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North Atlantic Seafood Forum Round-Up: Radical salmon farming concepts; Mowi name change; fishmeal predictions

The 14th edition of the world's largest seafood business has come to an end but never fear, IntraFish was on the ground to get you all the news from the event. Catch up here.

Thursday March 7, 3.57 p.m. CET

Will 'Patagonia' branding help Chile tackle the price differential in US? Read the full article here

-- Lola Navarro

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Thursday March 7, 3.37 p.m. CET

Some last minute tips for Brexit

--Dominic Welling

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Thursday March 7, 3.29 p.m. CET

Fishmeal sector ‘doesn’t have much to worry about'... yet

Fishmeal supply seems to have peaked again, and demand is steady.

Rabobank analyst Gorjan Nikolik said in the long term there will be demand for at least 500,000 metric tons of fishmeal even with changes to formulas and emerging alternatives.

So this is a very good basis for the sector, and there is not much to worry about, he said.

Read more of his thoughts on the impact of the alternatives on fish meal and fish oil markets here.

--Dominic Welling

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Thursday March 7, 1.22 p.m. CET

What's in a name?

'Negative' association with the Marine Harvest name was behind the company's rebranding to Mowi, according to its CEO.

But can a new name overcome the negativity? The company is determined to try and conquer the market with a concept that is "very hard to copy."

Read all about it here.

--Lola Navarro

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Thursday March 7, 1.12 p.m. CET

IFFO analyst talks fishmeal, fish oil predictions for 2019

Enrico Bachis explains why 2018 was a bumper year for fishmeal and fish oil, and he presents his outlook for what's going to happen in 2019 - read on here to find out more.

--Dominic Welling

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Thursday March 7, 11.56 a.m. CET

How big is the sea lice problem?

--Lola Navarro

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Thursday March 7, 11.33 a.m. CET

Leroy CFO: 'All new ways to grow salmon production are still years away'

New production technologies are advancing but will not change the global salmon farming picture just yet - read more here.

--Lola Navarro

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Thursday March 7, 11.27 a.m. CET

NRS starts work on its Iceland offshore project

Norway Royal Salmon's (NRS) Arctic Offshore Farming concept is coming to life three years after NRS acquired the Icelandic company.

The construction of the site on the west coast of Iceland will start very soon, with the first fish expected to be stocked in the third quarter of 2020, said Charles Hostlund, CEO of NRS.

Read more about the innovative concept here.

--Lola Navarro

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Thursday March 7, 11.08 a.m. CET

North Atlantic mackerel prices hit 'all-time high'; herring prices bottom out

North Atlantic pelagic supplies are going to fall in 2019, with a 25 percent cut to overall Norwegian pelagic quotas, according to Paul Oma, CEO, Norway Sales Organization for Pelagic Fish. What will this mean for prices of important stocks such as mackerel and herring? read on here to find out.

--Dominic Welling


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Thursday March 7, 09.30 a.m. CET

Big drop expected in global pelagic landings in 2019

--Dominic Welling

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Wednesday March 6, 6.03 p.m. CET

Pork's loss is seafood's gain in world's biggest food market?

--Drew Cherry

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Wednesday March 6, 5:45 p.m. CET

UK fish processors must conquer the fear factor

The United Kingdom is a very important seafood market, consuming around $8 billion (€7.1 billion) worth of seafood. It also consumes and estimated 25 percent of the world’s cod supply (directly and indirectly), and 46 percent of the world's haddock.

However, most of the seafood is consumed...(Click here to read the rest of the story).

--Lola Navarro

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Wednesday March 6, 5.29 p.m. CET

Whitefish processing is slowly but surely coming back to the EU

-- Dominic Welling

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Wednesday March 6, 5.12 p.m. CET

EU relies on imports for nearly 90% of the whitefish it consumes

According to Espersen's Simon Rilatt, across all fish species, 62 percent of supply into the EU is imported but, after allowing for exports, “we are actually close to 73 percent dependent in consumption terms.”

“For the 3.12 million metric tons of whitefish the dependence is 89 percent,” he said. “In other words we are only 11 percent self sufficient... (read the full article here.)

-- Dominic Welling

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Wednesday March 6, 4.05 p.m. CET

Alaska pollock industry's recovery was no accident

If you ask an Alaska pollock producer his or her thoughts on the sector between 2015-2017 you likely would hear a long sigh.

What a difference a few years makes.

Lars Fant, a director with Alaska pollock producer Arctic Storm Management, gave attendees at the North Atlantic Seafood Forum in Bergen, Norway, a view of where the industry is today: traditional markets are booming, new products are being developed, and there is a massive expansion of new markets and product formats. (Click here to read the rest of the story)

-- Drew Cherry

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Wednesday March 6, 4.01 p.m. CET

Salmon investors keen, but stick to what they know

-- Dominic Welling

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Wednesday March 6, 3.51 p.m. CET

Atlantic Sapphire CEO: Let's be realistic on land-based production

Some analysts are “overestimating” the impact land-based salmon farming will have on global production growth in the next few years, according to Johan Andreassen, from Atlantic Sapphire.

Currently constructing a giant land-based facility in Miami, Andreassen is clearly a believer in the concept, but thinks...(read the rest of the story here).

