BANGUED, Abra, Jan. 19(PIA)- – The Bureau of Fisheries and Aquatic Resources (BFAR) regional office released this month a total of 300,000 tilapia fingerlings to the province.
According to Provincial Fishery Officer Mr. Jesus Astrero, these fingerlings are distributed to fish folks and fish pond owners in the municipalities of Lagangilang, Sallapadan, Peñarrubia, Lagayan, Bucay, Pilar, Bangued, Dolores, San Juan, Tubo and Tayum.
“Other tilapia fingerlings will be placed in communal body of water or rivers while fingerlings left in the office will be dispersed in Calaba River,” he said.
These fingerlings are expected to grow in number to help the community have additional source of living.
The first stock of fingerlings from BFAR was requested by Governor Eustaquio P. Bersamin to augment the loss resulting from strong typhoons that struck the province last year. (JDP/GBB- PIA CAR, Abra)
Homebred Tilapia producers are best positioning themselves for the paradigm shift already under way
BONITA, CA – December 23, 2015 — Few realize it, but the United States’ seafood market is worth a whopping $60 billion, mostly shrimp. Even more amazing, most consumed seafood in the U.S. is imported. This is good news for New Global Energy Inc. (OTCMKTS: NGEY), who seeks to close the loop on fully sustainable fish farming that’s safe and healthy for Americans.
With greater oversight and greater scrutiny of the seafood industry falling into place, however, United States consumers are understandably hesitant to consume more fish. Not only is the quality of this foreign seafood being increasingly questioned, safety concerns are now the norm.
Perhaps no other sliver of the seafood market has been held back by quality and safety concerns as much as tilapia has. That concern is creating opportunity for American providers, however, which can verify and validate their fish, is not only of the highest quality, but meets the highest safety standards.
It’s this aspect of the maturing U.S. tilapia market in fact, the SmallCap Network research staff believes could provide a potentially compelling opportunity for investors in 2016.
In spite of the country’s capable seafood production business, more than 90% of the seafood eaten in the United States is imported. Tilapia is no exception. The majority of the tilapia eaten in the U.S. comes from China, Indonesia, Ecuador, and Honduras, just to name a few. Not all of these countries necessarily have the same safety and quality standards the U.S. may have. And, perhaps worse, even where standards are strong, the enforcement of those standards may or may not be consistent.
As an illustration of the concern, a 2009 report from the U.S. Food and Drug Administration, noted that over the course of the eight prior years, a great deal of the tilapia imported from China had been banned from being shipped to the U.S. because those “fish are often raised in ponds where they feed on waste from poultry and livestock.”
Of course, even where farm-raised tilapia isn’t consuming waste, mercury consumption is an ongoing and valid concern.
It’s not to say all Chinese fish farms are guilty of breeding tilapia in conditions that make them unsafe for consumption, and to the country’s credit, enforcement of minimal standards is improving. But, with 200 million small, independent aquafarms of less than two acres per farm coupled with the fact that China produces a whopping 40% of the world’s tilapia supply, regulatory oversight is still tenuous at best.
It’s unfortunate tilapia’s reputation has been damaged too, as it’s a particularly good source of protein. Aside from being a source of omega-3 fatty acids (which are important for brain function), one serving of tilapia can provide half the daily recommended amount of protein intake.
It’s this convergence of growing demand for tilapia and fear of consuming it that has presented an opportunity for U.S.-based providers, who can breed the fish safely and effectively, and in a venue that’s easy for consumers and regulators to verify is safe and clean.
Individual companies like New Global Energy Inc. (OTCMKTS: NGEY) are quietly working to lead the charge.
Those who know New Global Energy well likely know it as a Moringa farm. Moringa is the world’s newest superfood, rich in nutrients and full of antioxidants. However, the Company’s entry into the Moringa business was actually fueled by New Global’ s aim to grow its own fish feed, so it would know exactly what its tilapia were consuming.
New Global Energy, through its subsidiary Aqua Farming Tech, has also gone to great lengths as well as expense, to ensure the water it breeds its fish in is properly filtered, safe, and clean. This new found process of full sustainability is receiving rapid growth adoption across many industries.
The bulk of New Global Energy’s aqua farming growth plans are in front of it. As was recently noted in seafood industry publication Undercurrent News, the company aims to produce 27,500 pounds of tilapia per week by the first quarter of 2017, and the potential addition of a third and possibly even a fourth fish farm could ramp up that level of output. That translates into a few million in annual tilapia sales, making NGEY a potentially exciting prospect for investors.
