March 2018 Issue 302

www.iffo.net

2 ¦ IFFO UPDATE ¦ MARCH 2018

IFFO NEWS

INDUSTRY NEWS

3 Editorial

IFFO Members’ Meeting: Don’t miss your Early Bird registration

New IFFO applicant members

4 IFFO’s Neil Auchterlonie starts column for International Aquafeed

5 The Relevance of the Application of Metrics to Marine Ingredient use in Aquafeeds

7 IFFO’s Andrew Mallison responds to National Geographic article

8 Research reveals huge potential in the strategic use of by-products in Scottish salmon industry

9 New IFFO position paper: United Nations Sustainable Development Goals (SDG's)

10 Update on GAA and IFFO’s South East Asia Fishmeal project

Insights from GOED Exchange 2018

11 EFSA publishes two assessments of decontamination processes for PCBs and Dioxins

19 Calendar

12 China’s fishmeal imports hit 12-year high

Satellite tracking ‘opens unprecedented gateway for ocean management’

13 Thailand details latest anti-IUU measures

14 Incorrect statistics create 'false impression' of global increase in fish catch

Mexico and Peru strengthen technical cooperation in fisheries and aquaculture

15 Chile: Fisheries, aquaculture production grew more than 20%

16 News in Brief

CONTENTS

Last month I took the difficult decision to

accept another job offer and resign as

Director General of IFFO. Difficult as I have

made many friends in an industry I knew

only a little about when I joined IFFO in 2011

and the IFFO team are an outstanding group

of people. One of my colleagues was

surprised I was leaving “so quickly” and it

does seem as though seven years have

passed in the blink of an eye.

When I look back over this time, my feeling

is one of catching a wave. When I joined, the industry was embracing

sustainability, the recently launched IFFO RS scheme was attracting a lot

of attention, and it seemed a good time to start talking about our

products with some pride. It also seemed time to move on from the old

fashioned fishmeal and fish oil trade with its associated image of bulk,

commodity products, piled on quaysides in the open air like grit for

roads. I remember an early brainstorming session in London coming up

with the term “marine ingredients” as a more modern and accurate

(considering it now included krill, squid and other meals) description.

IFFO itself also needed a facelift. Despite a long and respectable history, it

had been through difficult times, membership had flat-lined for the

previous ten years and the image of the organisation needed an update.

Graphic designers gave us ideas for a new look and a proposal went to

the IFFO board to rename IFFO as the Marine Ingredient Organisation.

Out of respect for the history of the organisation, the board decided to

retain the IFFO name but marine ingredients were now definitely part of

our language and I was pleased to see sometime later the Danish

association took up the name Marine Ingredients Denmark.

Since 2011, membership is up by 35% and there are 25% more

countries in the IFFO network. Our financial reserves are improved and it

feels good to know IFFO is in a better shape than when I joined. Of

course, this is not my achievement and credit should go to many people

– including my predecessor, Jonathan Shepherd, who mended the

organisations’ fractures and passed to me a sound base on which to

build, the IFFO board of directors, the IFFO team and the members

themselves.

My task now is to help find a replacement and hand over the key to the

executive washroom (there is no executive washroom) – we will be

advertising in the trade press but any suggestions or direct applications

are welcome.

Finally, a reminder about the 2018 Members Meeting in Miami – we

had a record attendance at last years’ meeting so don’t delay in

registering. Full details are on our website.

Andrew Mallison

Director General

EDITORIAL

MARCH 2018 ¦ IFFO UPDATE ¦ 3

IFFO Members’ Meeting: Don’t miss your Early Bird registration

Monday 9 April - IFFO Management Board meeting

Tuesday 10 - Wednesday 11 April - IFFO Members' Meeting

To date 91 delegates have registered from 19 countries and a

pdf list is available via www.iffoevents.com/files/iffo/

DelegatesList-Public.pdf. As a reminder the deadline for

ACCOMMODATION and EARLY BIRD registration is Friday 9th

March and rooms are available on a first-come first-served

basis, but subject to availability. We therefore recommend

that you register as soon as possible.

For more information on agendas, venue and registration go

to www.iffoevents.com, or if you are interested in sponsorship

then please contact secretariat@iffo.net.

We look forward to seeing you in Miami.

Country Company Category

UK JG Pears Newark Ltd Premium

New IFFO applicant members

(awaiting Board approval in April)

IFFO NEWS

4 ¦ IFFO UPDATE ¦ MARCH 2018

Starting February 2018, Dr

Auchterlonie will be

representing IFFO in a

monthly column in

International Aquafeed.

He commented on the

new endeavour, “IFFO is

very grateful for the

platform to provide a

regular contribution on

fishmeal and fish oil in

International Aquafeed. It

is an opportunity to

provide insights from the

fishmeal and fish oil

industry and join

discussions on aquafeed ingredients.”

Can you tell us about your history in Aquaculture and your

desire to specialise in it?

For someone with an interest in aquatic biology, as well as a

love of the outdoors, aquaculture is an ideal career. It is also an

opportunity to be involved with the production of high value,

high quality, farmed seafood, and it is intellectually stimulating

to be involved with a young innovative food sector.

The fact that aquaculture continues to grow in importance for

global food security, and that fed aquaculture species are an

efficient way of producing protein, makes it straightforward to

understand the importance of everyone’s role in this great

industry.

Would you recommend technical expertise or sustained

academia for young professionals interested in the industry?

Aquaculture is certainly a very technical industry, and a detailed

understanding of the biology of the farmed species as well as

the aquatic environment are at least a foundation for a career

in the sector.

That is not to say that an academic background is essential, as

for many jobs the practical experience of working on fish and

shellfish farms is equally important. For anyone interested in

coming into the industry my suggestion would be to gain

practical work experience in the first instance, not least to

experience working outdoors in an aquatic environment

throughout all four seasons and understand the demands on

the body and mind that come with that. Many people like the

challenge, but it isn’t for everyone.

Why do you believe it’s important to challenge the opinion that

‘insect meal’ or ‘plant-based’ diets are the way forward in

comparison to traditional fishmeal?

Firstly, it is important to get the message across that fishmeal

and fish oil are highly nutritious, sustainable, essential

ingredients for aquafeeds. There are developments in the novel

ingredients sector, and even in the established alternatives (e.g.

soya certification). IFFO recognises the need for an increasing

volume of ingredients for aquafeed to satisfy the demand of a

growing aquaculture sector.

On occasion, some of the messaging around the alternatives

has been a little misleading, for example sometimes including

reference to the sustainability of fishmeal and the environmen-

tal impact of the reduction fisheries, and IFFO will challenge

these statements, as they are not based on fact.

The environmental impact of the terrestrial ingredients is often

assumed to be less than fishmeal, but that is not always the

case when a range of parameters is analysed. Similarly, the

nutritional profiles of these ingredients vary, and it is important

to recognise that there is no straightforward substitute for

fishmeal because of the profile it carries. Many of the

micronutrients provided by fishmeal require supplementation

where fishmeal inclusion rates have declined, and that may be

costly and also carry different environmental impacts. It really is

a very complex story, which is being oversimplified in the

media.

