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Fish Mint The Herb with Health Benefits Hidden in Its Unique Flavour
NewsAquacultureFarmingInternational

Controversy Surrounds Plans for World’s First Octopus Farm Amid Welfare Concerns

by Fishery News 28/09/2023
written by Fishery News

Scientists are expressing deep concerns over the well-being of highly intelligent octopuses in the wake of plans to establish the world’s first Octopus farm. Confidential documents, obtained by a media outlet, have revealed that the proposed farm, situated in Spain’s Canary Islands, aims to rear approximately one million octopuses annually for human consumption.

One of the main points of contention revolves around the proposed method of slaughtering these creatures in icy water, which some scientists deem as cruel. The company spearheading this initiative, Spanish multinational Nueva Pescanova, vehemently denies that the octopuses will endure any form of suffering. The campaign group Eurogroup for Animals has shared the confidential planning proposal documents with the public and the Canary Islands’ General Directorate of Fishing, the entity to which Nueva Pescanova submitted the proposal, has yet to issue a response.

Octopuses are commonly captured in the wild using various methods, including pots, lines, and traps, and are a popular food source in several regions, including the Mediterranean, Asia, and Latin America. Nevertheless, breeding them in captivity has proven to be a formidable challenge, primarily due to the need for live food for the octopus larvae and a meticulously controlled environment. In 2019, Nueva Pescanova claimed to have made a significant scientific breakthrough in this regard.

The proposed intensive farming of octopuses has already sparked opposition, with lawmakers in Washington State, USA, proposing a ban on the practice. Nueva Pescanova’s plans entail housing these usually solitary creatures in communal tanks alongside other octopuses, often subjecting them to continuous light. This would occur within a two-story building featuring approximately 1,000 tanks located at Las Palmas port in Gran Canaria. The octopuses would be euthanized by placing them in containers of water kept at a temperature of -3°C, as detailed in the documents.

Nueva Pescanova intends to produce 3,000 tonnes of octopus annually to cater to premium international markets, including the United States, South Korea, and Japan. According to Compassion in World Farming (CiWF), a campaign group that has scrutinized the plans, this would translate to roughly one million animals, with each cubic meter of tank accommodating 10-15 octopuses.

28/09/2023 0 comment
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Russia Considers Joining China in Banning Japanese Seafood Imports Over Fukushima Water Release
NewsInternational

Russia Considers Joining China in Banning Japanese Seafood Imports Over Fukushima Water Release

by Fishery News 28/09/2023
written by Fishery News

Russia is contemplating following China’s lead by banning Japanese seafood imports in response to Japan’s release of treated radioactive water from the Fukushima nuclear power plant into the ocean. The move comes as Moscow seeks discussions with Japan regarding the controversial decision.

Last month, Japan initiated the discharge of treated water from the Fukushima plant into the sea, a move that drew sharp criticism from China. In retaliation, China imposed a comprehensive ban on all aquatic imports from Japan.

Russia’s food safety watchdog, Rosselkhoznadzor, announced on Tuesday that it had engaged in discussions about Japanese food exports with its Chinese counterparts. Russia, being one of China’s major suppliers of marine products, aims to expand its market presence.

In a statement, Rosselkhoznadzor expressed its concern about potential radiation contamination risks in Japanese fish products. The statement noted that a final decision regarding joining China’s restrictions on fish product supplies from Japan would be made after negotiations with the Japanese government.

Japan contends that the released water is safe, having undergone treatment to remove most radioactive elements, except for tritium, a radionuclide challenging to separate from water. The treated water is then diluted to meet internationally accepted levels before being discharged.

Japan has countered criticism from both Russia and China, asserting that such objections lack scientific substantiation. Japanese officials have urged Russia to base its actions on scientific evidence and pointed out that Russia is a member of the International Atomic Energy Agency (IAEA)’s Fukushima expert team, which approved the water release plan in July.

Japan’s Ministry of Environment, in its latest water testing report on Monday, stated that seawater samples collected on September 19 showed tritium concentrations below the lower limit of detection at all 11 sampling points, asserting that this poses no adverse effects on human health or the environment.

 

Furthermore, Russia reported no irregularities in marine samples used for tests in Russian regions relatively close to where the treated water was discharged, according to Rosselkhoznadzor’s far eastern branch.

Russia is a substantial exporter of marine products, shipping 2.3 million metric tons worth approximately $6.1 billion last year, which constitutes roughly half of its total catch. China, South Korea, and Japan are among the largest importers of Russian marine products, according to Russia’s fisheries agency.

