TOP 10 most-consumed U.S. seafood species: And the winner is… ‘salmon’; But why doesn’t NFI want to highlight this?!

“A slight uptick on overall seafood consumption can be seen in the Commerce Department’s latest data, used to calculate the National Fisheries Institute’s (NFI) annual Top Ten list,” the NFI announced today (October 31, 2014).

Nicely spun statistics…

Whilst the U.S. seafood industry’s main representative organisation does not highlight it, this year’s Top 10 sees an important reshuffle, with ‘salmon’ [indiscriminately wild & farmed] becoming for the first time the n°2 most-consumed seafood item in the USA. It is interesting indeed that not only the NFI does not mention this, but innocuously underplays that fact by stating at the end of its statement that “Experts say the bump in salmon may be a reflection of record runs of Alaska salmon in 2013 that contributed to canned and frozen supplies.” It may” be so, or maybe not… NFI does not provide any statistics/figures (we have asked…) re. the proportion of wild-caught salmon from Alaska vs. other salmon consumed (notably farmed Atlantic)…

In fact –  referring to “the bump in salmon” – per capita U.S. consumption of salmon increased by 33.6% (up from 2.020 lbs in 2012 – see our tables below), which makes salmon the ‘winner’ of this year’s Top 10 in terms of volume growth.

This also makes salmon the only one of the Top 5 species (representing 77% of consumption) to have increased its market share. Nonetheless, NFI boldly states on that front (it is technically right, but arguably misleading): that “While there is not much movement, in terms of rankings, sixty percent of the species saw an increase in consumption,” the NFI states.  ‘60% of the species’ indeed – that is 6 species out of 10; but besides salmon, the other 50% of species only represent 23% of seafood consumed.

Which raises the questions – among others – ‘Why is the NFI going out of its way to underplay the massive rise in salmon consumption experienced in the USA in 2013‘? and ‘Who is to gain from this?’ !!!

Continue reading TOP 10 most-consumed U.S. seafood species: And the winner is… ‘salmon’; But why doesn’t NFI want to highlight this?!

HIGH interest from French scientists in toxic/harmful marine algae; Economic impacts on fish & shellfish aquaculture industries concerns

A group of over 20 French scientists are participating in the International Conference on Harmful Algae (ICHA) which gathers around 500 world-leading scientists all week long, ending today (31 October, 2014) in Wellington, New Zealand.  The French Embassy also hosted over 60 experts for an evening of scientific discussion on the topic Wednesday night. Continue reading HIGH interest from French scientists in toxic/harmful marine algae; Economic impacts on fish & shellfish aquaculture industries concerns

“DOES it help conservation to put a price on nature?” asks Cambridge Univ. Researcher; “In many cases, trade-offs are made”

Assigning an economic value to the benefits which nature provides might not always promote the conservation of biodiversity, and in some cases may lead to species loss and conflict, argues today (October 31, 2014) a University of Cambridge researcher in the latest edition of Science. Continue reading “DOES it help conservation to put a price on nature?” asks Cambridge Univ. Researcher; “In many cases, trade-offs are made”

“From Copeinca to Mitsubishi and beyond”… “A roller coaster with a happy ending” – Mitsubishi-owned Cermaq aims to become “a global # 2 salmon farming company”

Below is the link to the 16-slide presentation – From Copeinca to Mitsubishi and beyond – given by Cermaq CEO Jon Hindar at DNB & Intrafish Seafood Investor Forum in London this morning (31.10.2014). Continue reading “From Copeinca to Mitsubishi and beyond”… “A roller coaster with a happy ending” – Mitsubishi-owned Cermaq aims to become “a global # 2 salmon farming company”

Oceana claims to “Reveal Misrepresentation of America’s Favorite Seafood” : Of wild & (or vs?) farmed shrimp; DNA testing report

Oceana USA - Shrimp misrepresentation - Oct 30.2014

In the only known study of its kind in the U.S., DNA testing confirmed that 30 percent of the 143 shrimp products tested from 111 grocery stores and restaurants were misrepresented,” the marine eNGO Oceana hailed yesterday (October 30, 2014). Oceana said it also found that consumers are often provided with little information about the shrimp they purchase, including where and how it was caught or farmed, “making it difficult, if not impossible, for them to make informed choices.”  Oceana claims that “Misrepresenting shrimp not only leaves consumers in the dark, but it also hurts honest fishermen who are trying to sell their products into the market. Instituting full-chain traceability and providing more information at the point of sale will benefit all stakeholders in the supply chain, from fishermen and seafood businesses to consumers.” Meanwhile, the main seafood industry representative U.S. organization/lobby – the National Fisheries institute (NFI) – issued yesterday a ‘media alert’, in which it warned reporters, producers & editors “to weed through the hyperbole in search of facts” re. the latest Oceana report. NFI argues among others that there is “no fraud” in not providing the diner with any information on the wild/farmed type of shrimp as this is not required by regulation. It maintains that the FDA already has regulatory power over mislabeled food and that “New laws are not needed. More enforcement is.