One of the IFFO mission statements states “Protects and

improves the image of the industry; promoting high standards of

ethics, governance and respect for the environment.” – How can

the industry work together to achieve this?

IFFO as the fishmeal and fish oil industry trade body is really the

vehicle for this work, which is why it is written into our vision

statement. The industry has made much progress over time,

and nowhere is that more apparent than the development,

implementation and success of the IFFO Responsible Supply

scheme. IFFO RS-certified product accounted for an estimated

49% of global fishmeal supply in 2017, a proportional industry

figure well in excess of other aquafeed ingredients.

How have you seen IFFO grow and change in its practices since

you started your role?

As an organisation, IFFO has always invested in scientific and

technical projects, and data and information are critical to

developing successful strategies for the industry. The subject

matter is very wide-ranging, covering fisheries management,

IFFO’s Neil Auchterlonie starts column for International Aquafeed

MARCH 2018 ¦ IFFO UPDATE ¦ 5

IFFO NEWS

marine environmental science, climate change, fish and animal

nutrition, and even human health (when looking at the benefits

of long chain omega-3 fatty acids).

In many ways I am just the caretaker of the work previously

undertaken by my predecessors in the role such as Dr Andy

Jackson, and Dr Ian Pike, so what you see is a continuation of

the evidence-based approach that IFFO has always adopted.

IFFO has always been proactive in joining conversations on key

issues, and with Andrew Mallison (IFFO Director General) and

the IFFO board we have identified areas where there may be

knowledge gaps that require addressing. That process will help

inform strategy for the next few years.

The IFFO RS Standard is a leading standard in the certification of

marine ingredients – do you think it’s important that all

companies strive to achieve this?

IFFO RS continues to grow over time and has been very

successful for the fishmeal industry.

The recent development of v2.0 is evidence for continual

improvement, and the standard brings into the supply chain

some confidence for a responsibly produced product in a B2B

scheme. IFFO RS also manages a Chain of Custody standard,

which helps to extend that confidence through the supply

chain. With an increasing adoption of independently certified

schemes in the seafood sector, and the importance of that

approach widely recognised, IFFO RS covers a key point at an

early stage in the supply chain for aquaculture.

What makes IFFO stand out as a governing body in aquaculture?

IFFO represents a sector that is the foundation for modern fed

aquaculture. Without the fishmeal and fish oil that constituted

the majority of the early aquafeeds, the technological

development in other areas such as engineering and health

would have been restricted. Providing ingredients for diets that

met nutritional needs of farmed species but without the

scientific body of knowledge at that time, facilitated industry

development.

Now that fishmeal and fish oil are more strategic ingredients

rather than commodities, they have an even more important

role to play in meeting nutritional needs at key production

stages in juvenile feeds, broodstock diets, etc.

In the role of representing that perspective, IFFO’s position in

global aquaculture industry influence is secure.

The Relevance of the Application of Metrics to Marine Ingredient use in Aquafeeds

Article by Dr Neil Auchterlonie, published in International Aquafeed, February edition

Introduction

As is the case for the aquaculture industry itself, the marine ingredients industry has been the focus of attention on its use of forage fish stocks as raw material for aquafeed ingredients. In an effort to adopt some method for accounting for the volumes of whole fish being used in fishmeal and fish oil production, metrics have been proposed for calculating the use of wild fish in aquaculture production. Within that approach the Fish In: Fish Out (FIFO) ratio, and, with possibly less emphasis, the Forage Fish Dependency Ratio (FFDR) are to the fore. Although at least one group of authors has challenged the use of FIFO on the basis that it is unclear whether it is an ecological, or an ethical indicator of fish resource use (Taylor et al., 2011), the stories behind these acronyms have long become an accepted way of looking at the fishmeal, aquafeed and aquaculture industries’ environmental performances. Behind that acceptance there has been rather little discussion and debate over the usefulness of the application of the concept. It seems straightforward to assume that a consideration of the amount of wild fish used in the

production of farmed fish would be a true reflection of environmental sustainability, but is that really correct?

Nutritional contributions

Fishmeal is a nutritionally complete ingredient for carnivorous fish species. This is a fact that should be unsurprising given the evolution with, and adaptation of, the carnivorous species to a piscivorous diet. The nutritional benefits are well documented and include for example: high relative digestibility, excellent amino acid profiles and few issues with anti-nutritional factors (Lane, et al., 2014) as well as being rich in certain vitamins (e.g. A, B-group and D) and minerals (e.g. Ca, P, Fe, Zn, Se, I) (Olsen & Hasan, 2012). All these nutrients are known to benefit physiology not only from the perspective of growth (obviously a key consideration in aquaculture production systems), but also from the perspective of fish health, and the nutritional composition of the end product. As IFFO has argued previously (Auchterlonie, 2016), modern fed aquaculture is successful partly by virtue of the foundation that fishmeal and fish oil provided in nutritionally complete diets for carnivorous species (e.g. salmon, shrimp) in the early years, freeing up the industry to make the advances in systems technology and health which have been so important to its progress.

IFFO NEWS

6 ¦ IFFO UPDATE ¦ MARCH 2018

More fish, more feed

Aquaculture is the fastest growing protein sector and although that rate of growth was estimated by the FAO estimated to decline to 5.8% (over 2005-2014) from 7.2% (over 1995-2004) (Food and Agriculture Organisation, 2016), its contribution to food security is significant, and it is one of the few protein sectors showing growth. Although all that growth is not supported entirely from the fed species (it also includes contributions from shellfish and seaweed cultivation for instance), fed species are considered to be about half of the total but increasing at a faster rate relative to the unfed species (Food and Agriculture Organisation, 2016). With that growth comes an obvious increasing need for feed volume. A finite supply of fishmeal and fish oil every year is set against a background of increasing feed supply, as has been pointed out by authors such as Fry et al., (2016), showing predicted growth between 2000 and 2020 (Fig.1.). It is clear that the early feeds would have to change in composition to meet the growing demand, as there just wasn’t enough fishmeal and fish oil to continue to manufacture diets with the early formulations.

Fig.1. Predicted requirement for aquafeed 2000-2020, from Fry et al., (2016)

The aquafeed industry has consistently substituted some of the fishmeal and fish oil in feeds for salmon and other farmed species over time. This has been recognised as a response to

the availability of the marine ingredients (Ytrestøyl, Aas, & Åsgård, 2015), which is especially an issue during years where there are reductions in supply such as when there may be an El Niňo event in the Pacific Ocean. The feed industry sought ways to dampen the peaks and troughs attached to ingredient supply through the provision of alternative ingredients. That decline in use has been catalogued in the scientific literature occasionally (Ibid.), although much of the work to achieve those reductions is a result of those feed companies’ long-term investment in research, and so is by definition commercial information. With all that effort, it actually seems that for many fish species marine ingredient substitution has a lower limit based on current feed technology, and may occur down only as far as a threshold level because of the specific nutritional attributes of fishmeal and fish oil, viewed against the nutritional needs of those species. In some instances we may be very close to those thresholds such as in, for example, fish oil inclusions in grower diets for salmon (Sprague, Dick, & Tocher, 2016). In other species there is also an acknowledge-ment of the role that fishmeal plays in palatability of feeds (Glencross et al., 2016), an often overlooked characteristic of this ingredient, and perhaps increasingly important when viewed in the context of continuing increasing partial replacement by commodity protein ingredients. Substitution of ingredients as nutritionally complex as fishmeal and fish oil is not straightforward.