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Munambam Fishing Harbour in Kerala Sets High Standards for Quality Seafood
NationalNews

Munambam Fishing Harbour in Kerala Sets High Standards for Quality Seafood

by Fishery News 28/09/2023
written by Fishery News

In Kerala’s Ernakulam district, the iconic “Munambam Fresh Fish” sign beckons both locals and visitors, serving as a symbol of assurance for the finest quality seafood, particularly ammonia-free Capelin fish. The Munambam fishing harbour, situated on Vypin Island, is renowned as one of Kerala’s most prominent fishing ports along the coastline, with a reputation for delivering top-tier fresh, frozen, and dried fish products.

At Munambam, a wide variety of fish, including Herring, Tuna, Mackerel, Tilapia, and Carp, are available in substantial quantities. The fish are meticulously packed and preserved with ice in impeccably clean facilities, with seamless management contributing significantly to maintaining these high standards.

Munambam Fishing Harbour ranks among the largest fishing harbours in Kerala, with a substantial export business, particularly to European countries such as Germany and Britain. Notably, Munambam Harbour is the sole harbour approved by the Export Inspection Agency (EIA). It stands as one of the busiest fishing ports in the state, housing over 500 vessels, including 350 boats, 100 nets, and 50 traditional fishing boats. During the peak season from August to September, it can accommodate up to 100 boats simultaneously.

The harbour plays a pivotal role in the livelihoods of more than 4,000 fishermen. In the early morning, the auction scene buzzes with activity as the freshest catches are sold to the highest bidders. The harbour generates an impressive daily revenue of Rs 3 to 4 crore.

To safeguard the area from intrusion by birds and animals, protective nets have been installed. Beyond its vital role in the fishing industry, Munambam Harbour also serves as a significant source for related sectors reliant on marine life, including fish oil production, dried fish powder manufacturing, and fodder production.

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Keralas Vidyatheeram Scheme Empowers Financially Weaker Fishermens Families to Realize Medical Dreams
NationalFarmingNews

Kerala’s ‘Vidyatheeram’ Scheme Empowers Financially Weaker Fishermen’s Families to Realize Medical Dreams

by Fishery News 28/09/2023
written by Fishery News

In a heartwarming success story, Kerala’s ‘Vidyatheeram’ scheme, initiated by the state’s fisheries department in 2015, has been instrumental in enabling financially disadvantaged students from fishing communities to achieve their dreams of pursuing medical careers. The scheme provides crucial financial assistance to deserving students, helping them attend specialized coaching classes at renowned coaching centers and gain admission to competitive medical entrance exams.

Since its inception, ‘Vidyatheeram’ has benefited an impressive 530 students from fishermen families, with 178 of them successfully securing admission to various medical courses, including 75 into the prestigious MBBS program. This year, the scheme continues to make a significant impact, offering much-needed support to aspiring students, according to sources within the fisheries department.

For many students hailing from fishermen families, gaining admission to medical colleges seemed like an unattainable dream due to the intense competition and financial constraints. Dr. Riya Sivaprasad, who hails from Puthiyappa in Kozhikode and gained admission to a government medical college in Alappuzha in 2016 through the ‘Vidyatheeram’ scheme, reflects on the transformative effect of the program. She is now a practicing doctor and is immensely grateful for the assistance provided by the scheme.

Faseela, another success story from a fishermen family in Vizhinjam, Thiruvananthapuram, highlights the significance of ‘Vidyatheeram.’ She completed her MBBS in 2022 and acknowledges that without the scheme’s support, many families in her community would not even dare to dream of affording the high fees and expenses associated with coaching classes.

The fisheries department employs various criteria, primarily based on merit, to select candidates eligible for the ‘Vidyatheeram’ scheme. Once chosen, students receive financial aid directly from the government to cover the fees at coaching centers, making their pursuit of a medical education more accessible and equitable.

 

The ‘Vidyatheeram’ scheme is not just about empowering individuals; it’s a beacon of hope for coastal communities in Kerala, bridging the gap between dreams and reality for talented students who aspire to become medical professionals.

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Avanti Feeds Leading Indian Shrimp Feed Producer Stays Resilient Amidst Industry Slowdown
NationalNews

Avanti Feeds, Leading Indian Shrimp Feed Producer, Stays Resilient Amidst Industry Slowdown

by Fishery News 28/09/2023
written by Fishery News

Hyderabad-based Avanti Feeds, a prominent player in India’s shrimp feed production sector, has reported a modest decline in sales volumes and revenue for the fiscal year 2022-2023, reflecting the broader challenges faced by the Indian shrimp aquaculture industry. Despite this, the company managed to weather the downturn successfully.

