Afleveringen
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Why is AI suddenly everywhere and what’s it really doing? In this week's episode, we break down the evolving conversation around artificial intelligence, from its foundational breakthroughs to its current and future applications in the seafood sector. We'll explore the origins of AI models, how Nvidia's technological advancements are driving AI capabilities, and the practical implications for aquaculture businesses today. Whether you're curious about the latest AI trends or looking to implement AI in your operations, this episode is packed with insights to help you stay ahead.
For more aquaculture insights, head to our Fish n’ Bits blog.
Sign up for the SAA webinar on Aquaculture AI Solutions -> Register Now
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What role does aquaculture play in the economic development of First Nations communities? This week we had the pleasure of interviewing Isaiah Robinson, the Deputy Chief Counselor of the Kitasoo Xai'xais Nation. Isaiah shares his personal journey, the unique challenges of managing economic development in a remote community, and the critical role of aquaculture in creating jobs and fostering economic independence. He also discusses the impact of government policies on salmon farming and the ongoing efforts to balance environmental stewardship with economic growth.
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Zijn er afleveringen die ontbreken?
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What led to the fall of Red Lobster, once synonymous with seafood dining in North America? This week’s episode we explore the storied history of Red Lobster, from its founding by Bill Darden to its peak with over 700 locations. We’ll explore the business decisions, such as private equity sales and promotional missteps, that contributed to its decline. While our episodes typically focus on seafood production, understanding the challenges faced by such a key player provides crucial insights into the entire supply chain.
For more aquaculture insights, head to our Fish n’ Bits blog.
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Curious about the latest trends and insights in the global salmon industry? This week we dive back into the most recent quarterly earnings (Q1 of 2024) reports of seven major publicly traded salmon companies across six countries and three farming types. We'll dissect the EBIT/kg figures, discuss the industry's challenges, and highlight unique developments from companies like Salmon Evolution and Grieg. Discover how these insights could shape the future of salmon farming and what the data tells us about the industry's resilience. Tune in for a thorough analysis that could impact your understanding and investment strategies in aquaculture.
Download our Q1 2024 Report here.
For more aquaculture insights, head to our Fish n’ Bits blog.
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Have you ever imagined a future where worrying about salmon escapes becomes a thing of the past? This week as we take a deep dive into the world of triploid salmon. From their sterile nature to the potential benefits for sustainability and commercial success, triploids are an intriguing topic for the salmon farming industry. In this episode, we explore the historical context, recent research findings, and contrasting outcomes in Norway and Canada, shedding light on the complexities and promise of triploid technology. Tune in for insights that could reshape the future of aquaculture.
For more aquaculture insights, head to our Fish n’ Bits blog.
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Is the story of salmon mortality as black-and-white as the media suggests? This week we look into the nuanced realities of rising mortality rates in salmon farming. We'll review the findings from a recent Nature's Scientific Report, assess the complex interplay of environmental challenges, disease management, and regulatory impacts, and discuss why significant achievements like the reduction in Pancreas Disease (PD) are often overshadowed by negative news. Join us as we unpack the layers behind the headlines, offering a richer, more detailed perspective on the challenges and successes facing the aquaculture industry today.
For more aquaculture insights, head to our Fish n’ Bits blog.
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How do fluctuating fish grades and stringent regulations shake up the global seafood market? This week, Tony Chen looks into the ripple effects of fish health challenges on the seafood industry, particularly examining the surge in lower-grade salmon production in Norway. As colder waters and health issues like winter ulcers surge, a record high of "production" grade salmon—deemed unfit for export—has led to unprecedented supply chain disruptions. This has prompted European processors to seek intervention from the European Commission, highlighting how seafood is not just a commodity but a complex interplay of business, regulation, and consumer expectations. Gain insight into the origins of fish grading, the current landscape of regulatory impacts, and the collective industry response, shedding light on why seafood remains the world's largest traded commodity.
For more aquaculture insights head to our Fish n’ Bits blog.
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How will the recent reopening of the Peruvian anchovy fishery impact global aquaculture and the burgeoning alternative ingredients sector? This week we’re discussing the crucial developments in the fish feed industry, particularly focusing on fish oil and fish meal. With the anchovy fishery resuming and a quota set at 2.4 million metric tons—more than double last year’s—there's potential relief in sight for the high costs that have burdened fish farmers due to a record El Nino event. However, this episode goes beyond the headlines, exploring how the scarcity has propelled innovations in algae and insect-derived feeds. Tony provides listeners with insights into the algae oil successes, the growing interest from major biotech firms, and the steady progress within the insect farming sector. If you’re looking to understand how these dynamics could reshape aquaculture’s future, this episode promises a comprehensive overview.
