What the coronavirus pandemic means for the global production of fishmeal and fish oil
According to IFFO, the global marine ingredients organization, fishing and production operations have continued to be carried out almost everywhere during the coronavirus pandemic. Of these, all European producers seem to be up and running. It has been possible to continue the production as the industry is part of the essential food supply chain through the feed sector. However, several new implementations have been put in place to minimize interactions and ensure the safety of the employees. The new initiatives have delayed all parts of the supply chain which may be further affected by possible infections of workers.
The virus might affect the public demand for farmed seafood and swine products, and a possible drop in demand for such products will influence the industry. Furthermore, the industry might also be affected by issues related to trade logistics as borders have shut down and caused port delays. The seafood is especially under pressure due to the closure of restaurants where a large percentage of fresh fish is consumed. IFFO anticipates that the current situation will have short-term negative effects on the demand for feed and marine ingredients, but they also expect a full recovery at the end of 2020.
IFFO concludes that the demand for fishmeal and fish oil remains robust globally despite short-term challenges in the various supply chains.
You can read more in the full update from IFFO here.
IFFO RS has changed name to MarinTrust
IFFO RS has changed name to MarinTrust. The change has been made to better communicate the value that the organisation brings to its stakeholders, i.e. trust in marine ingredients. The IFFO RS Standard is therefore now called the MarinTrust Standard.
You can read more about MarinTrust and the name change here.
Save the date: EFFOP biennial conference on 25-27 August 2021
The next EFFOP biennial conference will take place in Skagen in Denmark on 25-27 August 2021. We hope to see you there.
Every other year, European Fishmeal and Fish Oil Producers gather its members and associated members for a biennial conference. The locations of the meetings vary between the member countries. The last meeting was held in Tórshavn, Faroe Islands, in 2019 with attendants from Denmark, Norway, the United Kingdom, Ireland, Faroe Islands, Iceland, Germany, France, Spain, Czech Republic and Sweden.
EU helps the fishing sector during the coronavirus pandemic
Like many others, the fishing and aquaculture sectors are experiencing great changes in demand due to the coronavirus pandemic. Consequently, the European Commission has offered emergency aid for these sectors which includes financial compensations and support for i.a. producer organizations for the storage of fishery products and fishermen who are unable to currently fish. Furthermore, the use of the European Maritime and Fisheries Fund (EMFF) will be made more flexible for the fishermen. These initiatives all help in our sector to ensure food production and protect thousands of jobs in coastal areas.
More specifically, these temporary measures include:
- Support to fishers for the temporary cessation of fishing activities due to coronavirus.
- Support to aquaculture farmers for the suspension or reduction of production due to coronavirus.
- Support to producer organisations for the temporary storage of fishery and aquaculture products.
- A more flexible reallocation of financial resources within the operational programme of each Member State and a simplified procedure for amending operational programmes with respect to the introduction of the new measures.
You can find the complete coronavirus response from the European Commission here.
A call for more fisheries technology in Norway
According to the Norwegian journal “Økonomisk fiskeriforskning” (translated: economic fisheries research), a large proportion of Norwegian cod trawlers do not take care of the residuals from their fishery. In Norway, about two thirds of marine residue are used for production of fishmeal and fish oil whereby the resources can contribute to the production of food for human consumption. The Norwegian Government has set a strategy to achieve the best possible value for the residual raw material and ensure increased value creation in the seafood industry. The article communicates a wish from the industry that the authorities contribute towards technology development, but leave the catch regulations.