Avanti Feeds recorded total revenue of INR 40.41 billion (USD 492 million, EUR 442 million) for the fiscal year, representing a slight dip compared to INR 40.47 billion (USD 493 million, EUR 443 million) in the previous fiscal year (2021-2022). This decline was partly attributed to an 8 percent reduction in shrimp feed sales volume, dropping to 498,000 metric tons (MT) from 540,000 MT in the preceding year.

The decrease in revenue and sales volume mirrors the ongoing “market correction” in India’s shrimp industry. From April 2022 to March 2023, India’s shrimp exports amounted to 719,357 MT, down from 734,375 MT the previous year. Notably, shipments to the United States also experienced a decline during this period.

In a statement to shareholders, Alluri Indra Kumar, Chairman and Managing Director of Avanti, acknowledged the various challenges the company faced, including the global economic downturn, high inflation, and pandemic-related disruptions in China. Additionally, the company navigated through volatile farm gate shrimp prices throughout the year.

Despite these obstacles, Avanti achieved a net profit after tax of INR 2.3 billion (USD 28 million, EUR 25 million) for the fiscal year, up from INR 2 billion (USD 24 million, EUR 21 million) in the previous year. Kumar attributed this growth to the unwavering dedication of the company’s employees, strong support from value chain partners, and efficient supply chain operations spanning from farm to export markets.

Avanti’s performance in the fiscal year was marked by several strategic acquisitions, including the purchase of Srivathsa Power Projects, a natural gas-based power plant in Andhra Pradesh. Additionally, the company commenced commercial operations at its feed unit in the same state.

 

Looking ahead, Avanti Feeds expressed optimism regarding the demand outlook for shrimp, citing favourable farm gate prices and conducive conditions for shrimp cultivation. The company stated that it anticipates promising opportunities for transformative growth and is committed to delivering exceptional value on a global scale.

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Kerala Debates Eco Certification for Seafood Exports Amidst Calls for Sustainability
NationalNewsSustainability

Kerala Debates Eco-Certification for Seafood Exports Amidst Calls for Sustainability

by Fishery News 28/09/2023
written by Fishery News

To protect marine resources and ensure sustainable fishing practices, Kerala is considering the introduction of eco-certification for seafood exports. This regulation aims to reduce stress on marine ecosystems while securing premium prices for seafood in American and European markets. However, this initiative has ignited a debate between different stakeholders in the fisheries sector.

The Seafood Exporters Association (SEAI) is advocating for the adoption of the Marine Stewardship Council (MSC) certification program, emphasizing its potential to fetch higher prices for Indian marine products in international markets. In contrast, traditional fishermen and trawl boat owners are advocating for a homegrown eco-certification system, expressing concerns about the influence of global corporate interests in the MSC.

While the state government and the Union fisheries department support joining the MSC regime, the Central Marine Fisheries Research Institute (CMFRI) has proposed the creation of India’s own eco-certification program. Kerala is already recognized as the only Indian state to enforce a minimum legal size for the capture of 58 different fish species, showcasing its commitment to sustainable fishing practices.

Fishermen who oppose the MSC argue that it could lead to the monopolization of the fisheries sector and potentially disadvantage local fishing communities. They call for the formation of an indigenous certification agency, utilizing the expertise of organizations like CMFRI and CIFT.

On the other hand, proponents of the MSC certification, such as the SEAI, believe it is crucial for maintaining India’s export income, as many importing countries now demand sustainability certificates for seafood products. The debate over eco-certification in Kerala reflects the global trend toward promoting sustainable fishing practices and ensuring the long-term health of marine ecosystems.

As Kerala navigates this complex issue, the outcome will have far-reaching implications for the future of its seafood exports and the sustainability of its marine resources.

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Choice Canning Collaborates with Global Seafood Alliance and Center for Responsible Seafood to Empower Small Scale Aquaculture Farmers
NewsInternational

Choice Canning Collaborates with Global Seafood Alliance and Center for Responsible Seafood to Empower Small-Scale Aquaculture Farmers

by Fishery News 27/09/2023
written by Fishery News

Choice Canning Company, a subsidiary of The Choice Group, has entered into a Memorandum of Understanding (MoU) with the USA-based Global Seafood Alliance (GSA) and The Center for Responsible Seafood (TCRS), a nonprofit organization dedicated to promoting responsible seafood production. This partnership aims to uplift small-scale aquaculture farmers in India who face challenges related to infrastructure, capital, insurance, financial planning, market exposure, and access to information on responsible aquaculture practices.