Continue reading Oceana claims to “Reveal Misrepresentation of America’s Favorite Seafood” : Of wild & (or vs?) farmed shrimp; DNA testing report

NFI warns reporters, producers & editors “to weed through the hyperbole in search of facts” re. latest Oceana ‘shrimp misrepresented’ report

Continue reading NFI warns reporters, producers & editors “to weed through the hyperbole in search of facts” re. latest Oceana ‘shrimp misrepresented’ report

MARINE Harvest – now also world’s n°4 fish feed supplier – aims for a Return on Capital Employed (ROCE)  >10%… for its salmon feed division

Continue reading MARINE Harvest – now also world’s n°4 fish feed supplier – aims for a Return on Capital Employed (ROCE)  >10%… for its salmon feed division

EWOS says it “does not intend to grow its presence in the salmon farming industry beyond the purchase of Nova Austral”

An EWOS affiliated company has recently signed an agreement with the bankruptcy trustee of Acuinova to acquire its subsidiary, the Chilean fish farming company Nova Austral. The purchase is subject to certain closing conditions including obtaining final financing for the purchase. 
Continue reading EWOS says it “does not intend to grow its presence in the salmon farming industry beyond the purchase of Nova Austral”

BLUE Growth in the Mediterranean & the Black Sea: Developing sustainable aquaculture for food security

Sustainable aquaculture development under the Blue Growth perspective, with a view to fostering socioeconomic growth and food security in the Mediterranean and the Black Sea will be the focus of the Regional Aquaculture Conference in Bari (Italy) on 9–11 December 2014: “Blue Growth in the Mediterranean and the Black Sea: developing sustainable aquaculture for food security”. 
Continue reading BLUE Growth in the Mediterranean & the Black Sea: Developing sustainable aquaculture for food security

Icelandic Group management reshuffle: Board Director Árni Geir Pálsson replaces (now ex) CEO Magnús Bjarnason

Icelandic Group announced Thursday (October 30, 2014) changes to its executive Board. Magnús Bjarnason will step down as CEO while Árni Geir Pálsson, a director of the Board, will become the Group’s new CEO. Jóhann Gunnar Jóhannsson, Chief Financial Officer at Icelandic Group will take up the position of Deputy Director concurrent with his role. Continue reading Icelandic Group management reshuffle: Board Director Árni Geir Pálsson replaces (now ex) CEO Magnús Bjarnason

TROUT “personality” linked to vulnerability to angling; Hatchery-rearing environment has impact on fishing avoidance

Individual differences in moving activity in a novel environment are linked to individual differences in vulnerability to angling, according to an experimental study completed at the University of Eastern Finland and the Finnish Game and Fisheries Research Institute.  According to the study, the introduction of natural elements to fish hatcheries enhances the later survival of fish released into the wild, as fish grown in enriched environments learn to find food and avoid fishing more often than fish reared in traditional environments. Continue reading TROUT “personality” linked to vulnerability to angling; Hatchery-rearing environment has impact on fishing avoidance

UK’s Seafish publish new guidance on latest requirements on information provided to seafood consumers; Of catch areas & fishing gear labelling

Seafish has recently published a new guidance document, which aims to support industry to adapt to key legislative changes around information to be made available to seafood consumers, it announced on October 29, 2014. From December 13th, new EU regulation requires consumers to be provided with detail of the fishing gear used to catch their seafood, and a more precise indication of catch area for fish caught in some areas. Continue reading UK’s Seafish publish new guidance on latest requirements on information provided to seafood consumers; Of catch areas & fishing gear labelling

Mitsubishi completes voluntary offer for Cermaq ASA; Now owns 92.16% & compulsory acquisition of remaining shares expected in November

Statement, un-edited:

 ************

30.10.2014 08:58:12: Mitsubishi Corporation announces completion of voluntary offer for Cermaq ASA

Oslo, 30 October, 2014 – Reference is made to the offer document dated 22 September 2014 regarding the voluntary cash tender offer (the “Offer”) for shares (the “Shares”) of Cermaq ASA (the “Company”) made by MC Ocean Holdings Limited (the “Offeror”), a UK private limited liability company directly owned by Mitsubishi Corporation (“MC”), as well as the announcements on 21, 23 and 27 October regarding the results of the Offer.

