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Members Of Global Salmon Initiative Announce Tender For Novel Oil Sources Rich In Omega-3

Innovations

The GSI demonstrates its commitment to finding sustainable solutions to support the long-term future of the farmed salmon industry

Trondheim, Norway – August 19, 2015, 10:00 CET: At today’s AquaNor 2015 conference in Norway, participating members of the Global Salmon Initiative (GSI), in partnership with their industry feed company associates, announced the launch of an innovative global tender. The pioneering tender invites organizations interested to develop novel oils high in Omega-3 for fish farming, to share their proposals to supply participating GSI members with a minimum of 25,000 tons of novel oil, and up to 200,000 tons, annually for a minimum of two years. These additional resources will significantly increase the availability of Omega-3 rich oils, and support the sustainable use of marine oils in fish feed.

“By working together to resolve industry-wide issues, the GSI is demonstrating how collaboration can lead to innovative solutions. We are pleased to see the GSI members working proactively in the search for resources needed to ensure a sustainable future for the industry and to provide sustainable sources of protein,” said Doris Soto, Senior Aquaculture Officer at the Food and Agriculture Organization of the United Nations.

The farmed salmon industry uses approximately 350,000 tons of fish oil each year, and this is expected to grow by approximately 5% each year, in line with industry growth. Today’s announcement comes as part of the GSI’s continued dedication toward improving the sustainability of the farmed salmon industry, and their strong commitment to securing the long-term future of the industry.

Ensuring a long-term supply of our feed resources has always been a key focus for the GSI, and through this commitment to new novel oils, instead of waiting for the market to act, we hope to accelerate the development of viable novel oils at a commercial scale to improve the long-term stability of our supply chain.” said Alf-Helge Aarskog, CEO of Marine Harvest.

We know there are exciting developments in terms of alternative resourcing for fish oils, and through our partnership project we hope to understand and assess the real potential and environmental benefits of using such novel oils, and hopefully identify a supplier of novel oils to meet the requirements of our industry.” said Einar Wathne, CEO of EWOS.

The tender is open to any organization that is able to supply novel oil resources and meet the requirements stated in the tender document. The deadline for proposal submission is October 31, 2015; after this date, the participating members of the GSI will review and assess all proposals received, in terms of suitability and viability. The GSI anticipate a decision will be reached by the end of 2015, at which time a further announcement will be made.

If you would like to receive the tender please contact: GSI@axon-com.com

ABOUT GSI

The Global Salmon Initiative (GSI) is a leadership initiative that was established in 2013 by global farmed salmon producers focused on making significant progress on industry sustainability. Today, the GSI comprises 14 companies – representing approximately 50% of the global salmon production industry – that are fully committed to realizing a shared goal of providing a highly sustainable source of healthy food to feed a growing global population, whilst minimizing our environmental footprint and continuing to improve our social contribution.

For further information on the GSI please visit or contact us at:

GSI members participating in the tender include: Bakkafrost; Blumar; Cermaq; Compañía Pesquera Camanchaca; Fjardalax; Grieg Seafood; Huon Aquaculture; Marine Harvest; Multiexport Foods SA; New Zealand King Salmon; Norway Royal Salmon; and Ventisqueros.

ABOUT ASSOCIATE FEED COMPANIES

The GSI works closely with their feed company associates as they share a vision of improving the sustainability of future feed supplies. By working together, both parties believe that improvements across the supply chain can be reached more rapidly than by working independently.

For this project, the GSI members companies will be working in partnership with the industry feed companies to ensure that the properties requested of non-marine sourced novel oil are sufficient and appropriate to meet the RFP objectives.

The companies involved include: Biomar, EWOS, Havsbrún, Salmofood and Skretting.

Media contacts:

Sophie Ryan
AXON
+44(0)7811 866 516
sryan@axon-com.com

Cameron Donald
AXON
+44 (0)7710 388 627
cdonald@axon-com.com