Four-Phase Initiative:

  • The two-year initiative comprises four distinct phases designed to provide economic stability and support to farming communities:
  • Phase One: Identifying infrastructure needs and analyzing challenges, including the selection of trainers and farmer participants.
  • Phase Two: Providing education and training to farmers on responsible aquaculture practices.
  • Phase Three: Expanding outreach and intensifying training programs, fostering increased participation, and garnering marketplace support.
  • Phase Four: Graduating farmer participants from the initiative.

Cutting-Edge Antibiotic Testing Facility:

As part of this initiative, a cutting-edge antibiotic testing facility will be established to enhance quality assurance in aquaculture. This facility will offer on-site lab services directly at the farm, improving the quality control process.

Commitment to Farmer Welfare:

Jose Thomas, Chairman and Managing Director of The Choice Group, emphasized the importance of supporting farmers, stating, “The objective here is the farmer. Without him or her, there is no shrimp on the shelf. It’s time that we help them more.” This initiative seeks to improve farmers’ lifestyles, provide education, and offer crop protection through an insurance program.

Global Support for Responsible Practices:

Wally Stevens, CEO of GSA, expressed enthusiasm for the partnership, emphasizing the significance of supporting farmers and fishers who contribute to the seafood industry. He stated, “Farmers and fishers are the people who bring seafood to our tables.”

TCRS’s Commitment:

George Chamberlain, President of TCRS, highlighted the organization’s commitment to enhancing global farming and fishing communities, particularly small businesses.

Enhancing Quality Control:

Choice Canning Company recently introduced India’s first Mobile Enzyme-Linked Immunosorbent Assay (ELISA) Lab, QC by Choice, in Bapatla, Andhra Pradesh. This initiative aims to improve quality control in aquaculture by providing laboratory services directly at the farm level. It is expected to reduce the turnaround time from sampling to results, significantly enhancing pre-harvest testing efficiency.

This collaborative effort between Choice Canning, GSA, and TCRS marks a significant step toward promoting responsible aquaculture and improving the livelihoods of small-scale farmers in India’s aquaculture industry.

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for 732 Artificial Reef Units to Promote Sustainable Coastal Fishing
NationalAquacultureNews

Indian Department of Fisheries Allocates Rs 126 Crore

by Fishery News 27/09/2023
written by Fishery News

In a significant move to promote sustainable fishing practices and boost coastal fisheries, the Indian Department of Fisheries has approved a budget of Rs 126 crore for the installation of 732 artificial reef units across 10 coastal states. This initiative falls under the “Integrated Modern Coastal Fishing Villages” program of the Centrally Sponsored Scheme (CSS) of Pradhan Mantri Matsya Sampada Yojana (PMMSY).

The projects are being executed in collaboration with technical support from the Fishery Survey of India (FSI) and the ICAR-Central Marine Fisheries Research Institute (CMFRI). As of now, all coastal states have completed their site selection process. Notably, the states of Kerala and Maharashtra have also completed the tendering process for the execution of the work. It is expected that all these projects will be completed by January 2024.

The installation of artificial reefs in coastal waters and the implementation of sea ranching programs are anticipated to revitalize coastal fisheries and replenish fish stocks. Artificial reefs are engineered interventions designed to rehabilitate and enhance natural habitats, increase productivity, and manage aquatic resources, including habitat enhancement. 

Advantages of Artificial Reefs:

  • The installation of artificial reefs offers a range of benefits, including:
  • Similar to natural reefs, artificial reefs are used to aggregate fish and provide a habitat for fish to thrive, reducing wave damage along the coasts.
  • They aid in the regeneration of marine ecosystems and act as carbon sinks, contributing to environmental sustainability.
  • According to the CMFRI, the installation of artificial reefs can lead to a two to three-fold increase in catch rates and efficiency. This translates to savings in fuel and energy costs, ultimately increasing income for fishers.
  • Artificial reefs provide a stable substrate for marine life, including corals, algae, and plankton, fostering sea ranching and serving as spawning and nursery grounds for fish.
  • They enhance opportunities for recreational fisheries, snorkelling, eco-tourism, and diving, creating suitable areas for these activities while reducing conflicts in fishing zones.
  • Importantly, artificial reef structures restrict bottom trawling in nearshore areas, aiding in the regeneration of the marine environment and allowing small-scale fishers to achieve higher catches. One artificial reef of 300m³ is expected to support 25-30 non-mechanized boats, as per the CMFRI.
  • The artificial reef initiative under PMMSY is a significant step towards addressing these challenges and revitalizing India’s coastal fisheries for a more sustainable and prosperous future.
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Bangladesh Seizes Export Opportunity in Soft Shell Crab Farming
NewsInternational

Bangladesh Seizes Export Opportunity in Soft-Shell Crab Farming

by Fishery News 27/09/2023
written by Fishery News

Satkhira, Bangladesh – Soft-shell crab farming has emerged as a promising export opportunity for Bangladesh, fostering economic growth and generating employment in the coastal communities. Entrepreneurs and local fish farmers in the south-western district of Satkhira are increasingly embracing large-scale soft-shell crab farming, responding to surging international demand in markets including Hong Kong, Japan, Korea, Malaysia, Taiwan, and Thailand.

