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June 2015 Issue 270

wwwiffon

et

1

IFFO NEWS

INDUSTRY NEWS

UPDATE

2 Editorial

IFFOrsquos China Analyst presents at the 2015 Feed Ingredients Forum

3 IFFO wins the Effective Voice Award

IFFO weaned piglet trial shows that High Quality Fishmeal is the best protein source

4 IFFO amp Saving Seafood launch video featuring Andrew Jackson

5 AQSIQ lifted the ban on US poultry meal and feather meal

16 Calendar

5 European stocks 18 times more sustainable

6 Aquafeed market expected to hit $1239903 million by 2019

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

7 China pushes insurance coverage for high-risk seafood sectors

8 Tongwei deal shows solar power could boost Chinarsquos seafood output

9 FAO report highlights role of women in seafood

10 Catch cap eased on menhaden backbone of East Coast fisheries

11 The impacts of climate change on aquaculture

ENFEN Abril statement on El Nintildeo

12 Oceana Group Limited and Daybrook Fisheries Inc merger

13 News in Brief

CONTENTS

2

The work of an association continues to change in line with its members evolving needs IFFO has had different

names and structures during its 50+ year history and delivered different services If we are fortunate enough to be

still serving members in another 50 yearsrsquo time I am sure it will be different again To remain relevant retain existing

members and attract new members an organisation needs a plan needs to listen to member needs anticipate

them where possible and most importantly have a motivated enthusiastic and versatile team to provide the

service

Generally the only recognition we seek is from members through our regular surveys However at the beginning of

May IFFO was invited to attend the International Associations Congress in Lausanne Switzerland We had been shortlisted as a finalist for an

ldquoEffective Voicerdquo award given to organisations that have demonstrated their ability to communicate campaign and influence Reaching the

final three was a result of our work last year with the United Nations Committee on Food Security to successfully avoid a recommendation for

a fishmeal ban becoming UN policy The Congress has some 17000 member organisations so it was an honour to be a finalist and a huge

surprise to be announced as the winner A trophy now sits in our meeting room the first award we believe IFFO has ever won and we hope

showing our members that we are an ldquoEffective Voicerdquo on their behalf

We look forward to seeing another Award being given at the IFFO Annual Conference in Berlin (28th ndash 30th September) this time recognising

an IFFO member for Innovation and Leadership We have already started to collect details for several members but nominations (and self-

nominations) are still welcome ndash if your company has achieved something special contact secretariatiffonet for details on how to enter

Andrew Mallison

Director General

EDITORIAL UPDATE

IFFOrsquos China Analyst presents at the 2015 Feed Ingredients Forum

IFFOrsquos China Analyst Meng Wang recently presented at China Feed Industry Associationrsquos (CFIA) Feed Ingredients Forum part of the China feed industry exhibition in Nanjing

city This was the first year that IFFO has been invited to present as the forum mainly focuses on soy corn DDGS cotton seed and rapeseed etc The US Soybean Association and US Grain Association were among the many speakers at this full day event attended by almost 400 delegates IFFOrsquos presentation gave an analysis on the global market for fishmeal and fish oil (feed purpose) as well as focusing on the outlook of supply and demand in international market for 2015 Several IFFO members attended the event including Haid and CP Foods The audiences were especially interested in the quotas of Peru Chile Europe and United States with catches and the production of fishmeal and fish oil

While at the forum IFFO obtained official data on Chinarsquos feed production with feed production by species in 2014 and the situation of China feed production in the first quarter 2015 According to MOArsquos report China feed production was up by 2 with a total tonnage of 197 million MT in 2014 Due to the poor performance of the hog poultry and aquaculture sectors China feed production was down by 4 in the first quarter 2015 with the main decreases in the pig and aqua feed sectors

2014 YoY

Pig feed 8616 24

Poultry for Egg feed 2902 -44

Poultry for Meat feed 5033 17

Aqua feed 1903 21

Ruminant feed 876 102

other 397 378

Total 197 20

2014 China Feed

Outputs by Species

(million mt)

IFFO wins the Effective Voice Award

In early May the Associations Network held their International and European Associations Congress in Lausanne Switzerland The Associations Network includes over 17000 members who represent specialisations professions and industry

bodies IFFO attends this event as an opportunity to learn how other associations from a wide range of backgrounds approach and solve problems It is a unique opportunity to compare ourselves with organisations as diverse as medical professions construction financialinsurance and engineering associations

The program is a combination of plenary sessions and a number of parallel streams on subjects including event management membership recruitment and retention growth and governance Several destination cities and other service providers exhibit around the congress allowing delegates to shop for new products and event venues

As well as a number of thought-provoking presentations and panel discussions the Congress also includes a number of

annual awards This year IFFO were delighted to be recognised with the Effective Voice award for our work in lobbying the UN Committee on Food Security in 2014 IFFOrsquos input helped change the committeersquos position away from originally recommending the reduction or elimination of fishmeal from feed for farmed fish a policy which would have severely damaged the fishmeal industry and had an adverse impact on the aquaculture sector Mr Mallison was also runner up for the Chief Executive of the Year awards When presenting IFFOrsquos Mr Mallison with the award the judges said that the work was an example of ldquoa campaign that showed that hard work and focus leads to successrdquo

Upon winning the award Mr Mallison said that ldquoone of the key roles of IFFO is to represent our members when new policies or regulations are being drafted Our campaign last year with the UN Committee on Food Security was an example of how we prevent bad and uninformed policy being introduced I would like to thank the judges for recognising our efforts against nominations from such a wide range of other professions and industriesrdquo Mr Mallison was also interviewed by the Associations Network the full interview can be found here - httpwwwassociationsnetworkorgArticleId=a0I3000000Vb4daEAB

3

IFFO NEWS UPDATE

IFFO weaned piglet trial shows that High Quality Fishmeal is the best protein source

Results from IFFOrsquos latest report on a weaned piglet trial show that high quality or super fishmeal outperformed the other feeds tested The research was carried out by the China Agricultural University in order to compare the effect of a number of different dietary protein sources on the performance of young piglets Apart from high quality fishmeal the other feeds used

in the trail were average quality fishmeal soybean meal and linseed meal as well as fermented products from these two plant meals The trial of these 6 protein sources involved 6 replicates each with 8 piglets and lasted from the 26th day after birth to 53rd day

Young piglets are extremely sensitive to the different sources of protein in their diets while their digestive system is still developing post-weaning There can be a significant difference in the palatability and amino acid digestibility in piglets diets depending on the protein source and the processing undertaken Anti-nutritional compounds are found in many vegetable proteins and attempts are being made to reduce these to improve piglet performance A widely used technique now being used by some in China is to partially ferment the vegetable meal to reduce the anti-nutritional compounds and increase protein digestibility

Poor protein sources can cause greater stress to young piglets and result in poorer growth performance which once lost can never be recovered The trial results shown in the graph below demonstrate that fishmeal (added at only 5) gave superior growth and lower feed conversion ratios than the vegetable protein sources although the fermentation process did seem to improve the perfor-mance of the plant proteins The research also showed that

IFFO amp Saving Seafood launch video featuring Andrew Jackson

In a new video produced by Saving Seafood a leading public information resource for the commercial fishing industry seafood industry leaders discuss a key development in the dialogue within the industry from this springrsquos SeaWeb Seafood Summit held in New Orleans Fishermen world-renowned fisheries experts leaders in environmental conservation and interested stakeholders convened for discussions on seafood sustainability and demonstrated a cooperative spirit that is encouraging for the future of sustainable seafood The video prominently features Dr Andrew Jackson of IFFO The Marine Ingredients Organisation an international not for profit organization that represents and promotes the fishmeal fish oil and marine ingredients industry worldwide Dr Jackson identifies and overviews this trend in Saving Seafoodrsquos video reportage of the conference Saving Seafood spoke with both award-winning industry leader Dr Jackson and famed explorer and oceanographer Fabien Cousteau

Dr Andrew Jackson is the Technical Director for IFFO and the winner of the 2015 Seafood Champion Award for Leadership at this yearrsquos SeaWeb Summit He was awarded the honour in part thanks to ldquoworking with stakeholders toward creating a uniform standard and encouraging responsible production of fishmeal and fish oilrdquo

In the video Dr Jackson discusses a heartening change in attitudes at the Summit toward mutually productive and long-lasting relations joining the fishing industry and marine conservation communities As he states in the video the dialogue at sustainability conferences has improved over the course of several years According to Dr Jackson ldquoInstead of standing at either side of the room and throwing things at each other we started a dialoguerdquo he said ldquoItrsquos better to sit down and talk rather than exchanging insultsrdquo

IFFO supports and applauds SeaWebrsquos work in driving an ongoing dialogue on vital issues in the fishing industry drawing together representatives from all sides including industry academia and environmental interest groups to find a common approach

In recent years the industry has made great strides to improve its responsible practices by encouraging the introduction of more precautionary practices in the management of fisheries IFFO leads this important development with the introduction of IFFO RS Global Supply Standard The industry continues to develop these advancements as the current standard only covers 42 of the fishmeal and fish oil global production According to Dr Jackson IFFO is now working on encouraging the remaining 58 of producers to demonstrate the same responsible behaviour Achieving this standard requires a coordinated approach from all sides of the industry and the SeaWeb Summit is an important forum for this discussion

Watch the video here

Press coverage

FIS

The Fish Site

4

IFFO NEWS UPDATE

the super fishmeal gave a better performance than the average quality fishmeal producing the heaviest and healthiest pigs on the lowest feed conversion ratio Finally piglets on super fishmeal also had a good balance of intestinal microflora which will have contributed to their heavy weights and good health making them ideal for on-growing

To produce this report IFFO worked closely with the College of Animal Science and Technology China Agricultural University namely Qiugang Ma Guoqing Liu Yongjun Jian and Cheng Ji IFFO would like to thank all those involved IFFOrsquos China Director noted that lsquoresearch

like this has continued to demonstrate the vital importance of fishmeal in feed and we hope to carry out further studies in the future to determine the optimum nutritional feedrsquo

The full report is available here - httpwwwiffonetanimal-feeding

Press coverage

Intrafish

Undercurrent News

Seafood Source

FIScom

5

IFFO NEWS UPDATE

IFFO China has learned from a news interview with the National Renderers Association of US (NRA) that AQSIQ has recently lifted the ban on US poultry meal and feather meal although this decision has yet to be confirmed on the AQSIQ website

This decision was apparently made after the National Renderers Association of US (NRA) argued that quality poultry meal (pet food grade) is ideal replacement for super

fine imported fishmeal in aqua feed following the short supplies and higher prices in the past months Competition in Chinarsquos feed sector is expected to increase following this move

According to NRA 37 of poultry body does not enter human food chain in the US and annual output of poultry meal is 122 million ton while that of feather meal is 620000 tons From 2009 to 2014 US poultry meal export volumes to China grew from 4500 tons to 70000 tons

AQSIQ lifted the ban on US poultry meal and feather meal

INDUSTRY NEWS

There has been an eighteen-fold increase in north-east Atlantic commercial stocks now fished at sustainable levels compared to 12 years ago new scientific data has revealed The EU figures show that 36 stocks are now fished at maxi-mum sustainable yield (MSY) levels ndash a key indicator of the sustainabil-

ity of a particular fishery This is compared to 27 fisheries at MSY in 2014 and just two in 2003

Fishing mortality ndash the proportion of fish removed from the stock due to fishing activities ndash is decreasing while the proportion of fish stocks being caught at sustainable levels is increasing Many of Europersquos most popular commercial fish species including herring common sole cod and horse mackerel are now caught at sustainable levels in several areas European fishermen have employed numerous measures to achieve greater sustainability in the sector over the past 10 years

There has been widespread cooperation between fisher-men and scientists in an effort to both track stock trends and enhance fishing practices In addition fishermen have committed to using more selective fishing methods and equipment including introducing nets with a larger mesh size allowing juveniles to escape and sophisticated tracking technology to ensure only the desired fish are caught

Javier Garat president of Europecircche the trade body that represents 80000 fishermen and 45000 vessels across Europe said lsquoThese figures are testament to the hard work of fishermen across Europe who have shown real determi-nation to fish in a more responsible and sustainable man-ner lsquoTo consistently improve the number of fisheries at maximum sustainable yield is an enormous success lsquoWhile environmental sustainability is a key priority for us it doesnrsquot necessarily have to come at the detriment of the two other sustainability pillars ndash the continuing economic and social wellbeing of the industryrsquo

The UK is represented within Europeche by two organisa-tions the National Federation of Fishermenrsquos Organisations (NFFO) and the Scottish Fishermenrsquos Federation (SFF) The UK contributes 11277 fishermen and 6415 vessels to the EU fleet and catches just under 600000 tonnes of fish a year around 12 of the combined EU total Barrie Deas of the NFFO said lsquoThis latest data shows exactly how these three key aims of sustainability can be achieved hand-in-hand and the fact that the efforts of our fishermen have had such a positive effect in a relatively short space of time proves how their commitment is paying offrsquo With the reform of the Common Fisheries Policy in 2014 these figures are expected to increase further in particular with the new landing obligations and multiannual management plans Source FishUpdatecom

European stocks 18 times more sustainable

6

UPDATE

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

EWOS says it has lots of lsquoirons in the firersquo to recycle and upcycle nutrients to improve the environmental profile of farmed fish feed Ted Andreas Mollan supplier develop-ment manager at salmonid feed group EWOS said ldquoWe are investing NOK100 million ($13 million) a year in RampD to improve feed composition and make salmon feed more sustainablerdquo He said EWOS is involved in projects throughout the whole value chain of salmon feed production to improve efficiency economy and sustainability and that it encourages suppliers to comply with responsible production principles such as ProTerra on soy along with the IFFO RS and MSC on marine raw materials

The company expects two to three times more growth in salmonid feed demand in the next three years and perhaps more if Norwegian farmers can leverage productivity potential It forecasts the global salmonid feed market to exceed four million tons in 2016 ldquoSalmon filets have a unique standing in the market and volume will continue to grow as more people increase buying powerrdquo said Mollan

But a key aspect of the sustainability of salmon aquaculture industry is the supply of fishmeal and fish oil both of which are finite resources EWOS said Mollan has been

collaborating with the Global Salmon Initiative (GSI) which includes the UNs Food and Agriculture Organization (FAO) and other salmon industry partners to research and develop new projects to support the sustainable management of fish oil and fishmeal and to review the potential of alternative resources

New raw materials

Inclusion of fish oil in EWOS salmonid feed was on average 24 of the formulation in 2005 and reduced to just 11 by 2012 with the balance coming from plant oil alternatives in Europe and some poultry oil in Chile and Canada

ldquoThe process of developing sustainable feed formulations is a continuous process for us We have managed to improve availability of viable vegetable raw materials to further replace marine raw materials but there is still huge potential for improvement However there is not an absolute goal of removing marine proteins from dietsrdquo said Mollan

Indeed the feed company had said previously that large scale commercialization of genetically modified plants and algae as the major alternative Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) sources is likely to take several years meaning that fish oil will remain a crucial and

INDUSTRY NEWS

The Report AquaFeed Market - Global Trends amp Forecasts to 2019 The global aquafeed market is projected to be valued at 894790 MT by 2019 and $1239903 million by 2019 at CAGRs of 107 and 123 respectively from 2014 to 2019

The aquafeed market has grown exponentially in the last decade and this growth is expected to continue Factors such as increasing consumption of seafood and growth in the aquaculture industry are propelling the market for the aquafeed industry globally The expanding middle class population especially in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term Asia-Pacific contributes to around 90 of the global aquaculture production The main producers are China India Vietnam Philippines and Japan China is the largest market for fish in Asia-Pacific region which is driving the demand for aquafeed particularly in this region

Scientific evidence may help the aquafeed sector gain considerable market share in the future This would be possible by increasing the investments in RampD and cost

management coupled with information flow for the nutrient requirements of fish

The report defines and segments the aquafeed market with an analysis and forecasting of the global values for the market It also identifies the driving and restraining factors with an analysis of trends opportunities burning issues winning imperatives and challenges The market is segmented and the value is forecasted on the basis of major regions namely North America Europe Asia-Pacific and Rest of the World (RoW) The aquafeed market includes feed for fish crustaceans mollusks and others There has been a growing trend within most developing countries and many developed countries (such as Japan) towards the increased use of artificially compounded feeds (aquafeeds) for farmed finfish and crustaceans

Source Whatechcom

Aquafeed market expected to hit $1239903 million by 2019

7

UPDATE

strategically important resource for the producer for the foreseeable future Nevertheless it continues to work on ways to decrease the inclusion of fishmeal and fish oil in salmon feed

CO2BIO project

Ongoing research collaboration in the area of developing substitutes to marine EPA and DHA sources include the companyrsquos partnership in the CO2BIO project a network of stakeholders from industry and academia that aims to use

cleaned carbon dioxide emissions from the Mongstad oil refinery in Norway to produce algae for fish feed

The Norwegian Parliament awarded the project $1 million in funding for a pilot plant that would use CO2

captured at the CO2 Technology Centre Mongstad (TCM) Construction of the 300 square metre algae production test facility was scheduled for completion in early 2015 but Svein Nordvik who manages the project told this publication the build has been delayed until August this year ldquoWe will have the opening ceremony at the beginning of 2016 and will then start the RampD work based on algae and CO2 from TCMrdquo he said Together with Hordafocircr in Norway EWOS is also increasing the inclusion levels of marine trimmings and by-products in its feed which it said are nutritious raw materials for salmon feed that otherwise goes to waste Its use of such products rose to 31 in 2013 from 24 in 2012

