The approval of plans to establish the first commercial red drum RAS facility in the US could mark the beginning of a brave new world for a species that was once a seafood staple in the States, as Megan Sorby, founder of Pine Island Redfish, explains.
Shrimp farmers should be braced for six months that are even more testing than 2023, with prices hitting a 20 year low, while salmon farmers will continue to be highly profitable, according to Rabobank’s newly published report covering H1 2024.
Moses Njoku Uwa is the founder and managing director of St Mosco FeedNation, the largest fish farming company in southeast Nigeria, which produces 560 tonnes of African catfish from 100 earth ponds each year.
While the slow intensification of shrimp farming appears to be working in Latin America, Ecuadorian producers should be wary of the Asian example, where even heavy investments in new technologies have failed to counter problems caused by historic overstocking.…
Frank Foolen, general manager of leading Dutch catfish producer Claresse, explains how his family’s self-taught approach and long-term commitment have helped to create a successful and profitable RAS operation.
Jennifer Bushman senses encouraging trends in investment and innovation in – as well as acceptance of – aquaculture, but adds that challenges include the urgent need for the salmon farming industry to work together to address ongoing environmental issues.
The Asian shrimp market has had its fair share of negative news throughout 2023, but Rizky Darmawan, CEO at Delta Marine Group, in Indonesia, offers a glimmer of hope as he reflects on the year.
Investment in seaweed production – not processing – urgently needs to be prioritised, according to leading industry analyst and Phyconomy founder Steven Hermans.
The last 12 months have proved testing for Malaysia’s shrimp and crab farmers, with a number of new entrants going out of business, but a pivot towards the live market has provided a lifeline for Yit Tung, founder of RAS Aquaculture.
Despite a challenging year for the majority of the world’s shrimp farmers, Willem van der Pijl notes that a number of positives to have emerged over the last 12 months, which could help to strengthen the sector’s long-term resilience.
Professor Kevin Fitzsimmons believes that there are plenty of positives to be taken from the last 12 months in aquaculture and has an optimistic outlook for the sector in 2024 – but mention the fisheries and marine ingredients lobbies to him at your peril.
GreenWave – a non-profit co-founded by Bren Smith in 2014 – recently launched a new app called Seaweed Source to facilitate forward contracts and build value chain relationships between growers and buyers in the North American seaweed sector.
China’s shift towards an increasingly Western pattern of seafood production and consumption – one that relies on imports from countries with greater natural capital per capita – appears to be gaining momentum.
Although Venezuela has the unfortunate distinction of being one of the hardest countries in the world to do business in, Grupo Lamar is on course to reach 100,000 tonnes of shrimp production next year, offering a ray of economic hope for the struggling nation.…
Ecuador’s meteoric growth in shrimp production shows no sign of slowing down – despite the decline in global shrimp prices – according to one of the sector’s leading analysts.
Plans to replicate a successful pilot programme in Uganda, which involves the creation of aquaculture hubs that provide a cluster of local farmers with a market and also key inputs, are gaining momentum, following the formation of a new partnership.
Femi Ilesanmi Eniola is the founder and CEO of Osky Catfish, a vertically integrated company that produces 30 million catfish fry, has 80 grow out cages and does its own training, processing and exporting.
A new report on the most exciting emerging market opportunities in the seaweed sector – which has been compiled for the World Bank by Hatch Innovation Services – has recently been published.
The Zimbabwe government has embarked on an ambitious aquaculture programme that it says will address food insecurity, unemployment and income generation – but critics have labelled it a “vanity project.”
