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Aquaculture Business Newsletter, July

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20 July 2019

 
EuroTier Middle East

FOCUS

Behind inaccurate official statistics, China's faces production capacity constraints with a rapidly growing appetite. 2018's flat seafood export volumes and a 3.5% increase in revenues were checkmated by an 18% jump in imports volumes and 44% increase in expenditures. The resulting loss of seafood self-sufficiency is transforming China from a top exporter to world aquaculture's most important buyer.

Whether measured by its production, consumption or trade, China thoroughly dominates the world seafood industry, though its role is undergoing rapid transformation, with production dominance gradually giving way to a new role as top buyer and world price setter...

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MARKET ANALYSIS

Vietnam's shrimp exports to the EU are expected to get a big boost when he country's free trade agreement with the 28-nation bloc takes effect hopefully this year...

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NEWS

Veramaris has started commercial-scale deliveries from its Blair, Nebraska facility, marking a breakthrough in cultivating marine algae naturally rich in EPA and DHA omega-3 at an unprecedented scale...

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TECHNICAL PAPER

Trials were performed on 360 juvenile groupers with four treatment diets prepared by adding Zn equivalent of zinc sulphate (ZnSO4), zinc hydroxy sulphate (Zn4(OH)6SO4), zinc glycine chelate (Zn-Gly) or zinc hydroxy methionine analogue chelate (Zn-MHA) to a basal diet formulated based on Zn requirement of E. coioides...

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EVENTS

Events in the next 3 months

On August 14-15, TARS 2019, which is the ninth in the Aquaculture Roundtable Series, will open in Bali, Indonesia. It is the third time it is covering aquafeeds, following the two held in 2011 (the first in the series) and 2015. TARS is a platform to share new knowledge, deliberate on critical issues, and identify clear strategies to ensure a sustainable industry for the next generation.

We've picked nine other events slated within the next three months, including Aquaculture Taiwan Expo & Forum 2019, which will be held concurrently held with Livestock Taiwan Expo and Asia Agri-tech Expo & Forum at the Taipei Nangang Exhibition Centre.

TARS 2019 
August 14-15, 2019, Bali, Indonesi

Aqua Nor
August 20 - 23, 2019, Trondheim, Norway

International Conference on Aquaculture & Fisheries
August 22 - 23, 2019, Tokyo, Japan

26th Annual Practical Short Course on Aquaculture Feed Extrusion, Nutrition, & Feed Management
August 25 - 30, 2019, College Station, Texas

World Seafood Shanghai (14th Shanghai International Fisheries Seafood Exhibition; 14th Shanghai International Aquaculture Exhibition)
August 28 - 30, 2019, Shanghai, China

8th International Seaweed Conference
Sept. 22 - 26, 2019, Ostend, Belgium

12th Global Summit on Aquaculture & Fisheries
September 27 - 28, 2019, Hong Kong

Aquaculture Europe 2019
October 7 - 10, 2019, Berlin, Germany 

GOAL 2019 Conference
October 21 - 24, 2019, Chennai, India

Aquaculture Taiwan Expo & Forum 2019
October 31 - November 2, 2019, Taipei, Taiwan

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CORPORATE NEWS

A BREAKTHROUGH
Veramaris starts commercial delivery of algal oil from US facility

Veramaris has started commercial-scale deliveries from its Blair, Nebraska facility, marking a breakthrough in the cultivation of marine algae that is naturally rich in EPA and DHA omega-3.

BIOSIPEC
ADM launches innovative and intensive shrimp farming concept in Asia

ADM Animal Nutrition, part of Archer Daniels Midland Company, launched BIOSIPEC in Asia, a comprehensive solution for intensive shrimp production based on innovative techniques involving feeding, biosecurity, water treatment, aeration system and digitization at the Asian-Pacific Aquaculture 2019 in Chennai, India in June. 

2 COMPANIES FROM NORWAY, 1 FROM UK
3 finalists for Nor-Fishing Foundation Innovation Award 2019 bared

The Nor-Fishing Foundation Innovation Award 2019 has received a total of 30 applications this year, which is a record number, and three finalists have been chosen.

ENDS 10-YEAR PARTNERSHIP WITH AQUACHILE
BioMar completes acquisition of Chilean fish feed facility

Danish aquaculture feed maker BioMar Group now fully owns the Chilean factory Alitec Pargua after it has acquired the 50% shares of AquaChile, with which it had formed a joint venture to operate the fish-feed facility.

REDUCING ENVIRONMENTAL FOOTPRINT IN CHINA 
BioMar, Chinese trout producer sign fish feed supply agreement 

A Chinese delegation led by Yan Jinhai, the vice governor of Qinghai Province witnessed the signing in Denmark of a cooperation agreement between BioMar and Minze Long Yang Xia, the largest trout farmer in China, to supply high-performance fish feed with almost half the environmental footprint compared to local Chinese feed. 

INVE Aquaculture marks 35th anniversary with new leadership
Born from a spin-off of Ghent University in 1983, INVE-Benchmark Advanced Nutrition recently celebrated its 35 years of service to global aquaculture. 

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INDUSTRY NEWS

From 1950 to 2017, 608 species items-which include algae seaweeds-were recorded under the Aquatic Sciences and Fisheries Information System list of aquatic species that have been farmed in global aquaculture. By 1990 this dropped to 254. Seventeen years later, or as of 2017, the number of species items farmed grew by over 100 to 424, giving consumers much more choices of farmed aquatic species to avail of today.

MORE CHOICES OF SEAFOOD TODAY
Whiteleg shrimp, Atlantic salmon world's top seafood favorites

Consumers have so much more choices of farmed aquatic species to avail of today than over 17 years ago, according to the latest global aquaculture production statistics contained in a report on the "top 10 species groups in global aquaculture 2017" and released on July 1 by the UN Food and Agriculture Organisation.

SLIGHT GROWTH SEEN IN 2019-20
Fish meal production slows in face of competition from soy meal

Global production and exports of fish meal, a key ingredient in the manufacture of feed for farm-raised fish, are expected to rise only slightly in marketing year 2019-20 as it continues to face competition from soy meal as an alternative and cheaper protein source.

TO MITIGATE CHINA TARIFF IMPACTS
Government financial aid urged for Maine's lobster industry 

Four legislators from Maine, USA, urged the US Department of Agriculture to include significant funding for Maine's lobster industry as the Department finalises its aid package for agricultural producers affected by China's retaliatory tariffs.
 

LOWEST MONTHLY TOTAL SINCE OCTOBER 2001
Seafood entry line refusals by US in June at historic low 
 
The US Food and Drug Administration (FDA) reported refusing a total of just 55 seafood entry lines in June. This represents, by a significant margin, the lowest monthly total of seafood entry line refusals for any month going back to October 2001, the first month for which data are reported on the FDA's website. 

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This newsletter is supported by:

BASF
XJ Bio
Andritz
Eurotier
Eurotier
 
 
 
 

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