FIFO Numbers

IFFO has been tracking the FIFO ratio in fed aquaculture since 2000. Figures for 2000 were calculated by IFFO using the FAO production data and the IFFO annual estimates, updated in 2010 and a further recent calculation made using the 2015 data. These comparisons are presented in Fig.2., below. Not unexpectedly, these figures show a declining trend – the background of increased aquaculture production, an increased volume of feed set against a finite supply of fishmeal and fish oil makes this no surprise...read more

MARCH 2018 ¦ IFFO UPDATE ¦ 7

IFFO NEWS

IFFO’s Andrew Mallison responds to National Geographic article

Following an article published in National Geographic, I would

like to address a few points on behalf of IFFO, The Marine

Ingredients Organisation. The article titled ‘Why Salmon Eating

Insects Instead of Fish Is Better for Environment’, published on

5th February 2018, discusses fishmeal and fish oil replacement

in salmon feed by a Netherlands based company but quotes

information that is both out-of-date and incorrect. Although we

agree with the need for additional feed options in aquaculture

to ensure the growth of this vital industry, the total

replacement of fishmeal and fish oil, as called for in this article,

is unjustified and damaging to the fish farming industry.

The practice of feeding fish to fish is labelled as both inefficient

and unsustainable in the article, but I would argue that

responsibly sourced and used strategically, fishmeal and fish oil

are both an efficient and sustainable feed choice. The growing

management of wild capture fisheries has ensured that in

recent years stocks are in fact steady and not declining (UN

FAO State of World Fisheries and Aquaculture 2016). While

catches of some small pelagic species used to produce fishmeal

and fish oil are volatile, this is due to environmental fluctuation

with permitted catches being varied in line with biomass

abundance to protect the stocks. These small pelagic species

are often not as palatable, spoil quickly and are less popular

compared to other local fish, but can be turned into highly

nutritious feed. Further evidence of sustainability in the

production of marine ingredients is that over 45% of the global

production of fishmeal and fish oil is now independently

certified as being safe and environmentally responsible,

including in its sourcing of raw materials, a figure that far

exceeds any other source of feed ingredient.

Regarding the efficiency of the use of fishmeal and fish oil, our

latest FIFO ((Fish In:Fish Out ratios) using 2015 data show a

conversion rate of 1kg of wild fish used in feed creates 1.22kg

of farmed salmon, demonstrating that farmed salmon now

produce globally more consumable protein than is used in feed.

This ratio is significantly lower than the out-of-date figures

quoted in the article and shows how fishmeal and fish oil are

now being more strategically used at key points in aquaculture

production cycles with a trend towards optimising their

nutritional contributions. In fact, looking at the FIFO ratio

misses the rationale for the inclusion of fishmeal and fish oil in

feeds as their contribution to growth and health of farmed fish

goes well beyond the supply of mere protein and energy.

Many fed farmed fish species have evolved to digest fish

protein and much of the modern fish farming industry has been

built on feeds using fish based ingredients. An increasing

amount (currently 35%) of fishmeal is produced from recycled

by-product and waste from fish processing. Fishmeal and fish

oil are rich in many of the micronutrients that are required for

health, many of which are classed as essential. Even reducing

levels of fishmeal in feeds has resulted in feed companies

having to supplement with specific materials that are both

costly produce, and carry their own environmental impacts.

Removing fishmeal as an ingredient to feed could therefore

compromise the health of the fish and close an environmentally

friendly way of recycling waste products. Production of marine

ingredients like fishmeal and fish oil do not require the same

levels of fresh water for irrigation, treatment with agricultural

chemicals such as fertilisers and pesticides, or use land needed

to grow crops. While insect meal may be a theoretical

alternative, the production of the millions of tonnes needed to

replace fishmeal is currently not viable. When it is clear that the

amount of fishmeal and fish oil is not sufficient to meet the

growing demand for feed manufacture and, in the best

interests of the fish farming industry, the raw material sources

for feed should be maximised, it makes little sense to exclude

these valuable, responsibly sourced and highly effective

ingredients. Although not such a punchy selling message, the

reality is that there is an opportunity for alternative ingredients

like insect meal without needing to displace fishmeal.

Press clippings include:

Feed Navigator - Protix is launching the first insect fed

salmon brand

Seafood Source - IFFO responds to “unjustified and

damaging” criticism of aquaculture’s fishmeal, fish oil use

Undercurrent News - IFFO responds to ‘damaging’ National

Geographic article ...plus many more here.

8 ¦ IFFO UPDATE ¦ MARCH 2018

Researchers have found that by-products in Scottish salmon

farming are generally well utilised, but total by-product value

output could be improved by 803% (£23.7 million), based on

2015 figures, adding 5.5% value to the salmon industry. Led by

Julien Stevens, researchers from the University of Stirling’s

Institute of Aquaculture and University of Massachusetts at

Boston have recently published research funded by IFFO, The

Marine Ingredients Organisation. The research investigated

how value could be added to aquaculture through better

utilisation of by-products, by maximising edible yields and

better separation at the processing stage, looking at the

Scottish salmon farming industry as a case study.

The terrestrial livestock processing industry has long been able

to separate by-products to maximise value and efficient

utilisation, and this research sought to identify the best

markets for salmon processing by-products in the same

way. For finfish, by-products typically include trimmings, skins,

heads, frames (bones with attached flesh), viscera (guts) and

blood. Far from being ‘waste’, marine by-products are a

potentially important resource, being known to contain

valuable nutrients such as minerals, vitamins, protein and lipid

fractions (especially important long chain omega-3 fatty acids)

which can support further processing into a range of products

and markets.

By exploiting all high value by-product types (heads, frames,

trimmings and belly flaps) for existing domestic and export

food markets, the authors demonstrated the potential for a

total increase of 803% (£23.7 million) in the total by-product

value output for 2015 adding 5.5% value to the salmon

industry. By directing 77% of the annual whole fish production

towards human consumption, combining primary products

(54% yield) with the maximum potential by-product food yield

(~ 23%). This results in 132,171 tonnes of food. The remaining

by-products, minus blood water (4.3%), are then utilised in the

important production of fishmeal and fish oil, and subsequent-

ly used in aquafeed for farm raised marine species. In this

example, accounting for that material in feed for European

seabass and gilthead seabream, would result in 148,691

tonnes of total edible yield compared to the original

production of 92,081 tonnes of salmon.