SAN DIEGO–(BUSINESS WIRE)–Chicken of the Sea continues to make a name for itself in pouched seafood with this week’s launch of Tilapia Select Fillets, a new line of single-serve, 3-oz. pouches containing America’s most popular white fish seasoned with the latest on-trend flavors.
The four new shelf-stable products target seafood fans looking to combine the health benefits of tilapia with an economical protein alternative in salads, sandwiches and rice bowls for lunch, snack time or dinner. The San Diego-based seafood provider is making the new line available at retailers nationwide for an SRP of $2.49.
According to a growing number of health professionals, tilapia plays an important role as the FDA looks to significantly increase recommended seafood consumption levels in the U.S. in the coming months.
“Americans simply aren’t eating enough lean seafood,” explained Serena Ball, registered dietitian and founder of TeaspoonOfSpice.com, where she helps families find shortcuts for making healthy homemade meals. “Not only is Tilapia an affordable, high-quality protein option, its high selenium content makes it essential for boosting cognitive function and enhancing the immune system. Selenium is also important in body metabolism.”
Answering the increased call for affordable seafood, Chicken of the Sea Tilapia Select Fillets represents several product firsts: the first single-serve, shelf-stable pouched tilapia; and the first line of flavored tilapia. The new line also comes on the heels of the 2014 launch of Chicken of the Sea Flavored Salmon Pouches, an industry first from the brand that introduced the world to boneless, skinless salmon in 1984.
Chicken of the Sea’s four new Tilapia Select Fillets varieties exceed industry benchmarks on likeability, flavor and purchase intent in brand testing. They include:
- Chicken of the Sea Tilapia Select Fillets in Marinara Sauce: Sustainably caught Chicken of the Sea tilapia seasoned with a flavorful Marinara sauce in a 3-ounce single-serve pouch.
- Chicken of the Sea Tilapia Select Fillets in Teriyaki Sesame Sauce: Sustainably caught Chicken of the Sea tilapia seasoned in a bold, tangy Teriyaki Sesame sauce in a 3-ounce, single-serve pouch.
- Chicken of the Sea Tilapia Select Fillets in Santa Fe Sauce: Sustainably caught Chicken of the Sea tilapia seasoned with a zesty Santa Fe sauce in a 3-ounce, single-serve pouch.
- Chicken of the Sea Tilapia Select Fillets in Yellow Curry Sauce: Sustainably caught Chicken of the Sea tilapia seasoned in savory Yellow Curry sauce in a 3-ounce, single-serve pouch.
“With the launch of the Chicken of the Sea Tilapia Select Fillets, Chicken of the Sea continues the pouched seafood innovation story it started last year with Flavored Salmon Pouches,” said Maureen McDonnell, Chicken of the Sea director of brand marketing. “Tilapia has become the new seafood of choice for discriminating seafood lovers looking for a mild-tasting, affordable white fish – and our new single-serve pouches give families four innovative new ways to enjoy the fish over rice, pasta or greens, or even straight out of the pouch.”
According to McDonnell, tilapia is now the second-most consumed seafood in restaurants and fourth-most consumed seafood at home. She says the launch coincides with anticipated new FDA advice encouraging more seafood in Americans’ weekly diet. This includes pregnant and breastfeeding women, which the U.S. Food and Drug Administration (FDA) is expected to recommend eat two-to-three servings of seafood every week to encourage prenatal brain development.
Expected to be filed this year, FDA’s amended guidance follows exhaustive reviews of the positive health effects of eating fish — including the high levels of vitamins, minerals, amino acids and omega-3 fatty acids — which point to the need for expectant and nursing women to quadruple their seafood intake.
Chicken of the Sea is introducing new recipes and serving suggestion to accompany the launch of its Tilapia Select Fillets. To access the company’s growing library of recipes, serving and meal-planning suggestions for its tilapia and other seafood products, go to www.chickenofthesea.com.
About Chicken of the Sea
Founded in 1914, Chicken of the Sea (COS) is a leading provider of healthy, sustainable and delicious seafood, offering not only a robust product line but the recipes and meal-planning insights needed to inspire seafood lovers to greater culinary creativity and inspiration. The company provides tuna, salmon, clams, crab, oysters, shrimp, mackerel, kipper snacks and sardines in cans, cups and pouches as well as innovative new products consistent with seafood’s growing status as a healthy “new” protein choice in America.