For more aquaculture data insights head to our Fish n' Bits blog.
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How do you transform a passion for skateboarding into leading one of the most innovative and sustainable companies in the fisheries and biotech industry? In this enlightening episode of Fish and Bits, we chat with Matts Johansen, CEO of Aker BioMarine, to explore his extraordinary journey from a high school dropout to the helm of a pioneering company. Discover how balancing risks has propelled both his career and Aker's mission towards sustainability, the significance of adopting an optimistic leadership style that embraces the power of "yes," and how cutting-edge technology like AI and autonomous drones is revolutionizing sustainable fisheries management. Plus, gain insights into the challenges of global fisheries management and the future of sustainable ingredients. Tune in for these compelling stories and much more, shedding light on the intersections of personal growth, leadership, and environmental stewardship.
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Norway’s newest traffic light designations are out and it’s controversial at best among farmers. We’re kicking off our new season by looking into this critical regulatory framework. A month after the latest updates to the system were announced, we explore the intricate details behind the decision, the data shaping these changes, and the industry's reaction. Join us as we navigate the complexities of this situation, shedding light on a matter at the heart of sustainability, economic vitality, and the future of aquaculture in Norway.
See supporting graphs and learn more about the Norwegian Traffic Light system in our latest article.
For more aquaculture data insights head to our Fish n’ Bits blog. -
The Q4 2023 quarterly results have arrived, and this week, we're highlighting these outcomes, featuring notable advancements from several companies alongside the debut of financial reports from two emerging operations, SalMar Aker Ocean and Salmon Evolution. Join us in examining the financial outcomes of publicly traded farming companies and their strategies for addressing their current challenges. Take a listen as we dissect the numbers, trends, and future prospects of salmon farming, offering insights that are not to be missed.
Download Manolin's Public Farm Report for Q4 2023 here.
For more aquaculture data insights head to our Fish n' Bits blog.
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How does a legacy rooted in traditional seafood pave the way for innovation in aquaculture? This week's episode features Dick Jones, a veteran in the seafood industry with a rich family history in seafood processing and brokerage. Transitioning from the traditional seafood business to the forefront of aquaculture, Jones shares his journey through the collapse of groundfish stocks that led to his family business's bankruptcy, highlighting the critical need for sustainable fishing practices. At Whole Foods, he played a key role in pioneering sustainable seafood retailing, showcasing the impact of leadership and education in promoting sustainability. Now the CEO of aquaculture with Blue Ocean Mariculture, Jones discusses the challenges and opportunities within the industry, from operational hurdles to regulatory frameworks and workforce development. He underscores the importance of community engagement, transparency, and accountability in aquaculture to ensure public support and sustainable growth, offering listeners insightful perspectives on the evolution of seafood production towards a more sustainable future.
Learn more about Blue Ocean Mariculture on their website and check out their career page for new opportunities.
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Are you curious about how the latest advancements in AI and generative models can revolutionize the aquaculture industry? This week we’re looking into the intersection of AI, generative models, and data analytics within the seafood sector, focusing on the development of new biological growth models. With OpenAI's recent launch of Sora, a groundbreaking text-to-video model, the potential for AI to impact various sectors, including aquaculture, has never been more apparent. This episode we’ll guide you through the evolution of growth models, from the simple Average Daily Gain to the sophisticated Ewos Growth Index, and discuss the technical marvels of the Sora model. By exploring these topics, the episode aims to shed light on how modern AI models could be leveraged to enhance aquaculture growth models, leading to more informed decision-making and data intelligence in the industry.
Join us for an insightful discussion on the future of aquaculture in the age of AI. Let’s dive in!
For more aquaculture data insights head to our Fish n' Bits blog.