Animal by-products

For many years the salmon feed maker has used animal by-products (ABPs) like blood meal and poultry meal in feeds produced in both Chile and Canada There has not wide use of ABPs in salmon feed in Europe in recent years in

compliance with regulations and market requirements But EWOS believes this could change in the near future

Its Spotlight publication from 2013 notes ldquoAnimal by-products are a safe source of cost effective high protein nutritious raw materials that can be sourced locally in all regions The inclusion of ABPs in feed formulations increases the scope for nutritionists to further expand the raw material basket and reduce dependence on marine resources Blood and poultry meals of the right quality are extremely good protein sources and EWOS encourages the use of these raw materials on sustainability and economic grounds in all regionsrdquo

Tunicates and insects

Mollan said EWOS is also involved in a research project around tunicates which is evaluating their use in animal and salmon feed Tunicates which feed on algae and microorganisms are found in all the worldrsquos oceans When their water content is removed they consist of 55 protein and they are also the only animals that produce cellulose It is expected they could have potential in the long term for both feed and biofuel And he said the salmon feed company is collaborating in the Research Council of Norway funded AquaFly project The partners involved will spend the next four years investigating the potential of using insects in fish feed When asked how the feed group can help contribute to more environmentally friendly salmon farming production in terms of waste Mollan said ldquoThe waste output from salmon farming is dependent on several factors like environment fish health farm management and also feed quality By developing more efficient feed solutions with highly digestible nutrient content and improved feed conversion rate the waste output is reducedrdquo

Source FeedNavigatorcom

China pushes insurance coverage for high-risk seafood sectors

Two of Chinarsquos key seafood-producing regions have made another effort at extending insurance to the highly fragmented aquaculture sector The coastal city of Yantai has launched what itrsquos terming the first mariculture weather index insurance policies mdash part of a new effort to get 90 of local farmed seafood stocks insured by 2020

Home to more than 70 of the countryrsquos cultured shellfish output Yantai has convinced the local office of Tai Ping Insurance Co a state-owned giant to write policies designed to trigger payments to producers when weather conditions exceed certain heat levels Over 90 years of local weather data for the Yantai area were assessed in the design of the policies according to a spokesman for Tai

Ping Zhang Hewei ldquoWhen the temperature rises to 32 [degrees Celsius] the average mortality rate for sea cucumbers is 10 with that figure and we use this data to calculate our premiumsrdquo

Yantai authorities are particularly keen to allow producers to quickly reboot production after weather mishaps explains Sun Lidong an official at the Yantai office of the Ocean amp Fisheries Bureau a government agency Government will cover up to 40 of the cost of premiums depending on the entity covered according to Sun The local and national governments have long identified extending insurance to its fisheries and aquaculture sector as one of the keys to improving productivity and efficiency

INDUSTRY NEWS

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

1

IFFO NEWS

INDUSTRY NEWS

UPDATE

2 Editorial

IFFOrsquos China Analyst presents at the 2015 Feed Ingredients Forum

3 IFFO wins the Effective Voice Award

IFFO weaned piglet trial shows that High Quality Fishmeal is the best protein source

4 IFFO amp Saving Seafood launch video featuring Andrew Jackson

5 AQSIQ lifted the ban on US poultry meal and feather meal

16 Calendar

5 European stocks 18 times more sustainable

6 Aquafeed market expected to hit $1239903 million by 2019

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

7 China pushes insurance coverage for high-risk seafood sectors

8 Tongwei deal shows solar power could boost Chinarsquos seafood output

9 FAO report highlights role of women in seafood

10 Catch cap eased on menhaden backbone of East Coast fisheries

11 The impacts of climate change on aquaculture

ENFEN Abril statement on El Nintildeo

12 Oceana Group Limited and Daybrook Fisheries Inc merger

13 News in Brief

CONTENTS

2

The work of an association continues to change in line with its members evolving needs IFFO has had different

names and structures during its 50+ year history and delivered different services If we are fortunate enough to be

still serving members in another 50 yearsrsquo time I am sure it will be different again To remain relevant retain existing

members and attract new members an organisation needs a plan needs to listen to member needs anticipate

them where possible and most importantly have a motivated enthusiastic and versatile team to provide the

service

Generally the only recognition we seek is from members through our regular surveys However at the beginning of

May IFFO was invited to attend the International Associations Congress in Lausanne Switzerland We had been shortlisted as a finalist for an

ldquoEffective Voicerdquo award given to organisations that have demonstrated their ability to communicate campaign and influence Reaching the

final three was a result of our work last year with the United Nations Committee on Food Security to successfully avoid a recommendation for

a fishmeal ban becoming UN policy The Congress has some 17000 member organisations so it was an honour to be a finalist and a huge

surprise to be announced as the winner A trophy now sits in our meeting room the first award we believe IFFO has ever won and we hope

showing our members that we are an ldquoEffective Voicerdquo on their behalf

We look forward to seeing another Award being given at the IFFO Annual Conference in Berlin (28th ndash 30th September) this time recognising

an IFFO member for Innovation and Leadership We have already started to collect details for several members but nominations (and self-

nominations) are still welcome ndash if your company has achieved something special contact secretariatiffonet for details on how to enter

Andrew Mallison

Director General

EDITORIAL UPDATE

IFFOrsquos China Analyst presents at the 2015 Feed Ingredients Forum

IFFOrsquos China Analyst Meng Wang recently presented at China Feed Industry Associationrsquos (CFIA) Feed Ingredients Forum part of the China feed industry exhibition in Nanjing

city This was the first year that IFFO has been invited to present as the forum mainly focuses on soy corn DDGS cotton seed and rapeseed etc The US Soybean Association and US Grain Association were among the many speakers at this full day event attended by almost 400 delegates IFFOrsquos presentation gave an analysis on the global market for fishmeal and fish oil (feed purpose) as well as focusing on the outlook of supply and demand in international market for 2015 Several IFFO members attended the event including Haid and CP Foods The audiences were especially interested in the quotas of Peru Chile Europe and United States with catches and the production of fishmeal and fish oil

While at the forum IFFO obtained official data on Chinarsquos feed production with feed production by species in 2014 and the situation of China feed production in the first quarter 2015 According to MOArsquos report China feed production was up by 2 with a total tonnage of 197 million MT in 2014 Due to the poor performance of the hog poultry and aquaculture sectors China feed production was down by 4 in the first quarter 2015 with the main decreases in the pig and aqua feed sectors

2014 YoY

Pig feed 8616 24

Poultry for Egg feed 2902 -44

Poultry for Meat feed 5033 17

Aqua feed 1903 21

Ruminant feed 876 102

other 397 378

Total 197 20

2014 China Feed

Outputs by Species

(million mt)

IFFO wins the Effective Voice Award

In early May the Associations Network held their International and European Associations Congress in Lausanne Switzerland The Associations Network includes over 17000 members who represent specialisations professions and industry

bodies IFFO attends this event as an opportunity to learn how other associations from a wide range of backgrounds approach and solve problems It is a unique opportunity to compare ourselves with organisations as diverse as medical professions construction financialinsurance and engineering associations

The program is a combination of plenary sessions and a number of parallel streams on subjects including event management membership recruitment and retention growth and governance Several destination cities and other service providers exhibit around the congress allowing delegates to shop for new products and event venues

As well as a number of thought-provoking presentations and panel discussions the Congress also includes a number of

annual awards This year IFFO were delighted to be recognised with the Effective Voice award for our work in lobbying the UN Committee on Food Security in 2014 IFFOrsquos input helped change the committeersquos position away from originally recommending the reduction or elimination of fishmeal from feed for farmed fish a policy which would have severely damaged the fishmeal industry and had an adverse impact on the aquaculture sector Mr Mallison was also runner up for the Chief Executive of the Year awards When presenting IFFOrsquos Mr Mallison with the award the judges said that the work was an example of ldquoa campaign that showed that hard work and focus leads to successrdquo

Upon winning the award Mr Mallison said that ldquoone of the key roles of IFFO is to represent our members when new policies or regulations are being drafted Our campaign last year with the UN Committee on Food Security was an example of how we prevent bad and uninformed policy being introduced I would like to thank the judges for recognising our efforts against nominations from such a wide range of other professions and industriesrdquo Mr Mallison was also interviewed by the Associations Network the full interview can be found here - httpwwwassociationsnetworkorgArticleId=a0I3000000Vb4daEAB

3

IFFO NEWS UPDATE

IFFO weaned piglet trial shows that High Quality Fishmeal is the best protein source

Results from IFFOrsquos latest report on a weaned piglet trial show that high quality or super fishmeal outperformed the other feeds tested The research was carried out by the China Agricultural University in order to compare the effect of a number of different dietary protein sources on the performance of young piglets Apart from high quality fishmeal the other feeds used

in the trail were average quality fishmeal soybean meal and linseed meal as well as fermented products from these two plant meals The trial of these 6 protein sources involved 6 replicates each with 8 piglets and lasted from the 26th day after birth to 53rd day

Young piglets are extremely sensitive to the different sources of protein in their diets while their digestive system is still developing post-weaning There can be a significant difference in the palatability and amino acid digestibility in piglets diets depending on the protein source and the processing undertaken Anti-nutritional compounds are found in many vegetable proteins and attempts are being made to reduce these to improve piglet performance A widely used technique now being used by some in China is to partially ferment the vegetable meal to reduce the anti-nutritional compounds and increase protein digestibility

Poor protein sources can cause greater stress to young piglets and result in poorer growth performance which once lost can never be recovered The trial results shown in the graph below demonstrate that fishmeal (added at only 5) gave superior growth and lower feed conversion ratios than the vegetable protein sources although the fermentation process did seem to improve the perfor-mance of the plant proteins The research also showed that

IFFO amp Saving Seafood launch video featuring Andrew Jackson

In a new video produced by Saving Seafood a leading public information resource for the commercial fishing industry seafood industry leaders discuss a key development in the dialogue within the industry from this springrsquos SeaWeb Seafood Summit held in New Orleans Fishermen world-renowned fisheries experts leaders in environmental conservation and interested stakeholders convened for discussions on seafood sustainability and demonstrated a cooperative spirit that is encouraging for the future of sustainable seafood The video prominently features Dr Andrew Jackson of IFFO The Marine Ingredients Organisation an international not for profit organization that represents and promotes the fishmeal fish oil and marine ingredients industry worldwide Dr Jackson identifies and overviews this trend in Saving Seafoodrsquos video reportage of the conference Saving Seafood spoke with both award-winning industry leader Dr Jackson and famed explorer and oceanographer Fabien Cousteau

Dr Andrew Jackson is the Technical Director for IFFO and the winner of the 2015 Seafood Champion Award for Leadership at this yearrsquos SeaWeb Summit He was awarded the honour in part thanks to ldquoworking with stakeholders toward creating a uniform standard and encouraging responsible production of fishmeal and fish oilrdquo

In the video Dr Jackson discusses a heartening change in attitudes at the Summit toward mutually productive and long-lasting relations joining the fishing industry and marine conservation communities As he states in the video the dialogue at sustainability conferences has improved over the course of several years According to Dr Jackson ldquoInstead of standing at either side of the room and throwing things at each other we started a dialoguerdquo he said ldquoItrsquos better to sit down and talk rather than exchanging insultsrdquo

IFFO supports and applauds SeaWebrsquos work in driving an ongoing dialogue on vital issues in the fishing industry drawing together representatives from all sides including industry academia and environmental interest groups to find a common approach

In recent years the industry has made great strides to improve its responsible practices by encouraging the introduction of more precautionary practices in the management of fisheries IFFO leads this important development with the introduction of IFFO RS Global Supply Standard The industry continues to develop these advancements as the current standard only covers 42 of the fishmeal and fish oil global production According to Dr Jackson IFFO is now working on encouraging the remaining 58 of producers to demonstrate the same responsible behaviour Achieving this standard requires a coordinated approach from all sides of the industry and the SeaWeb Summit is an important forum for this discussion

Watch the video here

Press coverage

FIS

The Fish Site

4

IFFO NEWS UPDATE

the super fishmeal gave a better performance than the average quality fishmeal producing the heaviest and healthiest pigs on the lowest feed conversion ratio Finally piglets on super fishmeal also had a good balance of intestinal microflora which will have contributed to their heavy weights and good health making them ideal for on-growing

To produce this report IFFO worked closely with the College of Animal Science and Technology China Agricultural University namely Qiugang Ma Guoqing Liu Yongjun Jian and Cheng Ji IFFO would like to thank all those involved IFFOrsquos China Director noted that lsquoresearch

like this has continued to demonstrate the vital importance of fishmeal in feed and we hope to carry out further studies in the future to determine the optimum nutritional feedrsquo

The full report is available here - httpwwwiffonetanimal-feeding

Press coverage

Intrafish

Undercurrent News

Seafood Source

FIScom

5

IFFO NEWS UPDATE

IFFO China has learned from a news interview with the National Renderers Association of US (NRA) that AQSIQ has recently lifted the ban on US poultry meal and feather meal although this decision has yet to be confirmed on the AQSIQ website

This decision was apparently made after the National Renderers Association of US (NRA) argued that quality poultry meal (pet food grade) is ideal replacement for super

fine imported fishmeal in aqua feed following the short supplies and higher prices in the past months Competition in Chinarsquos feed sector is expected to increase following this move

According to NRA 37 of poultry body does not enter human food chain in the US and annual output of poultry meal is 122 million ton while that of feather meal is 620000 tons From 2009 to 2014 US poultry meal export volumes to China grew from 4500 tons to 70000 tons

AQSIQ lifted the ban on US poultry meal and feather meal

INDUSTRY NEWS

There has been an eighteen-fold increase in north-east Atlantic commercial stocks now fished at sustainable levels compared to 12 years ago new scientific data has revealed The EU figures show that 36 stocks are now fished at maxi-mum sustainable yield (MSY) levels ndash a key indicator of the sustainabil-

ity of a particular fishery This is compared to 27 fisheries at MSY in 2014 and just two in 2003

Fishing mortality ndash the proportion of fish removed from the stock due to fishing activities ndash is decreasing while the proportion of fish stocks being caught at sustainable levels is increasing Many of Europersquos most popular commercial fish species including herring common sole cod and horse mackerel are now caught at sustainable levels in several areas European fishermen have employed numerous measures to achieve greater sustainability in the sector over the past 10 years

There has been widespread cooperation between fisher-men and scientists in an effort to both track stock trends and enhance fishing practices In addition fishermen have committed to using more selective fishing methods and equipment including introducing nets with a larger mesh size allowing juveniles to escape and sophisticated tracking technology to ensure only the desired fish are caught

Javier Garat president of Europecircche the trade body that represents 80000 fishermen and 45000 vessels across Europe said lsquoThese figures are testament to the hard work of fishermen across Europe who have shown real determi-nation to fish in a more responsible and sustainable man-ner lsquoTo consistently improve the number of fisheries at maximum sustainable yield is an enormous success lsquoWhile environmental sustainability is a key priority for us it doesnrsquot necessarily have to come at the detriment of the two other sustainability pillars ndash the continuing economic and social wellbeing of the industryrsquo

The UK is represented within Europeche by two organisa-tions the National Federation of Fishermenrsquos Organisations (NFFO) and the Scottish Fishermenrsquos Federation (SFF) The UK contributes 11277 fishermen and 6415 vessels to the EU fleet and catches just under 600000 tonnes of fish a year around 12 of the combined EU total Barrie Deas of the NFFO said lsquoThis latest data shows exactly how these three key aims of sustainability can be achieved hand-in-hand and the fact that the efforts of our fishermen have had such a positive effect in a relatively short space of time proves how their commitment is paying offrsquo With the reform of the Common Fisheries Policy in 2014 these figures are expected to increase further in particular with the new landing obligations and multiannual management plans Source FishUpdatecom

European stocks 18 times more sustainable

6

UPDATE

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

EWOS says it has lots of lsquoirons in the firersquo to recycle and upcycle nutrients to improve the environmental profile of farmed fish feed Ted Andreas Mollan supplier develop-ment manager at salmonid feed group EWOS said ldquoWe are investing NOK100 million ($13 million) a year in RampD to improve feed composition and make salmon feed more sustainablerdquo He said EWOS is involved in projects throughout the whole value chain of salmon feed production to improve efficiency economy and sustainability and that it encourages suppliers to comply with responsible production principles such as ProTerra on soy along with the IFFO RS and MSC on marine raw materials

The company expects two to three times more growth in salmonid feed demand in the next three years and perhaps more if Norwegian farmers can leverage productivity potential It forecasts the global salmonid feed market to exceed four million tons in 2016 ldquoSalmon filets have a unique standing in the market and volume will continue to grow as more people increase buying powerrdquo said Mollan

But a key aspect of the sustainability of salmon aquaculture industry is the supply of fishmeal and fish oil both of which are finite resources EWOS said Mollan has been

collaborating with the Global Salmon Initiative (GSI) which includes the UNs Food and Agriculture Organization (FAO) and other salmon industry partners to research and develop new projects to support the sustainable management of fish oil and fishmeal and to review the potential of alternative resources

New raw materials

Inclusion of fish oil in EWOS salmonid feed was on average 24 of the formulation in 2005 and reduced to just 11 by 2012 with the balance coming from plant oil alternatives in Europe and some poultry oil in Chile and Canada

ldquoThe process of developing sustainable feed formulations is a continuous process for us We have managed to improve availability of viable vegetable raw materials to further replace marine raw materials but there is still huge potential for improvement However there is not an absolute goal of removing marine proteins from dietsrdquo said Mollan

Indeed the feed company had said previously that large scale commercialization of genetically modified plants and algae as the major alternative Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) sources is likely to take several years meaning that fish oil will remain a crucial and