-- Dominic Welling

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Wednesday, March 6, 3:00 p.m. CET

Is Russian pollock overtaking US market? The numbers say no.

-- Drew Cherry

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Wednesday March 6, 2.50 p.m. CET

Russia’s Atlantic cod fillet processing poised for significant growth

Although the bulk of Russia’s whitefish volumes is headed and gutted (H&G) production, there are some rapid and significant shifts expected in the production of frozen at sea fillets, specifically Atlantic cod processing. (Click here to read the rest of the story)

-- Lola Navarro

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Wednesday March 6, 2.40 p.m. CET

Iceland North Atlantic whitefish outlook strongest among competitors

--Lola Navarro

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Wednesday March 6, 2.29 p.m. CET

Only good news for Iceland's haddock fleet

-- Lola Navarro

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Wednesday March 6, 2.25 p.m. CET

Fisheries Iceland Expert Vidar Engillbertsson upbeat on cod catches

-- Lola Navarro

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Wednesday March 6, 2.26 p.m. CET

It was a 6% growth in 2018 and it's looking similar for 2019

-- Dominic Welling

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Wednesday March 6, 12.57 p.m. CET

"All the trends are heading in the wrong direction"

-- Dominic Welling

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Wednesday March 6, 12.53 p.m. CET

MSC CEO: Tech-savvy millennials "deeply concerned" about oceans

Ocean sustainability is now a social issue and a major concern among tech-savvy millennials, and as the trend is set to stay new generations of consumers will only demand more sustainable seafood.

Young generations demanding sustainable practices are a driving force toward ... (click her to read the rest of the story. )

-- Lola Navarro

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Wednesday March 6, 12.45 p.m. CET

GAA: focus on sustainability, security in aquaculture

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Wednesday March 6, 12.35 p.m. CET

Industry (mostly) sees MSC go from foe to friend

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Wednesday March 6, 12.15 p.m. CET

NFI: Take a closer look at EU-US trade deals

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Wednesday March 6, 12.10 p.m. CET

They don't make it easy

-- Dominic Welling


Wednesday March 6, 12:00 pm CET

Seafood still feels the scars from the 2008 global economic downturn

-- Drew Cherry

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Wednesday March 6, 11.33 a.m. CET

Austevoll CEO: "We need to ensure that what we do is sustainable"

-- Lola Navarro

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Wednesday March 6, 11.25 a.m. CET

Austevoll CEO: Growing aquaculture is an obligation not just opportunity

It is widely accepted that in order to sustain and feed the rapidly growing population in the decades to come, aquaculture is vital – however companies should not just see this as an opportunity but rather as an “obligation,” according to Arne Mogster, CEO of Austevoll Seafood.

“Opportunity is not what...(read the full story here).

-- Dominic Welling

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Wednesday March 6, 11.17 a.m. CET

Abundant cod catches: The Barents Sea is "simply opening up"

-- Dominic Welling

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Wednesday March 6, 10.40 a.m. CET

FAO fish predictions backed up by new Lancet report

The Food and Agriculture Organization (FAO) has seen its predictions related to production, demand, consumption of fish, validated by a new report from The Lancet.

Global food production must increase by at least 60 percent by 2030, says the FAO, and that includes an estimated 200 million-260 million metric tons of fish...(read more).

-- Dominic Welling

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Wednesday March 6, 10.01 a.m. CET

Are carbon neutral emissions in fisheries possible?

Investment in technological solutions and vessel efficiency are the key factor in the reduction of fuel consumption and carbon emissions in the fishing industry.

In Iceland, fishing exports have...(read more)

-- Lola Navarro

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Wednesday March 6, 9.52 a.m. CET

"Human activity will be the determining factor in the future of the planet"

-- Lola Navarro

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Wednesday March 6, 9.40 a.m. CET

What are the main risk factors of RAS?

-- Drew Cherry

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Wednesday March 6, 9.35 a.m. CET

Insurance giant: ‘Land-based is very much a loss business’

Land-based fish farming, or more generally speaking recirculating aquaculture systems (RAS), are incredibly difficult to insure and “very much a loss business," according to Geir Myre, global head of aquaculture at insurance heavyweight AXA XL Catlin.

Accordng to him, RAS is less than 2 percent of premiums for AXA, but 5 percent of claims.

You can read the full story here.

-- Dominic Welling

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Wednesday March 6, 9.30 a.m. CET

Day one of NASF 2019 kicks off

Welcome once again to the 14th North Atlantic Seafood Forum, the world’s largest seafood business conference. This year delegates will hear from 120 speakers in 12 major seminars spread over three days in total.

Topics at this year event range from the impact of climate change on global fisheries and aquaculture to the impact of digitalization in the seafood value chain.

The conference will look at how aquaculture can tackle challenges to meet growing world food demands; it will look at the potential impact Brexit will have on European fisheries and markets; and it will look at market consolidation in the white fish, pelagics and salmon sectors.

And as usual, the forum will also give various outlooks on seafood supplies, markets, and prices for salmon, white fish, pelagics and other species.

So keep checking back to keep up with all the news.

-- IntraFish Media

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