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The Business of Aquaculture
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The Business of Aquaculture

Author: Lourdes Gant

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Welcome to the Business of Aquaculture podcast! This is the podcast for the sustainable business movement in the aquafarming and ocean ranching industries. This podcast aims to amplify the voices of entrepreneurs addressing the UN Global Goals aka Sustainable Development Goal - SDG14 - to conserve and sustainably use the oceans and the seas. Listen in to fellow business aquaculturists in their journey in this new model of food production of making their business sustainable and help the ocean's ecology while also making a profit all at the same time. Get inspired to learn how even small to medium businesses can make an impact to save the seas, leave a legacy, and have a better quality of life. One of our goals is you take away a nugget of wisdom that will help your business move from the Industrial Revolution to Business 5.0. Our vision is that of collaboration in the aquaculture industry.
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In this episode we finalize the last installment of the Top Trends from the Global Entrepreneur Summit.  Trend 9: The Race to SpaceTrend 10: World Wide Wealth Video version found here: https://youtu.be/ykm4NYM5MdQWe will be on a break  and back for Season 6 in February!  Stay tuned :) 
This week we are on our 4th part of the Top Trends from the Global Entrepreneur Summit.  Trend 7: Age of ImpactTrend 8: Metaverse 5.0 Video version found here: https://youtu.be/ykm4NYM5MdQWe will be on a break and back for Season 6 in February!  Stay tuned :) 
We discussed Trends 1 to 4 on Episodes 11 and 12:#1 Decade of Distrust #2 Society 5.0#3 The Final Exam#4 Block ChangeIn this episode, Roger Hamilton discussed Trends #5 (Technology Revolution) and 6 (Rise of the Robots) as shared during the Global Entrepreneur Summit last December 1 and 2, 2022.  Trends 7 - 10 will be released next week, December  30, 2022. I'll be on a break for January but launching Season 6 in February 2023 :)Video version can be found here: https://youtu.be/CekhAO2yK8U
Panel: Jennifer Bushman, Matt Craze, and Shaun O'Laughlin experts in the Sustainable Seafood Industry shared with us education assets and a lot more about the sustainable seafood industry.  Enjoy!
In this episode we talked to Bob Rheault of the East Coast Shellfish Growers' Association (www.ecsga.org) and how they represent over 1500 shellfish farmers from Maine to Florida. They are proud stewards of the marine environment who produce sustainable farmed shellfish while providing thousands of jobs in rural coastal towns.The ECSGA informs policy makers and regulators to protect a way of life.
In this episode, we have Ms. Rosalind Baitel talk about Sea Cucumber aquaculture, Panasea.  Headquartered on the Caribbean coast of Panama and founded in 2018, Panasea is the first open-ocean sea cucumber hatchery. They are guided by Three Interconnected Beliefs:– They can supply the market’s growing demand for sea cucumbers; AND– They can protect and preserve the local marine ecosystem; AND– They can provide jobs to a challenged local economy.
In this new season, we have summarized the nuggets of wisdom from our Season 2 guests on how we can solve the regulatory challenges in the aquaculture industry.  Let me know what's your biggest takeway and how you can implement some if not all of the solutions that were highly recommended by our experts.   
In this episode, Chris Pearce talked to us about government programs helping aquaculturists in their research and development (R& D) projects, how aquaculture is helping the environment's sustainability.  Listen in and let us know what programs do your government have in supporting R & D activities in your country?
In this episode, we interviewed Amy Novogratz, who is one of AquaSpark's founders that invests in the future of sustainable aquaculture. She is one of the go to women experts in our industry.  Amy brings almost two decades of experience in fostering collaborative solutions to some of the world’s big challenges. From helping to start the Social Policy Action Network, bringing together policy makers, academics, journalists and grassroots organizations to tackle pressing social policy issues, to developing and producing Chat the Planet, a web and television entity that bridged young people globally and to serving as director of the TED Conference’s annual TED Prize for almost a decade, leading more than twenty global collaborations across a broad spectrum of sectors, including healthcare, education, science, technology, conservation, art, and activism. With TED, her list of notable projects include: Sylvia Earle’s Mission Blue, Jamie Oliver’s Food revolution, JR’s Inside Out Project, and Bono’s One.org among others. Amy met her partner Mike through ocean conservation work connected to Sylvia Earle’s Mission Blue and together built Aqua-Spark to invest in the right types of aquaculture solutions to provide access to healthy, affordable protein and take pressure off of the ocean. With Aqua-Spark Amy serves on the boards of eFishery, Energaia and Xpert Sea.
