Tuesday, September 10, 2024

OptiFeeSH pilot program: waiting list now open for aquaculture producers

September 10, 2024 - Sparos Ltd, aquaManager, Flatlantic - Actividades PiscĂ­colas and BlueAnalytix have announced the launch of the OptiFeeSH pilot waiting list following its introduction at AQUA24. OptiFeeSH is an innovative tool designed to optimise fish feeding strategies, and they are now inviting aquaculture producers, especially those focusing on tilapia and seabream, to participate in pilot programs.

Calling all tilapia and seabream farmers

Having worked in the aquaculture industry for years, aquaManager understands the complexities that come with managing feeding processes. OptiFeeSH is their answer - a groundbreaking solution that combines advanced data analytics, technology, fish nutrition expertise and industrial R&D to empower fish farmers with better decision-making and optimised results.

Collaborative innovation for the future of aquaculture

The development of OptiFeeSH is the result of a strong collaboration between four industry leaders - Sparos Ltd, aquaManager, Flatlantic and BlueAnalytix. "Together, we bring a wealth of expertise in fish nutrition, technology and data-driven solutions to deliver a tool that simplifies complex feeding challenges while promoting sustainability and efficiency in aquaculture." says the team.

Why OptiFeeSH?

It offers advanced capabilities to help farmers manage their feeding processes effectively:

  • Select the best feeding plans: Tailored recommendations to meet your farm's specific needs and production goals.
  • Monitor production performance: Real-time insights to help you detect and address any deviations in production.
  • Data-driven decisions: Utilise sophisticated fish simulation models, enriched data and optimisation algorithms to ensure optimal feeding.

Sign ip for the pilot program today

OptiFeeSH is now seeking pilot participants. Be one of the first to trial this tool and help shape the future of aquaculture feeding optimisation. By joining the pilot program, producers will gain early access to cutting-edge technology and the opportunity to contribute feedback that will shape the final product.

For more information and to sign up, visit HERE.

The Aquaculturists

Aquaculture Vietnam 2024 to take place in October

September 10, 2024 - Vietnam benefits from a long coastline and a dense river system, offering great potential for the development of its fisheries industry. Notably, the aquaculture sector plays a crucial role in the fisheries economy, making significant contributions to national food security and exports. 

According to the Directorate of Fisheries, total aquatic production output in the first six months of 2024 exceeded 4.38 million tonnes, marking a 2.7 percent increase compared to the same period in 2023, with aquaculture accounting for over 2.43 million tonnes. The total export turnover of aquatic products reached US$4.355 billion, a 4.9 percent increase over the same period in 2023.

Despite its successes, the industry still faces numerous challenges, including epidemics that cause significant losses for farmers. Climate change, with extreme events like drought and saltwater intrusion, has impacted water quality and production. Environmental pollution from industrial and agricultural activities has also posed many difficulties for the aquaculture sector. Additionally, intense competition and rising trade barriers from major markets such as the US and European Union have created substantial obstacles. 

To adapt to market changes and to ensure sustainable development, the aquaculture industry must focus on several key solutions. First, promote digital transformation and the adoption of modern technology in production. Second, ensure food safety and hygiene by establishing a traceability system, controlling product quality and meeting international standards. Third, expand the market by enhancing trade promotion, exploring new markets and increasing the brand value of Vietnamese seafood. Additionally, international cooperation to gain experience and access new technology is also a crucial strategy.

Reducing greenhouse gas emissions in aquaculture is a crucial factor in developing a sustainable green economy. One potential solution is to adopt low-emission feed alternatives. Transitioning to algae-based feed or insect protein can help reduce the industry's carbon footprint. Additionally, integrating renewable energy sources, such as solar and wind power, into aquaculture operations can further reduce emissions. These energy sources can power aeration systems, water pumps and other essential equipments, decreasing reliance on fossil fuels. 

With a vision for the sustainable development of the aquaculture sector, the Vietnamese government and relevant associations have proactively implemented various policies to support farmers. These include offering preferential credit, technology transfer, aquatic breed support and infrastructure development. Additionally, national target programs focused on developing new rural areas and advancing the marine economy, along with preferential policies to attract foreign investment, have also created new opportunities for the aquaculture industry.

With cooperation from governments, businesses and farmers, Vietnam can achieve a sustainable and prosperous aquaculture industry that meets both economic and environmental goals.

