves out of a job, so it’s not probable.

Read the full letter at the Sun Herald

KENNY HEBERT: CCA is telling fish tales about Omega Protein

April 20, 2016 — On April 2, the Sun Herald published an op-ed from the spokesman of the Coastal Conservation Association — Mississippi, F.J. Eicke (“A most important fish raises need for public scrutiny”), that was filled with more holes than a fisherman’s net. Sadly, time and time again, Mr. Eicke has demonstrated dismissiveness toward sustainable fisheries and the hardworking men and women of Mississippi’s commercial fishing industry.

A major contention offered by Mr. Eicke is that Mississippi’s resident menhaden stock is troubled. This statement is 100 percent incorrect and is little more than a scare tactic. There is no such thing as “Mississippi menhaden.” Due to their very nature — their biology and habitat — menhaden are a Coastwide migratory species, which is why menhaden stock assessments are conducted on a Coastwide basis.

As such, Mr. Eicke’s claim that the public “has no basis for assessing the catch in Mississippi waters” is nonsensical. Menhaden cross state borders routinely as they move around the Gulf. To assess the amount of menhaden in Mississippi waters at any given time is pointless, since, due to migratory patterns, the stock size would be completely different in subsequent days, weeks or months.

Contrary to Mr. Eicke’s claim that menhaden regulations are “minimal,” existing management has been successful in maintaining a sustainable fishery. According to the most recent, peer-reviewed Gulf States Marine Fisheries Commission stock assessment, the menhaden stock is healthy: It is neither overfished nor experiencing overfishing. The same results have been consistent going back 20 years.

Read the full opinion piece at the Sun Herald

MISSISSIPPI: CMR denies Jackson County’s request for 1-mile menhaden fishing limit

April 20, 2016 — BILOXI, Miss. — The Mississippi Commission on Marine Resources denied Jackson County’s request to limit menhaden fishing to at least a mile off the county’s mainland.

The vote was unanimous and came after the commission listened to arguments from both sides of the issue.

On March 7, the Jackson County Board of Supervisors voted 3-2 to ask the state to limit menhaden boats to 1 mile offshore. The move would have closed 22 square miles of the Sound to commercial fishing by the company Omega Protein of Moss Point.

Both the Coastal Conservation Association and Omega Protein went before the CMR.

In the final vote, it came down to science and concern for industry.

Read the full story at the Sun Herald

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