The authors also commented on how current Fish in: Fish out

(FI:FO) models do not adequately take into account how finfish

are utilised and therefore the efficiency of marine ingredients

utilisation in aquafeeds. IFFO’s Dr Neil Auchterlonie noted

that “current research highlights that FI:FO calculations tend to

be simplistic, nether taking into account the nutritional

contributions from fishmeal and fish oil beyond protein and

energy, nor do they account for the end product other than the

edible portion. FIFO ratios have therefore tended to

underestimate the contributions from fishmeal and fish oil.”

In conclusion, lead author Julien Stevens noted “we hope this

research facilitates improvements, there is a need for further

infrastructure investment and policy support to incentivise

resource efficiency, along with greater transparency on the

current uses of by-products within the sector.”

Read the full paper here: “The rise of aquaculture by-products:

Increasing food production, value, and sustainability through

strategic utilisation”

Press clippings included:

Undercurrent News - Salmon by-products could generate £23m extra for Scottish industry

The Fish Site - Don’t bypass the value of aquaculture by-products

Aquafeed - Study finds strategic use of salmon by-products can add value and sustainability to industry

FIS - Better use of by-products could increase value of Scottish salmon industry

Fish Update - Salmon by-products could add more value Fish Farming Expert - By-products industry missing out on millions

Research reveals huge potential in the strategic use of by-products in Scottish salmon industry

IFFO NEWS

FEBRUARY 2018 ¦ IFFO UPDATE ¦ 9

New IFFO position paper: United Nations Sustainable Development Goals (SDG's)

Guidance for IFFO members –

January 2018

The seventeen UN Sustainable

Development Goals (SDGs)

were proposed at the United

Nations Conference on

Sustainable Development in

Rio de Janeiro in 2012 to meet

the urgent environmental,

political and economic

challenges facing the world.

The SDG’s built on the

Millenniums Development

Goals from 2000 to tackle

poverty and can be

summarised in the following

graphic.

This structure was agreed in 2015 and implemented in 2016.

The most directly linked SDG to our industry is no. 14, Life

Under Water, although there are also connections to 2, 3, 8,

12 and 13. See below for more details.

Each SDG has been broken into a number of categories for

action, a structure developed by the Inter-Agency and Expert

Group on SDG Indicators (IAEG-SDGs) and agreed to, as a

practical starting point at the 47th session of the UN Statistical

Commission held in March 2016. In the case of SDG 14, there

are ten individual targets with corresponding indicators.

Member states and intergovernmental organisations are

working on delivering these goals and are seeking commit-

ments and support from the private sector. An example would

be IFFO member Cargill’s commitment and a UN Oceans

Conference held in New York from 5th – 9th June 2017. Further

events are expected e.g. Sustainable Oceans Summit in Halifax,

Canada, from 29th November 2017.

Relevance for IFFO members and the Marine Ingredients (MI)

industry

The SDG’s are structured to allow specific commitments from

stakeholders, with progress being against a common set of

goals that allows comparison between different companies

and other groups.

IFFO Members are already referencing the SDG’s. As well as

the commitment by Cargill mentioned above, and their CSR

report, the 2016 Nutreco Sustainability Report has been

restructured to adopt the SDG framework, allowing a better

understanding of the company sustainability strategy.

With the increased competition from alternative feed

ingredients, it is important that marine origin ingredients offer

as many benefits to their users as possible. Demonstrating

where MI’s are contributing to the sustainable development

goals is an opportunity to add value and support customers in

their own sustainability strategies. This should be seen as a

base from which to consider further commitments.

The table in Appendix 1 takes each SDG and considers what

contribution the Marine Ingredient industry might make.

Contributions can be direct at the level of the MI industry, or

indirect via the aquaculture sector given marine ingredients

are an essential part of many aquaculture feeds.

What are other fish sectors doing?

There is little public information on the websites of GAA, NFI or

other trade bodies but as this cuts across all fishing and fish

farming, there is a need for some joined up action. IFFO are

exploring opportunities with partner organisations.

To read the full document with opportunities for action visit

http://www.iffo.net/united-nations-sustainable-development-

goals-sdgs

IFFO NEWS

10 ¦ IFFO UPDATE ¦ MARCH 2018

Update on GAA and IFFO’s South East Asia Fishmeal project

A project to improve the understanding of fisheries of South

East Asia supplying raw material for fishmeal production has

completed the first six months of data gathering and has made

contact with government agencies and businesses. Jointly

funded by the Global Aquaculture Alliance (GAA) and IFFO, the

Marine Ingredients Organisation, the project lead Duncan

Leadbitter (Fish Matter Pty) has produced a series of draft

internal reports for the two funding bodies with the aim to

have a public report ready by the end of the year. After six

months of data gathering, using both publically available

information and in-country sources, such as the Thai Fish Meal

Association and a Vietnamese consulting company, Kim Delta.

As a major producer of fishmeal, fishing practices in South East

Asia have been criticised in recent years for overfishing. This

collaboration between IFFO and GAA will build more contacts

in the region and provide a detailed overview of raw materials

in Thailand and Vietnam to identify any issues and ensure a

pathway for responsible supply, based on seeking improve-

ments in management. A video giving an overview of the

project by Duncan Leadbitter is now available on the IFFO

website.

“The fishmeal and fish oil sector has had a long history of

seeking to ensure that the fish used for reduction are from

responsible sources. The Responsible Sourcing program is well

developed and has been extended to facilitate the development

of Fishery Improvement Projects. The fisheries in tropical Asia

are quite different from those that supply fishmeal in other

parts of the world and this has required some new approaches

which are in development. We want to see industry’s

leadership role expanded to help ensure that fisheries are

responsibly managed wherever in the world they occur.”

Duncan Leadbitter, Fish Matter Pty (Project lead)

“As a global organisation with members in South East Asia,

IFFO has a responsibility to ensure that the industry continues

to move forward in creating a wholly sustainable supply chain.

We also hope that this project expands our already growing

network while also increasing membership in this region.”

Neil Auchterlonie, IFFO (Project funder)

“Fishmeal and oil are globally traded commodities and global

standards have a key role in driving the demand for products

from responsibly managed fisheries. Aquaculture feed is driving

an industry that now produces the bulk of global seafood and,

where farming is dependent on wild sources of fish for fishmeal

and oil, the industry has a responsibility to ensure that supplies

are managed for long term production”.

Melanie Siggs, GAA (Project funder)

Press clippings include:

Undercurrent News - Initial work completed on GAA, IFFO

fishmeal project in SE Asia

Aquaculture Directory - Update on GAA and IFFO’s South

East Asia Fishmeal project

The Fish Site - South East Asian fishmeal project gains

momentum

Seafood News - GAA, IFFO Provide Update on South East

Asia Fishmeal Project

Interfaith - GAA, IFFO fishmeal sourcing project gains

momentum

Aquafeed - GAA and IFFO’s South East Asia Fishmeal project

completes initial data collection

IFFO NEWS

Insights from GOED Exchange 2018

Neil Auchterlonie attended the 2018 GOED Exchange in Seattle

over 6th to the 8th February. The event was held in the

Benaroya Hall, famous for being the home of the Seattle

Symphony Orchestra. This proved to be an apt venue as the

rather unique keynote given by Robert van Arlen on day 1 had

the audience playing music via percussion as a means of

emphasising the importance of rhythm and harmony in

seafood industry leadership! The GOED team has developed

some incredible leadership-focused guests and presentations

at these events, and this was no exception in terms of getting

the audience to look at their businesses from a different

perspective. The event was opened with a welcome address

from the GOED Executive Director, Adam Ismail, with a “Future

is Ours” theme for the omega-3 segment. The afternoon

opening session closed with a discussion on omega-3

influencers, and the best way to develop messages for current

and future customers. There was an interesting analysis of

healthcare personnel (HCP) as influencers by Ellen Schutt in

this segment, a look at dieticians as influencers by Elana Natker

of Sageleaf Communications, as well as an overview of the

emerging China market by Jeff Crowther of Health Products

Association, China.