INDUSTRY NEWS

The Report AquaFeed Market - Global Trends amp Forecasts to 2019 The global aquafeed market is projected to be valued at 894790 MT by 2019 and $1239903 million by 2019 at CAGRs of 107 and 123 respectively from 2014 to 2019

The aquafeed market has grown exponentially in the last decade and this growth is expected to continue Factors such as increasing consumption of seafood and growth in the aquaculture industry are propelling the market for the aquafeed industry globally The expanding middle class population especially in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term Asia-Pacific contributes to around 90 of the global aquaculture production The main producers are China India Vietnam Philippines and Japan China is the largest market for fish in Asia-Pacific region which is driving the demand for aquafeed particularly in this region

Scientific evidence may help the aquafeed sector gain considerable market share in the future This would be possible by increasing the investments in RampD and cost

management coupled with information flow for the nutrient requirements of fish

The report defines and segments the aquafeed market with an analysis and forecasting of the global values for the market It also identifies the driving and restraining factors with an analysis of trends opportunities burning issues winning imperatives and challenges The market is segmented and the value is forecasted on the basis of major regions namely North America Europe Asia-Pacific and Rest of the World (RoW) The aquafeed market includes feed for fish crustaceans mollusks and others There has been a growing trend within most developing countries and many developed countries (such as Japan) towards the increased use of artificially compounded feeds (aquafeeds) for farmed finfish and crustaceans

Source Whatechcom

Aquafeed market expected to hit $1239903 million by 2019

7

UPDATE

strategically important resource for the producer for the foreseeable future Nevertheless it continues to work on ways to decrease the inclusion of fishmeal and fish oil in salmon feed

CO2BIO project

Ongoing research collaboration in the area of developing substitutes to marine EPA and DHA sources include the companyrsquos partnership in the CO2BIO project a network of stakeholders from industry and academia that aims to use

cleaned carbon dioxide emissions from the Mongstad oil refinery in Norway to produce algae for fish feed

The Norwegian Parliament awarded the project $1 million in funding for a pilot plant that would use CO2

captured at the CO2 Technology Centre Mongstad (TCM) Construction of the 300 square metre algae production test facility was scheduled for completion in early 2015 but Svein Nordvik who manages the project told this publication the build has been delayed until August this year ldquoWe will have the opening ceremony at the beginning of 2016 and will then start the RampD work based on algae and CO2 from TCMrdquo he said Together with Hordafocircr in Norway EWOS is also increasing the inclusion levels of marine trimmings and by-products in its feed which it said are nutritious raw materials for salmon feed that otherwise goes to waste Its use of such products rose to 31 in 2013 from 24 in 2012

Animal by-products

For many years the salmon feed maker has used animal by-products (ABPs) like blood meal and poultry meal in feeds produced in both Chile and Canada There has not wide use of ABPs in salmon feed in Europe in recent years in

compliance with regulations and market requirements But EWOS believes this could change in the near future

Its Spotlight publication from 2013 notes ldquoAnimal by-products are a safe source of cost effective high protein nutritious raw materials that can be sourced locally in all regions The inclusion of ABPs in feed formulations increases the scope for nutritionists to further expand the raw material basket and reduce dependence on marine resources Blood and poultry meals of the right quality are extremely good protein sources and EWOS encourages the use of these raw materials on sustainability and economic grounds in all regionsrdquo

Tunicates and insects

Mollan said EWOS is also involved in a research project around tunicates which is evaluating their use in animal and salmon feed Tunicates which feed on algae and microorganisms are found in all the worldrsquos oceans When their water content is removed they consist of 55 protein and they are also the only animals that produce cellulose It is expected they could have potential in the long term for both feed and biofuel And he said the salmon feed company is collaborating in the Research Council of Norway funded AquaFly project The partners involved will spend the next four years investigating the potential of using insects in fish feed When asked how the feed group can help contribute to more environmentally friendly salmon farming production in terms of waste Mollan said ldquoThe waste output from salmon farming is dependent on several factors like environment fish health farm management and also feed quality By developing more efficient feed solutions with highly digestible nutrient content and improved feed conversion rate the waste output is reducedrdquo

Source FeedNavigatorcom

China pushes insurance coverage for high-risk seafood sectors

Two of Chinarsquos key seafood-producing regions have made another effort at extending insurance to the highly fragmented aquaculture sector The coastal city of Yantai has launched what itrsquos terming the first mariculture weather index insurance policies mdash part of a new effort to get 90 of local farmed seafood stocks insured by 2020

Home to more than 70 of the countryrsquos cultured shellfish output Yantai has convinced the local office of Tai Ping Insurance Co a state-owned giant to write policies designed to trigger payments to producers when weather conditions exceed certain heat levels Over 90 years of local weather data for the Yantai area were assessed in the design of the policies according to a spokesman for Tai

Ping Zhang Hewei ldquoWhen the temperature rises to 32 [degrees Celsius] the average mortality rate for sea cucumbers is 10 with that figure and we use this data to calculate our premiumsrdquo

Yantai authorities are particularly keen to allow producers to quickly reboot production after weather mishaps explains Sun Lidong an official at the Yantai office of the Ocean amp Fisheries Bureau a government agency Government will cover up to 40 of the cost of premiums depending on the entity covered according to Sun The local and national governments have long identified extending insurance to its fisheries and aquaculture sector as one of the keys to improving productivity and efficiency

INDUSTRY NEWS

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

2

The work of an association continues to change in line with its members evolving needs IFFO has had different

names and structures during its 50+ year history and delivered different services If we are fortunate enough to be

still serving members in another 50 yearsrsquo time I am sure it will be different again To remain relevant retain existing

members and attract new members an organisation needs a plan needs to listen to member needs anticipate

them where possible and most importantly have a motivated enthusiastic and versatile team to provide the

service

Generally the only recognition we seek is from members through our regular surveys However at the beginning of

May IFFO was invited to attend the International Associations Congress in Lausanne Switzerland We had been shortlisted as a finalist for an

ldquoEffective Voicerdquo award given to organisations that have demonstrated their ability to communicate campaign and influence Reaching the

final three was a result of our work last year with the United Nations Committee on Food Security to successfully avoid a recommendation for

a fishmeal ban becoming UN policy The Congress has some 17000 member organisations so it was an honour to be a finalist and a huge

surprise to be announced as the winner A trophy now sits in our meeting room the first award we believe IFFO has ever won and we hope

showing our members that we are an ldquoEffective Voicerdquo on their behalf

We look forward to seeing another Award being given at the IFFO Annual Conference in Berlin (28th ndash 30th September) this time recognising

an IFFO member for Innovation and Leadership We have already started to collect details for several members but nominations (and self-

nominations) are still welcome ndash if your company has achieved something special contact secretariatiffonet for details on how to enter

Andrew Mallison

Director General

EDITORIAL UPDATE

IFFOrsquos China Analyst presents at the 2015 Feed Ingredients Forum

IFFOrsquos China Analyst Meng Wang recently presented at China Feed Industry Associationrsquos (CFIA) Feed Ingredients Forum part of the China feed industry exhibition in Nanjing

city This was the first year that IFFO has been invited to present as the forum mainly focuses on soy corn DDGS cotton seed and rapeseed etc The US Soybean Association and US Grain Association were among the many speakers at this full day event attended by almost 400 delegates IFFOrsquos presentation gave an analysis on the global market for fishmeal and fish oil (feed purpose) as well as focusing on the outlook of supply and demand in international market for 2015 Several IFFO members attended the event including Haid and CP Foods The audiences were especially interested in the quotas of Peru Chile Europe and United States with catches and the production of fishmeal and fish oil

While at the forum IFFO obtained official data on Chinarsquos feed production with feed production by species in 2014 and the situation of China feed production in the first quarter 2015 According to MOArsquos report China feed production was up by 2 with a total tonnage of 197 million MT in 2014 Due to the poor performance of the hog poultry and aquaculture sectors China feed production was down by 4 in the first quarter 2015 with the main decreases in the pig and aqua feed sectors

2014 YoY

Pig feed 8616 24

Poultry for Egg feed 2902 -44

Poultry for Meat feed 5033 17

Aqua feed 1903 21

Ruminant feed 876 102

other 397 378

Total 197 20

2014 China Feed

Outputs by Species

(million mt)

IFFO wins the Effective Voice Award

In early May the Associations Network held their International and European Associations Congress in Lausanne Switzerland The Associations Network includes over 17000 members who represent specialisations professions and industry

bodies IFFO attends this event as an opportunity to learn how other associations from a wide range of backgrounds approach and solve problems It is a unique opportunity to compare ourselves with organisations as diverse as medical professions construction financialinsurance and engineering associations

The program is a combination of plenary sessions and a number of parallel streams on subjects including event management membership recruitment and retention growth and governance Several destination cities and other service providers exhibit around the congress allowing delegates to shop for new products and event venues

As well as a number of thought-provoking presentations and panel discussions the Congress also includes a number of

annual awards This year IFFO were delighted to be recognised with the Effective Voice award for our work in lobbying the UN Committee on Food Security in 2014 IFFOrsquos input helped change the committeersquos position away from originally recommending the reduction or elimination of fishmeal from feed for farmed fish a policy which would have severely damaged the fishmeal industry and had an adverse impact on the aquaculture sector Mr Mallison was also runner up for the Chief Executive of the Year awards When presenting IFFOrsquos Mr Mallison with the award the judges said that the work was an example of ldquoa campaign that showed that hard work and focus leads to successrdquo

Upon winning the award Mr Mallison said that ldquoone of the key roles of IFFO is to represent our members when new policies or regulations are being drafted Our campaign last year with the UN Committee on Food Security was an example of how we prevent bad and uninformed policy being introduced I would like to thank the judges for recognising our efforts against nominations from such a wide range of other professions and industriesrdquo Mr Mallison was also interviewed by the Associations Network the full interview can be found here - httpwwwassociationsnetworkorgArticleId=a0I3000000Vb4daEAB

3

IFFO NEWS UPDATE

IFFO weaned piglet trial shows that High Quality Fishmeal is the best protein source

Results from IFFOrsquos latest report on a weaned piglet trial show that high quality or super fishmeal outperformed the other feeds tested The research was carried out by the China Agricultural University in order to compare the effect of a number of different dietary protein sources on the performance of young piglets Apart from high quality fishmeal the other feeds used

in the trail were average quality fishmeal soybean meal and linseed meal as well as fermented products from these two plant meals The trial of these 6 protein sources involved 6 replicates each with 8 piglets and lasted from the 26th day after birth to 53rd day

Young piglets are extremely sensitive to the different sources of protein in their diets while their digestive system is still developing post-weaning There can be a significant difference in the palatability and amino acid digestibility in piglets diets depending on the protein source and the processing undertaken Anti-nutritional compounds are found in many vegetable proteins and attempts are being made to reduce these to improve piglet performance A widely used technique now being used by some in China is to partially ferment the vegetable meal to reduce the anti-nutritional compounds and increase protein digestibility

Poor protein sources can cause greater stress to young piglets and result in poorer growth performance which once lost can never be recovered The trial results shown in the graph below demonstrate that fishmeal (added at only 5) gave superior growth and lower feed conversion ratios than the vegetable protein sources although the fermentation process did seem to improve the perfor-mance of the plant proteins The research also showed that

IFFO amp Saving Seafood launch video featuring Andrew Jackson

In a new video produced by Saving Seafood a leading public information resource for the commercial fishing industry seafood industry leaders discuss a key development in the dialogue within the industry from this springrsquos SeaWeb Seafood Summit held in New Orleans Fishermen world-renowned fisheries experts leaders in environmental conservation and interested stakeholders convened for discussions on seafood sustainability and demonstrated a cooperative spirit that is encouraging for the future of sustainable seafood The video prominently features Dr Andrew Jackson of IFFO The Marine Ingredients Organisation an international not for profit organization that represents and promotes the fishmeal fish oil and marine ingredients industry worldwide Dr Jackson identifies and overviews this trend in Saving Seafoodrsquos video reportage of the conference Saving Seafood spoke with both award-winning industry leader Dr Jackson and famed explorer and oceanographer Fabien Cousteau

Dr Andrew Jackson is the Technical Director for IFFO and the winner of the 2015 Seafood Champion Award for Leadership at this yearrsquos SeaWeb Summit He was awarded the honour in part thanks to ldquoworking with stakeholders toward creating a uniform standard and encouraging responsible production of fishmeal and fish oilrdquo

In the video Dr Jackson discusses a heartening change in attitudes at the Summit toward mutually productive and long-lasting relations joining the fishing industry and marine conservation communities As he states in the video the dialogue at sustainability conferences has improved over the course of several years According to Dr Jackson ldquoInstead of standing at either side of the room and throwing things at each other we started a dialoguerdquo he said ldquoItrsquos better to sit down and talk rather than exchanging insultsrdquo

IFFO supports and applauds SeaWebrsquos work in driving an ongoing dialogue on vital issues in the fishing industry drawing together representatives from all sides including industry academia and environmental interest groups to find a common approach

In recent years the industry has made great strides to improve its responsible practices by encouraging the introduction of more precautionary practices in the management of fisheries IFFO leads this important development with the introduction of IFFO RS Global Supply Standard The industry continues to develop these advancements as the current standard only covers 42 of the fishmeal and fish oil global production According to Dr Jackson IFFO is now working on encouraging the remaining 58 of producers to demonstrate the same responsible behaviour Achieving this standard requires a coordinated approach from all sides of the industry and the SeaWeb Summit is an important forum for this discussion

Watch the video here

Press coverage

FIS

The Fish Site

4

IFFO NEWS UPDATE

the super fishmeal gave a better performance than the average quality fishmeal producing the heaviest and healthiest pigs on the lowest feed conversion ratio Finally piglets on super fishmeal also had a good balance of intestinal microflora which will have contributed to their heavy weights and good health making them ideal for on-growing

To produce this report IFFO worked closely with the College of Animal Science and Technology China Agricultural University namely Qiugang Ma Guoqing Liu Yongjun Jian and Cheng Ji IFFO would like to thank all those involved IFFOrsquos China Director noted that lsquoresearch

like this has continued to demonstrate the vital importance of fishmeal in feed and we hope to carry out further studies in the future to determine the optimum nutritional feedrsquo

The full report is available here - httpwwwiffonetanimal-feeding

Press coverage

Intrafish

Undercurrent News

Seafood Source

FIScom

5

IFFO NEWS UPDATE

IFFO China has learned from a news interview with the National Renderers Association of US (NRA) that AQSIQ has recently lifted the ban on US poultry meal and feather meal although this decision has yet to be confirmed on the AQSIQ website

This decision was apparently made after the National Renderers Association of US (NRA) argued that quality poultry meal (pet food grade) is ideal replacement for super

fine imported fishmeal in aqua feed following the short supplies and higher prices in the past months Competition in Chinarsquos feed sector is expected to increase following this move

According to NRA 37 of poultry body does not enter human food chain in the US and annual output of poultry meal is 122 million ton while that of feather meal is 620000 tons From 2009 to 2014 US poultry meal export volumes to China grew from 4500 tons to 70000 tons

AQSIQ lifted the ban on US poultry meal and feather meal

INDUSTRY NEWS

There has been an eighteen-fold increase in north-east Atlantic commercial stocks now fished at sustainable levels compared to 12 years ago new scientific data has revealed The EU figures show that 36 stocks are now fished at maxi-mum sustainable yield (MSY) levels ndash a key indicator of the sustainabil-

ity of a particular fishery This is compared to 27 fisheries at MSY in 2014 and just two in 2003

Fishing mortality ndash the proportion of fish removed from the stock due to fishing activities ndash is decreasing while the proportion of fish stocks being caught at sustainable levels is increasing Many of Europersquos most popular commercial fish species including herring common sole cod and horse mackerel are now caught at sustainable levels in several areas European fishermen have employed numerous measures to achieve greater sustainability in the sector over the past 10 years

There has been widespread cooperation between fisher-men and scientists in an effort to both track stock trends and enhance fishing practices In addition fishermen have committed to using more selective fishing methods and equipment including introducing nets with a larger mesh size allowing juveniles to escape and sophisticated tracking technology to ensure only the desired fish are caught

Javier Garat president of Europecircche the trade body that represents 80000 fishermen and 45000 vessels across Europe said lsquoThese figures are testament to the hard work of fishermen across Europe who have shown real determi-nation to fish in a more responsible and sustainable man-ner lsquoTo consistently improve the number of fisheries at maximum sustainable yield is an enormous success lsquoWhile environmental sustainability is a key priority for us it doesnrsquot necessarily have to come at the detriment of the two other sustainability pillars ndash the continuing economic and social wellbeing of the industryrsquo

The UK is represented within Europeche by two organisa-tions the National Federation of Fishermenrsquos Organisations (NFFO) and the Scottish Fishermenrsquos Federation (SFF) The UK contributes 11277 fishermen and 6415 vessels to the EU fleet and catches just under 600000 tonnes of fish a year around 12 of the combined EU total Barrie Deas of the NFFO said lsquoThis latest data shows exactly how these three key aims of sustainability can be achieved hand-in-hand and the fact that the efforts of our fishermen have had such a positive effect in a relatively short space of time proves how their commitment is paying offrsquo With the reform of the Common Fisheries Policy in 2014 these figures are expected to increase further in particular with the new landing obligations and multiannual management plans Source FishUpdatecom

European stocks 18 times more sustainable

6

UPDATE

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

EWOS says it has lots of lsquoirons in the firersquo to recycle and upcycle nutrients to improve the environmental profile of farmed fish feed Ted Andreas Mollan supplier develop-ment manager at salmonid feed group EWOS said ldquoWe are investing NOK100 million ($13 million) a year in RampD to improve feed composition and make salmon feed more sustainablerdquo He said EWOS is involved in projects throughout the whole value chain of salmon feed production to improve efficiency economy and sustainability and that it encourages suppliers to comply with responsible production principles such as ProTerra on soy along with the IFFO RS and MSC on marine raw materials

