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IFFO is an international trade organisation that represents and promotes the marine ingredients industry, such as fishmeal, fish oil and other related industries.
Marine ingredients are nutritious products used mainly for aquafeed, land animal feed as well as for human consumption and are derived from marine organisms such as fish, krill, shellfish and algae. IFFO's members reside in more than 50 countries, account for over 60% of world production and 80% of the fishmeal and fish oil traded worldwide. IFFO is an accredited Observer to the UN Food and Agriculture Organisation (FAO).
IFFO’s Annual Conference to analyse the role of marine ingredients
This year’s IFFO Annual Conference will be held in the glorious city of Rome and the packed agenda will analyse the role of marine ingredients across the aquaculture and animal feed supply chains. This will be the 58th IFFO Annual Conference, in what has become the go to event for the marine ingredients industry. The conference gives companies a unique opportunity to create new business, share best practice and gain access to the latest intelligence for the industry. It also provides a platform for the industry to communicate sustainable and responsible sourcing practices carried out across the supply chain.
Industry hits back at accusations of irresponsible practices
Greenberg’s article titled ‘Fool’s gold: what fish oil is doing to our health and the planet’, discusses the Peruvian anchovy fishery, which is the largest reduction fishery in the world. This is a highly productive fishery that along with a variety of other small pelagic fish stocks and byproducts from processing produce the annual quantity of roughly 5 million tonnes of fishmeal and 1 million tonnes of fish oil. Once turned into the highly nutritious fishmeal and fish oil products, these are the foundation of aquafeed and hence a global aquaculture industry. There is a common misconception that the Peruvian government is purposely depriving local communities of a valuable food source and in Greenberg states that Peruvian law dictates that more than 95% of the catch must go to the reduction industry, this is simply not correct and in fact the government has been doing the exact opposite. The Peruvian Government actually restricts the fishing of anchovy for fishmeal and fish oil with the setting and enforcement of quotas and closed fishing seasons - standard elements of sound fishery management. The fishing of anchovy for direct human consumption in the inshore artisanal fishery is in a restricted open-access model, regulated by permits and a tax for accessing a natural resource. There is no bias towards the fishing of anchoveta for fishmeal and fish oil production, quite the contrary. The Peruvian government has invested many millions of dollars to promote direct consumption but with little success so far. People just don’t eat enough! The same is true of many of the other species used around the world for fishmeal and fish oil production, and by their use in this way they support the production of protein that is valued for its contribution to global food security.
Update Newsletter - August 2018
Leaving a company you have been running for some years is a difficult time to endure. Decisions beyond a certain time horizon really should be left to my successor and days become long. Colleagues you have recruited and work closely with are wondering how the new boss will see their value and I feel responsible for their anxiety.
There is no need to worry as the IFFO Board Selection Committee found a great replacement for me in Petter Martin Johannessen, who not only brings extensive industry experience but is also very familiar with IFFO. My primary concern now is to give him the best possible start in his new role and ensure the IFFO organisation continues to run smoothly as I depart and Petter arrives. Fortunately we are just in that dip in activity between launching the Rome Annual Conference and the immediate run up to the event – if early registrations are anything to go by it will be another successful conference.
IFFO announces new Director General
IFFO, The Marine Ingredients Organisation, today announced the appointment of Petter Martin Johannessen as the new Director General. Johannessen will take up the post from 3rd September in IFFO’s London Headquarters, following the departure of the outgoing Director General Andrew Mallison in July. IFFO’s President Eduardo Goycoolea welcomed the appointment saying “the IFFO Board is thrilled to welcome Petter to the IFFO family. With his extensive managerial experience in strategic and procurement roles, Petter’s work with multi stakeholders across our industry, and his already close relationship with IFFO, will make for a winning formula in this important role.”
Research reveals huge potential in increasing food production
Researchers have found that by-products in Scottish salmon farming are generally well utilised, but total by-product value output could be improved by 803% (£23.7 million), based on 2015 figures, adding 5.5% value to the salmon industry. Led by Julien Stevens, researchers from the University of Stirling’s Institute of Aquaculture and University of Massachusetts at Boston have recently published research funded by IFFO, The Marine Ingredients Organisation. The research investigated how value could be added to aquaculture through better utilisation of by-products, by maximising edible yields and better separation at the processing stage, looking at the Scottish salmon farming industry as a case study.
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