In this episode, we are grateful to have the founder of Spheric Research, Matt Craze.  Spheric Research’s value proposition in the briefest terms is to provide key insights into the food industry, especially in the areas of seafood and aquaculture.Aquaculture is the world’s fastest growing food sector. It’s an industry that the United Nation’s Food & Agriculture Organization (FAO) sees as critical to meeting the protein needs of a growing world population. However, it’s also a sector that has struggled to shake off a bad reputation for its environmental footprint.Part of the misconception arises from the fact that the seafood industry is fragmented, mostly privately owned and concentrated in little-understood emerging market nations. Matt Craze, who helped establish commodities news desks for Bloomberg LLP in various parts of the world, founded Spheric Research in 2017 to provide key insights into the seafood sector. No major financial news publication — from the Economist to the Financial Times — has ever provided specialist news coverage of this $100 billion+ industry, which explains why seafood is so little understood from the outside.  
In this podcast, Tim Kennedy discussed:What government rules are blocking the development of aquaculture?How can companies help to change this?What will the sector look like in 10 years?What will not change in the next decade?Enjoy this episode and remember to review, share, and subscribe to the podcast! 
Top Ten Trends in Sustainable Aquaculture
Guy Dean is the President and GM at Organic Ocean Seafood Inc.Organic Ocean Seafood Inc. started the “Organic Ocean at Home” program when COVID-19 strikes. They are among the first to recognize the need for healthy nutritious food despite the pandemic hence they explored options to keep the seafood supply chain flowing. Thus, “Organic Ocean at Home” program was launched and seafood was delivered around Canada. Their seafood comes from wild capture fisheries, Indigenous harvesters, and responsible aquaculture with everything they supply required to meet or exceed the highest sustainable and socially responsible production standards. Organic Ocean Seafood Inc, generates and distributes value by connecting the producers and consumers. Time Stamps: [00:03:05] Guy’s road into the world of the aquaculture industry.[00:04:34] Guy’s point of view on the pros and cons in the aquaculture industry.[00:08:17] Top three trends in the aquaculture industry in the next 10 years.Useful links:Organic Ocean Seafood IncGuy Dean email : guy@organicocean.com
Jennifer WoodlandJennifer Woodland is the CEO at Nuu-chah-nulth Seafood LP in Campbell River, British Columbia, Canada. Nuu-chah-nulth Seafood coordinates expertise and facilitates access to funding for our Nations to complete feasibility studies and business plans. We pursue industry and processing partnerships, seafood sales, vessel purchases, and aquaculture ventures. We access a variety of funding opportunities to facilitate specific training initiatives. Nuu-chah-nulth Seafood maintains a database of deckhands and vessel owners to assist with employment matching.Time Stamps: [00:02:42] Jennifer’s road into the world of the aquaculture industry.[00:08:04] Jennifer’s point of view on the pros and cons in the aquaculture industry.[00:17:49] Top three trends in the aquaculture industry in the next 10 years.Useful links:Nuu-chah-nulth Seafood LPJennifer WoodlandSustainable Ocean Economy 2050
Terry Brooks is the Managing Director of Golden Eagles SableFish in British Columbia.Golden Eagle Sablefish represents the aquaculture sector of the Golden Eagle Farm Group. We raise a premium sablefish whose quality and taste is a result of aquaculture done right. We believe in a clean fish and hand-raise our fish from egg to ocean.Time Stamps: [00:02:47] Terry’s road into the world of the aquaculture industry.[00:04:27] Terry’s point of view on the pros and cons in the aquaculture industry.[00:09:10] Terry’s way of maximising value in the wild fisheries.[00:12:04] Top three trends in the aquaculture industry in the next 10 years.Useful links:Golden Eagle SablefishTerry BrooksAlex Brooks