MARCH 2018 ¦ IFFO UPDATE ¦ 11

IFFO NEWS

The second day was very much focused on the emerging

science with the first two sessions devoted to controversies,

and the afternoon dealing with regulation, contaminants and

sustainability, rounded off with a discussion on GMO omega-3s.

some of the more interesting points raised related to the

bioavailability of omega-3s following consumption and the

possibility of managing this in order to improve the efficiency of

uptake. The timing of consumption, relating to the factors such

as the presence of other materials in the gut for example, has

the potential to affect uptake, and hence efficiency of

absorption in the gut lumen. Particular foods may help to

promote absorption (e.g. blackberries were mentioned in this

regard), whilst others may reduce this (e.g. foods with high fat

levels). There was also excellent summaries of the importance

of emulsifiers and formulations in managing uptake. Critical in

extracting meaningful data in all this work is the experimental

design, and there was consistent reference to individual studies

and how they were constructed. The use of meta-data studies

to examine the effects of omega-3 consumption is now wide

spread, and GOED themselves have adopted the approach.

This is generally a powerful technique for determining at least a

correlation between consumption and various health

outcomes. In relation to contaminants there was an excellent

presentation on the potential toxicity of oxidised products

(oils), and an interesting perspective on the omega-3 benefits

arising from the epoxide metabolites of omega-3 fatty acids,

rather than the molecules themselves. The GOED staff were

active in this session with Dr Harry Rice providing an update on

meta-analyses relating to omega-3s and heart health, and Dr

Aldo Bernasconi providing a market update.

A superb session on communicating science called “Trust and

the Media” referred to many of the difficulties in the “post-

truth” age of engaging with the general public as a technical or

scientific expert. It is clear that across all the institutions, be

they NGOs, business, the media or government, trust has

declined over time. This is a critically important point when

communicating science, and how the messages are managed.

The suggestion was for a movement from monologue to

dialogue (i.e. from communicating to the public towards

communicating with the public).

Adam Ismail chaired a short session looking at the case for

omega-3 concentrates being classified as dietary ingredients,

which is open to know in relation to omega-3 concentrated

products being classified as dietary supplements. The

conference was wrapped up with another unusual guest and

very stimulating presentation on innovation by the Director of

the Nike Innovation team! Adam Ismail closed the conference

with a poignant address with this his last event at GOED before

he moves on to his new role.

All in all, an interesting, thought-provoking and informative

event, and well worth attending!

EFSA publishes two assessments of decontamination processes for PCBs and Dioxins

Members may wish to be aware that the European Food

Safety Authority has recently published two Scientific Opinion

entries in the EFSA journal relating to fishmeal. These are both

assessments of decontamination processes for PCBs and

Dioxins, and may be found here: http://

onlinelibrary.wiley.com/doi/10.2903/j.efsa.2018.5173/

abstract?campaign=woletoc and here: http://

onlinelibrary.wiley.com/doi/10.2903/j.efsa.2018.5174/

abstract?campaign=woletoc. IFFO was not involved in the

process, but if you have any queries regarding the documents,

and the information provided, please do not hesitate to

contact us.

12 ¦ IFFO UPDATE ¦ MARCH 2018

INDUSTRY NEWS

China’s fishmeal imports hit 12-year high

Chinese fishmeal imports surged to a 12-year high last year on

the back of strong catches in Peru and good demand; but prices

for fishmeal in China still may rise from a current two-year high.

According to latest Chinese customs statistics, China imported

1.57 million metric tons of fishmeal in 2017, just shy of the

record 1.58m metric tons imported in 2005. However, forward

contracts for next season's Peruvian super-prime fishmeal are

rumoured to be about $350 per-metric-ton higher than for last

season's, due to strong demand and concerns about anchovy

stocks off the coast of Peru, the world's largest fishmeal

exporter.

China is by far the world’s largest importer of fishmeal, which is

used in feed for farmed fish and livestock. Since the turn of the

millennium, China has imported an average 1.18m tons of

fishmeal annually, according to International Trade Centre (ITC).

China also imported significant volumes in 2011 and 2012 --

1.21m metric tons and 1.25m metric tons respectively. China

imported the least over the period in 2003 with 802,843t.

Last year's near-record volumes were 51.1% above 2016

volumes. In 2017, most of China's imports were from Peru; the

South American country supplied 883,310t of China's imports,

or 56.1%, worth $1.29 billion. This was up 103% in volume and

77% in value compared with 2016, according to Chinese

customs figures.

China's next largest suppliers were Vietnam and the US, which

supplied 132,040t and 102,730t respectively, up 3.8% year-on-

year and down 9.6% y-o-y respectively. Imports from the US

were valued at $161.3m in 2017; imports from Vietnam,

$155.4m. Menhaden fish, caught from the Gulf of Mexico, form

the bulk of US fishmeal exports to China. However, illustrating

Peru's importance to China, China imported more fishmeal

from Peru in August (163,811t) than from Vietnam during the

whole of the year.

Source: Undercurrent News

Satellite tracking ‘opens unprecedented gateway for ocean management’

A study by Global Fishing Watch shows that while the footprint

of capture fishing extends across more than half the global

ocean, activity is clearly bounded by different management

regimes, indicating the role well-enforced policy can play in

curbing over-exploitation.

Using satellite feeds, machine learning techniques and

common ship tracking technology, a team of researchers from

Global Fishing Watch, the National Geographic Society’s

Pristine Seas project, University of California Santa Barbara,

Dalhousie University, SkyTruth, Google, and Stanford

University found that industrial fishing covers more than 55%

of the ocean’s surface -- over four times the area covered by

agriculture.

The new dataset of fishing is hundreds of times higher in

resolution than previous global surveys and captures the

activity of more than 70,000 vessels, including more than 75%

of industrial fishing vessels larger than 36 meters.

The authors of the study are making their dataset freely

available to the public, allowing anyone to download, visualize

and analyse the global footprint of fishing. “By publishing the

data and analysis, we aim to increase transparency in the

commercial fishing industry and improve opportunities for

sustainable management,” said lead author, David Kroodsma,

director of R&D at Global Fishing Watch.

The dataset provides greater detail than previously possible

about fishing activity on the high seas (beyond national

jurisdictions). While most nations appear to fish predominantly

within their own exclusive economic zones (EEZs), China,

Spain, Taiwan, Japan and South Korea account for 85% of

observed fishing on the high seas.