Soft-shell crab farming differs significantly from traditional crab farming. Farmers in this method collect crabs from natural sources and closely monitor them. When the crabs naturally molt and replace their old hard exoskeletons (shells), they are transferred from saline water to boxes filled with pure drinking water, facilitating the soft-shell stage.

The cultivation of a specific type of crab primarily for export has led to a thriving industry. Soft-shell crabs are sold in the wholesale market at prices ranging from Tk 350 to Tk 800 per kg, depending on their sizes. This endeavor has not only boosted local economies but has also attracted external entrepreneurs, with many establishing crab farms in the region.

The number of crab enclosures in Satkhira has seen substantial growth over the years. From 364 in FY2014-15, the count reached 380 in FY2015-16, and by 2016-17, the number escalated to 452. Farmers in areas such as Shyamnagar, Debhata, Kaliganj, Ashashuni, and others within Satkhira have employed diverse techniques for crab farming. Additionally, crabs are also sourced naturally from the Sundarbans and neighboring areas.

While soft-shell crab farming has brought economic prosperity, there are environmental concerns. Excessive collection of crabs and other fish fry from the Sundarbans and natural sources is viewed as a threat to the environment and biodiversity in the world’s largest mangrove forest.

Despite the challenges, the industry continues to grow, creating fresh employment opportunities and attracting new farmers. Authorities are taking measures to provide guidance and suggestions for crab farming, including the establishment of a crab hatchery in Cox’s Bazar. This initiative aims to promote local crab farming

252 hectares of land in Satkhira are currently dedicated to crab farming. Approximately 32,000 local individuals are engaged in the industry. Last year, the district produced 1,934 tonnes of crab, with 90% of soft-shell crabs being exported to various countries.

The rise of soft-shell crab farming in Bangladesh underscores the country’s capacity to tap into new export markets, stimulate local economies, and address employment needs. However, it also highlights the importance of responsible environmental practices in the face of increasing demand. Stay tuned for further developments in this dynamic industry.

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India Fish Farming Market Sees Rapid Growth IMARC Group Report
NationalNews

India Fish Farming Market Sees Rapid Growth – IMARC Group Report

by Fishery News 27/09/2023
written by Fishery News

The India Fish Farming Market is set to witness substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 8.60% during 2023-2028, according to a recent report released by IMARC Group, a leading market research company.

Fish farming, also known as aquaculture, involves the controlled breeding and cultivation of fish in controlled environments such as ponds, tanks, or ocean-based net pens. This practice is on the rise in India due to its environmentally conscious approach, aimed at minimizing ecological impact, efficient resource use, and preventing farmed fish from entering natural ecosystems. It’s becoming a vital solution to meet the surging global demand for seafood, reducing reliance on overfishing and depletion of wild fish stocks.

The Indian population’s growing awareness of the nutritional benefits of fish consumption is a key driver of market growth. Moreover, there’s an increasing demand for high-quality, locally produced seafood. This demand is further driven by the preference for fresh, uncontaminated seafood. Fish farming ensures a controlled environment, producing healthy and safe fish.

The profitability of fish farming is attracting entrepreneurs and investors alike, further fueling the market’s expansion. In parallel, the Government of India has undertaken initiatives to promote aquaculture. These include financial incentives and technical support, providing a significant boost to the industry.

Market Segmentation Highlights:

The report segments the market into various categories, including:

Environment Insights:

  • Marine Water
  • Fresh Water
  • Brackish Water

Fish Type Insights:

  • Salmon
  • Milkfish
  • Tuna
  • Tilapia
  • Catfish
  • Sea Bass
  • Others

Regional Insights:

  • South India
  • North India
  • West & Central India
  • East India

This comprehensive analysis provides invaluable insights into the Indian fish farming market, offering a detailed breakdown based on environmental conditions, fish types, and regional variations.

The rising tide of fish farming in India reflects a growing commitment to sustainable seafood production, meeting the nation’s nutritional needs, and reducing the environmental impact of traditional fishing methods. Stay tuned for more updates on this evolving market.

Request for a free sample copy of this report: https://www.imarcgroup.com/india-fish-farming-market/requestsample

Disclaimer: This news article is based on IMARC Group’s market research report, and its accuracy and reliability are subject to the information provided in the report.

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