The company expects two to three times more growth in salmonid feed demand in the next three years and perhaps more if Norwegian farmers can leverage productivity potential It forecasts the global salmonid feed market to exceed four million tons in 2016 ldquoSalmon filets have a unique standing in the market and volume will continue to grow as more people increase buying powerrdquo said Mollan

But a key aspect of the sustainability of salmon aquaculture industry is the supply of fishmeal and fish oil both of which are finite resources EWOS said Mollan has been

collaborating with the Global Salmon Initiative (GSI) which includes the UNs Food and Agriculture Organization (FAO) and other salmon industry partners to research and develop new projects to support the sustainable management of fish oil and fishmeal and to review the potential of alternative resources

New raw materials

Inclusion of fish oil in EWOS salmonid feed was on average 24 of the formulation in 2005 and reduced to just 11 by 2012 with the balance coming from plant oil alternatives in Europe and some poultry oil in Chile and Canada

ldquoThe process of developing sustainable feed formulations is a continuous process for us We have managed to improve availability of viable vegetable raw materials to further replace marine raw materials but there is still huge potential for improvement However there is not an absolute goal of removing marine proteins from dietsrdquo said Mollan

Indeed the feed company had said previously that large scale commercialization of genetically modified plants and algae as the major alternative Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) sources is likely to take several years meaning that fish oil will remain a crucial and

INDUSTRY NEWS

The Report AquaFeed Market - Global Trends amp Forecasts to 2019 The global aquafeed market is projected to be valued at 894790 MT by 2019 and $1239903 million by 2019 at CAGRs of 107 and 123 respectively from 2014 to 2019

The aquafeed market has grown exponentially in the last decade and this growth is expected to continue Factors such as increasing consumption of seafood and growth in the aquaculture industry are propelling the market for the aquafeed industry globally The expanding middle class population especially in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term Asia-Pacific contributes to around 90 of the global aquaculture production The main producers are China India Vietnam Philippines and Japan China is the largest market for fish in Asia-Pacific region which is driving the demand for aquafeed particularly in this region

Scientific evidence may help the aquafeed sector gain considerable market share in the future This would be possible by increasing the investments in RampD and cost

management coupled with information flow for the nutrient requirements of fish

The report defines and segments the aquafeed market with an analysis and forecasting of the global values for the market It also identifies the driving and restraining factors with an analysis of trends opportunities burning issues winning imperatives and challenges The market is segmented and the value is forecasted on the basis of major regions namely North America Europe Asia-Pacific and Rest of the World (RoW) The aquafeed market includes feed for fish crustaceans mollusks and others There has been a growing trend within most developing countries and many developed countries (such as Japan) towards the increased use of artificially compounded feeds (aquafeeds) for farmed finfish and crustaceans

Source Whatechcom

Aquafeed market expected to hit $1239903 million by 2019

7

UPDATE

strategically important resource for the producer for the foreseeable future Nevertheless it continues to work on ways to decrease the inclusion of fishmeal and fish oil in salmon feed

CO2BIO project

Ongoing research collaboration in the area of developing substitutes to marine EPA and DHA sources include the companyrsquos partnership in the CO2BIO project a network of stakeholders from industry and academia that aims to use

cleaned carbon dioxide emissions from the Mongstad oil refinery in Norway to produce algae for fish feed

The Norwegian Parliament awarded the project $1 million in funding for a pilot plant that would use CO2

captured at the CO2 Technology Centre Mongstad (TCM) Construction of the 300 square metre algae production test facility was scheduled for completion in early 2015 but Svein Nordvik who manages the project told this publication the build has been delayed until August this year ldquoWe will have the opening ceremony at the beginning of 2016 and will then start the RampD work based on algae and CO2 from TCMrdquo he said Together with Hordafocircr in Norway EWOS is also increasing the inclusion levels of marine trimmings and by-products in its feed which it said are nutritious raw materials for salmon feed that otherwise goes to waste Its use of such products rose to 31 in 2013 from 24 in 2012

Animal by-products

For many years the salmon feed maker has used animal by-products (ABPs) like blood meal and poultry meal in feeds produced in both Chile and Canada There has not wide use of ABPs in salmon feed in Europe in recent years in

compliance with regulations and market requirements But EWOS believes this could change in the near future

Its Spotlight publication from 2013 notes ldquoAnimal by-products are a safe source of cost effective high protein nutritious raw materials that can be sourced locally in all regions The inclusion of ABPs in feed formulations increases the scope for nutritionists to further expand the raw material basket and reduce dependence on marine resources Blood and poultry meals of the right quality are extremely good protein sources and EWOS encourages the use of these raw materials on sustainability and economic grounds in all regionsrdquo

Tunicates and insects

Mollan said EWOS is also involved in a research project around tunicates which is evaluating their use in animal and salmon feed Tunicates which feed on algae and microorganisms are found in all the worldrsquos oceans When their water content is removed they consist of 55 protein and they are also the only animals that produce cellulose It is expected they could have potential in the long term for both feed and biofuel And he said the salmon feed company is collaborating in the Research Council of Norway funded AquaFly project The partners involved will spend the next four years investigating the potential of using insects in fish feed When asked how the feed group can help contribute to more environmentally friendly salmon farming production in terms of waste Mollan said ldquoThe waste output from salmon farming is dependent on several factors like environment fish health farm management and also feed quality By developing more efficient feed solutions with highly digestible nutrient content and improved feed conversion rate the waste output is reducedrdquo

Source FeedNavigatorcom

China pushes insurance coverage for high-risk seafood sectors

Two of Chinarsquos key seafood-producing regions have made another effort at extending insurance to the highly fragmented aquaculture sector The coastal city of Yantai has launched what itrsquos terming the first mariculture weather index insurance policies mdash part of a new effort to get 90 of local farmed seafood stocks insured by 2020

Home to more than 70 of the countryrsquos cultured shellfish output Yantai has convinced the local office of Tai Ping Insurance Co a state-owned giant to write policies designed to trigger payments to producers when weather conditions exceed certain heat levels Over 90 years of local weather data for the Yantai area were assessed in the design of the policies according to a spokesman for Tai

Ping Zhang Hewei ldquoWhen the temperature rises to 32 [degrees Celsius] the average mortality rate for sea cucumbers is 10 with that figure and we use this data to calculate our premiumsrdquo

Yantai authorities are particularly keen to allow producers to quickly reboot production after weather mishaps explains Sun Lidong an official at the Yantai office of the Ocean amp Fisheries Bureau a government agency Government will cover up to 40 of the cost of premiums depending on the entity covered according to Sun The local and national governments have long identified extending insurance to its fisheries and aquaculture sector as one of the keys to improving productivity and efficiency

INDUSTRY NEWS

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

IFFO wins the Effective Voice Award

In early May the Associations Network held their International and European Associations Congress in Lausanne Switzerland The Associations Network includes over 17000 members who represent specialisations professions and industry

bodies IFFO attends this event as an opportunity to learn how other associations from a wide range of backgrounds approach and solve problems It is a unique opportunity to compare ourselves with organisations as diverse as medical professions construction financialinsurance and engineering associations

The program is a combination of plenary sessions and a number of parallel streams on subjects including event management membership recruitment and retention growth and governance Several destination cities and other service providers exhibit around the congress allowing delegates to shop for new products and event venues

As well as a number of thought-provoking presentations and panel discussions the Congress also includes a number of

annual awards This year IFFO were delighted to be recognised with the Effective Voice award for our work in lobbying the UN Committee on Food Security in 2014 IFFOrsquos input helped change the committeersquos position away from originally recommending the reduction or elimination of fishmeal from feed for farmed fish a policy which would have severely damaged the fishmeal industry and had an adverse impact on the aquaculture sector Mr Mallison was also runner up for the Chief Executive of the Year awards When presenting IFFOrsquos Mr Mallison with the award the judges said that the work was an example of ldquoa campaign that showed that hard work and focus leads to successrdquo

Upon winning the award Mr Mallison said that ldquoone of the key roles of IFFO is to represent our members when new policies or regulations are being drafted Our campaign last year with the UN Committee on Food Security was an example of how we prevent bad and uninformed policy being introduced I would like to thank the judges for recognising our efforts against nominations from such a wide range of other professions and industriesrdquo Mr Mallison was also interviewed by the Associations Network the full interview can be found here - httpwwwassociationsnetworkorgArticleId=a0I3000000Vb4daEAB

3

IFFO NEWS UPDATE

IFFO weaned piglet trial shows that High Quality Fishmeal is the best protein source

Results from IFFOrsquos latest report on a weaned piglet trial show that high quality or super fishmeal outperformed the other feeds tested The research was carried out by the China Agricultural University in order to compare the effect of a number of different dietary protein sources on the performance of young piglets Apart from high quality fishmeal the other feeds used

in the trail were average quality fishmeal soybean meal and linseed meal as well as fermented products from these two plant meals The trial of these 6 protein sources involved 6 replicates each with 8 piglets and lasted from the 26th day after birth to 53rd day

Young piglets are extremely sensitive to the different sources of protein in their diets while their digestive system is still developing post-weaning There can be a significant difference in the palatability and amino acid digestibility in piglets diets depending on the protein source and the processing undertaken Anti-nutritional compounds are found in many vegetable proteins and attempts are being made to reduce these to improve piglet performance A widely used technique now being used by some in China is to partially ferment the vegetable meal to reduce the anti-nutritional compounds and increase protein digestibility

Poor protein sources can cause greater stress to young piglets and result in poorer growth performance which once lost can never be recovered The trial results shown in the graph below demonstrate that fishmeal (added at only 5) gave superior growth and lower feed conversion ratios than the vegetable protein sources although the fermentation process did seem to improve the perfor-mance of the plant proteins The research also showed that

IFFO amp Saving Seafood launch video featuring Andrew Jackson

In a new video produced by Saving Seafood a leading public information resource for the commercial fishing industry seafood industry leaders discuss a key development in the dialogue within the industry from this springrsquos SeaWeb Seafood Summit held in New Orleans Fishermen world-renowned fisheries experts leaders in environmental conservation and interested stakeholders convened for discussions on seafood sustainability and demonstrated a cooperative spirit that is encouraging for the future of sustainable seafood The video prominently features Dr Andrew Jackson of IFFO The Marine Ingredients Organisation an international not for profit organization that represents and promotes the fishmeal fish oil and marine ingredients industry worldwide Dr Jackson identifies and overviews this trend in Saving Seafoodrsquos video reportage of the conference Saving Seafood spoke with both award-winning industry leader Dr Jackson and famed explorer and oceanographer Fabien Cousteau

Dr Andrew Jackson is the Technical Director for IFFO and the winner of the 2015 Seafood Champion Award for Leadership at this yearrsquos SeaWeb Summit He was awarded the honour in part thanks to ldquoworking with stakeholders toward creating a uniform standard and encouraging responsible production of fishmeal and fish oilrdquo

In the video Dr Jackson discusses a heartening change in attitudes at the Summit toward mutually productive and long-lasting relations joining the fishing industry and marine conservation communities As he states in the video the dialogue at sustainability conferences has improved over the course of several years According to Dr Jackson ldquoInstead of standing at either side of the room and throwing things at each other we started a dialoguerdquo he said ldquoItrsquos better to sit down and talk rather than exchanging insultsrdquo

IFFO supports and applauds SeaWebrsquos work in driving an ongoing dialogue on vital issues in the fishing industry drawing together representatives from all sides including industry academia and environmental interest groups to find a common approach

In recent years the industry has made great strides to improve its responsible practices by encouraging the introduction of more precautionary practices in the management of fisheries IFFO leads this important development with the introduction of IFFO RS Global Supply Standard The industry continues to develop these advancements as the current standard only covers 42 of the fishmeal and fish oil global production According to Dr Jackson IFFO is now working on encouraging the remaining 58 of producers to demonstrate the same responsible behaviour Achieving this standard requires a coordinated approach from all sides of the industry and the SeaWeb Summit is an important forum for this discussion

Watch the video here

Press coverage

FIS

The Fish Site

4

IFFO NEWS UPDATE

the super fishmeal gave a better performance than the average quality fishmeal producing the heaviest and healthiest pigs on the lowest feed conversion ratio Finally piglets on super fishmeal also had a good balance of intestinal microflora which will have contributed to their heavy weights and good health making them ideal for on-growing

To produce this report IFFO worked closely with the College of Animal Science and Technology China Agricultural University namely Qiugang Ma Guoqing Liu Yongjun Jian and Cheng Ji IFFO would like to thank all those involved IFFOrsquos China Director noted that lsquoresearch

like this has continued to demonstrate the vital importance of fishmeal in feed and we hope to carry out further studies in the future to determine the optimum nutritional feedrsquo

The full report is available here - httpwwwiffonetanimal-feeding

Press coverage

Intrafish

Undercurrent News

Seafood Source

FIScom

5

IFFO NEWS UPDATE

IFFO China has learned from a news interview with the National Renderers Association of US (NRA) that AQSIQ has recently lifted the ban on US poultry meal and feather meal although this decision has yet to be confirmed on the AQSIQ website

This decision was apparently made after the National Renderers Association of US (NRA) argued that quality poultry meal (pet food grade) is ideal replacement for super

fine imported fishmeal in aqua feed following the short supplies and higher prices in the past months Competition in Chinarsquos feed sector is expected to increase following this move

According to NRA 37 of poultry body does not enter human food chain in the US and annual output of poultry meal is 122 million ton while that of feather meal is 620000 tons From 2009 to 2014 US poultry meal export volumes to China grew from 4500 tons to 70000 tons

AQSIQ lifted the ban on US poultry meal and feather meal

INDUSTRY NEWS

There has been an eighteen-fold increase in north-east Atlantic commercial stocks now fished at sustainable levels compared to 12 years ago new scientific data has revealed The EU figures show that 36 stocks are now fished at maxi-mum sustainable yield (MSY) levels ndash a key indicator of the sustainabil-

ity of a particular fishery This is compared to 27 fisheries at MSY in 2014 and just two in 2003

Fishing mortality ndash the proportion of fish removed from the stock due to fishing activities ndash is decreasing while the proportion of fish stocks being caught at sustainable levels is increasing Many of Europersquos most popular commercial fish species including herring common sole cod and horse mackerel are now caught at sustainable levels in several areas European fishermen have employed numerous measures to achieve greater sustainability in the sector over the past 10 years

There has been widespread cooperation between fisher-men and scientists in an effort to both track stock trends and enhance fishing practices In addition fishermen have committed to using more selective fishing methods and equipment including introducing nets with a larger mesh size allowing juveniles to escape and sophisticated tracking technology to ensure only the desired fish are caught

Javier Garat president of Europecircche the trade body that represents 80000 fishermen and 45000 vessels across Europe said lsquoThese figures are testament to the hard work of fishermen across Europe who have shown real determi-nation to fish in a more responsible and sustainable man-ner lsquoTo consistently improve the number of fisheries at maximum sustainable yield is an enormous success lsquoWhile environmental sustainability is a key priority for us it doesnrsquot necessarily have to come at the detriment of the two other sustainability pillars ndash the continuing economic and social wellbeing of the industryrsquo

The UK is represented within Europeche by two organisa-tions the National Federation of Fishermenrsquos Organisations (NFFO) and the Scottish Fishermenrsquos Federation (SFF) The UK contributes 11277 fishermen and 6415 vessels to the EU fleet and catches just under 600000 tonnes of fish a year around 12 of the combined EU total Barrie Deas of the NFFO said lsquoThis latest data shows exactly how these three key aims of sustainability can be achieved hand-in-hand and the fact that the efforts of our fishermen have had such a positive effect in a relatively short space of time proves how their commitment is paying offrsquo With the reform of the Common Fisheries Policy in 2014 these figures are expected to increase further in particular with the new landing obligations and multiannual management plans Source FishUpdatecom

European stocks 18 times more sustainable

6

UPDATE

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

EWOS says it has lots of lsquoirons in the firersquo to recycle and upcycle nutrients to improve the environmental profile of farmed fish feed Ted Andreas Mollan supplier develop-ment manager at salmonid feed group EWOS said ldquoWe are investing NOK100 million ($13 million) a year in RampD to improve feed composition and make salmon feed more sustainablerdquo He said EWOS is involved in projects throughout the whole value chain of salmon feed production to improve efficiency economy and sustainability and that it encourages suppliers to comply with responsible production principles such as ProTerra on soy along with the IFFO RS and MSC on marine raw materials

The company expects two to three times more growth in salmonid feed demand in the next three years and perhaps more if Norwegian farmers can leverage productivity potential It forecasts the global salmonid feed market to exceed four million tons in 2016 ldquoSalmon filets have a unique standing in the market and volume will continue to grow as more people increase buying powerrdquo said Mollan

But a key aspect of the sustainability of salmon aquaculture industry is the supply of fishmeal and fish oil both of which are finite resources EWOS said Mollan has been

collaborating with the Global Salmon Initiative (GSI) which includes the UNs Food and Agriculture Organization (FAO) and other salmon industry partners to research and develop new projects to support the sustainable management of fish oil and fishmeal and to review the potential of alternative resources

New raw materials

Inclusion of fish oil in EWOS salmonid feed was on average 24 of the formulation in 2005 and reduced to just 11 by 2012 with the balance coming from plant oil alternatives in Europe and some poultry oil in Chile and Canada

ldquoThe process of developing sustainable feed formulations is a continuous process for us We have managed to improve availability of viable vegetable raw materials to further replace marine raw materials but there is still huge potential for improvement However there is not an absolute goal of removing marine proteins from dietsrdquo said Mollan