The total area of the ocean fished is likely higher than the 55%

estimated, as the data do not include some fishing effort in

regions of poor satellite coverage or in EEZs with a low

percentage of vessels using their automatic identification

system.

Over 37 million hours of fishing were observed in 2016 and

MARCH 2018 ¦ IFFO UPDATE ¦ 13

INDUSTRY NEWS

fishing vessels travelled more than 460 million kilometres, a

distance to the moon and back 600 times. “Data of this detail

gives governments, management bodies and researchers the

insights they need to make transparent and well-informed

decisions to regulate fishing activities and reach conservation

and sustainability goals," noted co-author Juan Mayorga of the

National Geographic Society’s Pristine Seas project and the

University of California Santa Barbara.

The study shows that when and where fishing occurs is tied

more to politics and culture than to natural cycles such as

climate variation and fish migration. “This study reveals fishing

as an industrial process in which vessels operate more like

floating factories that need to operate around the clock to

make money,” said co-author Boris Worm of Dalhousie

University. “On the upside, however, this dataset also shows

clearly where management boundaries are in place and where

they are helping to constrain fishing effort.”

Source: Undercurrent News

Thailand details latest anti-IUU measures

Thailand's minister of labour, police general Adul Sangsingkeo,

has briefed media on the progress of labour-related issues in

both Thai fisheries and seafood processing sectors. He

reaffirmed Thailand’s commitment to combating human

trafficking in a holistic manner, ranging from policy and legal

reforms to implementation, redress and victim protection.

Close cooperation has also been forged with all concerned

stakeholders, such as civil society organizations, the

International Labour Organization (ILO), the EU and

neighbouring governments, he said. This effort has resulted in

an overall improvement of the labour management in the

fisheries sector, he claimed.

The Royal Thai government has emphasized the importance of

effective law enforcement, and has put into place a stricter

vessel inspection regime. A standard operating procedures

handbook for vessel inspection has also been developed, he

said.

PIPO (port in-port out) centres continue to look out for

irregularity among fishing vessels coming in and departing from

Thai ports, while capacity building programs for law

enforcement agencies have also been intensified.

With the cooperation of the ILO, 178 labour inspectors have

undergone training courses to bring them up to the latest

standards. In 2017, the number of inspectors increased to

approximately 1,500 officers, with a goal of increasing that

number to 1,692 this year.

"More stringent law enforcement in the past two years has

resulted in the prosecution of 4,240 cases of fishery-related

crimes and labour law violations, out of which, 85 cases were

later investigated and prosecuted for human trafficking crimes."

The Thai authorities also aim to legalize all migrant workers, by

encouraging them and their employers to undergo the proper

registration process. This will allow them to be fully protected

under Thai law. At present, there are approximately 3.6 million

migrant workers in Thailand. Of this total number, about 2m

workers entered into the workforce illegally.

However, after the ongoing process of registration, currently

only 800,000 workers are still waiting to complete their

nationality verification process, the minister said.

The country is in the process of drafting the “Prevention and

Elimination of Forced Labour Act” to be in line with the Protocol

to the Forced Labour Convention (P29), which will be a stand-

alone legislation, and the work in fishing law to be in line with

the Work in Fishing Convention (C188). In addition, Thailand

has put into place various measures to prevent migrant workers

from being exploited, he said.

Source: Undercurrent News

14 ¦ IFFO UPDATE ¦ MARCH 2018

INDUSTRY NEWS

Incorrect statistics create 'false impression' of global increase in fish catch

Fisheries statistics from different countries have been giving a

false impression that more and more fish are caught, when

reality indicates that global marine catches have been declining

on average by around 1.2 million tonnes per year since 1996,

concludes a study from Sea Around Us.

The investigation carried out by the research initiative at the

University of British Columbia and the University of Western

Australia, published in Marine Policy, shows a decline on fish

catches. However, FAO claims that catches have been more or

less ‘stable’ since the 1990s.

The authors of the study, Dirk Zeller and Daniel Pauly, argue

that misinformation is due to an unintended side effect of well-

intentioned efforts by countries to improve their national data

monitoring and reporting systems. They explain that by

providing new information -for example, from fisheries, regions

or fleets that were not previously monitored or controlled in a

precarious manner-, they add additional catches to those of the

sectors already monitored, and thus create the impression of a

growing trend.

“In our paper, we use the example of Mozambique where

officials reported that small-scale catches ‘grew’ by 800% from

2003 to 2004. This is incorrect. What happened was that the

small-scale sector was massively under-represented in the

reported data for the longest time and when a new reporting

scheme was put in place in the early 2000s, improved catch

data by the always-present subsistence and artisanal fisheries

were added. A very similar amount of fish was caught in

previous years, it was just not registered in the reported data,”

says Zeller.

According to the researchers, the same is happening with

statistics that come from many other countries. “The problem is

that these data are assembled by FAO and presented as global

trends in the widely used State of the World Fisheries and

Aquaculture report. But by not accounting for the presentist

bias over an entire reported data history, FAO is misinterpreting

trends,” says Pauly, Principal Investigator of the Sea Around Us

at the University of British Columbia.

FAO claims that fisheries catches peaked at 86 million tonnes in

1996 and kept growing until stabilizing at around 91 million

tonnes per year. However, Sea Around Us researchers say that

this data is not accurate, due to incomplete time series

influenced by the presentist bias. Sea Around Us data

accounting for both reported and unreported catches show, on

the other hand, that overfishing allowed for a peak number of

130 million tonnes in 1996 but also led to a sharp plunge in

catches, which have decreased to about 110 million tonnes in

recent years.

The scientists suggest using methods such as the Sea Around

Us’ catch reconstruction approach to fill gaps with best

estimates of unreported catches based on harmonized data and

information from a wide range of sources.

Source: FIS

Mexico and Peru strengthen technical cooperation in fisheries and aquaculture

The head of the Ministry of Agriculture, Livestock, Rural

Development, Fisheries and Food (SAGARPA), José Calzada

Rovirosa, and the Minister of Production of Peru, Lieneke

Macría Shol Calle, met to strengthen the mechanisms of

scientific-technical cooperation in fishing and aquaculture, as

well as policies for the conservation and sustainability of the

seas.

At the meeting, both officials agreed on the importance of

combining global efforts to apply technological innovation in

fisheries and aquaculture productivity, while protecting

natural resources.

They also agreed that Mexico and Peru are among the first

Latin American countries with the highest fishing activity and

high consumption rates of seafood and aquaculture products

in their population, as well as scientific advances for the

protection of species and ecosystems.

MARCH 2018 ¦ IFFO UPDATE ¦ 15

INDUSTRY NEWS

The holder of the SAGARPA, showed the official of the Andean

country the mobile applications SAGARPA PRODUCE and

SAGARPA Markets, tools that facilitate access to agricultural

and fishing information, in order to integrate producers with

value chains and markets.

Calzada affirmed that Mexico Government, through SAGARPA,

performs different actions in the areas of science, innovation,

infrastructure, improvement in the fishing gear and also in

sustainability, which allows the fishing and aquaculture

sectors, record an annual production value growth of 16%.

