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| 7 October, 2008 |
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| Should other nations follow Alaska's lead in using aquaculture as part of a fishery enhancement programme? |
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Young's hails fish farming as key to future 17 June, 2008 -
Fish farming – or aquaculture – is already the world’s fastest-growing food production industry, with consistent growth of around nine per cent a year every year since 1975. Already around 45 per cent of global fish supply is from farmed sources. The new policy highlights the fact that fish farming will become even more important in the next ten years, given escalating world food demand, the increased cost of oil, expanding populations and the fact that wild fisheries are a limited resource. Mike Parker, deputy chief executive of Young’s parent company, Foodvest, says: “We felt it was important to emphasise our positive approach to aquaculture at a time when the global food industry is facing some major challenges and fish is under particular pressure. "Fish is a healthy and natural source of protein – the only way for it to remain readily available to everyone is through the increased use of responsible aquaculture.” He added: “As rising fuel prices threaten to curtail wild fishing effort, this issue is even more relevant. "With so many pressures on food supply, without aquaculture we could very quickly reach a situation where fish was a food beyond the reach of all but the richest consumers.” Young’s is Britain’s most easily recognised branded seafood business of the Foodvest Group, a £1.1-billion independently-owned European seafood and frozen food business comprised of Young’s and The Seafood Company in the UK, together with Findus in Scandinavia and France. Around 39 per cent of all Foodvest Group fish purchases are from aquaculture, the most important being salmon and shrimp, but with an ever expanding portfolio of species including sea bass and sea bream from the Mediterranean and Pangasius (basa) from Vietnam.
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