Indeed the feed company had said previously that large scale commercialization of genetically modified plants and algae as the major alternative Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) sources is likely to take several years meaning that fish oil will remain a crucial and

INDUSTRY NEWS

The Report AquaFeed Market - Global Trends amp Forecasts to 2019 The global aquafeed market is projected to be valued at 894790 MT by 2019 and $1239903 million by 2019 at CAGRs of 107 and 123 respectively from 2014 to 2019

The aquafeed market has grown exponentially in the last decade and this growth is expected to continue Factors such as increasing consumption of seafood and growth in the aquaculture industry are propelling the market for the aquafeed industry globally The expanding middle class population especially in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term Asia-Pacific contributes to around 90 of the global aquaculture production The main producers are China India Vietnam Philippines and Japan China is the largest market for fish in Asia-Pacific region which is driving the demand for aquafeed particularly in this region

Scientific evidence may help the aquafeed sector gain considerable market share in the future This would be possible by increasing the investments in RampD and cost

management coupled with information flow for the nutrient requirements of fish

The report defines and segments the aquafeed market with an analysis and forecasting of the global values for the market It also identifies the driving and restraining factors with an analysis of trends opportunities burning issues winning imperatives and challenges The market is segmented and the value is forecasted on the basis of major regions namely North America Europe Asia-Pacific and Rest of the World (RoW) The aquafeed market includes feed for fish crustaceans mollusks and others There has been a growing trend within most developing countries and many developed countries (such as Japan) towards the increased use of artificially compounded feeds (aquafeeds) for farmed finfish and crustaceans

Source Whatechcom

Aquafeed market expected to hit $1239903 million by 2019

7

UPDATE

strategically important resource for the producer for the foreseeable future Nevertheless it continues to work on ways to decrease the inclusion of fishmeal and fish oil in salmon feed

CO2BIO project

Ongoing research collaboration in the area of developing substitutes to marine EPA and DHA sources include the companyrsquos partnership in the CO2BIO project a network of stakeholders from industry and academia that aims to use

cleaned carbon dioxide emissions from the Mongstad oil refinery in Norway to produce algae for fish feed

The Norwegian Parliament awarded the project $1 million in funding for a pilot plant that would use CO2

captured at the CO2 Technology Centre Mongstad (TCM) Construction of the 300 square metre algae production test facility was scheduled for completion in early 2015 but Svein Nordvik who manages the project told this publication the build has been delayed until August this year ldquoWe will have the opening ceremony at the beginning of 2016 and will then start the RampD work based on algae and CO2 from TCMrdquo he said Together with Hordafocircr in Norway EWOS is also increasing the inclusion levels of marine trimmings and by-products in its feed which it said are nutritious raw materials for salmon feed that otherwise goes to waste Its use of such products rose to 31 in 2013 from 24 in 2012

Animal by-products

For many years the salmon feed maker has used animal by-products (ABPs) like blood meal and poultry meal in feeds produced in both Chile and Canada There has not wide use of ABPs in salmon feed in Europe in recent years in

compliance with regulations and market requirements But EWOS believes this could change in the near future

Its Spotlight publication from 2013 notes ldquoAnimal by-products are a safe source of cost effective high protein nutritious raw materials that can be sourced locally in all regions The inclusion of ABPs in feed formulations increases the scope for nutritionists to further expand the raw material basket and reduce dependence on marine resources Blood and poultry meals of the right quality are extremely good protein sources and EWOS encourages the use of these raw materials on sustainability and economic grounds in all regionsrdquo

Tunicates and insects

Mollan said EWOS is also involved in a research project around tunicates which is evaluating their use in animal and salmon feed Tunicates which feed on algae and microorganisms are found in all the worldrsquos oceans When their water content is removed they consist of 55 protein and they are also the only animals that produce cellulose It is expected they could have potential in the long term for both feed and biofuel And he said the salmon feed company is collaborating in the Research Council of Norway funded AquaFly project The partners involved will spend the next four years investigating the potential of using insects in fish feed When asked how the feed group can help contribute to more environmentally friendly salmon farming production in terms of waste Mollan said ldquoThe waste output from salmon farming is dependent on several factors like environment fish health farm management and also feed quality By developing more efficient feed solutions with highly digestible nutrient content and improved feed conversion rate the waste output is reducedrdquo

Source FeedNavigatorcom

China pushes insurance coverage for high-risk seafood sectors

Two of Chinarsquos key seafood-producing regions have made another effort at extending insurance to the highly fragmented aquaculture sector The coastal city of Yantai has launched what itrsquos terming the first mariculture weather index insurance policies mdash part of a new effort to get 90 of local farmed seafood stocks insured by 2020

Home to more than 70 of the countryrsquos cultured shellfish output Yantai has convinced the local office of Tai Ping Insurance Co a state-owned giant to write policies designed to trigger payments to producers when weather conditions exceed certain heat levels Over 90 years of local weather data for the Yantai area were assessed in the design of the policies according to a spokesman for Tai

Ping Zhang Hewei ldquoWhen the temperature rises to 32 [degrees Celsius] the average mortality rate for sea cucumbers is 10 with that figure and we use this data to calculate our premiumsrdquo

Yantai authorities are particularly keen to allow producers to quickly reboot production after weather mishaps explains Sun Lidong an official at the Yantai office of the Ocean amp Fisheries Bureau a government agency Government will cover up to 40 of the cost of premiums depending on the entity covered according to Sun The local and national governments have long identified extending insurance to its fisheries and aquaculture sector as one of the keys to improving productivity and efficiency

INDUSTRY NEWS

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

IFFO amp Saving Seafood launch video featuring Andrew Jackson

In a new video produced by Saving Seafood a leading public information resource for the commercial fishing industry seafood industry leaders discuss a key development in the dialogue within the industry from this springrsquos SeaWeb Seafood Summit held in New Orleans Fishermen world-renowned fisheries experts leaders in environmental conservation and interested stakeholders convened for discussions on seafood sustainability and demonstrated a cooperative spirit that is encouraging for the future of sustainable seafood The video prominently features Dr Andrew Jackson of IFFO The Marine Ingredients Organisation an international not for profit organization that represents and promotes the fishmeal fish oil and marine ingredients industry worldwide Dr Jackson identifies and overviews this trend in Saving Seafoodrsquos video reportage of the conference Saving Seafood spoke with both award-winning industry leader Dr Jackson and famed explorer and oceanographer Fabien Cousteau

Dr Andrew Jackson is the Technical Director for IFFO and the winner of the 2015 Seafood Champion Award for Leadership at this yearrsquos SeaWeb Summit He was awarded the honour in part thanks to ldquoworking with stakeholders toward creating a uniform standard and encouraging responsible production of fishmeal and fish oilrdquo

In the video Dr Jackson discusses a heartening change in attitudes at the Summit toward mutually productive and long-lasting relations joining the fishing industry and marine conservation communities As he states in the video the dialogue at sustainability conferences has improved over the course of several years According to Dr Jackson ldquoInstead of standing at either side of the room and throwing things at each other we started a dialoguerdquo he said ldquoItrsquos better to sit down and talk rather than exchanging insultsrdquo

IFFO supports and applauds SeaWebrsquos work in driving an ongoing dialogue on vital issues in the fishing industry drawing together representatives from all sides including industry academia and environmental interest groups to find a common approach

In recent years the industry has made great strides to improve its responsible practices by encouraging the introduction of more precautionary practices in the management of fisheries IFFO leads this important development with the introduction of IFFO RS Global Supply Standard The industry continues to develop these advancements as the current standard only covers 42 of the fishmeal and fish oil global production According to Dr Jackson IFFO is now working on encouraging the remaining 58 of producers to demonstrate the same responsible behaviour Achieving this standard requires a coordinated approach from all sides of the industry and the SeaWeb Summit is an important forum for this discussion

Watch the video here

Press coverage

FIS

The Fish Site

4

IFFO NEWS UPDATE

the super fishmeal gave a better performance than the average quality fishmeal producing the heaviest and healthiest pigs on the lowest feed conversion ratio Finally piglets on super fishmeal also had a good balance of intestinal microflora which will have contributed to their heavy weights and good health making them ideal for on-growing

To produce this report IFFO worked closely with the College of Animal Science and Technology China Agricultural University namely Qiugang Ma Guoqing Liu Yongjun Jian and Cheng Ji IFFO would like to thank all those involved IFFOrsquos China Director noted that lsquoresearch

like this has continued to demonstrate the vital importance of fishmeal in feed and we hope to carry out further studies in the future to determine the optimum nutritional feedrsquo

The full report is available here - httpwwwiffonetanimal-feeding

Press coverage

Intrafish

Undercurrent News

Seafood Source

FIScom

5

IFFO NEWS UPDATE

IFFO China has learned from a news interview with the National Renderers Association of US (NRA) that AQSIQ has recently lifted the ban on US poultry meal and feather meal although this decision has yet to be confirmed on the AQSIQ website

This decision was apparently made after the National Renderers Association of US (NRA) argued that quality poultry meal (pet food grade) is ideal replacement for super

fine imported fishmeal in aqua feed following the short supplies and higher prices in the past months Competition in Chinarsquos feed sector is expected to increase following this move

According to NRA 37 of poultry body does not enter human food chain in the US and annual output of poultry meal is 122 million ton while that of feather meal is 620000 tons From 2009 to 2014 US poultry meal export volumes to China grew from 4500 tons to 70000 tons

AQSIQ lifted the ban on US poultry meal and feather meal

INDUSTRY NEWS

There has been an eighteen-fold increase in north-east Atlantic commercial stocks now fished at sustainable levels compared to 12 years ago new scientific data has revealed The EU figures show that 36 stocks are now fished at maxi-mum sustainable yield (MSY) levels ndash a key indicator of the sustainabil-

ity of a particular fishery This is compared to 27 fisheries at MSY in 2014 and just two in 2003

Fishing mortality ndash the proportion of fish removed from the stock due to fishing activities ndash is decreasing while the proportion of fish stocks being caught at sustainable levels is increasing Many of Europersquos most popular commercial fish species including herring common sole cod and horse mackerel are now caught at sustainable levels in several areas European fishermen have employed numerous measures to achieve greater sustainability in the sector over the past 10 years

There has been widespread cooperation between fisher-men and scientists in an effort to both track stock trends and enhance fishing practices In addition fishermen have committed to using more selective fishing methods and equipment including introducing nets with a larger mesh size allowing juveniles to escape and sophisticated tracking technology to ensure only the desired fish are caught

Javier Garat president of Europecircche the trade body that represents 80000 fishermen and 45000 vessels across Europe said lsquoThese figures are testament to the hard work of fishermen across Europe who have shown real determi-nation to fish in a more responsible and sustainable man-ner lsquoTo consistently improve the number of fisheries at maximum sustainable yield is an enormous success lsquoWhile environmental sustainability is a key priority for us it doesnrsquot necessarily have to come at the detriment of the two other sustainability pillars ndash the continuing economic and social wellbeing of the industryrsquo

The UK is represented within Europeche by two organisa-tions the National Federation of Fishermenrsquos Organisations (NFFO) and the Scottish Fishermenrsquos Federation (SFF) The UK contributes 11277 fishermen and 6415 vessels to the EU fleet and catches just under 600000 tonnes of fish a year around 12 of the combined EU total Barrie Deas of the NFFO said lsquoThis latest data shows exactly how these three key aims of sustainability can be achieved hand-in-hand and the fact that the efforts of our fishermen have had such a positive effect in a relatively short space of time proves how their commitment is paying offrsquo With the reform of the Common Fisheries Policy in 2014 these figures are expected to increase further in particular with the new landing obligations and multiannual management plans Source FishUpdatecom

European stocks 18 times more sustainable

6

UPDATE

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

EWOS says it has lots of lsquoirons in the firersquo to recycle and upcycle nutrients to improve the environmental profile of farmed fish feed Ted Andreas Mollan supplier develop-ment manager at salmonid feed group EWOS said ldquoWe are investing NOK100 million ($13 million) a year in RampD to improve feed composition and make salmon feed more sustainablerdquo He said EWOS is involved in projects throughout the whole value chain of salmon feed production to improve efficiency economy and sustainability and that it encourages suppliers to comply with responsible production principles such as ProTerra on soy along with the IFFO RS and MSC on marine raw materials

The company expects two to three times more growth in salmonid feed demand in the next three years and perhaps more if Norwegian farmers can leverage productivity potential It forecasts the global salmonid feed market to exceed four million tons in 2016 ldquoSalmon filets have a unique standing in the market and volume will continue to grow as more people increase buying powerrdquo said Mollan

But a key aspect of the sustainability of salmon aquaculture industry is the supply of fishmeal and fish oil both of which are finite resources EWOS said Mollan has been

collaborating with the Global Salmon Initiative (GSI) which includes the UNs Food and Agriculture Organization (FAO) and other salmon industry partners to research and develop new projects to support the sustainable management of fish oil and fishmeal and to review the potential of alternative resources

New raw materials

Inclusion of fish oil in EWOS salmonid feed was on average 24 of the formulation in 2005 and reduced to just 11 by 2012 with the balance coming from plant oil alternatives in Europe and some poultry oil in Chile and Canada

ldquoThe process of developing sustainable feed formulations is a continuous process for us We have managed to improve availability of viable vegetable raw materials to further replace marine raw materials but there is still huge potential for improvement However there is not an absolute goal of removing marine proteins from dietsrdquo said Mollan

Indeed the feed company had said previously that large scale commercialization of genetically modified plants and algae as the major alternative Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) sources is likely to take several years meaning that fish oil will remain a crucial and

INDUSTRY NEWS

The Report AquaFeed Market - Global Trends amp Forecasts to 2019 The global aquafeed market is projected to be valued at 894790 MT by 2019 and $1239903 million by 2019 at CAGRs of 107 and 123 respectively from 2014 to 2019

The aquafeed market has grown exponentially in the last decade and this growth is expected to continue Factors such as increasing consumption of seafood and growth in the aquaculture industry are propelling the market for the aquafeed industry globally The expanding middle class population especially in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term Asia-Pacific contributes to around 90 of the global aquaculture production The main producers are China India Vietnam Philippines and Japan China is the largest market for fish in Asia-Pacific region which is driving the demand for aquafeed particularly in this region

Scientific evidence may help the aquafeed sector gain considerable market share in the future This would be possible by increasing the investments in RampD and cost

management coupled with information flow for the nutrient requirements of fish

The report defines and segments the aquafeed market with an analysis and forecasting of the global values for the market It also identifies the driving and restraining factors with an analysis of trends opportunities burning issues winning imperatives and challenges The market is segmented and the value is forecasted on the basis of major regions namely North America Europe Asia-Pacific and Rest of the World (RoW) The aquafeed market includes feed for fish crustaceans mollusks and others There has been a growing trend within most developing countries and many developed countries (such as Japan) towards the increased use of artificially compounded feeds (aquafeeds) for farmed finfish and crustaceans

Source Whatechcom

Aquafeed market expected to hit $1239903 million by 2019

7

UPDATE

strategically important resource for the producer for the foreseeable future Nevertheless it continues to work on ways to decrease the inclusion of fishmeal and fish oil in salmon feed

CO2BIO project

Ongoing research collaboration in the area of developing substitutes to marine EPA and DHA sources include the companyrsquos partnership in the CO2BIO project a network of stakeholders from industry and academia that aims to use

cleaned carbon dioxide emissions from the Mongstad oil refinery in Norway to produce algae for fish feed

The Norwegian Parliament awarded the project $1 million in funding for a pilot plant that would use CO2

captured at the CO2 Technology Centre Mongstad (TCM) Construction of the 300 square metre algae production test facility was scheduled for completion in early 2015 but Svein Nordvik who manages the project told this publication the build has been delayed until August this year ldquoWe will have the opening ceremony at the beginning of 2016 and will then start the RampD work based on algae and CO2 from TCMrdquo he said Together with Hordafocircr in Norway EWOS is also increasing the inclusion levels of marine trimmings and by-products in its feed which it said are nutritious raw materials for salmon feed that otherwise goes to waste Its use of such products rose to 31 in 2013 from 24 in 2012

Animal by-products

For many years the salmon feed maker has used animal by-products (ABPs) like blood meal and poultry meal in feeds produced in both Chile and Canada There has not wide use of ABPs in salmon feed in Europe in recent years in

compliance with regulations and market requirements But EWOS believes this could change in the near future

Its Spotlight publication from 2013 notes ldquoAnimal by-products are a safe source of cost effective high protein nutritious raw materials that can be sourced locally in all regions The inclusion of ABPs in feed formulations increases the scope for nutritionists to further expand the raw material basket and reduce dependence on marine resources Blood and poultry meals of the right quality are extremely good protein sources and EWOS encourages the use of these raw materials on sustainability and economic grounds in all regionsrdquo

Tunicates and insects

Mollan said EWOS is also involved in a research project around tunicates which is evaluating their use in animal and salmon feed Tunicates which feed on algae and microorganisms are found in all the worldrsquos oceans When their water content is removed they consist of 55 protein and they are also the only animals that produce cellulose It is expected they could have potential in the long term for both feed and biofuel And he said the salmon feed company is collaborating in the Research Council of Norway funded AquaFly project The partners involved will spend the next four years investigating the potential of using insects in fish feed When asked how the feed group can help contribute to more environmentally friendly salmon farming production in terms of waste Mollan said ldquoThe waste output from salmon farming is dependent on several factors like environment fish health farm management and also feed quality By developing more efficient feed solutions with highly digestible nutrient content and improved feed conversion rate the waste output is reducedrdquo

