Monthly Archives: March 2014

Can Eating Seafood Save Your Life?

Farmed Seafood and Canadian Health: How Higher Seafood Consumption Can Save Lives
Click the link below to see the report prepared for The Canadian Aquaculture Industry Alliance
November 2013

CLICK HERE FOR REPORT

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    S. Florida-based Regal Springs Tilapia is the king of fresh tilapia

S. Florida-based Regal Springs Tilapia is the king of fresh tilapia

BY JULIE LANDRY LAVIOLETTE
Special to the Miami Herald

Magdalena Wallhoff has quite a fish story to tell. But this is about the one that didn’t get away.

Born in Switzerland and raised partly in Indonesia, Wallhoff was 7 when her father, Rudi Lamprecht, started a fish farm in Java in 1988.

Twenty-five years later, Regal Springs Tilapia, now headquartered in Miramar, is among the largest single producers of farmed tilapia in the world. In 2014, the company estimates it will supply 60 percent of the fresh tilapia sold in the United States, about 36 million pounds. Regal Springs also holds about 8 percent of the market share of frozen tilapia sold in the U.S., about 40 million pounds.

Read more here: http://www.miamiherald.com/2014/03/09/3981851/the-king-of-fresh-tilapia.html

 

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    Risks Associated with Using Methyl Testosterone in Tilapia Farming

Risks Associated with Using Methyl Testosterone in Tilapia Farming

Despite widespread use of the androgen 17α-Methyl Testosterone (MT) in tilapia farming, the implications of tilapia hormone treatment in relation to human health and the environment have not been well articulated to the fish trade, or the general public. The purpose of this white paper is (a) to explain clearly why MT is widely used by the producers of farmed tilapia; and (b) to demonstrate why there are no risks to consumers, and no known risks to producers or the environment, provided the recommended best practices for MT use in aquaculture are followed. These best practices are described, so that tilapia dealers can ensure that their suppliers are taking the necessary steps to protect consumers, fish farm workers and the environment.

 

Click HERE to download and read the complete paper.

The Feinstein Group Takes Over Fresh Catch

The Feinstein Group Takes Over Fresh Catch
March 4, 2014

The Fresh Catch Tilapia Farm in La Democracia will be going back into operation and the man at the helm will be developer Mike Feinstein. Feinstein told 7News that the deal was finalized last Friday and his group will bring everything back into operation and expects to be harvesting in about a year.

 

That's a dramatic change for the company that's been in receivership after the First Caribbean Bank foreclosed on it in 2010. That was under the Mena group. The Mena's had financing difficulty but still they were doing 4.3 million pounds of fish at their peak in 2008 - and Feinstein told us he is confident he can bring it back.

 

Feinstein says he will be rehabilitating the farm and within three to four weeks he will be importing fish and putting them back into the ponds.

 

And so what's the price? Well, Feinstein is sure to be getting it on the cheap at a distress price. At its inception, before expansion the farm was valued at 36 million Belize dollars and in 2011, the Mena's tried to bring it back with a 15 million dollar buyout form the bank, which was said to be a price of 38 cents on the dollar. That attempt failed.

 

Feinstein told us that pond rehabilitation started yesterday. The buyout is seen as a major shot in the arm for a fish farming industry that had died off.

 

See the original post here http://7newsbelize.com/sstory.php?nid=28076

Mexican tilapia farm to supply West Coast

Mexican tilapia farm to supply West Coast
By SeafoodSource staff

American seafood farming company Tropical Aquaculture Products has announced a partnership with a new tilapia farm in Mexico.

The company has begun operations at Acuicola Gemso, producting tilapia in a cage system in the Novillo Reservoir, east of Hermosillo, Sonora, Mexico. The company expects a new processing facility to open in early 2015.

Gemso has been producing tilapia for nearly five years, and claims to not use any preservatives or gases that may alter, extend or prolong natural color or shelf life.

Tropical Aquaculture, in a statement, said the company is planning for its first audit for the Global Aquaculture Alliance's Best Aquaculture Practices certification. The company expects to have the certification by May of 2014.

Tropical Aquaculture expects to be able to use the farm to supply Tilapia to the U.S. west coast. - See more at: http://www.seafoodsource.com/en/news/aquaculture/25644-mexican-tilapia-farm-to-supply-west-coast#sthash.86C6jvwZ.dpuf

Published on 03 March, 2014 at http://www.seafoodsource.com/en/news/15-aquaculture/25644-mexican-tilapia-farm-to-supply-west-coast?utm_source=Informz&utm_medium=Email&utm_campaign=Insert+Campaign+Name+here