Saving Seafood

Forbes pins sales of Russia’s top 10 seafood firms at almost $4bn

December 18, 2019 — The combined turnover of Russia’ top 10 seafood companies is RUB 238 billion ($3.80bn), according to a ranking of the top owners and firms in the sector from Forbes.

Forbes last ranked the top companies in the sector in 2017, but focused on volume then. However, for the 2019 edition, turnover is the metric used, with Norebo Holding coming out on top, with almost $1bn in turnover. Forbes also estimates 2 million metric tons of quota has been allocated to the top 10 companies in 2019.

According to Forbes, Vitaly Orlov and his Norebo are the largest player in the sector, with turnover of RUB 58.2bn ($929.45m). Norebo, which is the subject of a bitter legal dispute in the UK’s High Court of Justice, spent about $600m to buy competitors in the North-West and Far East in 2011-2013, according to Forbes.

Read the full story at Undercurrent News

2025 global salmon growth forecasts overestimated, new paper argues

December 17, 2019 — Global salmon growth forecasts to 2025 could be overestimated by 6 to 8 percent, according to a new briefing paper from financial think tank Planet Tracker. The culprit is global warming, the paper argues.

In “Salmon Feels the Heat,” researchers analysed reported fish losses attributed to recurring environmental shocks over the past nine years, as reported by the 10 largest publicly listed salmon producers in Norway, Chile, and the United Kingdom. They found that the aggregated production and earnings losses relative to forecast production reached 5 percent for the period between 2010 to 2019.

Read the full story at Seafood Source

Brits buying less fish, with sales declining across all UK retail sectors

November 14, 2019 — The overall volume, value, and number of seafood products sold by U.K. grocery chains has decreased over the past year despite there being no change in retail prices, the latest Nielsen ScanTrack data has found.

In total, but not including sales by in discount stores, U.K. shoppers bought GBP 3.24 billion (USD 4.2 billion, EUR 3.8 billion) worth of seafood in the 12 months through 5 October, 2019. This represented a decrease of 1.4 percent year-on-year. The volume of products sold fell 2.2 percent to 305,554 metric tons (MT), while the number of units sold declined by 1.4 percent to 1.14 billion.

Read the full story at Seafood Source

Post-Brexit funding opened for UK fishing sector

October 29, 2019 — Government funding totaling GBP 15.4 million (USD 19.8 million, EUR 17.9 million) can now be applied for by England’s fishermen and seafood businesses.

The United Kingdom Department for Environment, Food and Rural Affairs (DEFRA) said the funds, which were announced last year, are designed to encourage innovation and technology, as well as improving port infrastructure and safety at sea.

Read the full story at Seafood Source

Another GBP 1 billion year for UK fishing fleet but profits fall

August 22, 2019 — The turnover achieved by the United Kingdom’s fishing fleet reached GBP 1 billion (USD 1.2 billion, EUR 1.1 billion) for the second consecutive year in 2018, although external factors such as fuel cost, weather, and the political landscape have led to a fall in profits, new figures released by seafood public body Seafish showed.

Seafish’s report, “Economics of the UK Fishing Fleet 2018,” which analyzes the performance of the catching sector and is based on the most recent annual accounts available for fishing vessels, also confirmed that operating costs for U.K. vessels increased by 2 percent last year to GBP 759 million (USD 922.9 million, EUR 832.6 million).

Read the full story at Seafood Source

CleanTreat by Benchmark wins top aquaculture innovation prize at Aqua Nor

August 21, 2019 — United Kingdom-based Benchmark Animal Health took home the 2019 Innovation Award at this year’s Aqua Nor event for its CleanTreat technology, a water purification system for aquaculture.

Well boats, tankers, platforms, and onshore facilities could all potentially utilize the award-winning CleanTreat, which cleanses treatment water after delousing, according to Benchmark Animal Health. The company is showcasing CleanTreat at Aqua Nor, the world’s largest aquaculture technology exhibition, this week in Norway from 20 to 23 August.