Source FeedNavigatorcom

China pushes insurance coverage for high-risk seafood sectors

Two of Chinarsquos key seafood-producing regions have made another effort at extending insurance to the highly fragmented aquaculture sector The coastal city of Yantai has launched what itrsquos terming the first mariculture weather index insurance policies mdash part of a new effort to get 90 of local farmed seafood stocks insured by 2020

Home to more than 70 of the countryrsquos cultured shellfish output Yantai has convinced the local office of Tai Ping Insurance Co a state-owned giant to write policies designed to trigger payments to producers when weather conditions exceed certain heat levels Over 90 years of local weather data for the Yantai area were assessed in the design of the policies according to a spokesman for Tai

Ping Zhang Hewei ldquoWhen the temperature rises to 32 [degrees Celsius] the average mortality rate for sea cucumbers is 10 with that figure and we use this data to calculate our premiumsrdquo

Yantai authorities are particularly keen to allow producers to quickly reboot production after weather mishaps explains Sun Lidong an official at the Yantai office of the Ocean amp Fisheries Bureau a government agency Government will cover up to 40 of the cost of premiums depending on the entity covered according to Sun The local and national governments have long identified extending insurance to its fisheries and aquaculture sector as one of the keys to improving productivity and efficiency

INDUSTRY NEWS

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

5

IFFO NEWS UPDATE

IFFO China has learned from a news interview with the National Renderers Association of US (NRA) that AQSIQ has recently lifted the ban on US poultry meal and feather meal although this decision has yet to be confirmed on the AQSIQ website

This decision was apparently made after the National Renderers Association of US (NRA) argued that quality poultry meal (pet food grade) is ideal replacement for super

fine imported fishmeal in aqua feed following the short supplies and higher prices in the past months Competition in Chinarsquos feed sector is expected to increase following this move

According to NRA 37 of poultry body does not enter human food chain in the US and annual output of poultry meal is 122 million ton while that of feather meal is 620000 tons From 2009 to 2014 US poultry meal export volumes to China grew from 4500 tons to 70000 tons

AQSIQ lifted the ban on US poultry meal and feather meal

INDUSTRY NEWS

There has been an eighteen-fold increase in north-east Atlantic commercial stocks now fished at sustainable levels compared to 12 years ago new scientific data has revealed The EU figures show that 36 stocks are now fished at maxi-mum sustainable yield (MSY) levels ndash a key indicator of the sustainabil-

ity of a particular fishery This is compared to 27 fisheries at MSY in 2014 and just two in 2003

Fishing mortality ndash the proportion of fish removed from the stock due to fishing activities ndash is decreasing while the proportion of fish stocks being caught at sustainable levels is increasing Many of Europersquos most popular commercial fish species including herring common sole cod and horse mackerel are now caught at sustainable levels in several areas European fishermen have employed numerous measures to achieve greater sustainability in the sector over the past 10 years

There has been widespread cooperation between fisher-men and scientists in an effort to both track stock trends and enhance fishing practices In addition fishermen have committed to using more selective fishing methods and equipment including introducing nets with a larger mesh size allowing juveniles to escape and sophisticated tracking technology to ensure only the desired fish are caught

Javier Garat president of Europecircche the trade body that represents 80000 fishermen and 45000 vessels across Europe said lsquoThese figures are testament to the hard work of fishermen across Europe who have shown real determi-nation to fish in a more responsible and sustainable man-ner lsquoTo consistently improve the number of fisheries at maximum sustainable yield is an enormous success lsquoWhile environmental sustainability is a key priority for us it doesnrsquot necessarily have to come at the detriment of the two other sustainability pillars ndash the continuing economic and social wellbeing of the industryrsquo

The UK is represented within Europeche by two organisa-tions the National Federation of Fishermenrsquos Organisations (NFFO) and the Scottish Fishermenrsquos Federation (SFF) The UK contributes 11277 fishermen and 6415 vessels to the EU fleet and catches just under 600000 tonnes of fish a year around 12 of the combined EU total Barrie Deas of the NFFO said lsquoThis latest data shows exactly how these three key aims of sustainability can be achieved hand-in-hand and the fact that the efforts of our fishermen have had such a positive effect in a relatively short space of time proves how their commitment is paying offrsquo With the reform of the Common Fisheries Policy in 2014 these figures are expected to increase further in particular with the new landing obligations and multiannual management plans Source FishUpdatecom

European stocks 18 times more sustainable

6

UPDATE

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

EWOS says it has lots of lsquoirons in the firersquo to recycle and upcycle nutrients to improve the environmental profile of farmed fish feed Ted Andreas Mollan supplier develop-ment manager at salmonid feed group EWOS said ldquoWe are investing NOK100 million ($13 million) a year in RampD to improve feed composition and make salmon feed more sustainablerdquo He said EWOS is involved in projects throughout the whole value chain of salmon feed production to improve efficiency economy and sustainability and that it encourages suppliers to comply with responsible production principles such as ProTerra on soy along with the IFFO RS and MSC on marine raw materials

The company expects two to three times more growth in salmonid feed demand in the next three years and perhaps more if Norwegian farmers can leverage productivity potential It forecasts the global salmonid feed market to exceed four million tons in 2016 ldquoSalmon filets have a unique standing in the market and volume will continue to grow as more people increase buying powerrdquo said Mollan

But a key aspect of the sustainability of salmon aquaculture industry is the supply of fishmeal and fish oil both of which are finite resources EWOS said Mollan has been

collaborating with the Global Salmon Initiative (GSI) which includes the UNs Food and Agriculture Organization (FAO) and other salmon industry partners to research and develop new projects to support the sustainable management of fish oil and fishmeal and to review the potential of alternative resources

New raw materials

Inclusion of fish oil in EWOS salmonid feed was on average 24 of the formulation in 2005 and reduced to just 11 by 2012 with the balance coming from plant oil alternatives in Europe and some poultry oil in Chile and Canada

ldquoThe process of developing sustainable feed formulations is a continuous process for us We have managed to improve availability of viable vegetable raw materials to further replace marine raw materials but there is still huge potential for improvement However there is not an absolute goal of removing marine proteins from dietsrdquo said Mollan

Indeed the feed company had said previously that large scale commercialization of genetically modified plants and algae as the major alternative Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) sources is likely to take several years meaning that fish oil will remain a crucial and

INDUSTRY NEWS

The Report AquaFeed Market - Global Trends amp Forecasts to 2019 The global aquafeed market is projected to be valued at 894790 MT by 2019 and $1239903 million by 2019 at CAGRs of 107 and 123 respectively from 2014 to 2019

The aquafeed market has grown exponentially in the last decade and this growth is expected to continue Factors such as increasing consumption of seafood and growth in the aquaculture industry are propelling the market for the aquafeed industry globally The expanding middle class population especially in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term Asia-Pacific contributes to around 90 of the global aquaculture production The main producers are China India Vietnam Philippines and Japan China is the largest market for fish in Asia-Pacific region which is driving the demand for aquafeed particularly in this region

Scientific evidence may help the aquafeed sector gain considerable market share in the future This would be possible by increasing the investments in RampD and cost

management coupled with information flow for the nutrient requirements of fish

The report defines and segments the aquafeed market with an analysis and forecasting of the global values for the market It also identifies the driving and restraining factors with an analysis of trends opportunities burning issues winning imperatives and challenges The market is segmented and the value is forecasted on the basis of major regions namely North America Europe Asia-Pacific and Rest of the World (RoW) The aquafeed market includes feed for fish crustaceans mollusks and others There has been a growing trend within most developing countries and many developed countries (such as Japan) towards the increased use of artificially compounded feeds (aquafeeds) for farmed finfish and crustaceans

Source Whatechcom

Aquafeed market expected to hit $1239903 million by 2019

7

UPDATE

strategically important resource for the producer for the foreseeable future Nevertheless it continues to work on ways to decrease the inclusion of fishmeal and fish oil in salmon feed

CO2BIO project

Ongoing research collaboration in the area of developing substitutes to marine EPA and DHA sources include the companyrsquos partnership in the CO2BIO project a network of stakeholders from industry and academia that aims to use

cleaned carbon dioxide emissions from the Mongstad oil refinery in Norway to produce algae for fish feed

The Norwegian Parliament awarded the project $1 million in funding for a pilot plant that would use CO2

captured at the CO2 Technology Centre Mongstad (TCM) Construction of the 300 square metre algae production test facility was scheduled for completion in early 2015 but Svein Nordvik who manages the project told this publication the build has been delayed until August this year ldquoWe will have the opening ceremony at the beginning of 2016 and will then start the RampD work based on algae and CO2 from TCMrdquo he said Together with Hordafocircr in Norway EWOS is also increasing the inclusion levels of marine trimmings and by-products in its feed which it said are nutritious raw materials for salmon feed that otherwise goes to waste Its use of such products rose to 31 in 2013 from 24 in 2012

Animal by-products

For many years the salmon feed maker has used animal by-products (ABPs) like blood meal and poultry meal in feeds produced in both Chile and Canada There has not wide use of ABPs in salmon feed in Europe in recent years in

compliance with regulations and market requirements But EWOS believes this could change in the near future

Its Spotlight publication from 2013 notes ldquoAnimal by-products are a safe source of cost effective high protein nutritious raw materials that can be sourced locally in all regions The inclusion of ABPs in feed formulations increases the scope for nutritionists to further expand the raw material basket and reduce dependence on marine resources Blood and poultry meals of the right quality are extremely good protein sources and EWOS encourages the use of these raw materials on sustainability and economic grounds in all regionsrdquo

Tunicates and insects

Mollan said EWOS is also involved in a research project around tunicates which is evaluating their use in animal and salmon feed Tunicates which feed on algae and microorganisms are found in all the worldrsquos oceans When their water content is removed they consist of 55 protein and they are also the only animals that produce cellulose It is expected they could have potential in the long term for both feed and biofuel And he said the salmon feed company is collaborating in the Research Council of Norway funded AquaFly project The partners involved will spend the next four years investigating the potential of using insects in fish feed When asked how the feed group can help contribute to more environmentally friendly salmon farming production in terms of waste Mollan said ldquoThe waste output from salmon farming is dependent on several factors like environment fish health farm management and also feed quality By developing more efficient feed solutions with highly digestible nutrient content and improved feed conversion rate the waste output is reducedrdquo

Source FeedNavigatorcom

China pushes insurance coverage for high-risk seafood sectors

Two of Chinarsquos key seafood-producing regions have made another effort at extending insurance to the highly fragmented aquaculture sector The coastal city of Yantai has launched what itrsquos terming the first mariculture weather index insurance policies mdash part of a new effort to get 90 of local farmed seafood stocks insured by 2020

Home to more than 70 of the countryrsquos cultured shellfish output Yantai has convinced the local office of Tai Ping Insurance Co a state-owned giant to write policies designed to trigger payments to producers when weather conditions exceed certain heat levels Over 90 years of local weather data for the Yantai area were assessed in the design of the policies according to a spokesman for Tai

Ping Zhang Hewei ldquoWhen the temperature rises to 32 [degrees Celsius] the average mortality rate for sea cucumbers is 10 with that figure and we use this data to calculate our premiumsrdquo

Yantai authorities are particularly keen to allow producers to quickly reboot production after weather mishaps explains Sun Lidong an official at the Yantai office of the Ocean amp Fisheries Bureau a government agency Government will cover up to 40 of the cost of premiums depending on the entity covered according to Sun The local and national governments have long identified extending insurance to its fisheries and aquaculture sector as one of the keys to improving productivity and efficiency

INDUSTRY NEWS

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

6

UPDATE

EWOS investing NOK100 million ($13m) a year in RampD to make salmon feed more sustainable

EWOS says it has lots of lsquoirons in the firersquo to recycle and upcycle nutrients to improve the environmental profile of farmed fish feed Ted Andreas Mollan supplier develop-ment manager at salmonid feed group EWOS said ldquoWe are investing NOK100 million ($13 million) a year in RampD to improve feed composition and make salmon feed more sustainablerdquo He said EWOS is involved in projects throughout the whole value chain of salmon feed production to improve efficiency economy and sustainability and that it encourages suppliers to comply with responsible production principles such as ProTerra on soy along with the IFFO RS and MSC on marine raw materials

The company expects two to three times more growth in salmonid feed demand in the next three years and perhaps more if Norwegian farmers can leverage productivity potential It forecasts the global salmonid feed market to exceed four million tons in 2016 ldquoSalmon filets have a unique standing in the market and volume will continue to grow as more people increase buying powerrdquo said Mollan

But a key aspect of the sustainability of salmon aquaculture industry is the supply of fishmeal and fish oil both of which are finite resources EWOS said Mollan has been

collaborating with the Global Salmon Initiative (GSI) which includes the UNs Food and Agriculture Organization (FAO) and other salmon industry partners to research and develop new projects to support the sustainable management of fish oil and fishmeal and to review the potential of alternative resources

New raw materials

Inclusion of fish oil in EWOS salmonid feed was on average 24 of the formulation in 2005 and reduced to just 11 by 2012 with the balance coming from plant oil alternatives in Europe and some poultry oil in Chile and Canada

ldquoThe process of developing sustainable feed formulations is a continuous process for us We have managed to improve availability of viable vegetable raw materials to further replace marine raw materials but there is still huge potential for improvement However there is not an absolute goal of removing marine proteins from dietsrdquo said Mollan

Indeed the feed company had said previously that large scale commercialization of genetically modified plants and algae as the major alternative Eicosapentaenoic acid (EPA) and Docosahexaenoic acid (DHA) sources is likely to take several years meaning that fish oil will remain a crucial and

INDUSTRY NEWS

The Report AquaFeed Market - Global Trends amp Forecasts to 2019 The global aquafeed market is projected to be valued at 894790 MT by 2019 and $1239903 million by 2019 at CAGRs of 107 and 123 respectively from 2014 to 2019

The aquafeed market has grown exponentially in the last decade and this growth is expected to continue Factors such as increasing consumption of seafood and growth in the aquaculture industry are propelling the market for the aquafeed industry globally The expanding middle class population especially in developing nations and their increasing income are expected to maintain this growth of the aquaculture industry in the long term Asia-Pacific contributes to around 90 of the global aquaculture production The main producers are China India Vietnam Philippines and Japan China is the largest market for fish in Asia-Pacific region which is driving the demand for aquafeed particularly in this region

Scientific evidence may help the aquafeed sector gain considerable market share in the future This would be possible by increasing the investments in RampD and cost

management coupled with information flow for the nutrient requirements of fish

The report defines and segments the aquafeed market with an analysis and forecasting of the global values for the market It also identifies the driving and restraining factors with an analysis of trends opportunities burning issues winning imperatives and challenges The market is segmented and the value is forecasted on the basis of major regions namely North America Europe Asia-Pacific and Rest of the World (RoW) The aquafeed market includes feed for fish crustaceans mollusks and others There has been a growing trend within most developing countries and many developed countries (such as Japan) towards the increased use of artificially compounded feeds (aquafeeds) for farmed finfish and crustaceans

Source Whatechcom

Aquafeed market expected to hit $1239903 million by 2019

7

UPDATE

strategically important resource for the producer for the foreseeable future Nevertheless it continues to work on ways to decrease the inclusion of fishmeal and fish oil in salmon feed

CO2BIO project

Ongoing research collaboration in the area of developing substitutes to marine EPA and DHA sources include the companyrsquos partnership in the CO2BIO project a network of stakeholders from industry and academia that aims to use

cleaned carbon dioxide emissions from the Mongstad oil refinery in Norway to produce algae for fish feed

The Norwegian Parliament awarded the project $1 million in funding for a pilot plant that would use CO2

captured at the CO2 Technology Centre Mongstad (TCM) Construction of the 300 square metre algae production test facility was scheduled for completion in early 2015 but Svein Nordvik who manages the project told this publication the build has been delayed until August this year ldquoWe will have the opening ceremony at the beginning of 2016 and will then start the RampD work based on algae and CO2 from TCMrdquo he said Together with Hordafocircr in Norway EWOS is also increasing the inclusion levels of marine trimmings and by-products in its feed which it said are nutritious raw materials for salmon feed that otherwise goes to waste Its use of such products rose to 31 in 2013 from 24 in 2012

Animal by-products

For many years the salmon feed maker has used animal by-products (ABPs) like blood meal and poultry meal in feeds produced in both Chile and Canada There has not wide use of ABPs in salmon feed in Europe in recent years in

compliance with regulations and market requirements But EWOS believes this could change in the near future

Its Spotlight publication from 2013 notes ldquoAnimal by-products are a safe source of cost effective high protein nutritious raw materials that can be sourced locally in all regions The inclusion of ABPs in feed formulations increases the scope for nutritionists to further expand the raw material basket and reduce dependence on marine resources Blood and poultry meals of the right quality are extremely good protein sources and EWOS encourages the use of these raw materials on sustainability and economic grounds in all regionsrdquo

Tunicates and insects

Mollan said EWOS is also involved in a research project around tunicates which is evaluating their use in animal and salmon feed Tunicates which feed on algae and microorganisms are found in all the worldrsquos oceans When their water content is removed they consist of 55 protein and they are also the only animals that produce cellulose It is expected they could have potential in the long term for both feed and biofuel And he said the salmon feed company is collaborating in the Research Council of Norway funded AquaFly project The partners involved will spend the next four years investigating the potential of using insects in fish feed When asked how the feed group can help contribute to more environmentally friendly salmon farming production in terms of waste Mollan said ldquoThe waste output from salmon farming is dependent on several factors like environment fish health farm management and also feed quality By developing more efficient feed solutions with highly digestible nutrient content and improved feed conversion rate the waste output is reducedrdquo