He stressed that a central issue to analyse is how to give

greater added value to seafood, not so much its exploitation,

in order to achieve the development and progress of the

people that make up the fisheries and aquaculture sector, with

emphasis on small producers.

In turn, Minister Schol indicated the interest of her country in

developing cooperation schemes with Mexico in the protocols

of inspection and surveillance of this productive activity,

programs to promote the consumption of seafood, innovation

and infrastructure in fishing gear and aquaculture projects.

On these issues, he said that Peru is a reference in the region

for its progress and results, as well as for its recognition

standards at the international level.

Source: FIS

Chile: Fisheries, aquaculture production grew more than 20%

Chile's total preliminary landings of 2017 amounted to

approximately 3.3 million tonnes, a figure that represents an

increase of 20.8% compared to last year and is also 3.8% lower

than the average of the 2012-2016 five-year period, according

to the last Sectoral Report on Fisheries and Aquaculture of the

Subsecretariat of Fisheries and Aquaculture (SUBPESCA). Of this

total, extractive fishing represented 65.5%, which meant an

increase of 22.3% year-on-year. Fish represented 72.6%,

mollusks 16.6%, seaweed 8.8% and the remaining species 2%.

Harvests from the aquaculture sector totalled 1.15 million

tonnes, 18% more than in 2016. Atlantic salmon accounted for

50.6% of the total harvest, followed by mussels and Pacific

salmon, with 29%, 3% and 11.7%, respectively. The wild

fisheries sector recorded preliminary landings of 2.18 million

tonnes. Pelagic fisheries accounted for 70.1%, demersal

resources accounted for 2%, Southern austral demersal

fisheries for 2% and other fish for 15.1%. The remaining 10.8%

is mainly explained by the extraction of seaweed, mollusks and

echinoderms from shore collectors and management areas.

The landings of pelagic resources amounted to 1.53 million

tonnes, 31% more than in the previous year. The most relevant

pelagic resources are anchovy, jack mackerel and common

sardine, which contributed 40.8%, 22.5% and 22.5%,

respectively.

Anchovy landings increased 88% to 625,700 tonnes; those of

jack mackerel increased by 8% to 344,700 tonnes; and those of

common sardine increased by 23%, to 344,300 tonnes.

Source: FIS

16 ¦ IFFO UPDATE ¦ MARCH 2018

A new General Manager at the head of Diana Aqua. Since

January 2018, Jérôme Le Friec has been

appointed at the head of Diana Aqua, a

global strategic growth segment for

DIANA and the Symrise Group. Jérôme

Le Friec's mission will be to define and

implement the Aqua business strategy

by developing, coordinating and

managing the Aqua activity in

accordance with Diana’s objectives.

He will lead the growth and profitability

increase of Diana Aqua, coordinating the

different departments involved in the activity, through the

development of functional solutions dedicated to the

aquaculture market. He will explore and develop external

strategic partnerships.

Jérôme has 24 years of international experience in animal

nutrition industry and feed additives. He began his career with

Timab, Roullier group where he spent 17 years. He then joined

Olmix where he was a Managing Director for 6 years before

taking the position of Deputy General Manager at Mixcience

(Avril group) in 2016. Source: Diana Aqua

TASA wins the Blackmores Supplier Award for Sustainability

2018. This recognition reflects TASA`s long-term commitment

to Sustainability, which is ingrained

into its business model. Aligned with

Blackmores Sustainability Program,

TASA has demonstrated a collabora-

tive and transparent working culture

focused on sustainable outcomes.

TASA was recognized for its “first in

class” ability as a fish oil company,

providing full ingredient traceability

from discharge of anchovy at TASA fish meal plants through

crude oil extraction and on to fully refined 1812TG.

Blackmores Chief Executive Officer, Richard Henfrey said,

“Blackmores are very proud to present our Sustainability Award

to TASA, recognising a strong commitment to our shared

company values. Together we’ve delivered a game-changing

initiative, embedding ingredient sourcing information into

quality systems, providing real time access for full traceability

data, linking Blackmores’ fish oil products to the location and

date the fish were harvested. This is testament to the

collaborative and transparent nature of the relationship

between our companies, working together to meet Blackmores’

and TASA’s high standards for quality and sustainability for our

consumers”. Source: FIS

ANIMALFEEDS has introduced AntarcticOmega, an innovative

selection of Friendly Purified Fishoils from the Southernmost

natural waters in the world. The oils are manufactured under a

license agreement

by Industrial Maule

Ltda., a fish oil

refinery in Coronel

Chile that has just

completed the

construction of a

state-of-the-art

offering the most

updated technology

of chemical-free physical refining and vacuum-steam low

temperature deodorization designed by DeSmet. Antarcti-

cOmega’s products were introduced in Seattle, Washington,

during GOED Exchange 2018, and include Marine Omega-3 RDB

Fishoil and Marine Omega-3 RD Fishoil manufactured with

selected raw materials from IFFO-Responsible Supply certified

fisheries from the neighbouring fishing grounds at the South

Pacific, an area of pristine waters and nutrient-rich ocean

currents carried from the sub-Antarctic basin. Pacific Anchovy,

South Pacific Sardine Oil, Pacific Tune Oil and Patagonia Salmon

Oil are available as 100% Pure Concentrations or customized

formulations by specific EPA-DHA profiles, antioxidant and

vitamin requirements. AntarcticOmega Fishoils will be

distributed to the U.S. and Canadian markets from Port Arthur,

Texas while available to all other international destinations

from Coronel, Chile. Source: Animal Feeds

Scottish Sea Farms, is seeing one of its current crops outperform

all previous years following the introduction of new anti-sea lice

shields. The new shields are the latest in a series of proactive,

preventative

measures by the

company to

enhance the health

and welfare of the

salmon under its care.

Specially engineered to suit Scottish marine conditions, each

shield consists of a permeable fabric that lets water and oxygen

move freely into fish pens whilst keeping natural health threats

out. This fabric fully encases the pen to a depth of 6m,

BUSINESS

NEWS IN BRIEF

MARCH 2018 ¦ IFFO UPDATE ¦ 17

NEWS IN BRIEF

providing a barrier against sea lice which are most commonly

found in the first few metres below the water’s surface

The new shields were first introduced at the company’s farm at

Slocka, Ronas Voe on Shetland in May 2017. In the nine months

since, sea lice levels have successfully remained below the

Marine Scotland threshold, and the salmon are showing strong

growth and biological performance.

Such has been the effectiveness of the shields that Scottish Sea

Farms has now invested over £800,000 with two Scottish

suppliers – William Milne Tarpaulins in Aberdeen and W&J Knox

in Ayrshire – in order to roll-out similar protection to 11 of its

other farms. The company is also working with neighbouring

salmon growers to synchronise use of the shields, as part of a

farm management agreement for those same areas. Source:

Scottish Sea Farms

Negocios Industriales Real Nirsa has invested over $35 million in

a new pelagic processing plant. The automated plant -- in

Posorja, about two hours south of Guayaquil, in the province of

Guayas -- is the most modern in Ecuador for frozen, small

pelagics, the firm's

president, Roberto

Aguirre Roman said.