Headquartered in San Diego, COS sustainably sources its seafood products from around the world, and packages them at a state-of-the-art processing facility in Lyons, Ga., as well as at third-party facilities. The company is led by a team of industry veterans with more than 300 years of collective experience in the packaged seafood industry.
For information on Chicken of the Sea, including recipes, serving suggestions and nutritional and meal-planning insights as well as information on the latest new Chicken of the Sea products, go to www.chickenofthesea.com.
for Chicken of the Sea
São Paulo, August 24, 2015 – Aqua Capital, private equity fund with operations in the agribusiness, logistics and food industries in Brazil and South America, has just acquired the controlling stock of GeneSeas, one of the leading producers of tilapia in Brazil, with units in the states of São Paulo and Mato Grosso do Sul.
With Aqua Capital’s investment, GeneSeas gains greater financial capacity for already planned expansion and modernization investments. The short-term projects include a new packing plant, and a new fattening unit by the Quitéria River, both located in the state of Mato Grosso do Sul.
“GeneSeas is widely recognized in the market, especially for its tilapia production, top quality, efficiency, and sustainable practices. Moreover, it has great potential for growth,” said Aqua Capital’s founding partner Sebastian Popik.
With a current 2% market share in tilapia production in Brazil, the company will strive for reaching nearly 5% by 2019. The company also exports to the very rigorous U.S. market, and sells salmon in Brazil.
This is the third large deal closed by Aqua Capital in 2015. The company announced, in the first half of the year, the acquisition of Grand Cru, the country’s largest wine store chain. In the agribusiness market, it acquired Dimicron and merged it into Aminoagro, forming one of the three-largest foliaceous fertilizers in Brazil.
About Aqua Capital
Founded in 2009, Aqua Capital’s investment philosophy is to seek positions in companies with potential for leadership in the agribusiness, food, and logistics chain. “We believe in true and advantageous partnerships. We seek companies that are typically family-owned, which we can offer our support to through a management team that combines operational expertise and and entrepreneurial approach,” said Sebastian Popik. Investors of Aqua Capital also include endowments and funds of funds, and the company has nearly R$650 million in assets under management.
Friday, Nov 20
9:00 AM – 4:30 PM
This one day class is for entrepreneurs, investors and individuals interested in starting an aquaponics business. It showcases the business and investment opportunities that aquaponics offers. Aquaponics fills the demand for local, premium quality, fresh food on a year ‘round basis. Nelson and Pade, Inc.’s Clear Flow Aquaponic Systems® have continuous production and continuous cash flow and the premium quality vegetables and fish are easy to market.
Nelson and Pade, Inc. provides a complete start up package with comprehensive training, science-based, proven system designs and long term grower support….all without a franchise fee or royalty payments. Nelson and Pade, Inc’s patented system design and University accredited training programs demonstrate leadership and credibility in a rapidly growing industry.
•Greenhouse Tour (1 hour)
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•Break for lunch (included)
•Planning and Startup of and Aquaponics Business (1 ½ hour – classroom)
•Grower Profiles: Success with Nelson and Pade Clients (1/2 hour – classroom)
•The Nelson and Pade Plan (1/2hour – classroom)
Better than a franchise
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Operation manuals, SOP’s, GAP manual
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Includes: class materials, lunch, T-shirt, discount on additional training or system purchase
Who should attend: Entrepreneurs, investors, anyone considering a franchise, anyone looking for a proven system and procedures
For information on registering for the Business and Investment Opportunities in Aquaponics class
Qingdao, 3 November 2015 – Qionghai Zhongpingzi Grobest tilapia farm and Chengmai Xingyuan Development Co Ltd have become the first Chinese farms to achieve Aquaculture Stewardship Council (ASC) certification. This landmark achievement reflects the pioneering initiative and efforts of a few farms in the industry to tackle some of the major challenges facing tilapia farming in China.
The success of the farms and their respective processers Hainan Xiangtai Fisheries Co., Ltd and Hainan Sky-Blue Ocean Foods Co., Ltd was celebrated today during the Sustainable Seafood Forum in Qingdao. The formal handover of the certificates was conducted by the independent certification body that assessed the farms against the ASC standard, Intertek. The ceremony was attended by government officials, seafood industry representatives, NGOs and the media.
Qionghai Zhongpingzi Grobest tilapia farm and Chengmai Xingyuan Development Co. Ltd are the first among a number of farms that undertook pre-assessments with help from WWF China to see if they operated in a way that meets the ASC Tilapia Standard. A third tilapia farm, Wenchang Zhou Qinfu, has been assessed against the ASC standard and hopes to be certified soon.