Dive into innovation with Aquaculture Vietnam

Aquaculture Vietnam is Vietnam's International Aquaculture Industry Exhibition. This is a comprehensive event that allows visitors to explore the entire aquaculture value chain, from farming and fishing to processing. 

Aquaculture Vietnam offers a dynamic platform for exhibitors to showcase their latest products, services and technologies. Aquaculture Vietnam 2024 will feature over 100 exhibitors and is expected to attract 4000 visitors from more than 20 countries/regions. 

The event brings together industry leaders and experts from around the world, making it a key venue for fostering cooperation, driving innovation and shaping the future of the seafood industry.

Aquaculture Vietnam 2024 collaborates closely with the Vietnam Fisheries Society (VINAFIS), the International Collaborating Centre for Aquaculture and Fisheries Sustainability (ICAFIS), as well as associations, and media agencies across key aquaculture provinces in Vietnam. This collaboration aims to add new value to the exhibition, making it not only a value for business exchange but also a scientific forum for updating technology, knowledge and emerging trends.

In particular, the following programs and activities are highlighted to promote innovation and sustainable development in the fisheries and aquaculture industry: 

International Aquaculture Vietnam Conference (6 edition): The conference focuses on the theme 'Greenhouse Emission reduction and Development of Green Economy in Aquaculture' it will span two days, October 9 and 10, featuring five thematic sessions: Aquaculture Species diversity; Technologies towards reducing greenhouse gas emissions and using renewable energy (RAS, Aquaponic, Solar Energy...); Circular economy to reduce costs and increase values for the aquaculture industry; Multi-product strategies, international certification requirements; Aquaculture production and trading through the value chain. The conference brings together leading professors, experts and speakers from Vietnam and around the world.

Biosecurity Asia Forum: The forum will focus on the directions, methods and implementation of biosecurity - a core value for sustainable development in the aquaculture and livestock industry. This is a standout feature of this year's exhibition.

The conferences are not only scientific forums with in-depth and diverse content but also offer opportunities for businesses and aquaculture households to exchange ideas, engage in discussions and learn from each other. This will also be a valuable opportunity for businesses to connect with their target customers, promote their products and enhance brand awareness.

Aquaculture Vietnam also features a diverse range of highlighted programs, including the Match & Meet Program, Bus-in Program, etc.

Join the journey of innovation and sustainable development at Aquaculture Vietnam 2024 from October 9 to 11 at the Saigon Exhibition and Convention Center (SECC), 799 Nguyen Van Linh, District 7, Ho Chi Minh City.

The exhibition will take place concurrently with The Vietnam's Premier International Feed, Livestock, Meat Industry Show - Vietstock 2024. This combination promises to be a comprehensive destination, covering the value chain of the livestock and aquaculture industry. It paves the way for breakthroughs and global connections in the future.

The opening ceremony of Aquaculture Vietnam 2024 will be held on October 9, 2024, at the Saigon Exhibition and Convention Center (SECC). Aquaculture Vietnam 2024 warmly welcomes our partners, customers, visitors and media representatives.

For more information and to register, visit HERE.

The Aquaculturists

Friday, September 6, 2024

Tradewind Finance Provides Credit Facility to Indian Seafood Exporter

September 6, 2024 - Tradewind Finance, an international trade finance company, has completed a $900,00 credit facility for an Indian seafood exporter specialising in frozen shrimp. The facility is providing additional working capital for the company to support their growth in line with increasing demand for their value-added shrimp product, which can come peeled, deveined and cooked.

In the arrangement, the seafood company is securing pre-shipment financing from their bank and post-shipment financing from Tradewind. Added working capital and cash flow are being used to procure raw materials, cover packaging costs and to bridge the gap until payments is due from buyers, 90 days after the invoice is issued. The company's shrimp product, regarded for the lean protein it supplies in a consumer's diet, as well as its easy-to-eat preparation, is being exported primarily to the USA.

"We are excited to structure a financing facility that can further strengthen our client's operations and allow them to meet the growing demands of their international clients. Our working capital support enables them to continue delivering high-quality products on time, while maintaining the financial stability needed to navigate the complexities of global trade,"Akash Kanungo, Vice President - Business Development, of Tradewind's India office said.

Tradewind has a track record of supporting businesses in the seafood industry with reliable working capital to sustain growth. Understanding the perishability of seafood products, the firm is able to provide funding with a quick turnaround, reducing the rusk of trade disruption and maximising opportunities for their clients to grow and thrive.

For more information, visit HERE.

The Aquaculturists