The plant has a

processing capacity of 240 metric tons per day, Aguirre said. It

processes pelagics such as mackerel, Pacific mackerel, sardine

and frigate tuna [Auxis thazard thazard] for direct human

consumption.

The product is exported to markets such as Europe, Africa, Asia,

and China. Nirsa sells its products to China, Korea, Japan and is

entering the African market with products such as frozen

mackerel and Europe and Argentina with canned mackerel,

Aguirre said. There is a big market for these pelagic products,

Aguirre said, noting the firm was also analyzing the possibility to

market the fish in Ecuador.

Nirsa is still processing fishmeal, but now the priority is to pack

and freeze pelagic species, according to Aguirre. Nirsa's

strength is to "always diversify its portfolio", he said. As well as

seafood, the company sells juices, peeled peaches and other

fruits, as well as rice and pasta under its Real Food holding.

Source: Undercurrent News

Icelandic and Faroese authorities have agreed on Faroese fishing

rights in Icelandic waters for this year, and for mutual access to

Icelandic herring. Mutual access to blue whiting and Norwegian-

Icelandic herring

was agreed in the

same manner as

last year, while

the maximum

number of

Icelandic vessels

that may fish for

bluefin tuna in

Faroese waters is

increased from 12 to 15.

In return, the Faroese can catch 5% of Iceland’s capelin quota,

to a maximum of 25,000 metric tons (instead of the previous

30,000t agreed), and their cod quota remains the same as last

year, at around 2,400t.

There are still restrictions on Faroese sources for the production

of capelin on board, or landing in the Faroe Islands for human

consumption. Restrictions on landing for human consumption

will be extended to Feb. 17, instead of Feb. 15. After this date,

Faroese ships landing capelin for human consumption will be

required to land at least two thirds of their catch in Icelandic

ports. The countries aim to start work on developing fisheries

frameworks as soon as possible with the aim of completing this

work before Sept. 1 2018. Source: Undercurrent News

Ecuador: The National Fisheries Chamber (CNP) is working on the

implementation of an improvement project for the small pelagic

fishery. In this framework, through the Commission of Small

Pelagics, the CNP held

a meeting at the end

of January in which

fishing ship owners,

representatives of

industries and

fishmeal and fish oil

traders, as well as

representatives of

feed producers,

participated. At this

meeting, the adviser José Parajuá from the Sustainable Fisheries

Partnership (SFP) was introduced, who will accompany the

commission in the preparation of the project for the improve-

ment of the fishery.

Currently, the group of companies that promote this initiative

together with the CNP is made up of 14 companies in the small

COUNTRY

18 ¦ IFFO UPDATE ¦ MARCH 2018

pelagic sector and 3 feed companies. The meeting served to

address questions and concerns of the companies involved in

the activity on the first phase of the project, which consists of

an assessment of needs of improvement and the preparation of

a detailed work plan for the implementation of a project to

improve the fishery.

The president of the Small Pelagics Commission, Carlos Cacao,

stressed that the private fishing sector pledges a joint effort to

improve the management of this fishery, in order to achieve a

sustainable use of fisheries resources. According to the CNP,

the implementation of a project of this type will become a

historic milestone in the small pelagic fish fishery of Ecuador.

Source: FIS

India has become the largest exporter of shrimp to the US. Last

year, the Indian shrimp represented around 32% of all the

shrimp imports of US, which amounted a total of 664,119

tonnes. "Lower anti-dumping duty and opening up of market by

the US buyers has allowed Indian exporters to send more

products to the USA. Many importers are now interested to

trade directly with the exporters", said Tara Patnaik, Chairman,

Falcon Marine

Exports Ltd, the

largest seafood

exporter in country,

according to a

report by Business

Standard.

The US imported

213,956 tonnes of

Indian shrimp during 2017, a growth of 39% over 153,956

tonnes recorded in 2016. In terms of value, these sales

represented USD 2.17 billion in revenue for India, 45% more

than in 2016.

Ayan Paul, analyst at the CARE Ratings Ltd., highlighted that

approximately 50% of the US imports come from India and

Indonesia alone. Furthermore, he added that Indian companies,

in particular, have been reducing the number of cases of

shipment rejection due to the use of new technology and direct

engagement at the farm level, to boost yields and improve

sustainability. Source: FIS

COUNTRY

NEWS IN BRIEF

French insect meal start-up inks $18.5m financing round; plans

commercial-scale plant. Evry, France-based start-up InnovaFeed,

which raises black

soldier flies to

produce a fishmeal

alternative, has

raised €15 million ($18.5m) to build a commercial-scale facility,

the company said. The funds are coming from a group of

investors that include impact finance firms, seed capital funds

and entrepreneurs. The investors are AlterEquity3P, Finovam

Gestion, Nord Création (Group IRD), Nord France Amorçage, and

several entrepreneurs, InnovaFeed said.

InnovaFeed uses food waste to feed the flies, which produce a

protein product suitable for fish consumption. The company is

currently operating a facility capable of producing 1,000 metric

tons of product per year but the investment will enable it to

move to a facility capable of making ten times as much, the

company said.

Source: UndercurrentNews or FeedNavigator

Insect feed ingredient producer Enterra is seeing new markets

open as regulatory approvals for insect ingredient use expand in

US, Canadian and EU markets. The British Columbia-based

company announced

Wednesday that it had

received several new

regulatory approvals

to expand the in-feed

uses of the ingredients it sells in the US and Canada.

Enterra produces black soldier flies on pre-consumer waste food

to generate several feed ingredients, including black soldier y

larvae meal, whole dried larvae and an oil product, it said.

Overall, the new approvals will allow the insect-focused feed

ingredient company to expand its market reach, said Victoria

Leung, manager of marketing and operations with Enterra. Read

more: Feed Navigator

ALTERNATIVES & INNOVATION

2018 6-8 March North Atlantic Seafood Forum Bergen, Norway

7-9 March World Ocean Summit Riviera, Mexico

11-13 March Seafood Expo North America Boston, USA

22-23 March 13th JCI Spring conference & IFFO/JCI Fishmeal

and Fish oil Forum Guangzhou City, China

27 March Aquafeed Horizons Conference Bangkok, Thailand

9-11 April IFFO Members Meeting Miami, U.S.A.

24-26 April Seafood Expo Global 2018 Brussels, Belgium

23-24 May Aquaculture UK 2018 Aviemore, Scotland

3-7 June 18th International Symposium on Fish Nutrition

and Feed Gran Canaria, Spain

11-13 June AquaVision Stravanger, Norway

19-21 June SeaWeb Seafood Summit Barcelona, Spain

25 August AQUA 2018 Montpellier, France

29-31 August Shanghai International Fisheries and Seafood

Exhibition Shanghai, China

15-17 October IFFO 58th Annual Conference Rome, Italy

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: secretariat@iffo.net www.iffo.net

CALENDAR

MARCH 2018 ¦ IFFO UPDATE ¦ 19