Achieving ASC certification brings global recognition that Qionghai Zhongpingzi Grobest tilapia farm and Chengmai Xingyuan Development Co. Ltd are operating in a responsible way. It marks the start of their contribution towards a global market for responsibly produced seafood.
Mr Yang Huaying, Deputy Executive Director Hainan Sky-Blue Ocean Foods Co. Ltd said: “We are pleased that Qionghai Zhongpingzi Grobest has passed the assessment against the ASC Tilapia Standard. ASC certification allows us to prove to our customers that we are committed to responsible aquaculture.”
Mr Liu Rongjie, President Xiangtai Fisheries Co. Ltd, said: “For us it is important be able to show through a third party that our ambitions towards responsible tilapia farming have been achieved. The ASC certification of Chengmai Xingyuan Development Co. Ltd helps us communicate this to our stakeholders.”
Making progress towards a more environmentally sustainable and socially responsible tilapia sector in the Chinese aquaculture industry has been achieved through a partnership between ASC, the China Aquatic Products Processing and Marketing Alliance (CAPPMA) and WWF China. As a result the industry has begun to make real strides in improving the transparency of Chinese tilapia aquaculture.
Dr Cui He, Executive Vice President, CAPPMA, said: “I would like to congratulate the Qionghai Zhongpingzi Grobest and Chengmai Xingyuan Development Co. Ltd for becoming the first tilapia farms in China to meet the rigorous requirements of the ASC Tilapia Standard. CAPPMA has been diligently working with ASC and WWF China to promote responsible aquaculture in China. This is a major step towards responsible aquaculture in this important market.”
Credible and independent farm certification
ASC does not audit or certify farms itself; this is done by independent certifiers. The certifiers have to undergo a rigorous process of accreditation by a company that is independent of ASC, Accreditation Services International (ASI). ASI also monitors the performance of accredited certifiers. Before certifiers can formally undertake audits their staff must have participated in an ASC Auditor Training course and passed the mandatory exam to demonstrate their full understanding of and competence in the application of the standard.
Chris Ninnes, ASC’s CEO, said: “These certifications reflect the substantial efforts of the farms to make real improvements in their operations. The farms were subject to scrutiny by a team of independent experts, which assessed them against the strict requirements of the ASC Tilapia Standard. This is a major milestone and they should be immensely proud of their achievements.”Throughout the assessment process stakeholders had the opportunity to input into the farm audits, with their views actively sought. This is a unique feature of the ASC programme.
The ASC Tilapia Standard development
Jin Zhonghao, Director of Market Transformation, WWF China, said: “The ASC standard for tilapia aquaculture was created by a series of open roundtable discussions coordinated by the WWF. The multi-stakeholder initiative involved more than 200 tilapia farming experts including producers, conservationists and scientists. The resulting standard is incredibly robust, built on scientific knowledge and practices aimed at addressing the key negative environmental and social impacts of the industry.”
By meeting the ASC Tilapia Standard the Qionghai Zhongpingzi Grobest Tilapia Farm and Chengmai Xingyuan Development Co. Ltd have demonstrated that they are well managed and minimise any adverse environmental or social impacts by, for example, focusing on the conservation and quality of water resources, no misuse of antibiotics, minimising escapes, compliance with strict feed requirements and meeting a range of social requirements.
Contact: Sun Brage
Aquaculture Stewardship Council
T: +31 (0)30 230 56 92
Aquaculture Stewardship Council (ASC): www.asc-aqua.org
China Aquatic Products Processing and Marketing Alliance (CAPPMA): www.cappma.org
World Wide Fund for Nature-China (WWF-China): www.wwfchina.org
New Global Energy, Inc. (OTC: NGEY) (“NGEY”) (“the Company”), a public company focused on Aqua-Farming, Agriculture, and Health & Wellness, announced today that it has launched the tilapia spawning season at its farm in California’s Coachella Valley with a record number of fish. New financing commitments from outside investors mean the coming year should prove to be record setting in terms of the number of sustainable fish grown and ultimately sold on the company’s farm.
October is a critical month for planning and preparation since fish are seasonal and the new fingerlings will reach sufficient size from October through mid-November before temperature drops and will survive the mildly cold months of December and January. To help insure strong growth and because consumers increasingly demand healthy seafood, New Global feeds its fish a formula that is free of GMOs, antibiotics and chemicals and which includes the perfect blend of the superfood Moringa, nutrient rich algae, and a proprietary blend of other ingredients.