Source FeedNavigatorcom

China pushes insurance coverage for high-risk seafood sectors

Two of Chinarsquos key seafood-producing regions have made another effort at extending insurance to the highly fragmented aquaculture sector The coastal city of Yantai has launched what itrsquos terming the first mariculture weather index insurance policies mdash part of a new effort to get 90 of local farmed seafood stocks insured by 2020

Home to more than 70 of the countryrsquos cultured shellfish output Yantai has convinced the local office of Tai Ping Insurance Co a state-owned giant to write policies designed to trigger payments to producers when weather conditions exceed certain heat levels Over 90 years of local weather data for the Yantai area were assessed in the design of the policies according to a spokesman for Tai

Ping Zhang Hewei ldquoWhen the temperature rises to 32 [degrees Celsius] the average mortality rate for sea cucumbers is 10 with that figure and we use this data to calculate our premiumsrdquo

Yantai authorities are particularly keen to allow producers to quickly reboot production after weather mishaps explains Sun Lidong an official at the Yantai office of the Ocean amp Fisheries Bureau a government agency Government will cover up to 40 of the cost of premiums depending on the entity covered according to Sun The local and national governments have long identified extending insurance to its fisheries and aquaculture sector as one of the keys to improving productivity and efficiency

INDUSTRY NEWS

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

7

UPDATE

strategically important resource for the producer for the foreseeable future Nevertheless it continues to work on ways to decrease the inclusion of fishmeal and fish oil in salmon feed

CO2BIO project

Ongoing research collaboration in the area of developing substitutes to marine EPA and DHA sources include the companyrsquos partnership in the CO2BIO project a network of stakeholders from industry and academia that aims to use

cleaned carbon dioxide emissions from the Mongstad oil refinery in Norway to produce algae for fish feed

The Norwegian Parliament awarded the project $1 million in funding for a pilot plant that would use CO2

captured at the CO2 Technology Centre Mongstad (TCM) Construction of the 300 square metre algae production test facility was scheduled for completion in early 2015 but Svein Nordvik who manages the project told this publication the build has been delayed until August this year ldquoWe will have the opening ceremony at the beginning of 2016 and will then start the RampD work based on algae and CO2 from TCMrdquo he said Together with Hordafocircr in Norway EWOS is also increasing the inclusion levels of marine trimmings and by-products in its feed which it said are nutritious raw materials for salmon feed that otherwise goes to waste Its use of such products rose to 31 in 2013 from 24 in 2012

Animal by-products

For many years the salmon feed maker has used animal by-products (ABPs) like blood meal and poultry meal in feeds produced in both Chile and Canada There has not wide use of ABPs in salmon feed in Europe in recent years in

compliance with regulations and market requirements But EWOS believes this could change in the near future

Its Spotlight publication from 2013 notes ldquoAnimal by-products are a safe source of cost effective high protein nutritious raw materials that can be sourced locally in all regions The inclusion of ABPs in feed formulations increases the scope for nutritionists to further expand the raw material basket and reduce dependence on marine resources Blood and poultry meals of the right quality are extremely good protein sources and EWOS encourages the use of these raw materials on sustainability and economic grounds in all regionsrdquo

Tunicates and insects

Mollan said EWOS is also involved in a research project around tunicates which is evaluating their use in animal and salmon feed Tunicates which feed on algae and microorganisms are found in all the worldrsquos oceans When their water content is removed they consist of 55 protein and they are also the only animals that produce cellulose It is expected they could have potential in the long term for both feed and biofuel And he said the salmon feed company is collaborating in the Research Council of Norway funded AquaFly project The partners involved will spend the next four years investigating the potential of using insects in fish feed When asked how the feed group can help contribute to more environmentally friendly salmon farming production in terms of waste Mollan said ldquoThe waste output from salmon farming is dependent on several factors like environment fish health farm management and also feed quality By developing more efficient feed solutions with highly digestible nutrient content and improved feed conversion rate the waste output is reducedrdquo

Source FeedNavigatorcom

China pushes insurance coverage for high-risk seafood sectors

Two of Chinarsquos key seafood-producing regions have made another effort at extending insurance to the highly fragmented aquaculture sector The coastal city of Yantai has launched what itrsquos terming the first mariculture weather index insurance policies mdash part of a new effort to get 90 of local farmed seafood stocks insured by 2020

Home to more than 70 of the countryrsquos cultured shellfish output Yantai has convinced the local office of Tai Ping Insurance Co a state-owned giant to write policies designed to trigger payments to producers when weather conditions exceed certain heat levels Over 90 years of local weather data for the Yantai area were assessed in the design of the policies according to a spokesman for Tai

Ping Zhang Hewei ldquoWhen the temperature rises to 32 [degrees Celsius] the average mortality rate for sea cucumbers is 10 with that figure and we use this data to calculate our premiumsrdquo

Yantai authorities are particularly keen to allow producers to quickly reboot production after weather mishaps explains Sun Lidong an official at the Yantai office of the Ocean amp Fisheries Bureau a government agency Government will cover up to 40 of the cost of premiums depending on the entity covered according to Sun The local and national governments have long identified extending insurance to its fisheries and aquaculture sector as one of the keys to improving productivity and efficiency

INDUSTRY NEWS

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

8

INDUSTRY NEWS UPDATE

in the sector he explained

Separately meanwhile the key seafood hub of Dalian has brought a local state-run insurer on board for a pilot coverage of fish tanks at the Da Hei Shi aquaculture base outside the city The Peoplersquos Insurance Co of China (PICC) and Dalian Tian Zheng Co are both on board the scheme which caps any individual pay out at CNY 10 million (USD 16 million EUR 14 million)

Chinarsquos government has traditionally been able to direct state-owned insurers to cover fisheries but there were big losses that led to dominant players like PICC in the past decade shifting focus away from agriculture and aquaculture to focus on the booming real estate sector Other local insurers like Shanghai Anxin stepped forward but have battled to secure profitability from writing policies for the seafood sector French-based Groupama (Groupe des Assurances Mutuelles Agricoles) has meanwhile set up shop but so far has a small footprint in the Chinese insurance market

There is certainly potential for business given as little as 5 of Chinarsquos 8 million hectares of aquaculture ponds are insured according to the 2014 edition of the China Fisheries

Yearbook a government-published collection of statistics With Chinese seafood production under pressure from a rising cost base officials including the top fisheries (and vice minister for agriculture) official Niu Dun have frequently stated that better insurance coverage will encourage smaller producers in particular to up their production in the knowledge that their production is covered

The loss ratio for some insurers of shrimp ponds ran as high as 1400 according to a Seafoodsource analysis of settlements by Anxin and PICC Not surprisingly commercial insurers have shied away from the Chinese aquaculture sector Likewise itrsquos been very hard to attract the reinsurance market to Chinarsquos aquaculture and fisheries insurance policies

Read more Seafoodsourcecom

A deal that could boost Chinarsquos seafood output more than any other was signed recently by one of Chinarsquos top fish feed companies mdash and a solar energy company Tongwei Group Co signed an agreement with GCL System Integration Technology Co to co-operate on high-efficiency solar farms that will be installed over ponds at fish farms controlled by Tongwei (which aside from processing and selling feed also farms tilapia and shrimp) or its customerssuppliers

The deal hasnrsquot set a target on solar energy to be produced but it does name one of Chinarsquos top technology firms Huawei Technology Co (it will supply cloud technology helping to manage the power generated) as a partner alongside Chaori Co one of Chinarsquos biggest makers of solar panels

Staff at Tongwei describe this deal as a game-changer because it can reduce the cost of aquaculture and give fish farmers a whole new stream of income The deal also fits nicely with the priorities of Chinarsquos government Judging by a read of the circulars emanating from the agriculture ministry in Beijing the term ldquosolar integrated farmingrdquo has become a priority among agricultural officials here Taking the lead from other territories like Australia Israel and Japan they want to use the expansion of solar power to

subsidize the modernization of Chinese agriculture and its massive aquaculture sector

China according to the International Energy Agency needs to add 1000 gigawatts of carbon-neutral energy capacity such as solar power to meet its commitment to capping carbon emissions by 2030 under the recent climate change deal signed with the United States That means a massively increased installation of (among other things) solar panels

Indeed China has been furiously adding solar capacity becoming the worldrsquos No 1 installer of solar power by adding panels to building roofs but also through utility-scale installations that congregate large numbers of panels in sunny rural areas

As Chinarsquos agriculture grows in scale and professionalism the country is also figuring that agriculture is the best way to increase the roll-out of solar panels Indeed it will seem a no-brainer to anyone whorsquos visited rural and seen the fields of corn and vegetables as well as the large ponds for breeding freshwater fish like carp and tilapia

Tongwei aside there are already examples of success such as a well-publicized solar project that sees solar power installer Zhenfa New Energy teaming up with local government in the unlikely arid location of Dali province to

Tongwei deal shows solar power could boost Chinarsquos seafood output

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

9

INDUSTRY NEWS UPDATE

Globefish the unit of the FAO fisheries department responsible for information on international fish trade has released a first of its kind report on the role of women in the seafood industry The FAO had commissioned a report and has said it will launch a professional

network to fight gender inequality this year as French economist Marie Christine Monfort warned women remain invisible in the seafood industry

This research carried out in 2015 explores and sheds light on an aspect of the seafood industry largely ignored Twenty years after the Beijing World Conference on Gender Equity further efforts to promote equity need to be done in most developing and developed countries by public and private agents FAO said This work demonstrates that the seafood industry is by far no exception

According to the study one in two seafood workers is a woman The worldwide research attempts to present what is known and what remains to be investigated in this crucial component of the seafood industry

Women participate in all segments of the seafood industry including fishing farming trading and selling monitoring and administrating But the widespread lack of consideration for their role and work in the seafood industry are in many respect disadvantageous to them and ultimately bar them from fully and equitably participating in the industry said the FAO

Findings include

Where information is available in both developing and developed countries there is evidence that womenrsquos participation is constrained or affected by strong cultural rules robust societal conventions and even in some cases by discriminatory laws The seafood industry is ruled by patriarchy paradigm where hierarchy authority power competition development control of human and natural resources and domination of others is shaped by males to their welfares The conditions of participation of both genders in the industry and related services are organised according to these rules at all levels from workers to decision makers The presence and participation of women at decision making levels is rare and at top management level they are simply excluded

Knowledge and understanding of the complex

FAO report highlights role of women in seafood

install PV solar panels above ponds in new fish farms The 1100-megawatt capacity generated from the project is enough to power the local village but can also be sold onto the local grid

Labour and land tend to be cheaper in rural China but incomes lag behind urban areas a disparity that worries Chinarsquos government Under solar-integrated schemes farmers who tend their farms are being paid to allow independent parties to install solar panels mdash though different models mean the farmers themselves install the panels and get paid for the electricity produced

There would appear to be few better places to locate rows and rows of solar panels than above fields and fish ponds and the sight of thousands of solar panels fixed to metal platforms above the rows of egg plants or giant ponds for fish and shrimp would make anyone optimistic that solar power can be rolled out faster than ever before

Aside from clean energy Chinarsquos other big priority is food security which is in turn driving government spending on agriculture and aquaculture Making additional income from solar power would ensure greater income certainty for farmers who often complain of low margins and weather damage to their output

Fish ponds are probably best suited to integrate solar because the ponds donrsquot have to be ploughed or tilled every growing season Also the Ministry of Agriculture which supervises the fisheries sector has made it a priority to increase the output of fish as a more efficient way of satisfying Chinarsquos growing demand for proteins

The huge scale of the fish farming-for-export business meanwhile means therersquos a huge amount of space available for solar installations Provinces like Guangxi and Hubei have identified freshwater aquaculture (the breeding of tilapia fish and shrimp in particular) as a big driver of rural incomes and have been subsidizing the expansion of fish farming and fish processing enterprises to boost local supply of food jobs and income

While the potential of solar-integration is obvious and huge there will have to be a consistent national policy setting standards and structures so that solar installations are seen as doable for farmers while red tape is limited Likewise Chinese farmers who manage the panels will need training in the technical specifications and education on the economics of solar power

Read more Seafoodsourcecom

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

10

INDUSTRY NEWS UPDATE

distribution of roles power access to resources and profits between genders are incomplete and vary greatly between regions and industry sectors This report includes six case studies (Croatia Egypt France Iceland India and Senegal) which review the state of the knowledge in the field It evidences that the quality of data is not linked to the level of economic development Developing countries such as India and Senegal for instance offer rather good records because these important fishing and aquaculture nations have received the attention of gender sensitive development aid agencies By contrast the knowledge of the participation of women in the seafood industry in France is dramatically poor

Ongoing global changes including the demand for cheap inputs the widespread decline in marine resources the

deterioration of marine habitats and the impact of climate changes among other things further affect already fragile populations to which many women belong

Over the past decades researchers and development experts have produced evidence of the crucial role of women in fisheries and the gender specific constraints they face but this knowledge has hardly been disseminated among seafood professionals

The primary aim of this report is to increase consciousness of business leaders and policy makers to enlarge their knowledge and sensitization about the value women bring to the seafood industry and to encourage them to consider each time they develop a new investment a new project or a policy have we not overlooked women said FAO

Source Undercurrentnewscom

Catch cap eased on menhaden backbone of East Coast fisheries

East Coast fisheries regulators agreed at the beginning of May 2015 to allow a modest boost in the catch of Atlantic menhaden because scientists now believe the little oily fish on which so many other species depend are not as scarce as previously thought The decision by the Atlantic States Marine Fisheries Commission comes 2 12 years after the interstate panel ordered commercial harvests slashed by 20 in response to scientific warnings that menhaden had been fished to a historic low threatening other species including Marylands state fish the striped bass

The nearly unanimous vote to lift the catch cap by 10 percent represents a compromise between commercial fishermen who contend that they can safely harvest many more and conservationists who remain worried that there still are not enough menhaden in the Chesapeake Bay to sustain striped bass known to many as rockfish

Were heading in the right direction said Robert T Brown Sr president of the Maryland Watermens Association who asserted that there are plenty of menhaden in the bay

Menhaden have a relatively poorly understood role as a prime food source for many other fish and birds The commission which governs fishing in coastal waters from Maine to Florida had called for another scientific look at menhaden in the wake of the harvest cut imposed in 2013 which provoked complaints from commercial fishermen Scientists reported this year that they found that menhaden were not overfished contrary to the earlier assessment That drew calls from commercial fishing interests to relax limits

Calling menhaden the backbone of fisheries along the East Coast North Carolinas marine fisheries director Louis B Daniel III proposed leaving the cap as is until more is

known about how many menhaden are needed to sustain other fish populations But other regulators including Maryland natural resources officials said some increase was warranted by the new study

The commission turned aside a proposal to raise the cap 30 over the next two years with members voicing unease over the unresolved ecological question The panel opted for the 10 increase allowing nearly 188000 metric tons to be taken annually That limit would remain in effect through 2016 as scientists develop recommendations on regulating harvests to ensure that enough menhaden remain as forage for other fish Regulators also pledged to review how the catch quota is divided with an eye toward ensuring that bait fishermen get a bigger share

Im glad to see science carry the day said Robert Vanasse spokesman for the Menhaden Fisheries Coalition representing Omega Protein Inc and related businesses

Conservationists also chose to look on the bright side Joseph Gordon manager of northeast US oceans for the Pew Charitable Trusts called it a historic day that East Coast fisheries regulators had committed to managing any fishery for its ecological rather than purely commercial value He predicted that such an approach ultimately would provide benefits for fish and fishermen up and down the coast

Source Baltimore Sun

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

11

INDUSTRY NEWS UPDATE

ENFEN 20th May statement on El Nintildeo

State of alert Peru on alert for Coastal El Nintildeo

The Multisectoral Committee ENFEN is main-taining a state of alert due to the existence of conditions of a coastal El Nintildeo This event is expected to reach a magnitude of between moderate and intense by this winter The El Nintildeo could last until the end of the year although its magnitude is uncertain

Intense rainfalls are not expected along the coast during Autumn and Winter though higher than normal temperatures are expected Biological indicators of anchovy indicate that this resource has not been impacted by El Nintildeo The state of alert system may be revised and modified according to how conditions develop

The Committee met to analyze and update the information regarding the meteorological oceanographic biological-fishing and hydrological conditions for the first half of the month of May

Along the coastline the sea surface temperature (SST) and extreme air temperatures (maximum and minimum) were above normal with anomalies between +1deg to +4deg C SST anomalies were higher off the northern coast showing an average value in the region El Nintildeo 1 + 2 of +22degC The

coastal El Nintildeo index (ICEN El Nintildeo regions 1 + 2) estimated for April and May indicates weak and moderate warm conditions respectively

Warm anomalies continued in almost all the Equatorial Pacific presenting convective activity2 reflecting the cou-pling of the atmosphere to the ocean which promoted the occurrence of a new pulse of westerly winds in the Western Equatorial Pacific in the first half of this month ndash similar in magnitude to that observed in the first half of March 2015

Associated with the warm Kelvin wave generated in March the average of the mean sea level was between 10 and 25cm above normal along the coast of Peru in the first half of May particularly in the North while the thermocline3 continued to be deeper than normal in the North with anomalies of sub-surface oceanic temperatures of up to +8degC off the coast of Paita This increase in the mean sea level together with the choppiness of the sea caused major impacts along the entire coast

With regards to the rainfall on the northern coast of the country these have occurred in short episodes which have not led to substantial increases in flow rates On the other hand the reservoirs on the North and South coasts have now reached 92 and 71 respectively of their maximum

A new WorldFish paper says that scientists need to better understand the impacts of climate change on aquaculture if we are to meet future seafood demand It is believed that aquaculture may be better equipped to respond to increasing temperatures and other impacts of climate change than other forms of agriculture For these reasons it is often seen as a good alternative source of livelihoods and nutrition for many in the developing world

