ST ANDREWS, Scotland -- Undercurrent News was reporting live from the Scottish coastal town of St. Andrews for the 2024 Responsible Seafood Summit.
The packed two-day show, running Oct. 21 and 22, featured a focus on technology as well as the usual supply outlooks from Rabobank's Gorjan Nikolik and Kontali's Ragnar Nystoyl. Catch up on all the headlines from the second day of the event below.
Walmart looking into alternative salmon feeds, smallholder shrimp farm collaborations
Across different panel discussions during this week's summit, representatives from US retail giant Walmart offered their insight into the retail giant's work in sustainable seafood sourcing. Click here to read in full.
German RAS secures €35m funding to scale up to 2,000t
Germany-based recirculation aquaculture system (RAS) technology firm Oceanloop secured a loan of €35 million from the European Investment Bank (EIB) this month to scale up, chief technology officer Bert Wecker revealed. Read more here.
Sandhya CEO: Rise of farming tech means smallholder shrimp farms no longer 'invisible'
From being essentially hidden and not caring about certification schemes, many Indian shrimp farmers with just a few hectares of ponds are now interested in the market access they bring thanks to the rise of digitization technology, according to Kunam Chowdary, CEO of Sandhya Aqua. Click here to read his thoughts in full.
Seafood Exchange's Larkin hopeful of US demand improvements in 2025
After some tough years since the end of the COVID-19 pandemic, US retail demand for frozen shrimp should pick up in 2025, believes Travis Larkin, president and owner of Seafood Exchange. Read his expectations in more detail here.
Kontali expects minor recovery in China's shrimp imports by Q4
China should see a minor recovery in shrimp imports by the final quarter of 2024, said Ida Skancke of Kontali, noting that the country's total market supply came in close to 1.2m metric tons altogether over the first eight months of 2024. Read more here.
Norway's share of world coldwater shrimp trade up to 10% in 2024, Greenland's exports slide
Norway's share of the global trade in coldwater shrimp has climbed from 1.7% in 2019 to 10.1% in the first eight months of 2024, according to data presented by Fabienne O'Donoghue of Expana. Click here to read more.
2025 GSA summit heads to Colombia
Next year's Responsible Seafood Summit will be held in the coastal city of Cartagena, Colombia, revealed Carlos Ramirez, the Global Seafood Alliance's coordinator for Latin America. Read more details here.
Scotland's Lunar achieves MarinTrust certification for salmon feed ingredients
Scottish pelagics and whitefish company Lunar has this year achieved the MarinTrust factory standard certification for sidestream products made at its processing division, said the certifier's Libby Woodhatch. Click here for more.
Tesco: Past 12 months saw good volume sales growth
Despite the difficulties posed to all by inflation and the cost of living crisis, Tesco -- the UK's largest retailer -- has seen good volume sales growth, said the group's head of sustainable agriculture and fisheries, Natalie Smith. You can read more here.
Hilton tests Seafish carbon emissions profiling tool.
UK seafood and meat firm Hilton Food Group has been helping to develop and test a new carbon emissions profiling tool alongside public body Seafish, according to the latter's Stuart McLanahan. Click here to read more.
Ecuador shrimp supply growth changes to lower gear, unlike Brazil
Ecuador's vannamei shrimp farming -- "the fastest-growing major aquaculture industry in the world" -- is changing to a lower gear this year and next, according to the forecast presented by Rabobank's Nikolik. Read more of his analysis here.
Global farmed shrimp supply growth slows but remains positive
The global supply of farmed vannamei shrimp has slowed in 2023 and 2024 but remains positive and should do so again in 2025, according to the forecast presented by Nikolik. Click here for more details on Rabobank's shrimp outlook.
M&S buyer: Fish stunning becoming so widespread that some workers won't work without it
In-water electrical fish stunning is becoming so normal that some seafood factory or vessel workers will now refuse to work without the technology, said UK retailer Marks and Spencer's fisheries and aquaculture manager Linda Wood. Click here to read more from the summit's fish welfare session.
Shift to non-ablation in shrimp may not mean hike in production costs
A move from farmed shrimp eyestalk ablation to alternative, non-ablation methods may not bring the increase in production costs that may have been expected, according to research by Simao Zacarias of Scotland's University of Stirling. Click here for more.
Cargill expects to see more 'policy FIPs' as climate change impacts fisheries
We are likely to see more "policy FIPs" (fishery improvement projects) -- a concept first designed for North Atlantic pelagics stocks -- globally as climate change alters the distribution and patterns of stocks, said Benjamin Weis of Cargill. You can read more of his thoughts here.
Scotland's spatial planning needs greater clarity
Scotland's marine strategy needs greater clarity of direction and some decisions needed, according to a panel of three representing the fisheries, offshore wind, and aquaculture sectors. Read their opinions in full here.
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