“New Global Energy is at the forefront of developing and implementing the most advanced, sustainable, ecologically sound methods of producing clean, quality seafood. Sustainable features of our farm include the use of solar electricity, nutrient dense fish food, water recirculation through ponds that contain plants that clean the water for re-use, and the nutrient rich fish pond water that is also used to irrigate the Moringa used for the fish feed,” said New Global Energy’s CEO Perry West.
Tilapia is an ideal fish due to its excellent taste yet less than 10 percent of tilapia consumed in the United States is farmed domestically. According to the National Fisheries Institute, tilapia now ranks fourth on its ‘Top Ten’ list of the most consumed fish and seafood in the United States. During 2010, the average consumption of tilapia was nearly 1.5 pounds, up from 1.2 pounds per person the previous year. A recent United Nations study predicts that unless something changes, most commercial fisheries will be producing less than 10% of their one time potential by the middle of this century. The United States imports about 86 percent of its seafood and only half is wild caught. The global demand for farm-raised fish is expected to double by 2030.
About New Global Energy, Inc.
New Global Energy, Inc. (http://www.newglobalenergy.net ) is a public company focused on acquiring high-growth firms, assets and properties in the Aqua-Farming, Agriculture, and Health & Wellness industries. The trading symbol is NGEY traded on the OTCPK. New Global Energy seeks to create sustainable projects and protect the environment.
About AquaFarming Tech
Aqua Farming Tech http://www.aquafarmingtech.com is a wholly owned subsidiary of New Global Energy Inc. and a leader in the seafood industry that has been farming tilapia in the Coachella Valley since September 1993. Its state of the art aquaculture operations are conducted from two farms encompassing 120 acres. As an industry innovator, Aqua Farming Tech was the first farm with more than 60 tanks, one of the first farms to build above ground cement tanks, the first farm to utilize a mechanical aerator to improve the oxygenation of its water, the first farm to develop and implement a method of recycling its water and the first farm to generate a significant percentage of its power from solar and the first farm to self-manufacture its own feed. Aqua Farming Tech is a fish farm/hatchery founded and run by Rocky French that is dedicated to producing the purest, best tasting seafood anywhere.
TIBERIUS, Israel, June 24, 2015 /PRNewswire/ —
Israel Snir, who is recognized as the pioneer of the Tilapia aquaculture and processing industry in Israel and worldwide, paid a special visit today to the Church of the “loaves and fishes” in Tabgha (Church of the Multiplication on The Banks of the Sea of Galilee) to strengthen the hands of the local people. Snir brought a large consignment of fish and loaves to the grateful clergy.
Snir said: “The move is meant to show solidarity with the pain of the church, in alignment with the preservation of this special place, and as a moral duty to express our opposition to the recent expressions of hatred and violence towards the church – and ask for forgiveness, though we have no direct involvement.
“I came as an individual, not on behalf of any organization but my conscience. I want to atone for the vandalism and to express the disgust and insult to the basic values of all human society, with hopes to repair the damage to the reputation of Aquaculture in Israel, and to minimize further damage to the tourism industry and the degradation to Israel’s world image.”
After meeting the leaders of the church, Snir said: “Aggressive and violent, extremist fanatics hit Christian neighbors’ sacred site in an attempt to destroy a subtle but long-standing relationship based on mutual respect for human dignity – whatever our faith may be. They struck the church and its property – but not its spirit, they attempted to break the common faith that allowed for the harmonious life we have shared.”
Snir offered condolences, gratitude and sympathy with the pain of the church. “In recognition with the preservation of this miraculous place, we feel a moral obligation to say clearly that we are opposed to any expressions of hatred and violence towards you – and we ask for your forgiveness. We have come to revive the miracle again – we offer your church a symbolic gift of bread and fish!”
Israel is well known as the holy country due to its many places sacred to believers of Christianity, among them the Bread and Fish Church on the shore of the Sea of Galilee. But the church is much more than another holy site. Burning the church is a serious blow not only to the church but to many others all over the world for whom the story of the miracle of the loaves and fishes is a source of faith, inspiration, but first of all a source of life.
The miracle, in simple form, as recounted in the New Testament:
“But, lest we cause them to stumble, go thou to the sea, and cast a hook, and take up the fish that first cometh up; and when thou hast opened his mouth, thou shalt find a shekel: that take, and give unto them for me and thee.” (Matthew 17:27)
Israel Snir, who was born on Kibbutz Neve Eitan of the Beit She’an Valley, a pioneer of the industry in the country, took the Tilapia, established a first in its class industrial processing factory named “Dag Shean” which lead the way to the first ever Tilapia fillet product to be introduced to the US and Europe and to the creation of one of the major seafood products produced and consumed today.