However the paper says that in order to make the case for greater investment and supporting national policies there is an urgent need for evidence that highlights aquaculture as a climate-smart adaptation and mitigation alternative

The paper Climate Change and Aquatic Animal Disease by WorldFish senior scientist Chadag Mohan highlights the risks of increased fish disease as a result of climate change and calls for a mapping of the potential risks and the identification of suitable adaptation and mitigation

intervention strategies It is submitted as part of the CGIAR Research Program on Climate Change and Agriculture and Food Security (CCAFS)

Fish farms in tropical zones the paper notes experience higher cumulative mortalities and faster progression of diseases which could be exacerbated by climate change Disease related losses to the aquaculture industry globally are estimated by the FAO at about US$6 billion annually With the threat of climate change bringing more disease the paper notes that there is a need to develop stronger biosecurity governance mechanisms to manage risks associated with spread of aquatic animal pathogens

Stephen Hall director general of WorldFish says ldquo45 billion people get at least 15 of their average per capita intake of animal protein from fish And given that projections suggest that farming of fish will have to double to meet future demand it is imperative that we gain a better understanding of how climate change will impact the farming of this valuable food crop that has such an important bearing on future global food securityrdquo

Source WorldFishingnet

The impacts of climate change on aquaculture

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

Oceana Group Limited announced that it would be acquiring 100 of the share capital of the processing operations of US-based Daybrook Fisheries Inc and 25 of Westbank LLC its related marine operations by a combination of stock purchase and merger with Oceana US Holdings Inc

ldquoThe partnership is a natural fit between the two entities and that the transaction would provide excellent growth opportunities for the combined enterprise to expand production capacity and global market share Daybrookrsquos extensive capital investment program to develop an unparalleled production operation in North America is solidly supported by unabated growth in the consuming sector for our products with global demand far exceeding supply As we evaluated the various opportunities before us and carefully examined the corporate culture of both companies we felt the combination of Daybrook with Oceana provides an excellent platform for growth a win-win deal for both companies and a good value for our shareholdersrdquo said Gregory Holt President of The Daybrook Companies

Oceana CEO Francois Kuttel said that the transaction would provide Oceana with a significant opportunity to expand its international operations to increase diversification of its targeted fish species product profile operational geography and currency exposure ldquoThe success of Daybrook to date is underpinned by the competence of its people continued investment in the business and innovation in product development Daybrook also embodies a strong extended family culture It is our intention to continue with these core elements of its success We are particularly impressed with the quality of the shore-based production assets and the competence and dedication of the management and staff We are excited to be a part of this successful combination going forwardrdquo

Source Oceana amp Daybrook

12

UPDATE

storage capacities

The anchovy presented a shift southwards with a distribu-tion from Chimbote (9degS) to Punta Infiernillos (15degS) The vertical distribution of schools continued to be deeper only between Huacho (11degS) and Pucusana (12degS) Biological indicators of the anchovy indicate that this resource has not been impacted by the coastal El Nintildeo

OUTLOOK

The warm Kelvin wave is expected to continue its presence along the coast until the month of June which would maintain the positive air and sea surface temperature anomalies as well as the mean sea level and the depth of the thermocline

Due to the pulse of westerly winds observed in the first half of May the formation of a new warm Kelvin wave is ex-pected which would be arriving on the Peruvian shores from mid-June 2015 contributing to the continuation of warm conditions along the coast during winter

During autumn and winter the coastal warming would not produce substantial effects on rainfall as it is the dry season though there is a possibility of some episodes of light rain associated with isolated weather systems in Tumbes and Piura

If the coupling continues between the warm anomalies of sea surface temperature and atmospheric convection in the

Western and Central Equatorial Pacific the anomalies of the westerly winds will persist generating new warm Kelvin waves which in turn will promote the persistence of warm conditions along the coast in the next few months

The most recent runs of climate models indicate that the coastal El Nintildeo event will be of a magnitude between moderate and strong (ICEN4 Nintildeo region 1 + 2) with a maximum warming around July Taking into account these forecasts the analysis of conditions observed in the Equato-rial Pacific and along the coast particularly the new pulse of westerly winds and higher temperature anomalies along the coast the Multisectoral Committee ENFEN raises the estimate of the magnitude of the present coastal El Nintildeo to between moderate and strong

On the other hand for the central Pacific (Nintildeo region 34) all models predict the intensification of El Nintildeo conditions by the year end with magnitudes which could exceed 2degC in the most extreme cases According to this even though the forecast for the coastal region is uncertain for the years end it cannot be ruled out that the El Nintildeo might exceed a moderate magnitude The forecast will be more accurate as from August

The Multisectoral Committee ENFEN will continue to monitor and report on the evolution of the observed conditions and updating on the outlook

Source ENFEN

INDUSTRY NEWS

Oceana Group Limited and Daybrook Fisheries Inc merger

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

13

UPDATE

TASA Omega is pleased to

announce that it has entered into an exclusive European Distribution Agreement with ACETO Health Ingredients GMBH TASA Omega is Perursquos first 100 vertically integrated manufacturer of fully refined and premium quality EE amp TG fish oil concentrates having just completed construction of its ldquostate of the artrdquo

omega3 fatty acid fractionation and concentration facility in Pucusana just south of Lima ldquoAs TASA Omega gears

up to enter the Omega3 ingredient market globally we recognized the strategic advantages of partnering in Europe with ACETO Health Ingredients and its experienced team of omega-3 category sales amp marketing experts stated David Matthews TASA Omegarsquos CEO Rick Pope Commercial Manager at TASA Omega indicated that ldquoTASA Omegarsquos Value Proposition with customers will be built on 4 key principles

Security of supply amp access to TASArsquos annual quota of 25 of the Peruvian anchovy fishery

100 vertical integration in Peru leading to a reduced carbon footprint and ingredient traceability from harvest at sea to customer product application

Proprietary fatty acid fractionation and concentration capabilities that will bring enhanced production yields and manufacturing flexibility

A commitment to Omega-3 category leadership within the Peruvian anchovy fishery and through Board level participation in the industry trade association GOED and the Omega-3 Coalition Campaignrdquo

Source TASA

Marine Harvestrsquos salmon farm gets

first ASC stamp in the UK Marine Harvestrsquos Loch Leven salmon farm in Lochaber in the United Kingdom became the first salmon farm in the UK to achieve accreditation recently ldquoWe are delighted to gain the first ASC approval in the UK for our Loch Leven farm Marine Harvest Scotland managing director Alan Sutherland said We care passionately about the

environ-ment in which we live and work and are

determined to ensure our top quality salmon continues to be grown in a sustainable way In 2013 Marine Harvest signed up to meet ASC in all its operations across the world It is committed to achieving this by 2020 The Loch Leven salmon farm is run by a team of eight staff who grow salmon weighing up to 2655 tonnes in a twenty-month period Source Undercurrentnewscom

Exalmar has invested $23 million to

install natural gas in its fishmeal and fish oil plant at Tambo de Mora in order to reduce its environmental impact Tambo de Mora is the companys second plant to use natural gas after Callao Exalmar said The new technology will reduce environmental impact as it does not generate any toxic gases ash or unburned residues the company said It will also allow savings of about 43 compared to the

use of liquid combus-tibles at current

prices Exalmar has six plants for fishmeal and fish oil production located in Tambo de Mora Huacho Callao Chimbote Chicama and Paita with a total processing capacity of 434 metric tons per hour For frozen fish the company has one plant in Tambo de Mora with a capacity of 575t per

day and another in Paita with a production capacity of 108t per day Source Undercurrentnewscom

Loblaw Companies issued its

annual corporate responsibility report and revealed that 93 of the products in its core seafood categories were from sustainable sources Seafood sourced for Loblawrsquos frozen fresh canned and frozen grocery categories were ldquoprocured from fully certified sources sources acceptable with conditions or sources making meaningful progress toward sustainabilityrdquo the company stated ldquoIn 2014 we established higher standards for ethical supplier production and facilities More importantly we

assem-bled a team on the ground in

some developing regions where our global production occurs mdash covering countries like Vietnam Cambodia and Bangladesh mdash providing factory oversight and responding to concerns with greater local knowledgerdquo said Galen Weston executive chairman and president of Loblaw Companies ldquoWe are now better able to address the challenges of global sourcing than ever beforerdquo There are 159 Marine Stewardship Council (MSC)-certified products in Loblaw stores more than any other retailer in Canada And Loblaw was the first retailer in North America last year to offer Aquaculture Stewardship Council (ASC)-certified Atlantic salmon Source Seafood-sourcecom

Cargillrsquos new $29 million Hedrick

Iowa feed mill will produce feed for one million hogs annually Operating 24-hours-a-day six-days-a-week the 15-

story-tall millrsquos 14 employees will produce 350000 tons

of feed annually destined for the more

NEWS IN BRIEF

BUSINESS

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

than 100 family-owned farms that raise hogs for Cargill throughout the region The feed mill will load and unload approximately 100 trucks daily one every 10 minutes annually converting about six million bushels of locally grown corn to feed for farms in a radius from the mill that averages 35 miles Building the feed mill required 12500-square-yards of concrete 340 tons of steel rebar in the mill structure alone and during most of the construction averaged 75 workers to complete the job with a near-perfect safety record Source Al-lAboutFeednet

Exports drive Scottish Salmon Company growth Scottish Salmon

Company had a strong operational start to the year with revenues of pound273 million in the first quarter Its

efforts have primarily focused on the growth opportunities in the international markets and the strong demand for quality Scottish salmon produced

using the best sustainable practices The company achieved increased harvest volumes for the quarter on this time last year with 6261 tonnes an increase of almost four per cent on Q1 2014 It has also exhibited a strong EBITkg before fair value biomass adjustment at pound075kg and higher than the pound068kg achieved in Q1 2014 During Q1 the company continued to build upon its international success with existing customer partnerships overseas It also increased its reach into new territories through an intensive global trade programme This has seen the company increase its export activity and it is selling to a total of 24 countries ensuring its strategy to diversify into new markets is achieved Managing director of the Scottish Salmon Company Craig Anderson said lsquoWe delivered a record breaking year in 2014 and with strong results for Q1 2015 we intend to continue to build

on this success and ensure sustainable growth is achieved for the business and our shareholders Source FishUpdatecom

Vietnam and Russia President

Truong Tan Sang and President Vladimir Putin committed to strengthening their bilateral comprehensive strategic partnership focusing on aquaculture during talks in Moscow in May Both sides expressed their satisfaction with all-level visits to foster mutual political trust between the two nations and agreed to maintain the current mechanism Economically they agreed that the signing of a free trade area

agreement between Viet Nam and the Eurasian Economic Community later this May would help lift Viet Nam -Russia trade to US$10 billion by 2020 Speaking highly of oil and gas companies and joint ventures working in Viet Nams continental shelf and in Russia the leaders vowed all possible support for them as well as for new investors in petrochemicals and refineries Links across investment finance-banking industry agriculture and mining are also expected to progress They called for more efforts to work to their joint strengths including opening an aquaculture seafood and processing joint-venture in the Primorye region and a light industry zone in Moscow Source Vietnam News

Norway exported cod haddock

saithe and other groundfish worth almost NOK 12 billion (EUR 1425 million USD 161 million) last month an

increase of 33 or NOK 288 million (EUR 342 million USD 386 million) year-on-year This was the first time the countryrsquos groundfish exports had achieved a monthly total above the NOK 1 billion (EUR 1187 million USD 134 million) mark ldquoA winter fishing season marked by both late skrei cod migration and increased exports of fresh fish to other markets has meant that our main cod market Portugal has not purchased as much cod as last year This has led to higher prices and therefore record exports of salted fish in Aprilrdquo said Ove Johansen market analyst with the Norwegian Seafood Council (NSC) Total exports of frozen groundfish products increased by NOK 396 million (EUR 47 million USD 53 million) to NOK 241 million (EUR 286 million USD 323 million) in April while the combined export value for all fresh groundfish products reached NOK 344 million (EUR 409 million USD 461 million) an increase of NOK 897 million (EUR 107 million USD 12 million) year-on-year Source SeafoodSourcecom

China will lift a ban on Indian rapeseed

meal imposed three years ago due to quality concerns Chinas quarantine authority Both countries had signed a

sanitary protocol and agreed to ensure Indian meal meets Chinese standards Chinas quality watchdog the General Administration of Quality Supervision Inspection and

Quarantine (AQSIQ) said in a statement The agreement signed last week during Indian Prime Minister Narendra Modis visit to China aims to help boost bilateral trade AQSIQ said on its website It did not give further details India shipped 650000 tonnes of rapeseed meal to China in 2011 accounting for about half of Chinas

COUNTRY

14

UPDATE

NEWS IN BRIEF

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

15

UPDATE

annual imports The ban was imposed in late 2011 after testing showed meal contained a toxic chemical Chinese imports however have since fallen sharply due to an expansion of its domestic crushing industry driving imports of rapeseed and reducing demand for meal which is used as a protein-rich feed ingredient for fish farming Source IndiaTimescom

UK Pig field trials programme

underway The first of the new BPEX field trials are underway investigating feeder space and stocking density in finishing systems and omega-3

supplementation of sows The aim is to generate robust technical data from trials run on both commercial and research units on which firm recommendations for the industry can be based Trials are up and running on three sites so far at Harper Adams University Leeds University and a commercial pig production unit BPEX field trials co-ordinator Peter Dunne said The finishing herd trials aim to find out what effect increased feeder space and increased floor space allowance have on pig growth while the omega-3 trial is looking at potential effects on litter performance and piglet viability Source AllAboutFeednet

The Association of aquaculture producers has been established in

Russia with the main target of

lobbying and stimulating the general development of industry within the coming years according to the deputy head of the Russian Agricultural Ministry Ilya Shestakov Russias aquaculture industry has been developing rapidly partly because of

the food embargo implemented by the Russian authorities in August of 2014 Aquaculture production saw its production volume increase by 10 in 2014 where in 2013 total production amounted to 165000 tonnes Within the coming five years the industry should almost double in size so in 2020 the production volume will reach 315000 tonnes according to the association This year the volume of production will be 179600 tonnes Source AllAboutFeednet

Fish oil may boost brain function in

older adults Researchers looked at 40 mentally healthy adults aged 65 to 75 who had the gene variant APOE e4 which put them at risk for late-onset Alzheimers Those who consumed higher amounts of two omega-3 fatty acids found in fish -- DHA and EPA -- did better on tests that assessed their ability to switch between mental tasks -- called cognitive flexibility They also had a larger anterior cingulate cortex a part of the brain involved in mental flexibility the researchers said The findings suggest -- but do not prove -- that consuming DHA and EPA omega-3 fatty acids might improve mental flexibility by boosting the size of the anterior cingulate cortex said the authors of the study published online May 21 in the journal Frontiers in Aging Neuroscience Funding for the study was provided by Abbott Nutrition a division of Abbott a maker of health-care products Source CBSnewscom

Pacific Salmon Research Fisheries

and Oceans Minister Gail Shea has announced investments from the Government totalling over CAD 57 million (USD 464 million) in science facilities marine protection and Pacific salmon research Together the Center for Aquaculture amp Environmental Research in West Vancouver the Institute of Ocean Sciences in Sidney and the Pacific Biological Station in Nanaimo will receive up to CAD 18

million (USD 146 million) for various upgrades and repairs including improvements to the existing wharves and related infrastructure Canada currently has eight MPAs under the Oceans Act and the designation of an additional eight areas is in various

stages of completion Economic Action Plan 2014 provided CAD 37 million over five years for marine and coastal conservation under the National Conservation Plan This funding will help establishing regulations for four new Marine Protected Areas identifying three new candidate areas for analysis and stakeholder consultations and developing and implementing management frameworks for Oceans Act Marine Protected Areas (MPAs) Source FIScom

Fish and animal feed made from

wastewater Nutrinsic announces the grand opening of their sustainable protein production facility co-located at MillerCoors LLC at their brewerys Water Reclamation Facility in Trenton Ohio The facility has a nameplate capacity of 5000 tonnes per year of ProFloc a high quality protein ingredient for use in fish and animal nutrition ProFloc is produced using patented technology which upcycles nutrients that would otherwise be undervalued or lost making it a sustainable and earth-friendly protein source for all types of aquatic and terrestrial animal feeds according to Nutrinsic

MillerCoors Trenton Brewery has been landfill-free since 2009 meaning it reuses or recycles the majority of its waste and sends less than one percent to a landfill Nutrinsic will work with the Trenton Brewery to turn waste from its water reclamation centre into a protein source for animal feed Source AllAboutFeednet

NEWS IN BRIEF

RESEARCH

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

16

3 June IFFO China Regulations Seminar - London UK

4 June IFFO Marine Ingredients Certification Seminar - London UK

7-9 June Aquavision - Stravanger Norway

28 Junemdash3 July FOSFA - Middle Managers CoursemdashLondon UK

18-21 August Aqua Nor 2015 mdashTrondheim Norway

5-9 September World Seafood Congressmdash Grimsby UK

28-30 September IFFO 2015 Annual ConferencemdashBerlin Germany

1 October IFFO Board MeetingmdashBerlin Germany

11-14 October 5th International Symposium on Stock Enhancement and Sea

Ranching - Sydney Australia

20-23 October Aquaculture Europe 15 mdash Rotterdam Netherlands

17-19 November Food Matters Live - London UK

Contact Us IFFO Unit C Printworks 22 Amelia Street London SE17 3BZ United Kingdom Tel +44 (0)2030 539 195 Fax +44 (0)2030 539 196 e-mail secretariatiffonet wwwiffonet

CALENDAR UPDATE

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