Dr Abayomi Alabi is a marine biotechnologist and president of Seed Science. Yomi is a joint venture partner of Manatee Holdings. Yomi’s experience in the biochemical, microbiological and nutritional requirements for successful aquaculture seed production. Here in British Columbia, Yomi pioneered commercial scale production techniques for prawn, pacific sea urchins, northern abalone. In addition to this, he spearheaded the development of probiotics effective against cold water bacterial diseases for agricultural use in BC. He was the founding head of the Shellfish Health and Husbandry research programme at Vancouver islands University Centre for shellfish research.Time Stamp[0:03:00] How Dr Abayomi Alabi got into aquaculture[0:04:44] Pros and Cons and challenges of the aquaculture industry[0:07:26] Dr Abayomi Alabi view of the future of the aquaculture industry
Diane Morrison is the Managing Director of Mowi Canada West.  Diane is responsible for raising about half of the annual provincial harvest of British Columbia's farm-raised Atlantic salmon each year. Mowi Canada West is the Leading Salmon Aquaculture Company in British Columbia. In Canada, Mowi operate salmon farms on the coast of beautiful British Columbia and Vancouver Island, where 600 people produce 45,000 tonnes of sustainable farm-raised Atlantic salmon each year.Time Stamps: [00:02:52] Diane’s road into the world of the aquaculture industry.[00:06:46] Diane’s point of view on the pros and cons in the aquaculture industry. [00:10:23] Top three trends in the aquaculture industry in the next 10 years.Useful links:Mowi Canada WestDiane Morrison
Rocky Boschman is the Managing Director of Grieg Seafood British Columbia.Grieg operates 22 farms and a hatchery in British Columbia and employs 180 people in coastal communities. Grieg Seafood British Columbia is licensed to produce 23,400 tons of salmon annually to North American and Asian markets. Time Stamps: [00:02:53] Grieg’s road into the world of the aquaculture industry.[00:05:05] Grieg’s point of view on the pros and cons in the aquaculture industry. [00:10:23] Top three trends in the aquaculture industry in the next 10 years.
J.P. HasteyJ.P. is the President and Founder of Nova Harvest.Nova Harvest was founded in 2011. They apply innovative, science-based solutions to support the development of a sustainable shellfish industry. There is the hatchery where oyster and geoduck seed production is located in Bamfield, BC. The starting ground for innovative solutions in aquaculture, the farm where deep water oyster culture is located in the pristine waters of Barkley Sound. The developing ground for new technologies in oyster farming. Time Stamps: [00:02:32] J.P.’s road into the world of the aquaculture industry.[00:04:42] J.P.’s point of view on the pros and cons in the aquaculture industry.[00:06:52] J.P.’s favourite aspect in aquaculture throughout his 20 years of experience. [00:08:20] Top three trends in the aquaculture industry in the next 10 years.  Useful links:Nova HarvestJ.P. Hastey
Bill TaylorBill is the Vice President of Taylor Shellfish Farms.Taylor Shellfish Farms began farming shellfish in the waters of the Puget Sound in 1890. Starting from Bill’s great grandfather, their family legacy has successfully thrived on sustainability, relying on clean water and healthy ecosystems. Their mission is to protect the waters in their communities, support local farming communities and educate the youth. Time Stamps: [00:02:47] Bill’s journey into the world of the aquaculture industry.[00:05:44] Bill’s point of view on the pros and cons in the aquaculture industry.[00:07:25] Impacts of pandemic in 2020 on Taylor Shellfish Farms and how they survived through it [00:10:41] Top three trends in the aquaculture industry in the next 10 years.  Useful links:Taylor Shellfish FarmsBill Taylor
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