Over the last thirty years, the fish, known by names such as Ammon, Musht, Tilapia, Saint Peter’s Fish, has become the most important fish species globally, grown and locally consumed in more than 100 countries.
SOURCE Ronen Hillel Communications
The Indian aquaculture industry is one of the most promising industries on global scale. As Indian Carps has gained tremendous popularity among different cuisines, government is taking initiatives to further elevate the demand of Indian aquacultured species. The subsidies and assistance provided by the government for development of aquaculture has been driving its growth in the industry. Both the Central and the State Government have undertaken several policy initiatives and measures to boost the growth of fisheries industry of India.
Various initiatives like Development of Freshwater Aquaculture, implemented by Fish Farmers Development Agencies (FFDAs), is an important scheme in inland sector. In order to boost inland fish production, assistance in the form of subsidy is given to the fish farmers for construction of new ponds, renovation of ponds and tanks, on first year inputs (fish seed, fertilizers, manures, etc.), integrated fish farming, running water fish culture, establishment of fish seed hatcheries and fish feed mills, etc. Hence, the fish farmers are motivated towards culturing the fishes and acquiring the above benefits, thus demanding more aquafeed. Also, based on the expected growth in the aquaculture industry in the country, the demand for aquafeed is bound to increase in the future.
The report “India Commercial Aquafeed Market Outlook 2018” provides an indepth and rational analysis of the commercial aquafeed market in India. It covers market forecast till 2018 for the production of major aquacultured finfishes like carps, tilapia and catfishes, along with aquacultured shellfish. Since the aquaculture production is expected to increase in the future, the production and consumption of commercial aquafeed is also bound to increase. Thus, the report also covers commercial aquafeed market forecast till 2018, which has been further fragmented into commercial finfish feed and commercial shrimp feed market.
The forecast for production and consumption of commercial finfish (i.e. carps, tilapia & catfish) feed have been drawn till 2018. A section about the major ingredients used in commercial finfish feed and their inclusion rate to generate a brief understanding of the kind of ingredients that will be in demand has also been provided in the report. Further, an overview of the drivers and the government initiatives, which have the capacity to put the industry on a growth trajectory, has also been given. We have also identified the challenges faced by the industry along with a brief overview of the FCR of various finfishes. The report also covers business overview of various well known industry players.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM660.htm
April 27, 2015 – PANAMA CITY, Panama — Open-ocean tilapia producer Aquasense Panama, S. de R.L., an affiliate of the U.S. holding company Aquasense International Corp., has begun site preparation at its Gulf of Panamá ocean site in the Republic of Panamá, where the company plans to develop the seafood industry’s first-ever open-ocean project for farm-raised saltwater tilapia products for the USA market.
“Our project has been gaining traction since we announced it last year and, thanks to additional seed funding, pre-ops can start,” said James F. Reilly, president and CEO of Aquasense. According to Sjef van Eijs, chief operating officer of Aquasense, “We are excited about getting in the water for site preparation and we expect to do this work on time and on budget.”
In March, the company signed a letter of intent (LOI) with Miami-based Gamma Seafood Corporation, a division of the Alfa Gamma Group, to market and distribute products resulting from this innovative project.
Aquasense Panama is an early-stage aquaculture company with the mission of contributing to meeting the rising food needs of a growing world population in a sustainable manner. “We have developed a non-traditional farming method for tilapia based on our preliminary research,” said Reilly. “That research showed that, when tilapia are reared in the full salinity of the open ocean and given nutritious food, the result is a much-improved fish product in terms of both taste and texture. In 2007, we set out to change the paradigm of fish farming by bringing our operations to the pristine waters surrounding Panama.”
The project responds to predictions about world population growth and demands for seafood. “We see this project as a sustainable solution to a global problem,” said Reilly. “The U.S. Census Bureau is projecting that the global population will explode to 8 billion by the year 2020. The U.N. is projecting that the world will need an additional 40 million tons of seafood by the year 2030. With commercial fishing fleets unable to meet the growing demand, the only viable solution is aquaculture. Our mission is to contribute to meeting the rising food needs of a growing world population in a sustainable manner. We are very excited about taking the next step in bringing this important process to fruition.”
For more information about Aquasense and its projects, go to www.aquasense.com.