The First 100% Fish Article Published by Arctica Finance and Iceland Ocean Cluster

As part of the partnership between Arctica Finance and Iceland Ocean Cluster articles that focus on fish related subjects will be published as part of the series titled “100% fish”. The primary aim of these articles is to draw more attention to the Icelandic fishing industry. Iceland Ocean Cluster and Arctica Finance believe that their partnership will create multiple exciting opportunities that will help drive further growth of the Icelandic fishing industry.

The first article, “The U.S. Seafood Industry and Utilization of By-Products”, is available here.

The U.S. is an important market for seafood, being the fifth largest producer and exporter of seafood in the world and the largest importer. Despite its global significance, there are still opportunities for enhancements within the U.S. fishing industry, especially with regard to fish utilization. At least 1.5 million metric tons of fish by-products are discarded in the U.S. per annum, resulting in a value loss of potential $655 million. By increasing the utilization of fish and fish by-products, significant value can be salvaged from the supply chain in the U.S. seafood industry.

 

For further information, please contact Thor Sigfusson PhD, Founder and COB Iceland Ocean Cluster on thor@sjavarklasinn.is or Huni Johannesson, analyst at Arctica Finance on huni@arctica.is.

Attachments

Related Post

thumbnail
hover

Total catch in October 114 thousand...

The overall catch of Icelandic vessels in October was 113,656 tonnes, nearly the same as in October 2017. Demersal catch was just 46 thousan...

thumbnail
hover

Purchase of Ögurvík approved

In accordance with the shareholders’ decision during the initial shareholders’ meeting in October, the employees of Kvika banki hf. pres...

thumbnail
hover

Grilled fish with new potato, red...

Fish and fish again and why not. It is healthy, tasty and makes our brain work better. So remember, have fish for lunch or dinner twice ever...

Leave us a comment