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Why does the United States, a nation with a seemingly insatiable appetite for meat, emerge as the focal point for global seafood markets? Despite Americans' modest seafood consumption, the U.S. stands as the world's largest seafood import market, a fact that underpins the strategic investments of international seafood producers, notably the Norwegian Seafood Council's significant allocation towards capturing the U.S. market. This week we’ll explore the surprising reasons behind this focus, including the U.S.'s complex relationship with aquaculture and its implications for global seafood trade. From regulatory hurdles to the potential for long-term market penetration, this episode offers insights into why the U.S. remains a lucrative, albeit challenging, frontier for the seafood industry. Join us as we navigate the depths of these issues and more, shedding light on the opportunities and obstacles facing seafood in America. Let’s dive in!
For more aquaculture data insights head to our Fish n' Bits blog.
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What does a record-breaking acquisition in aquaculture signify for the future of the industry? This week, Tony Chen examines critical shifts within the salmon sector, beginning with an alarming report from Norway's Veterinary Institute on fish mortality rates. The episode further explores MSD's strategic $1.3 billion acquisition of Elanco's aquaculture division, highlighting its potential to redefine fish health product development. Additionally, an overview of the industry's vibrant transaction landscape in 2024 suggests a year of significant transformation. Through a concise analysis of these developments, the episode offers insights into the evolving challenges and opportunities in aquaculture, focusing on the implications for industry practices and the global market. Let's dive in!
For more aquaculture data insights head to our Fish n' Bits blog.
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How does a single fish species influence the future of aquaculture markets? In this episode, Tony dives into the turbulent history of the Peruvian anchovy fishery, a linchpin in the fishmeal and fish oil industries now facing its most challenging season. Amid environmental adversities and regulatory hurdles, we explore the harvest's dramatic shortfall, the heated debates over quotas, and the fishermen's unprecedented protests. Blending current data with historical context and expert analysis, Tony sheds light on the anchovy's pivotal role in the aquaculture supply chain and the economic shockwaves of its recent downturn. This episode navigates the intricate interplay between sustainable fishing practices, market demands, and the quest for balance in our oceans' ecosystems. Let’s dive in!
For more aquaculture data insights head to our Fish n' Bits blog.
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This week, the talk across all media platforms centered on Benchmark Holdings' announced potential interest in selling their company. We thought this would present a great opportunity to dive deeper into the topic of genetics in aquaculture and perhaps learn a thing or two ourselves along the way.
On this week's episode, Tony aims to unravel the complex narrative behind this potential sale, using it as a foundation to examine further into the broader subject of genetics in aquaculture. Tony analyzes and hypothesizes some potential strategic reasons for Benchmark's decision to enter the market at this time. We’ll take a detailed examination of the historical evolution of selective breeding and a dive into what the future trajectory of genetics in the industry might look like. Whether you’re an aquaculture professional or merely curious about the industry, we think this episode is a great listen for a comprehensive perspective on the pivotal role genetics plays in the industry. Let’s dive in!
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We’re focusing on the challenging issue of winter wounds in farmed Salmon. In this episode, Tony explores the history, scientific breakthroughs, and the significant financial impact of the disease, estimated at 750 million dollars annually. Tony discusses various strategies employed by farmers, including vaccines, specialized feeds, and genetics, while analyzing their effectiveness and challenges. The episode uniquely blends biological understanding with business implications, highlighting the importance of preventative measures and the industry's response to these challenges, making it a vital listen for those interested in the intersection of marine biology, aquaculture, and business strategy. Let’s dive in!
If you want more aquaculture insights, head to our Fish n' Bits blog.
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We have the pleasure of introducing our first guest on our podcast, social media influencer & aquaculture educator, James Sibley. As one of the most influential digital seafood educator, James sits directly in front of the next generation of seafood consumers, already accumulating over 400,000 followers and millions of views. In this episode, Tony sits down to discuss the importance of authenticity in social media and how his platform is making a difference in marketing seafood. Let's dive in!
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Welcome to our first episode of 2024! We're kicking things off jumping straight into the future of seafood, guided by a recent DNV report. This report forecasts a dramatic increase in global seafood demand by 2050, highlighting the need to triple marine aquaculture production. Host Tony Chen engages in a detailed discussion on how economic, demographic, and geographic factors influence seafood consumption, addresses the geopolitical challenges in expanding aquaculture, and examines the critical role of technology in meeting these growing demands. We also take a closer look at current trends in key seafood markets such as Norway and Chile, and how they are expected to align with these future projections. This episode promises a thorough exploration of the seafood industry's future, merging expert analysis with the latest global market trends.
If you want to learn more aquaculture insights, head to our Fish n’ Bits blog.
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