With the current price ranging from USD1,000-2,000 per ton, seaweed is economically feasible only for a few industries like pharmaceuticals, health, food additives, and biostimulants. However, the price would need to be considerably lower for some others including alternative noodle products, bioplastics, as well as biofuels.
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I Nyoman Radiarta emphasized that the KKP recognizes the importance of ecology for sustainable resource utilization. He stated that ecology serves as the commander to keep the sea clean and healthy.
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Regarding licensing, SCI requested the relaxation or moratorium of burdensome permits for shrimp farmers. In response, the Director-General of Aquaculture, Tb Haeru Rahayu, is considering centralizing pond permits to a central authority.
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Cooperation with Vietnam is also an effort to combat illegal, unreported, unregulated (IUU) fishing, exchange fisheries data information, technology transfer, and expert knowledge exchange. In addition, this cooperation aims to enhance the quality of human resources in the fisheries sector.
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The cumulative total fishmeal production in the first 11 months of 2023 decreased by around 16% compared to the same period in 2022. The main factor for this decline is attributed to the 41% year-on-year decrease in Peru, impacted by the El Niño phenomenon and the cancellation of the April-June first fishing season.
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With green plus blue, we hope it can be one of potential breakthroughs for the stagnant economic growth of around 5% per year, said Bambang
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The milkfish offers multiple business opportunities across its production stages, from hatcheries to processing.
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The development of protein from maggots intriguing because their use doesn’t significantly compete with human needs.
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Pangasius has a high demand in the global market, reaching a value of $2.45 billion in 2018. The largest market destinations are China and the United States. Vietnam leads as the primary exporter, having successfully supplied pangasius to over 100 countries with an export value exceeding $1 billion, followed by Indonesia as the second-largest exporter.
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The use of probiotic has become a common solution for farmers to prevent Vibrio infections. Probiotics inhibit Vibrio pathogenicity by secreting enzymes that interfere with the quorum sensing process.
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After a highly successful debut, the upcoming Global Shrimp Forum is set to make a grand return, aiming to surpass its previous achievements.
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MMAF aims to continue improving tilapia productivity and make it a prominent commodity in both local and global markets.
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