Lack of transparency threatens $63bn of farmed shrimp investments – Planet Tracker suggested findings.

Planet Tracker report……………..good luck with trying to excite targeted listed companies (small fry in shrimp)…………also we have seen the mangrove issue come around once every ten years – new cohort of willing graduates.

Some interesting key takeaways but overall flawed. Exaggerated (fake, miss targeted, sensational, etc) reporting.  

Counter arguments could be that this was written out of an office in London. Just imagine the footprint in England. Probably by people who have the luxury of living and benefiting from exploitation already. Where are all the forests that used to cover the UK? Cut down to make houses and ships to rule the rest of the world – as fuel.

Also one must surely put in the society job creation aspect to counter balance –  millions of people globally raised out of poverty with shrimp farming.  

Simple if you have a problem with shrimp aquaculture you vote with your wallet – just don’t buy. Or buy certified or from a trusted brand. Local supermarket in developed country should be good enough 🙂

Concern on inflation ($63bn is way silly number) with this one:

Planet Tracker has identified 27 publicly listed companies involved in farmed shrimp
with a combined market capitalisation of $102 billion, of which $63 billion is held by
external investors. Their farmed shrimp segment gross profit and net profit margins
are unable to be assessed due to very low transparency on shrimp-related revenues
and costs.

Some listed companies are itsy bitsy players in shrimp farming – compared to their portfolios. This report bundles all businesses together.   

Some companies shown are not even in farmed shrimp production. Take High Liner – where are their owned operations? Some companies are Japanese shrimp fishing companies not deeply involved in the farmed shrimp sector. Many traders and secondary processors. So no farmed shrimp information relative to any LCA’s. 

Why not better show the volume of shrimp these 27 companies say they produce and what portion this is of their overall business. Guaranteed added up they are still minority players in industry. 

Profits assessed on related revenues and costs is not of importance if one is looking at a resource monitoring exercise – which this report supposedly is. But including it is because trying to hook the big fish………this is shrimp.

And this one….

Historical and future mangrove deforestation is a material risk for the farmed shrimp
industry – incorporating land use change into shrimp life cycle assessments places
shrimp ahead of beef for GHG emissions on a per kilogram of production basis.

Same story for past decades. It may be an issue for specific players out of SE Asia but does not stand up for many companies in the farmed shrimp industry. 

Would be interesting to see what Planet Tracker has done reporting shrimp wise in the Western Hemisphere? 

Fussy eating prawn…….operational expense reductions….

Shrimp feed conversion rates in the Middle East are at 1.8 with shrimp culture waters being commented on as having possibly too high a natural productivity. Delivery method of feed in KSA is mainly by blowers.

Pond side blower technology testing 1983. Recommendation was to stop using blowers

….because 10 – 15% of pelleted compound feed got beaten up with quite a bit of fines.

Always considered shrimp feed given into pond as having a % considered as fertilizer. With fertilizer SOP’s having to be adjusted accordingly.

The largest expense has to be reduced without affecting performance of biomass productivity. This does not mean cheapening shrimp feed but it means making it stretch that bit further.

15% of 1.8 would bring FCR down to a reasonable industry FCR level.

Also save 300g of feed for every kg shrimp exported. Work out your savings.

Or even help produce 15% more with same feed volume consumption per year.

Of course its also about how to feed now? Feed trays are more efficient. Robotic in pond feeders of course then!

Phanorods to the rescue… controlled phage therapy by photothermal ablation of specific bacterial species using gold nanorods targeted by chimeric phages…

Yes – potential application as sterilization in aquaculture and for food safety….

Prawn farming as it currently stands is self insured……not for the faint hearted.

Insurance companies should stick to their strategies but don’t expect the industry to turn from being a high risk high reward industries to be involved in – not for the faint hearted the industry tends to be sufficiently successful (global Trade figures) and staying basically being self insured – no requirement for controls proposed.

Nothing is that quantifiable (yet!) in nutrient rich shrimp culture water.

The subject of insurance in shrimp farming was broached decades ago – and discarded. The shrimp industry, the most valuable species within aquaculture measured by global revenue, is effectively uninsurable because of dubious farming methods and high levels of disease.

https://www.undercurrentnews.com/2020/01/09/most-of-the-aquaculture-industry-as-it-currently-stands-is-uninsurable-axa-says/

Prawn toilets need targeted current flow management……..to concentrate…

To disperse concentrated shrimp pond solids and directionalize in pond currents towards a solid removals system a highly energy efficient robotically managed system on floats can inject air/oxygen, deliver benthic feed gently and move solid particles with its automatic sensor reading, pond mapping, history and 100% coverage software.

Dispersal, aeration, oxygenation plus feeding passes mode available with 2016 prototype.

In background on wall counter current for live fish trials
perfect
hehehe – test running system – 17 years delay

Prawn pioneer Peter Shayne’s beach house for sale Punta Blanca, Ecuador for $1m.

Ground rates (gated community w/full on security, gardener, etc) – $12,000/annum.

560 sq. mts. construction. 1827 sq. mts land.

Interests contact Prawnmaster.