Settlement of the Offer was completed today.

Following settlement, the Offeror owns 85,242,850 Shares representing 92.16% of the outstanding Shares and votes in the Company.

The Offeror intends to initiate a compulsory acquisition of the remaining Shares of the Company not owned by the Offeror in accordance with applicable laws, and to propose that the Company applies for a delisting of the Shares from the Oslo Børs. It is expected that a compulsory acquisition of the remaining Shares of the Company will be effectuated in early November 2014.

This information is subject to the disclosure requirements set out in section 6-19 of the Norwegian Securities Trading Act.

http://www.newsweb.no/index.jsp?messageId=363812

DUTCH Harbor, Alaska, & New Bedford, Mass., remain top U.S. fishing ports; Landings of wild salmon set new record (+68% vs. 2012)

In its 2013 annual report, Fisheries of the United States 2013, released Wednesday (October 29, 2014), the U.S. National Oceanic and Atmopsheric Administration (NOAA) Fisheries Service announced that U.S. fishermen landed 9.9 billion pounds of fish and shellfish, an increase of 245 million pounds from 2012. Valued at $5.5 billion, these landings represent an increase of $388 million from 2012. “Commercial and recreational fishing are important contributors to our economy and help create jobs throughout our nation’s communities,” said Eileen Sobeck, assistant NOAA administrator for NOAA Fisheries. The report shows that while national total of fish and shellfish landings remained about the same, total landings of wild salmon topped one billion pounds, setting a new record, up 68 percent from 2012. The report also shows that for the 17th consecutive year, the Alaska port of Dutch Harbor led the nation with the highest amount of seafood landed, primarily walleye pollock. Dutch Harbor fishers landed 753 million pounds valued at $197 million. NOAA Fisheries also notes that U.S. marine aquaculture production in the U.S. has been increasing steadily in recent years, about 10% a year from 2008 to 2012, though the sector still remains marginal by international standards. The report also shows that the average American ate 14.5 pounds of fish and shellfish in 2013, “essentially unchanged from 2012.” Continue reading DUTCH Harbor, Alaska, & New Bedford, Mass., remain top U.S. fishing ports; Landings of wild salmon set new record (+68% vs. 2012)

“Two years later: Why is DFO still ignoring the $37 million Cohen Commission?” – Alexandra Morton

Continue reading “Two years later: Why is DFO still ignoring the $37 million Cohen Commission?” – Alexandra Morton

DNA traceability: FDA study finds 15% of U.S. seafood mislabeled; NFI hails ‘limited’ finding  & calls for ‘more enforcement, not more regulations’

The U.S. Food and Drug Administration has released the results of a two year investigation into seafood labeling that found 85 percent of the seafood it tested was properly labeled, the U.S. National Fisheries Institute (NFI) hailed in an October 27, 2014, press release titled FDA Study Finds Limited Seafood Mislabeling – Reports of rampant mislabeling should be carefully studied and questioned. Continue reading DNA traceability: FDA study finds 15% of U.S. seafood mislabeled; NFI hails ‘limited’ finding  & calls for ‘more enforcement, not more regulations’

Following AquaChile acquisition, Invermar remains focused on 35,000t target; Of Region I & Region XII yellowtail & salmon dual ambitions

In an interview carried out during AquaSur 2014 and published Tuesday (October 28) by Diario Financiero, the CEO of the heavily indebted Invermar ($150 million at end 2013) – just taken over by AquaChile in September – Mario Montanari said the firm was maintaining its goal to produce 35,000 tonnes of farmed salmon in 2017, notably possibly thanks to the doubling of the number of licences in Chile’s southernmost Region XII. Continue reading Following AquaChile acquisition, Invermar remains focused on 35,000t target; Of Region I & Region XII yellowtail & salmon dual ambitions

CELTIC Voyager goes south… French fishing industry charters research vessel for Bay of Biscay nephrops grounds’ first underwater TV survey

The first underwater TV (UWTV) survey of the Bay of Biscay Nephrops grounds was carried out on the Irish RV Celtic Voyager from 20th -29th September. This was the furthest south that the Irish Celtic Voyager research vessel has been to at 45°55′N 2°22′W. Continue reading CELTIC Voyager goes south… French fishing industry charters research vessel for Bay of Biscay nephrops grounds’ first underwater TV survey

“Our greatest achievement thus far is our dramatically reduced FIFO ratio for fish oil & fish meal from the industry standard 4:1 to an industry low 1:1” – Verlasso

Continue reading “Our greatest achievement thus far is our dramatically reduced FIFO ratio for fish oil & fish meal from the industry standard 4:1 to an industry low 1:1” – Verlasso