Read the full story at Seafood Source

Brexit Could Spark The Next Big Fishing War

August 19, 2019 — Britain’s looming exit from the European Union threatens to spark a new fishing war ― one that risks depleting stocks at a moment when warming seas are already stressing aquatic populations.

Newly sworn-in British Prime Minister Boris Johnson has vowed to take his country out of the bloc by the end of October with or without a deal. That raises the possibility of fresh conflicts as European and British trawlers compete for catches in once-shared fisheries and regulatory enforcement falls to the wayside.

A so-called “no-deal Brexit” would pull the United Kingdom out of the EU’s common fisheries policy and could affect “nearly every fishery and species caught commercially in the Northeast Atlantic,” said Michael Harte, a professor and fisheries policy expert at Oregon State University.

Read the full story at The Huffington Post

Sharks Have Few Places To Hide From Fishing, Study Shows

July 24, 2019 — Ocean-dwelling sharks often like to hang out in areas that also get frequented by industrial fishing ships, which puts them at grave risk of being caught either for food or as bycatch.

That’s according to a new study in the journal Nature that mapped the activity of 23 shark species and fishing vessels around the globe.

Researchers tracked more than 1,500 sharks with satellite tags and combined that data with information on ship movements taken from safety technology that vessels use to avoid collisions at sea.

“Tens of millions of these pelagic sharks are being caught by industrialized fisheries in areas where there’s little or no management, and some populations have declined as a result,” says David Sims, a U.K.-based marine ecologist at the Marine Biological Association in Plymouth and the University of Southampton.

Fishing vessels can catch sharks accidentally, because their long lines can extend for miles and have more than 1,000 hooks.

Read the full story at New England Public Radio

‘Smart boats’, AI could revolutionise UK fishing, seafood industries

July 22, 2019 — UK environment secretary Michael Gove has today delivered a boost for innovation in the country’s seafood industry with the opening of a new £10 million research and development fund.

The move paves the way for the potential use of artificial intelligence by fishermen and providing a potential double return on investment for the UK economy, the government claimed.

With the UK fishing industry contributing around £1.4 billion to the economy and employing over 24,000 people, there is huge potential for innovation to improve the technology available across the sector.

Unlike existing funding programs, the Seafood Innovation Fund will focus on delivering longer-term, cutting edge innovation.

UK businesses are already developing satellite technology and virtual watch rooms to track vessel movements, and integrating lighting into fishing nets to reduce unwanted catch and improve efficiency. But with the global fishing industry worth nearly £300bn, the government hopes this fund will encourage further technological development and unlock export opportunities around the world for UK technology pioneers.

“This government is investing record amounts in research and development, with this £10m fund further driving UK innovation,” said Gove. “As the UK establishes itself as an independent coastal state, the Seafood Innovation Fund will bring together our world-leading fishing, seafood, and technology industries to deliver more sustainable and productive fisheries for the future.”

Read the full story at Undercurrent News

“Stocks remain at risk” – Lords slam poor implementation of EU discard ban

July 17, 2019 — Six months after the rules took effect, the U.K. government does not know the extent of compliance with the E.U.’s landing obligation and the fact that the anticipated challenges have not arisen raises concerns that illegal discarding may still be taking place, according to the House of Lords E.U. Energy and Environment Sub-Committee’s new report, “The E.U. fisheries landing obligation: six months on.”

The committee has found that the new rules seem to have had little impact since they came in to full force six months ago. If the landing obligation were being complied with, the committee heard that some vessels would have to stop fishing halfway through the year, and that storage facilities and supply chains would struggle to cope with the amount of undersized fish being brought to shore. It stated that neither of these eventualities have occurred, suggesting fishers are continuing to discard fish illegally.

In its report, the committee highlights that if fishing is permitted above the maximum level that scientific advice states is sustainable, the long-term damage to fish stocks could pose a serious threat to the fishing industry. Given the important ecological reasons for the introduction of the landing obligation, it is concerning both that the government believes illegal discarding is still taking place and that it does not know the extent of compliance, it said.

Read the full story at Seafood Source